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What impact did the internet have on the mainstream adoption of NFTs in the world of cryptocurrency?

Santosh Kumar DivateJun 27, 2023 · 2 years ago1 answers

How did the internet influence the widespread acceptance of NFTs in the cryptocurrency industry?

1 answers

  • TheSC4Dec 16, 2020 · 4 years ago
    The internet revolutionized the mainstream adoption of NFTs in the world of cryptocurrency. It enabled artists to showcase and sell their digital artworks directly to a global audience, bypassing traditional gatekeepers. With the internet, artists could leverage social media platforms to gain exposure and build a following, which in turn increased the demand for their NFTs. Online marketplaces provided a convenient way for collectors to discover and purchase NFTs, while blockchain technology ensured the authenticity and provenance of these digital assets. The internet also facilitated the creation of online communities and forums where artists, collectors, and enthusiasts could connect, collaborate, and share their passion for NFTs. In summary, the internet played a pivotal role in democratizing the NFT space and driving its mainstream adoption.