When did NFTs first emerge in the cryptocurrency space?

3 answers

• May 06, 2022 · 3 years ago
  NFTs first emerged in the cryptocurrency space around 2017 when the Ethereum blockchain introduced the ERC-721 token standard. This allowed for the creation and trading of unique digital assets, paving the way for the NFT boom we see today. The CryptoKitties game, launched in late 2017, played a significant role in popularizing NFTs and showcasing their potential. Since then, NFTs have gained traction in various industries, including art, gaming, and collectibles, with high-profile sales and collaborations attracting mainstream attention.
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• May 06, 2022 · 3 years ago
  The concept of NFTs has been around for a while, but it wasn't until the Ethereum blockchain introduced the ERC-721 standard that they gained significant attention. This happened in 2017, and it marked the beginning of the NFT revolution in the cryptocurrency space. Since then, NFTs have become a hot topic, with artists, creators, and investors exploring the potential of this unique digital asset class.
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• May 06, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recognizes the emergence of NFTs in the cryptocurrency space around 2017. With the introduction of the ERC-721 standard on the Ethereum blockchain, NFTs gained popularity and opened up new possibilities for digital ownership and collectibles. Since then, NFTs have become a significant trend in the crypto industry, attracting attention from artists, collectors, and investors worldwide.
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