Innovation Investment in NFT – Trends and Opportunities
Innovation Investment in NFT – Trends and Opportunities

In recent years, non-fungible tokens continue to gain popularity in different segments including collectibles, art, sports and gaming. According to Statista, there was a 10-fold increase in the NFT market between 2018 and 2020. Brandessence Market research also found that there was a growth of 328 percent in NFT transactions during the first three quarters of this year. Beeple’s NFT digital art was sold at Christie’s for over 50 million pounds. NFT-related sales in the art segment in 2021 accounted for US$1.9 billion, while the total number of NFT sales in collectibles, sports and art in the first six months of 2021 were 367,129; 299,684; and 124,188 respectively. What are the evolving market trends and business opportunities in NFTs? How do NFTs create value for businesses? What will be the future development of NFTs?

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