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‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried

2022.04.22 21:21

‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried
‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried

Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities for a panoply of industries.

Despite a retracement in financial and emotional fortunes in the opening quarter of 2022, expectations within the NFT community are reigniting for the impending schedule of calendar events such as the launch of Coinbase’s public NFT platform, and the potential for OpenSea and MetaMask tokens.

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