The NFT marketplace is changing the landscape of the digital economy. It can transform multiple industries and increase the potential for global enterprises. The companies that will benefit most from NFTs are manufacturing, retailing, and finance.
NFTs are becoming a dominant force in the digital economy. A growing number of people are adopting blockchain technology to create their forms of Value-as-a-Service (VaaS), stake their claim on an asset or intellectual property, or be creative with the design. And for a good reason — there is a lot of economic upside for investors who buy into these new types of stocks, shares, and other investment vehicles that have recently become so popular thanks to blockchain technology and cryptocurrency. What makes NFTs so attractive is that they offer digital assets with real-world value. Nearly $41 billion worth of crypto was spent on the NFT marketplaces in 2021. Hence, leveraging the potential of the NFT market will result in a significant increase in market cap and revenue for the companies that adopt NFTs.
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