NFTs: A Multifaceted Ecosystem
Key Takeaways:
- The NFT ecosystem hit escape velocity in 2020, led by Crypto Art which seems to have found product-market fit earlier than other categories.
- This is perhaps attributable to the clear value propositions to both collectors and creators, whilst scalability constraints are less of a concern as art isn’t moved around on-chain as much.
- There was a net increase of b