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

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