Dive into the heart of the NFT phenomenon: Flow and its insatiable growth panic the cryptosphere

After revealing to the world the potential of non-fungible tokens, the company Dapper Labs (creators of CryptoKitties) does it again with the induction of Flow: THE essential NFT platform of the moment.

She became in a few weeks the contender for the title of future giant of the ecosystem. It could absorb a market measured at several billion dollars, of which we are only living in the infancy.

After having dealt with a first article on the fundamentals of Crypto Trader, our second work on the tokenomics of the project then allowed you to measure its disruptive potential. In the following lines, we will try to provide you with an interview of the potential NFT market, and the reasons why Flow is vying to play a central role in it.

This promotional item is brought to you in collaboration with Dapper Labs.

More les NFT, késako?

Non-fungible tokens (NFTs) are tokens with unique attributes. They have the particularity of being distinguishable, unlike the tokens of other fully interchangeable (fungible) cryptocurrencies.

Stephen-Curry-Cryptokitties

This uniqueness rhymes with rarity , and allows holders of an NFT token to obtain proof of authenticity and ownership. NFTs can represent artwork, digital assets, collectibles, in-game items, or event tickets.

At the dawn of global digitization, it is still difficult to imagine the future possibilities of a booming concept. Clarification therefore appears necessary.

2021: the year of the explosion

While the sector’s potential was estimated at $ 315 million for the year 2020 (up 50% compared to 2019), a new report to come on the NFT market will be available by mid-February ( nonfungible.com). He promises the skeptics a serious cure of humility .

Indeed, the data currently available via the very serious data aggregator Coingecko, show a total market capitalization exceeding one billion dollars at the start of 2021.