It feels like yesterday that the NFT boom caught the attention of the community. The NFT hype has died down a bit. There are people in the crypt who are still positive about non-fungible token.
NFTs that offer utility beyond just images have been growing in popularity as the industry focused on profile pictures.
According to Raj Gokal, co-founder of Solana, everything is just scratching the surface. There are 50 different use cases that seem to be lumped together. The majority of the projects are expected to use NFTs.
There are new NFT use cases that span from gaming to music, and Gokal is seeing enough startup activity focused on those areas to feel optimistic about the digital assets more generally.
A wave of new NFT products could onboard millions of users in the third and fourth quarters. He said that it was more exciting to see Solana grow through developers and creators.
All Rights Reserved © 2024
