NFT market well-positioned to grow 35% into a $13.6B industry by 2027

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Expect an NFT boom: Is this enough to change the right-clicker mentality?

) space among today’s investors, new research predicts that the existing $3 billion market size will reach $13.6 billion by the end of 2027.

For the next five years, the key factors tied to the global NFT boom continue to factor in the growing involvement of mainstream influencers, gaming communities and the rising demand for digital artworks.several other factors that will contribute to the explosive growth of the NFT market, including its increasing use cases in supply chain management, retail and fashion.

One of the key factors attributed to the rise in NFT searches in countries like Hong Kong, Singapore andNFT marketplaces — platforms that allow investors to purchase and sell NFTs — are currently expected to contribute the highest to the growth of the NFT ecosystem. While existing players like OpenSea now lead this space, crypto exchanges like

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Great news for NFTs. It's here for good, and there is stopping it, no matter what the skeptics say.

I’ll take the over on that.

NFTs are now applied for things such as cobalt mining and supply chain sustainability. Stop thinking about NFTs as just art, and you then realize the full potential.

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