As the year 2021 is coming to an end what is the future for the new rave of the moment NFTs which seems to have taken over the cryptocurrency market in 2021 as the new year 2022 is coming and a lot of projects coming up what do we expect to see in the coming year will NFTs continue to drive or a new wave is coming?
I must say 2022 has been the year of NFTs for crypto users because the market has evolved so fast and so vastly that almost everyone is making their own Non-Fungible Tokens, NFTs. Even some players from NBA and others are creating NFTs of their own like I remember there was some Le Bron James dunk NFT that was sold for a very huge amount.
Personally, I don't have much knowledge about how these NFTs work and with due respect to all the artworks, I don't understand why someone would spend 69 million dollars on a set of NFTs, the beetle sold it. I know some people love collectibles and the beauty of any art lies in the eyes of the beholder but really it's beyond my understanding why someone would spend so much.