Tracking the Latest Trends in NFT Finance

On-chainAugust 5, 2022, 3:11PM EDT
UPDATED: August 12, 2022, 1:11PM EDT
Tracking the Latest Trends in NFT Finance
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NFTs have often been unduly pathologized. Pigeonholed as ‘JPEGs’ by the media, the nascent industry has often been framed as a cauldron of pseudo-innovation. This unwillingness to look under the hood has significantly muddied the waters and has contributed to the fact that disparate categories of NFTs have all been lumped together. Similar to the early days of crypto, emergent properties native to certain market segments have been ignored altogether.

However, as the industry continues to mature, the acceptance of distinct verticals has increasingly crystallized while misrepresentations in media have partially worn off. In this regard, the area of NFT finance has enjoyed growing popularity lately. While the broader market has been mired in chaos recently, this niche has become an oasis of thriving experimentation. Consequently, this land-grab opportunity has attracted legions of builders eager to proliferate the financial utility of NFTs along various dimensions.

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