New NFT project, BitColors, wants to give users the ability to own and trade colors as NFT tokens. Just like with CryptoPunks, early adopters may be in for some massive ROI. NFTs are still such a big deal
Following Beeple’s $69.3 million NFT sales in March, the digital art market appears to have gone into an overdrive mode. In the first half of 2021, the market for non-fungible tokens (NFTs) surged to $2.5 billion. Comparatively, the sales volume of the global NFT market was $338 million in 2020.
From investors spending millions of dollars on CryptoPunks to digital artists churning out new NFTs at a record pace, one could assume that the frenzy is only just beginning. However, some industry experts