As a new year is finally upon us, it is incredible to see where technology has taken things over the past 12 months. NFTs (aka non-fungible tokens) have disrupted both the investing and art world, making headlines in 2021 for their groundbreaking utility for both creators and investors alike, and they don’t show any signs of slowing down in 2022.
In fact, NFTs just had their best year on record, generating over $23 billion in trading volume—a significant increase from less than $100 million recorded in 2020, according to data from DappRadar.
Anyone, who is able to legally prove they created content, is entitled to sell that content as an NFT. From Youtubers to entrepreneurs, the entire artist community can now take advantage of the