by Talal AlAfghani, COO NIFTY Souq,
Introduction
When NFTs first burst into modern day life, it was largely for their art appeal and cutting edge blockchain technology.
Digital works of art like Beeple’s sold for millions of dollars and you couldn’t go online without seeing a new army of pixelated apes fighting for your attention and crypto.
As one of the founders of NIFTY Souq, the region’s first NFT marketplace, I could see beyond that early hype and knew that we were just scratching the surface of what NFTs can really do.
The rise of NFTs
NFTs have been around since 2014, but it was only in 2021 that they shot to fame (and fortune), becoming the most searched term of the yea
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