Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Network Prepares a New Memecoin ‘Pepper’
Non-Fungible Tokens (NFTs) may not have the same trading volume currently as other digital assets, but during the peak of the bull market, they emerged as a major trend. Celebrities and prominent brands jumped on board, embracing the concept of unique digital assets that are authenticated through blockchain technology. This led to a surge in interest surrounding distinct and irreplaceable assets across various industries, such as digital art, music, videos, and even gambling.
While NFTs may not be dominating the market in terms of trading volume, their impact on the digital assets sector cannot be denied. The idea of owning one-of-a-kind digital assets that are securely verified and stored on the blockchain has captured the imagination of many.
