JPEGs going out for tens of millions of dollars, legacy auction houses selling blockchain-based artworks and accepting cryptocurrency for payment, fashion brands issuing digital wearables…2021 will certainly go down in the annals of crypto history as the year of NFTs. The still nascent market for non-fungible tokens has had its best year on record, generating over $23 billion in trading volume—a frenzy away from less than $100 million recorded last year, according to data from DappRadar.
