Nft market could grow to $200 billion

An investigation carried out by Grand View Research revealed that there is a million-dollar figure around NFTs

Recent research from Grand View Research reveals that the NFT market has reached an impressive figure of over $200 billion in the near future, transforming our perception of value and ownership in the digital and physical worlds.

During the year 2022, the NFT market had already reached a staggering value of $20.44 billion, accounting for more than 72 % of the global digital asset market revenue, according to the study.

Projections indicate a compound growth of 34.2 % from 2023 to 2030 in the NFT market, demonstrating an exponential increase in the value of digital assets. This growth is attributed to the growing interest in digital ownership and the search for unique digital identities.

In El Salvador, the Ministry of Education started an exciting pilot program in collaboration with local Bitcoin projects such as Bitcoin Beach and My First Bitcoin. The program aims to train at least 150 public school teachers on Bitcoin and cryptocurrencies, teaching them how to make simple transactions through virtual wallets before returning to their local classrooms.

K. Tovar

Source: Criptotendencia

(Referential image source: Andrey Metelev, Unsplash)

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