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3 years ago

I've heard a lot of people say that 2020 will be remembered as the "year of the NFT." 

It's true, a lot of the most solid non-fungible token projects began in 2020, in spite of the widespread chaos that many would say was unfolding in the IRL world. Bitcoin grew not only to all-time highs, but to the greatest level of awareness among the general populace that it has yet seen. Mainstream social media companies continued their marches toward total domination over human attention, and all the while, decentralized companies, distributed networks and web 3.0 solutions were undermining their power and rising to glory at an uncanny pace.

Time has moved slowly in the world of blockchain development, as often happens when huge strides forward are being made. It was in the year 2020 that NFT art exploded onto the world scene, with new collectors, investors and platforms popping up everywhere while the longer established ones grew in popularity. NFT collectibles followed quickly, which paved the way for collectibles with utility. While many companies out of the spotlight had been adding value and utility to their NFTs for years already (Splinterlands comes to mind), the WAX blockchain deserves a great deal of the credit for earning world attention.

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3 years ago

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