Cryptocurrency has been around for over a decade now but it hasn't been very popular until a few years ago. From my observation, cryptocurrency blew up in 2020 (in my country, I don't know about the rest of the world) during the COVID-19 lockdown, probably because a lot of people were at home and got a lot of time to spend online.
Back in 2020, I was surprised by the growth of cryptocurrency as most of my friends (especially the females) started asking me for guides on how to buy some coins like Ethereum and Trons. A lot of airdrops and crypto-based Ponzi were done that year, and that was what contributed to the growth of crypto.
I remember one of my friends making about 4 Ethereum from one of those popular Ponzi schemes back then (forsage), and a lot of other people were interested and were humble enough to learn about crypto. Another person participated in a lot of airdrops with most of them turning out to be a scam, but he pressed on and finally got very successful from just one airdrop.
Right now, most people I know are into cryptocurrency or have interacted with it in the past. I thought things were good back then in the cryptoverse, but then came NFTs and it took things to a whole new level! It's not strange these days to see a person making thousands of dollars just within a few minutes, thanks to NFTs.
I was scrolling through Twitter earlier today and I saw that funny tweet. I guess the person got inspired by another Twitter user that sold a picture of a man for over 1 ETH! (Full details about that can be found in olasquare's article here).
I saw the picture a few days ago and I didn't think much about it: "it's just a picture", I said to myself but I didn't know the picture was turned into an NFT and sold on opensea until I read about it on olasquare's article. I was mind-blown! What could the buyer see in the picture that made him/her to buy it for such an amount? 1 ETH is around $3200, converting that to Nigeria's currency is about N1.8 million, just like that!
Some months ago, I came across a post on Twitter about a young boy that drew pictures of his grandmother, and the mom turned the pictures into an NFT and sold them! Yeap, someone actually bought them. It got me wondering why NFTs didn't come around a few years ago, I could have sold some of the drawings I had back in high school 😂.
It seems that is the latest trend now; people turning personal pictures into NFTs and selling them on opensea. It doesn't even need to have a use case just like the ones on SmartBCH, someone out there might just like it and feel like adding it to his collection and I still don't know the reason why people do it (maybe they are just weird art collectors? 😆)
Lately, it's now seen as a crime if you use a smartphone and don't know about crypto. People are now making research online just so they can take part in conversations about crypto. Nobody wants to look ignorant and end up like the guy olasquare talked about in his article or like the person in the picture below 😂.
NFT is now the latest vibe in the cryptoverse and it has helped to push cryptocurrency to a higher level. I believe things will keep getting better and we are only seeing the tip of the iceberg. The movement is starting to become a powerful force of nature and right now, the growth of cryptocurrency isn't slowing down but is instead gathering more momentum, courtesy of NFT.
Big thanks to @foryoubtc09 and @DanLawan for their sponsorship renewal, God bless you both
Thanks for reading 💖💖💖
Sunday April 10th, 2022
People have now seen "personal pictures as NFT" as trend and I think I should use my grandma´s picture now too 😂