@idiosyncratic1 2 August 2021 more from that month

According to Mr. Huang, NFT tx fees exceeded De-Fi tx fees. I'm not sure about the data he analyzed but it makes sense when we consider some points like the most frequently used blockchains for NFTs and the De-Fi platforms preferred for their fast and cheap transactions. So far NFTs look fashionable but not for common people. The "piece of art" form of NFT is for rich guys while NFTs with utilities (e.g. gaming) are for everyone. Contrarily, De-Fi cannot be on a blockchain that has scaling issues. While Ethereum has been leading the way, L2 solutions like Polygon turn it into a bearable shape. De-Fi -> faster, cheaper and for everyone while NFT -> luxury is still valid narrative for crypto 💁‍♂️ #Cryptocurrency