Insights

NFTs Sales Hit $4Billion, Will The Trend Continue?

Yes, the likelihood of the trend continuing into the 2022 first quarter is high. There is likely to be a decoupling from the Crypto market and NFTs will establish themselves as a standalone asset. NFTs are branching into video games with companies like Ubisoft bringing in the tech to create digital assets for their unique properties. Other companies like Sandbox are creating digital real estate for purchase in their digital world. With all of the attention NFTs have gotten in 2021 and all of the development in the works it is unlikely we will see a crash in the next few months. A crash however must occur eventually as it happens in every single asset class, it is not a question of if but when.

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