Behind the Viewfinder
NFT Market 2023/24
The NFT market is a dynamic and evolving sector that has seen significant growth and innovation in recent years. According to various sources, the NFT market outlook for 2024 is positive and promising, with some of the following trends and developments expected to occur. The NFT market is constantly evolving and innovating, as new technologies, platforms, and use cases emerge. The NFT market is a diverse and dynamic sector that has many platforms and marketplaces for trading NFTs.
NFT Brasil 2023 Congress and Exhibition: Unveiling the Future of Digital Assets
Are you curious about the world of non-fungible tokens (NFTs) and their potential? Look no further than the NFT Brasil Congress and Exhibition, the premier blockchain and NFT event in the southern hemisphere. In this blog post, we'll take you through the three-day extravaganza, featuring national, regional, and international professionals from across the NFT sector.
With a focus on quality and organization, the NFT Brasil Congress and Exhibition brought together experts and enthusiasts to explore the limitless possibilities of NFT assets. From thought-provoking presentations by renowned speakers to engaging panel discussions, attendees were treated to the highest standard of content.
The event showcased the impressive diversity of visitors, with professionals from various backgrounds converging to share their expertise. Artists, collectors, technologists, and entrepreneurs united under one roof, fostering collaboration and sparking innovation. This unique blend of perspectives created an atmosphere ripe for networking and knowledge exchange.
In conclusion, the NFT Brasil Congress and Exhibition served as a catalyst for the NFT revolution, bringing together a diverse community of professionals and enthusiasts to explore the future of digital assets. By showcasing top-notch presentations, fostering networking opportunities, and organizing an impressive NFT exhibition, the event left an indelible mark on its attendees. Join us as we delve into the exciting world of NFTs and their transformative impact on the global stage.
Mastercard simplifies the purchase of NFTs
To simplify this process and ensure access to NFTs for everyone, Mastercard has announced a partnership with cryptocurrency exchange Coinbase that will allow Mastercard cards to be used to purchase NFTs on Coinbase's upcoming marketplace. Coinbase is an investor in OpenSea.
Globally, work is feverishly underway to make NFTs more accessible. For years, the trend across the digital economy has been to make all technologies inclusive. Blockchain technology in particular is still a big mystery to many. And every single cryptocurrency is its own blockchain. And economies of scale apply again in this technology: including more people in new technologies drives innovation, supports economic growth, and expands opportunities for users and consumers.
Mastercard's entry into the NFT market is intended to increase security in addition to facilitating purchases. Here, it is important to note that it is not the blockchain itself that poses the risk, but mostly intermediate trading platforms between the end customer and the crypo-wallet.
And it is at this point that Mastercard will provide its full expertise in the field of cybersecurity capabilities to ensure that customer data is protected and purchased NFTs are secure.
NFTs are crashing and liquidity is dwindling!
The average price of an NFT has fallen more than 50% since its peak in November 2021 and has been around US$2,500 for the past two weeks. That may also be somewhat understandable. After all, the world currently has other things to do than worry about digital graphics and images.
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Also, curated digital photo projects are regularly turned into NFT and marketed on open digital commerce platforms.
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