Survey: There Is 'Significant Room' for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People
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Survey: There Is 'Significant Room' for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People

THELOGICALINDIAN - A analysis about nonfungible badge NFT trends on crypto users appear that 47 of correspondents had heard of NFT and amid these 63 of them had alone a basal compassionate about it while 57 of them had never acclimated them

Survey Reveals Common User Has Just a Basic Understanding of NFT Market

According to a analysis conducted by crypto barter Crypto.com, analysis 29,574 of its users, collectibles (47%) and gaming (33%) are the best frequently acclimated NFT types.

Nearly bisected of the respondents, agnate to 49%, approved banking accretion by advance in NFT, said the study. In contrast, the best accepted exchange amid the respondents is OpenSea, as 54% of the surveyed bodies appear it.

But the absorption in respondents is not bound to NFTs, as the analysis showed that a majority of them (74) accepted to accepting acclimated decentralized accounts (defi) products. Moreover, the abstraction acicular out that best of the respondents agreed that NFTs “are the abutting trending affair afterwards DeFi,” and that NFTs “are a advantageous innovation.”

Speaking with news.Bitcoin.com, Eric Anziani, COO of Crypto.com, commented on the motivations abaft the research:

There Is ‘Significant Room’ for the NFT Market to Grow

Anziani said that their analysis involving about 30,000 users reveals that admitting about bisected hadn’t heard of NFTs, and additionally indicates “significant allowance for the bazaar to abound in 2024 as bodies activate to see NFTs’ abeyant amount and utility.”

On added abstracts appear by the survey, 48% of respondents adumbrated that real-world non-fungible assets tokenization would be the “most benign aspect for NFT.” Also, 61% of respondents aloft apropos on the “newness of the technology” who had heard of NFT, said the research.

In the latest NFT mural developments, an artisan who calls himself ‘Beeple’ raised $3.5 actor during his latest non-fungible badge art accumulating auction.

What are your thoughts on the survey’s findings? Let us apperceive in the comments area below.

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