Are major companies still interested in NFT trading?

1. Major Companies Affirm Their Commitment to NFTs Although NFT trading is dramatically down from its high in January 2022, several major companies still see potential in the market and have recently announced new NFT strategies. To start, Amazon is in the process of launching its own NFT marketplace: Amazon Digital Marketplace.

How did the cryptopunk sale impact the NFT market?

The record-breaking CryptoPunk sale, Herbert W. Franke’s Zentrum collection, and the Jack Butcher Trademark collection exemplified the allure and challenges of the NFT market, such as market volatility and concerns about wash trading.

Are NFTS about to make a roaring comeback in 2024?

As market experts predict a bullish 2024, pundits believe NFTs are about to make a roaring comeback. This article explores what NFT enthusiasts can expect in 2024. NFTs are digital assets that are methodically recorded on a blockchain.