Rise of Non-Fungible Token Market (NFT Market) Says MR Accuracy Reports, UK.

According to MR Accuracy Reports noted a growth of 338% in NFT transactions during the first half of 2021, and third quarter of 2021. The growing Non-Fungible Token market size, due to growing number of transactions in the NFT marketplace remains the defining trend of growth. Growing entry of major players including Microsoft, Home Depot, Tesla, Whole Foods, Starbucks, and increasing appeal of tokenization through crypto currencies remain a key driver of growth.

NFTs have also garnered interest in copyright laws for works that have won the Nobel Prize. For example, at UC Berkeley, two Nobel Prize winning patents for cancer immunotherapy, and CRISPR-Cas9 were disclosed in May 2021 to potential buyers with keen interest in cancer research. The NFTs fetched a record price of nearly CAN 55,000, promising breakthrough of new commercial application of NFTs.

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Top Key players are:

Larva Labs
NBA Top Shot
Decentraland
Dapper Labs
SuperRare
Cloudflare, Inc.
Dolphin Entertainment, Inc.
Takung Art Co., Ltd.
Funko
PLBY Group, Inc.
YellowHeart
Rarible
OpenSea
Nifty Gateway
MakersPlace
Global Non-Fungible Token Market (NFT) Segmentation:

By Type:

Art
Collections
Game
Insurance
Real Estate
Automobile
Others
By Application:

Personal Use
Commercial Use

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MR Accuracy Reports, UK
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+44 7418413666 / +91 7350728100
sales@mraccuracyreports.com

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This release was published on openPR.