NFTs: What’s in Store for 2022? | Morgan Lewis – JDSupra – JD Supra

2021 was a banner year for non-fungible token sales, which are projected to climb even higher in 2022. Selected by Collins English Dictionary as the 2021 Word of the Year, non-fungible tokens (NFTs) are unique blockchain-based digital assets that are associated with images, artwork, videos, games, or other creative content. Although NFTs have been gaining steam in the arts and sports industries, they are expected to expand into a broad set of industries this year. The gradual adoption of a crypto economy and broader acceptance of virtual ownership means tech entrepreneurs and investors alike are increasingly turning toward digital assets in preparation for a future in the metaverse.

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