Crypto Art and NFT Scene Primed to Surge in 2021

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Non-fungible tokens (NFTs) are growing in popularity and the trend is not looking like it will be slowing down in 2021. New sales records are continuously being made and broken.

Essentially, non-fungible tokens, or NFTs, are uniquely distinguishable digital assets — which means no two are the same. They are usually issued on the Ethereum ERC-721 standard which creates verifiable digital scarcity.

Unlike digital media files that can be copied, NFTs allow content creators to produce unique works that are now becoming rare collectibles. The prices being paid for some are certainly reflecting the skyrocketing demand.

Source and continuation of the article: https://beincrypto.com/crypto-art-and-nft-scene-primed-to-surge-in-2021/