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For the first time, ‘NFT’ has surpassed ‘crypto’ in global search attention

According to Google Trends, global searches for the term “NFT,” which refers to nonfungible tokens, have topped “crypto” for the week ending on Christmas. With transactions on OpenSea, the most popular decentralized platform for NFT auctions and drops, topping $10 billion, the significant spike in search traffic is convincing evidence that digital collectibles have entered general consciousness.

The massive surge in demand is visible in practically every facet of society. To begin, consumer brands such as Nike and Adidas are foraying into the metaverse NFT space. Then there are celebrities like Snoop Dogg, Grimes, Steve Aoki, Mila Kunis, and Melania Trump. Of course, who promote their own collections to the general public. Finally, NFT games like Axie Infinity and Sorare allow players to learn about crypto. Also, and NFTs while also earning a small amount of money as a side hustle.

Finally, NFT games like Axie Infinity and Sorare allow users to learn about crypto while playing video games. Also, as well as earn a little bit of money as a side hustle.

Furthermore, proceeds from NFT auctions could be donated to organizations or charities. Such as the construction of a school for Ugandan children. Crypto holders can not only purchase beautiful art. But they can also deduct their gifts from their conventional income. In order, to save money on taxes in the United States, making it a win-win situation for everyone. Finally, NFTs allow artists all over the world to showcase their work without the necessity for actual shows. Mongol NFT, for example, is a blockchain project. It tells stories about nomadic horse riders and the history of the steppes.

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.