Getgems Optimistic About NFT Adoption Through Telegram Despite Challenging Year
Despite a difficult year for NFTs in 2021, the TON-based marketplace Getgems is optimistic about increased adoption through the Telegram messaging platform. While DappRadar reported a nearly 20% drop in digital collectibles' trading volumes and sales counts, Getgems sees an opportunity through Telegram's user base and tools. The platform is not releasing NFTs for volume or gambling, but rather focusing on utility, such as providing ownership rights for digital identities. Getgems believes the demand and usability of Telegram-based NFTs "has already been proven," and is hopeful that Telegram's new onchain NFTs will gain greater adoption.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will Millions of Pi Network Users Lose their Coins Today?
A major issue that affects many users is the impact of referral circles. In Pi Network, pioneers earn rewards based on their network for referrals.
Grayscale files for XRP ETF with the New York Stock Exchange
Why TradFi firms could turn to bitcoin margin loans: Maple CEO
Maple’s Sid Powell said that TradFi firms have been in contact with the firm about lending and borrowing in crypto
The Daily: ECB President Lagarde rejects bitcoin for Eurozone reserves while the Czech central bank considers it and more
European Central Bank President Christine Lagarde said bitcoin is not an option as a reserve asset for the Eurozone’s central bank reserves, citing liquidity, security and regulatory concerns.Meanwhile, the Czech National Bank approved a proposal from Governor Aleš Michl to assess diversifying some of its country’s reserves into bitcoin.