With the mass commercialization of NFTs, two industry battlegrounds are looming
as collections like “Bored Ape Yacht Club” saw celebrities such as Stephen Curry and Jimmy Fallon purchasing unique jpegs of disinterested-looking simians in boatwear.
It should be noted that monthly NFT sales peaked in August 2021, with $4.5 billion collected that month. The amount has fallen each month since but has remained above $2 billion, something unimaginable in early 2021, when monthly sales averaged $279 million between January and June.With sales booming across platforms, more companies have created their own blockchains.
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