Data continues to suggest NFT adoption is still very niche, but recent entrants highlight why there's excitement

Quick Take

  • Data continues to suggest mass adoption of NFTs is still a long way off, but new entrants highlight why there’s budding excitement
After the initial success of CryptoKitties at the end of 2017, which saw the collectible non-fungible token (NFT) produce more than 6000 daily average users, NFTs were lauded as the first mainstream consumer use case for blockchain. Yet, by mid-2018 CryptoKitties unique address count dropped by more than 95%, and the next generation of NFT […]

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