NFTs (non-fungible tokens) began to gain mainstream attention and popularity around 2017 and 2018. This was due to the emergence of Ethereum blockchain and the development of smart contracts that made it possible to mint NFTs with unique attributes, automate the process of buying, selling and transferring ownership of NFTs and create various marketplaces and platforms that specialized in NFTs.
Additionally, the increasing adoption of NFTs by artists, musicians, and other creators, as well as the growing interest in digital art and collectibles, also helped to drive the popularity of NFTs. As more and more creators began to mint their own NFTs, and more marketplaces and platforms began to list NFTs for sale, the market for NFTs began to grow.
Moreover, the pandemic of 2020 and the subsequent shift towards online activities and digital experiences also helped to drive the popularity of NFTs as people started to explore new ways to engage with digital content and creators.
It’s worth noting that the NFT market is relatively new and constantly evolving. The technology, the use cases, the marketplaces, and the market conditions are subject to change, and it’s important to keep an eye on the latest developments in the field.
