‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried

Cointelegraph

Published Apr 22, 2022 12:30PM ET

Updated Apr 24, 2022 02:40PM ET

Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities for a panoply of industries.

Despite a retracement in financial and emotional fortunes in the opening quarter of 2022, expectations within the NFT community are reigniting for the impending schedule of calendar events such as the launch of Coinbase’s public NFT platform, and the potential for OpenSea and MetaMask tokens.

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