NFT Predictions For 2022
No one was prepared for how non-fungible tokens would emerge in 2021. Over the past year, the NFT space has seen phenomenal growth and is only showing more signs of significant growth.
Following are a few predictions on what 2022 holds for NFTs:
Play-to-earn NFT Games will be acquired
There are several initiatives towards integrating NFTs in video games which we will soon see in 2022. Many giant gaming firms are in a race to enhance the gaming experience for their users. It can be concluded that play-to-earn NFT games have the potential to take over traditional gaming systems.
Corporates are increasingly moving to the metaverse
When a 17-year-old social media platform like Facebook changes its name to Meta, clearly, we shouldn’t doubt its intention to turn to the Metaverse. In no time, a concept rooted in science-fiction will come into reality, with several companies from different domains planning to explore the metaverse.
Growing usefulness of NFTs
Most people think that NFTs are bought only to enjoy the ownership rights that come with it to claim the piece of art as their own. This notion about NFTs is not only wrong but also shows the lack of awareness among the people. Let us understand how NFTs are more than digital artworks before it is too late to catch up with the upcoming NFT trends in 2022.
NFTs will be more innovative
For many collections, the sheer amount of similarities in the market has made it more difficult to attract attention, hence the need for more innovative art and ideas. It sparked thought, it sparked creativity, and above all, it was something new. In 2022, we should expect to see more creative ideas that break away from standard NFTs, which only require you to click on a mint.
Things are going to change
No one could have predicted where the NFT would stand in 12 months’ time. However, now that we are here, and we can look back to see what has changed, and what is expected to happen next, we can definitely say that 2022 will be exciting for NFTs.
Final Thoughts
In 2021, many budding actors came to the fore in the NFT arena and were appreciated for their work. This has only been possible because NFTs continued to grow in popularity and value throughout the years. Keeping this in mind, many famous people have joined the trend by auctioning their autographs, tweets, video clips, and more intangible things online in NFT format. However, integrating them into other applications of NFTs such as video games and the metaverse is still a long way off. Nevertheless, NFTs will continue to drive the crypto space with innovations and initiatives in 2022.
