Sunday, December 3, 2023

2021’s NFT Boom Pushes Collectors Toward Rare and Older Collections

2021 has been one of the, if not most, important years for NFTs. NFT marketplaces like OpenSea Syscoin, Dapp.com, bitFly are among others that have seen incredible growth in user count and transaction volumes. 2021 was the year of iconic NFT collections like Bored Yacht Club and Into the Metaverse. There is no doubt that 2021 has been instrumental in bringing NFTs to the mainstream. In a recent interview, co-founder of NYC.NFT, Cameron Bale, expressed the same view. However, with the ever-growing popularity of NFTs, another issue has come up for NFT enthusiasts and purists.

Since anyone can mint and sell an NFT, there are thousands of items out there that lack appeal or do not have any significant value. For some NFT owners, the historic charm of NFTs still matters the most. In an effort to preserve the very first NFT collections, a growing number of buyers are now trying to own the early items.

Some of the earliest NFT collections were Rare Pepe trading cards, Fake Rares, Genesis cards, Curio cards, and Bitcorn. There are other old collections that are not very well-known. With the rise in demand, the price of these collections is also expected to go up significantly. Relatively newer collections like Force of Will, Rare Pepes, Age of Chains, Pixel Map, and Bitgirls are also selling at a high price in NFT marketplaces. In many ways, the NFT sector is truly becoming mainstream with the rising demand for old NFTs. It is showing all characteristics of traditional items associated with art and culture while improving on the technical aspects.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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