The newly launched report looks into blockchain platforms that can develop NFTs, as it is timely. The experts behind the Flow Crypto Space report state that NFTs have gone mainstream in 2021, with the market growing 17,954% to date. This trend is likely to continue as the digital artwork created and sold as NFTs offers artists a level of security that traditional mediums cannot.
More information is available at https://flowcryptospace.com/
Several platforms are leading the way with the development of NFTs. For instance, the newly launched report highlights WAX Blockchain, which is known in the industry for its sustainable and eco-friendly approach to blockchain.
WAX Blockchain is more efficient than Ethereum and enables users to create and trade NFTs. The platform offers a Cloud Wallet, decentralized applications (dApps), and the integration of NFTs and decentralized finance (DeFi).
Another platform featured in the new report is Flow. The advanced blockchain platform was developed by Dapper Labs and features built-in support to expedite the NFT development process. The experienced team behind Flow has gained success because of the platform and their CryptoKitties game, which is available on Ethereum.
Matic was developed to overcome the limitations of Ethereum. The report states that Matic is a layer-2 trustworthy network, which is helpful when users are increasingly concerned about security and protecting their digital assets. It is favored by users and developers alike as it is secure, compatible with Ethereum, has cross-chain capabilities, and is user friendly.
NFTs have grown in popularity over the course of the year, in part because individuals are interested in alternative investments that will keep their value because of global economic uncertainty, and because NFTs have been endorsed by celebrities, musicians, artists, and professional athletes. The major advantage of buying an NFT is the fact it is unique and cannot be forged or copied, which means it will keep its value.
A company spokesperson said: “The time is ripe for entrepreneurs to invest in developing NFTs and releasing them into the market. Make sure to choose a development platform that values privacy, security, and speed.”
“Join the global community and become a part of the NFT revolution,” they added.
To find out more, interested parties are encouraged to visit this link: https://flowcryptospace.com/flow-vs-wax-vs-matic-vs-others-compare-blockchain-to-develop-nfts/
For more about the Ethereum Vs Flow comparison for gas fees go to https://flowcryptospace.com/ethereum-vs-flow-gas-fees-which-is-better-platform/
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