At ETH Denver’s virtual conference, non-fungible tokens have been in the limelight with seven mainstage presentations devoted to utility, adoption, and novel use cases — a sign of growing acceptance for what was once considered a niche or lesser application of blockchain tech.
While the seven presentations have been dwarfed by decentralized finance’s 14 (not to mention a dedicated four-hour summit), the stage time comes on the back of a remarkable year for NFTs. Sales numbers have routinely pushed past half a million, multiple NFT-backed games enjoyed major advancements in playerbases and governance, and as of late even celebrities have been using the technology to distribute art of sometimes-questionable quality to die-hard fans.
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