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The Next Blockchain Tech That Will Revolutionize Smart Contracts as We Know Them Today

The Next Blockchain Tech That Will Revolutionize Smart Contracts as We Know Them Today

As more brands enter the NFTs market, different crypto sectors are booming. According to Market Decipher, sports NFTs market size in 2022 is estimated to be $2.6 billion. In 2032 it is forecasted to reach $41.6 billion.

Demand for trading cards and limited education videos (all in NFTs) are surging according to the study. The sports that are in high demand at the time of this writing NFL (popular in Latin America), football, basketball, baseball, cricket and ice hockey.

The NFL is a helmet collection, which is available for minting at the time of this writing at RarityLeague for 0.14 ETH may provide some indication for the current demand.

Aside the sports sector, TicketMaster have recently announced the launch of NFT tickets via Flow. Even organisers can mint NFTs, that may provide the holder with a better experience such as VIP previliges.

source: elliptic

Ethereum-based NFTs are dominating the market at the time of this writing despite the high gas fees. Although the Ethereum

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