Forget Bitcoin; Why NFTs Are The Next Big Thing In Crypto

Photo by Claudio Schwarz | @purzlbaum on Unsplash

This article is a follow-up to my previous post on the Top 5 new NFT platforms to watch in 2021. Given the positive reactions and comments that the article garnered, I have decided to do a deep dive into each of these 5 platforms starting with Chair.Finance.

The crypto industry kicked into life the moment Satoshi Nakamoto validated the first Bitcoin block, and it created a world of innovation and a sea of change. Now, more than a decade later, cryptocurrencies are the talk of finance, reaching widespread adoption at a hastening rate.

Major financial firms are now either offering or accepting cryptocurrencies, and sub-sectors such as DeFi and NFTs are exploding in both interest and their overall importance to the future of digital goods and services.

NFTs, in particular, are the next big thing in the crypto arena, reaching record-breaking numbers of sales in a flash. The excitement has attracted entertainers, athletes, musicians, and major sports brands. It has been said that NFTs could be the key to blockchain’s mass adoption, but there’s a missing ingredient — until now.

Why NFTs Are The Next Big Thing In Crypto

The founder of Chair.Finance, Adriel, has been involved in the blockchain space for quite sometime now (6 years and counting), as well as being an avid art collector within his personal life. Adriel strongly believes in the transformative impact that NFTs could have on the world and also the potential application of NFTs beyond just art.

With NFTs, a song, a poem, a thought, or even a drawing or novel can be tokenized into a non-duplicatable digital product. Admittance to events and all kinds of other non-physical services with intangible benefits can be tokenized in this way, offering unprecedented utility.

Chair.Finance To Revolutionize NFTs With the First Decentralized NFT Trading Platform

Chair.Finance is about to launch | Photo by @Chair_Finance

The Chair.Finance DEX will bridge the gap between real-world creativity and the digital world, where products, goods, and services can move with the speed of light and offer an unrivalled sense of ownership and authenticity.

Remember in 2020 when Warren Buffett had dinner with some players in the blockchain industry who had won the rights via an auction? The same rights to attend the dinner could be issued through an NFT on the Chair.Finance platform if Warren was to decide to host a similar event in future. That way, everyone would have a fair chance to participate since the platform is decentralized.

The value of the instant transfer of digital rights is only just now beginning to be realized, and it is already generating significant revenues from those involved in the space. When Chair.Finance unlocks the full potential and utility of anything that’s tokenizable; NFT mass adoption will truly be here.

Chair.Finance also seeks to help enforce property rights to encourage more creative users to join in the digital NFT revolution taking place. This will also allow prices to achieve a more natural market equilibrium through a sustainable supply of solid ideas.

Cryptocurrencies have disrupted finance, and NFTs are disrupting crypto. Chair.Finance next will disrupt NFTs as we know it, bringing about a wide variety of Utility NFTs and a new generation of digital ownership.

To learn more about Chair.Finance, join the community on Telegram and Youtube.