September 24, 2020, 3:55PM EDT
• 14 min read
Mapping out the non-fungible token (NFT) ecosystem
- Non-fungible tokens (NFTs) are tokenized, blockchain-based provably scarce, non-divisible collectible items
- Advocates of NFTs believe that this technology can disrupt the gaming industry, create new markets for in-game items, digital art/collectibles, and even revolutionize markets for physical items sold by creators to capture their products’ resale value
- In total, the NFT ecosystem has amassed at least 73 startups, games, collectibles, and protocols across 9 verticals, which The Block has mapped out.