Considered a convenient method of buying and selling digital art is one of the reasons for the NFT boom. Coupled with the rise of several works of art that are sold at fantastic prices and in very limited quantities, NFTs are increasingly being discussed in various circles of society.

Before discussing what made NFT popular and the future of NFT. It would be nice to know the popularity of NFT first. Come on, see the complete information here!

NFT Popularity in 2021

According to data collected by The Block in March 2021, search volume for 'NFT' on Google hit an all-time high as the number of users of the platform approached 400K. Last May, NFT took the world by storm again. A work of digital pixel art sells for 1.7 million USD, if converted to rupiah the amount is approximately 25 billion.

The digital pixel is named “The Pixel”. The artwork consists of only one square digital pixel. Pixel itself is known as the smallest unit in digital images. This artwork of The Pixel is the work of "Pak" with the Twitter username @muratpak.

Eric Young, as the buyer of the artwork who is also a collector of NFT art. Buying “Pak”'s artwork to indicate how he wants to be remembered.

What's Causing NFTs to Become More and More Popular

Previously, NFT had triumphed through Crypto Kitties in 2017. However, 2021 is the new beginning of NFT which will become a big business sector. In 2018 the NFT value reached US $ 40.96 million, then it became US $ 338.04 million in 2020.