Market - State of Art

The global Non-fungible Token (NFT) market size reached USD 50.10 Billion in 2021 and is expected to register a revenue CAGR of 10.7% during the forecast period. Increasing demand for digital artworks is a key factor expected to drive market revenue growth over the forecast period. Digital art is defined as art that is created or displayed utilizing digital technology. Rising awareness of and demand for digital artworks are some key factors expected to drive global non-fungible token market revenue growth in the near future.

On the other hand, there is a significant lack of token connected to cultural and artistic heritage: considering the inestimable value of the artworks stored in museums and other institutions, there is a completely unexpressed potential value to use. Masterpieces of greatest artists of the history could become the target of traditional and digital collectors.

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