The global NFT market relies on designers to support artists, Web3 platforms and marketplaces, and major global brands. Toptal designer Gabor Molnar offers insights from his experience breaking into this emerging field. By Gabor Molnar @toptal.com.
In 2021, non-fungible token sales surged to more than $17 billion. The opportunities created by this rapidly growing sector aren’t only for artists and collectors: The market for NFTs also opens new doors for UX and UI designers.
The main parts of the article:
- A brief introduction to NFTs
- Major players in the NFT world
- NFT opportunities for designers
- Design challenges
- The novelty of cryptocurrency use
- Transaction processing time
- Gas fees
- Security
NFTs have a great deal of cachet due to novelty and media attention, not to mention the sheer amount of money focused on their creation and sale. Even though NFT sales experience volatility, the pioneer technology won’t go away anytime soon. As a vital part of Web3, the next evolution of the internet, NFTs will likely play a significant role in the future metaverse and yield numerous use cases that have yet to be discovered. Nice one!
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