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NFTs exploded on the crypto scene in a relatively short time. According to Reuters, NFT sales for 2021 hit $25 billion. Furthermore, some projections see that figure growing to $147 billion by 2026. Even more impressive is the relatively small number of committed purchasers that drove so much volume. The sector certainly has its share of diehard fans, and NFTs have evolved since their inception. Even though many people dismissed them as a fad early on, NFTs have proven staying power.
