It’s the New Year – The only time people pause and look at how things were going on for the year and how they want the coming year to present itself. This reminiscence and resolution moment does not just stand true for people, but also organizations, entities, and industries.
Now, the year 2021 has spilled good, bad, and ‘meh’ moments in the world. While several persons and industries have gone through at least two such moments, there was a particular sector that had a whale of a time – The crypto-industry.
The crypto-space did not just register the year as its brightest ever on the back of one reason, but plenty. Some of the main highlights that led to its boost were Bitcoin’s price rally, the rise of NFTs & DeFi, El Salvador’s Bitcoin adoption, and the vivification of DAOs on the back of ConstitutionDAO.
Interestingly, NFTs have easily outrun the outperformers this year. Non-fungible tokens proved to the world that blockchain technology was truly capable of disrupting all industries and not just finance. This part of the cryptoverse saw artists and collectors flocking to be part of the digital art market. The craze saw millions being transacted between artists, collectors, gamers, and more.
Notably, the rise of crypto cannot just be attributed to the rise in crypto-trends and innovation, but also to the ones that support them and give them a platform. When the NFT marketplace started to gain traction, several crypto-platforms jumped in to create a space that would not only be safe but also user-friendly.
In this matter, Binance – a leading cryptocurrency platform – outperformed several in the market.
Evolve with time
After realizing the impact NFTs could have on the ecosystem, the platform decided to launch a creator-first NFT platform in June 2021 with the intent of maximizing the creator’s value. Since then, the platform has grown to become one of the world’s most popular curated NFT marketplace, truly creating a single door…
