Active Health Foods Inc (AHFD)

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$AHFD The NFT sector is projected to move around $800 billion over next 2 years:

https://blockchainstox.com/the-nft-sector-is-projected-to-move-around-800-billion-over-next-2-years-report/

The metaverse sector is projected to move around $800 billion over the next 2 years, and gaming appears to be the most likely entry point into the NFTs market,” the report highlighted.


“Our respondents have indicated that “flip & earn” was the primary motivation behind their NFT purchases, though 2/3 of respondents indicated that NFTs only made up <25% of their overall crypto portfolio. When asked what would incentivize them to hodl NFTs instead of flipping, more than half indicated that “having current / future utility” would be a primary factor in choosing to hodl.” Bobby Ong, CoinGecko’s Co-Founder and COO, told Cointelegraph.

Although data from TeleGeography stated that there were already more than 7.1 billion active mobile devices worldwide, the PC remains the preferred choice for NFT trading and minting, with 60% of investors doing so. Mobile lags behind with a mere 21% of responses. “This can be attributed to the ease of using a PC to navigate time-sensitive NFT mints/trades,” the report highlighted.

When it comes to tracking new or upcoming NFT projects, 60% of respondents said they prefer to use Discord and Twitter. The minimum price also appeared to be important for the perception of value. The report revealed that when it comes to evaluating NFTs before buying, the majority of respondents (38.5%) were interested in the floor price and only 23% and 21.8% selected “strong community” and “artistic value/attachment” respectively.

On the other hand, most market investors said they were not interested in selling their NFTs. More than 50% of respondents highlighted that they have a HODL mentality and see a future where non-fungible tokens could be important items in games. Even with all the hype, NFTs only make up a small part of most cryptocurrency portfolios, with 70% of respondents reporting that they only represent 0-25% of their cryptocurrency portfolios.