The demand for NFTs- an encouragement to create meme-based NFT Marketplace
The NFT industry is expanding rapidly nowadays and several NFTs are being introduced in the market. Different types of NFT collections have already been launched in the industry and are ruling the NFT community’s minds. Meme-based NFTs are one of the most popularly traded NFT collections. Being a sensation on social media platforms, they have become a potential investment option. Most of the famous memes have been converted to NFTs and the NFT community is willing to pay millions for them. Sky-scraping sales have already been encountered in the NFT sphere where some meme-based digital tokens were auctioned at millions of dollars. Memes are just sarcastic images, videos, or GIFs, yet they attract the immense attention of individuals. Many businessmen use memes while promoting their products or services. Undoubtedly, this entertaining factor of memes has the potential to engage the audience easily. Thus, it becomes easy for a business to convey its message or grab the attentio...