myNFT Set To Make NFTs Available To All With Recent $7 Million Series A Funding
A report by Research and Markets projected that the NFT (non-fungible token) market will hit an estimated $211.7 billion at a compound annual growth rate (CAGR) of 33.9% from 2022 to 2030. The rising market value of NFTs is driving the influx of projects to the NFT space. Nevertheless, there are currently numerous barriers in the NFT market, such as high gas fees, confusing user experiences, etc. and therefore exclude many from the technology.