RAY / TetherUS

RAYUSDT CHART ANALYSİS - EDUCATİONAL POST

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How NFT Technology Developed

NFT technology was created in 2017 based on Ethereum smart contracts. Since then, we have witnessed many successful NFT projects and deals. Stories like these perfectly describe the current and future possibilities of the technology.

The development of blockchain technology and the emergence of NFT services coincided with other processes in society and the economy. Many new players appeared in the stock markets, including non-professional traders and amateur investors.

The democratization of financial markets coincided with the pandemic: being in self-isolation, alone with their devices, many people began to pay attention to new financial instruments.

The information that arose around them also played a specific role in the “revival” of NFTs. The big names in the news headlines supporting NFTs couldn’t help but draw attention to them. That is one of the reasons why the success of the technology was inevitable.

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