This is the Development of NFT in Indonesia which is Now a Trend

Allyoucanshared.com, RD – This is the Development of NFT in Indonesia which is Now a Trend. According to Aspakrindo (Association of Indonesian Crypto Asset Traders), the public’s interest in buying and selling works of art through Non-Fungible Tokens (NFT) is getting higher, encouraging an increase in NFT transactions.

Chairman of Aspakrindo & COO of Tokocrypto Teguh Kurniawan Harmanda said that along with using people’s knowledge of benefits and opportunities as a new source of income, NFT transactions continued to increase.

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NFT, in Teguh’s term, will continue to grow, just like investing in crypto assets. Quoting Dappradar, the trend of global NFT sales transactions will reach US$25 billion throughout 2021.

He added that transaction growth was also driven by the exit of the metaverse trend. NFT as the key according to the global dream.

NFT poly is used as a utility in the global metaverse, for example it can be used as a grant when playing games using the play-to-earn concept.

Teguh believes that from a regulatory perspective, it will greatly assist the development of a dynamic NFT. Currently, regulations in Indonesia are still limited in crypto assets.

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“Transactions have also soared, but at this time we disclose the data first,” said Teguh, Monday (17/1/2022).

“It does not cover other blockchain developments such as the NFT market, and others,” said Teguh.

Closing

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