For the week ending on Christmas, global searches for the term "NFT," which refers to nonfungible tokens, have surpassed "crypto," according to Google Trends. The sharp increase in search traffic for NFTs offers a clear indication that digital collectibles have entered mainstream consciousness, with transactions on OpenSea, the most popular decentralized platform for NFT auctions and drops, surpassing $10 billion.
The huge increase in demand for NFTs is evident across nearly all aspects of society. First, consumer brands such as Nike and Adidas are making their own entry into the realm of metaverse NFTs. Then, celebrities such as Snoop Dog, Grimes, Steve Aoki, Mila Kunis, and Melania Trump are promoting their own NFT collections to the
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