New Perspectives for Creators and Collectors: How Stars.Art is Changing the Global NFT Arena
DUBAI, UAE, Aug 24, 2022 - (ACN Newswire via SEAPRWire.com) - Nonfungible token (NFT) sales topped $4.4 billion in January and have noticeably decreased in the following months. The May market crash accelerated the decline and caused sales to plunge to $1 billion by June - a 65% drop from January. Ostensibly, the revenue earned by NFT holders is at frustratingly low levels, which through restrictions, market manipulation, and flat-out security vulnerabilities of centralized platforms, can only go as far as exacerbate.Despite all this, some key data indicate that it isn't as apocalyptic as how others made it sound. Despite recent turbulences in the overall market environment, long term perspectives look promising: The global NFT market size is expected to reach $130 billion in 2030, registering a revenue CAGR of 10.7%, according to Emergen Research.Boosting the NFT economy's revenueAiming to make earning revenue more favorable for NFT holders Stars.Art NFT Marketplace has introduced a number of exciting features: One is by offering low to zero trading commissions. Sellers only pay a maximum commission of 0.75% per transaction, while buyers don't pay fees at all. This starkly contras...
