#NFTs are emerging as the first native crypto-economy.

What is a native crypto-economy? People selling their labor and products in exchange for cryptocurrencies, through a #blockchain.

This never happened with #Bitcoin, where people buys and sells with fiat money with the only expectation of an increase in its price.

Half of the #ETH raised in NFT primary sales stays in the space. NFT projects are reinvesting most of the proceeds from primary sales back into their communities.

Technologically, NFTs are a proof of concept for what you can do with smart contracts and decentralization. And its giving birth to the first native crypto economy.

https://nftnow.com/news/half-of-eth-raised-from-primary-nft-sales-stayed-in-the-space-heres-why/