Four years after their first public appearance, NFTs are now a mainstream market. Let's take a closer look at this market.
$ 41 million in 2018, $ 340 million in 2020 and, according to the latest Cointelegraph study, 2021 is expected to end with a total of $ 17,7 billion.
Absolutely insane growth that seems unstoppable!
WETHIOX: a gold weight auction
Based in Zurich, Dubai and Marrakech, the WETHIO PROJECT team, an ecosystem that already hosts several innovative achievements, is aware of the interest that NFTs represent. Specializing in tangible NFTs (real objects, not digital), Wethio Project has created a collection called WETHIO GOLD BITCOIN, consisting of 501 coins numbered from 0 to 500. The coins are made of 24 karat gold, weigh 31 grams (1 ounce ) and sell for $ 3.620 each.
Through their exchange platform WETHIOX, the first gold Bitcoin, with the number 0, recently went on sale for a starting price of $ 4.000. This auction will end on January 7, 2022 with the undisguised ambition of exceeding $ 20.000. Such a result would not only create a nice surplus on the value of the currency, but it would also create some interest around tangible NFTs. WETHIOX is the only platform in the history of NFTs to auction a real gold coin. This is a world first in the field of NFT.
A promising market
Other auctions are already planned, starting with the one for the Viking glass bead, dating back to the 10th century!
A unique piece that will be auctioned on the market NFT WETHIOX.
We are experiencing the "uberization" of auction houses with these new types of NFT that will surely revolutionize the art market!
To conclude, it is obvious that we will have to closely follow this promising market, which would constitute the democratization of access to art. In the same way that cryptocurrencies themselves represent a process of democratization in terms of creating value as well as their conservation and transmission.
