Japanese NFT Market Projects 53% Growth Despite Crypto Winter
A recent study has revealed that, despite the chaos, fear, and uncertainty engulfing the cryptocurrency market since May, the Japanese NFT market has maintained its growth, projecting a $1.36 billion valuation by the end of the year.
Despite bearish sentiments and existing contagions like FTX, the Japanese NFT market continues to showcase steady growth, projecting an annual growth rate of 38.7% until 2028.
Does our community include people who live in Japan? Are there many there who are interested in cryptocurrency in general? Maybe because few Japanese are interested in nft, the market in this country and in this area does not go down because only people who know about it all are involved?
And does the development of nft in japan affect the fact that there must be quite a few artists in the country, since there are so many people who want to become mangaka?