As 2022 enters its second month, it is important to note that NFTs are perhaps more relevant now than ever before. Having experienced an explosion in popularity in 2021, it would appear as if this year will witness all sorts of new NFT-oriented projects emerge with emphasis being given to those also involved with both the metaverse, crypto and P2E (play to earn) concepts.
A new era
One of the most critical aspects to understand nowadays is the need for so many individuals all over the world to not only secure multiple sources of income, but to also become increasingly involved with new digital initiatives, among which the metaverse ranks among the top. Of course, there are several such projects that already exist including but not limited to Axie Infinity and The Sandbox, and even social media giants such as Facebook, Instagram and Twitter have also grown to become more accepting of the metaverse and NFTs.
With that being said, projects which utilize these new technologies and digital innovations may be plentiful, but it is still worth knowing which ones are worth investing in and doing your research beforehand. Katana Inu, for instance, is a game built around P2E, NFTs and the metaverse which also offers both an upcoming NFT sales event and marketplace. These functionalities are important as they ensure that users can have a seamless and more importantly profitable experience.
What does the future hold?
It is difficult to say which exact direction NFTs, the metaverse and the cryptocurrency industry as a whole will head toward in 2022. The aforementioned projects like Axie Infinity, The Sandbox and Katana Inu all have their own respective tokens (AXS, SAND and KATA) but with the infamous volatility and unpredictability of the crypto market, it can be hard to know what the long-term prices of such coins will be.
Conclusion
Still, the future looks bright as global interest in non-fungible tokens, crypto, blockchain, the metaverse and P2E is extremely high even today. Perhaps this is due partly because of the ongoing global pandemic which has since changed our lives in various unexpected ways, but one thing is for sure and that is that projects such as Katana Inu continue to be highly relevant not just because of their potential and success, but also their longevity and the ability to effectively combine different fields pertaining to GameFi, DeFi, NFTs, blockchain, crypto and the metaverse. Establishing key partnerships is also a great way to ensure investment and consumer interest for the long run.