What is the hype?
In 2011, Nyan cat (an animated gif), was sold for over $500k. It is currently priced at $1,256,034. It’s not just art, the very first tweet made by Jack Dorsey is currently priced at around 3 million dollars. Given the worth and the scale at which the market size of NFT is increasing, we need a scalable and resilient blockchain fabric to meet these demands.