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The outbreak of COVID-19, adopted by the lockdown, has pressured museums and galleries to shut. Because of this, the gross sales of physical art have dropped dramatically. Token-based mostly art sales, vise versa, have taken off, hitting $8.2 million in December 2020. By comparison, in November 2020, the corresponding determine was $2.6 million.

Reddit isn’t the primary platform to experiment with bringing digital collectibles to its customers. Meta has begun to test NFT help on Facebook and Instagram, and site (https://vc.ru/s/1311917-uniton-ton-toncoin-koshelek/512191-uniton-kriptovalyutnyy-web3-koshelek-ton-dlya-brauzera) Twitter launched NFT profile photos earlier this 12 months. YouTube executives have additionally expressed curiosity within the technology. Even Reddit itself briefly experimented with an NFTs-as-profile-images characteristic earlier this 12 months.

Another great possibility is Uphold. If you’re investing in crypto for the lengthy-time period, Uphold provides useful companies that can assist you passively develop your portfolio. The platform has token staking which allows you to earn interest on the cryptocurrency held in your Uphold account. It gives higher interest charges than most different platforms.