Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Blockchain Prepares New Memecoin 'Pepper'

Although NFTs might have less trading volume currently, at the peak of the bull market, they became the next big thing in the digital assets sector as celebrities and big brands embraced the idea of unique digital assets that are verified using blockchain. At the time, the idea of having distinct and irreplaceable assets gained prominence within various communities, including digital art, music, videos and gambling.