NFT predictions for 2024: Trends and challenges coming next year

Cointelegraph spoke with Web3 professionals to see what trends and challenges they predict the NFT space could face in 2024.

As 2023 closes its curtains, nonfungible tokens (NFTs) continue to be a big part of the Web3 space. Community members are looking to 2024 with bullish eyes, believing the future has a lot in store for the asset class. 

From NFT gaming taking off to continued regulatory uncertainty, Cointelegraph spoke with various Web3 professionals, who shared their perspectives and predictions on which trends may continue into 2024, as well as what challenges NFTs may face in the year ahead.

Professionals working in Web3 predict further development in the connection between digital and physical assets in 2024. The NFT space is set to play a part in this intersection, according to John Crain, co-founder and CEO of SuperRare Labs — the entity behind NFT marketplace SuperRare. 

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Source: https://cointelegraph.com/news/nft-predictions-2024-web3-professionals-trends-and-challenges