Report Shows NFTs Lead Central And South Asia’s Crypto Adoption

Report Shows NFTs Lead Central And South Asia’s Crypto Adoption

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Report Shows NFTs Lead Central And South Asia’s Crypto Adoption

Bitcoinist.com13 days ago
NFTNFT
CapCap
Published on September 22, 2022 23:00 GMT+00:00edited on September 23, 2022 12:31 GMT+00:00

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Crypto adoption has grown significantly in the last two years. It is one of the fastest-growing trends ever experienced in the market, which is expected to continue over time. A look into the growth trend shows some unlikely drivers of this adoption. The NFT space is one that also grew into prominence in the last year, and according to the data, NFTs have contributed substantially to the adoption of crypto in some parts of the globe.

CSAO Embraces Crypto Through NFTs

Central and Southern Asia and Oceania (CSAO) have taken to crypto more in the last few years. However, where other parts of the world are driving their adoption through crypto coins such as Bitcoin, Ethereum, and Dogecoin, this part of the world has seemingly embraced non-fungible tokens (NFTs).

Between June 2021 and June …