We saw the emergence of the Twitter profile picture flex, where new NFT owners would flex their purchase of a piece from collections like Bored Ape Yacht Club, Cryptopunks, and AfroDroids, driving FOMO and a flurry of interest and new money into the NFT space. Unlike Bitcoin (BTC) and Ether (ETH), where each token is mutually interchangeable, each NFT is a unique digital asset representing ownership of a digital item stored on the blockchain.Ģ021 saw a Cambrian explosion of NFT projects as both crypto enthusiasts and artists - musicians, illustrators, and filmmakers - created NFTs to share their work with the world in an innovative way and created communities around NFT projects. But the front-runner for biggest winner in crypto for 2021 belongs to one idea: NFTs. Some of the highlights include: the Bitcoin price reaching an all-time high, the first-ever Bitcoin ETF on the New York Stock Exchange, a thriving DeFi ecosystem, crypto on the balance sheets of companies like Tesla, support for cryptocurrency tips on Twitter, and maybe even WorldCoin's retina-scanning orb. And the Time Travel Tigers NFT Collection!Ģ021 has been a big year for crypto so far. Introducing the Timescale NFT Starter Kit, a step-by-step guide to get up and running with collecting, storing, analyzing, and visualizing NFT data from OpenSea.
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