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Seeking Alpha 2021-09-06 13:51:00

Ethereum Futures React To NFT 'Jpeg Economy'

The "jpeg economy" is now the size of small countries (well, Jordan & Turkmenistan), as #1 NFT platform OpenSea is reporting $3.55B in marketplace sales over the last 30 days.The velocity of digital assets has always been much higher than in traditional finance.As Ethereum fully transitions to proof-of-stake in 2022, an increasing proportion of ETH market participants may feel that friction.

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