Getgems Optimistic About NFT Revival Through Telegram Integration
Non-fungible tokens (NFTs) have struggled recently, with a significant decline in sales and trading volume noted by DappRadar. In 2024, NFTs experienced their worst performance in four years, leading to the shutdown of platforms like MakersPlace.
Getgems' Optimism Linked to Telegram
Despite market challenges, Getgems remains optimistic about NFTs, citing potential revival in 2025 fueled by Telegram's user base of nearly one billion. The company focuses on practical utility rather than speculative trading.
- Telegram's features include Usernames and Anonymous Numbers, generating approximately $480 million in trading volume.
- In October 2024, Telegram introduced Gifts, which are set to be convertible into NFTs.
- The recent integration of Gifts into the TON blockchain has already seen pre-mint trading volumes reach $1 million and a market capitalization of $10 million.
Getgems believes these developments indicate strong potential for Telegram-based NFTs, positioning them as key players in a possible NFT resurgence in 2025.