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NFTs enter the practical era

Posted: Sun Apr 06, 2025 4:10 am
by sumaia45
Total value locked (TVL) on DeFi platforms has surged back to more than $110 billion in Q1 2025, compared to $54 billion at the start of 2024, according to DefiLlama.

However, risks remain. Hacks and attacks continue to highlight the critical need for robust security measures across the sector. In the first two months of 2025, over $650 million worth of digital assets were lost due to smart contract vulnerabilities and phishing scams.

The days of hype are over, and NFTs are evolving into useful tools mobile phone number data updated 2025 in the real world, whether it’s gaming, metaverse projects, or brand engagement.

Pudgy Penguins is one such company that has launched its own token called $PENGU and integrated with Shopify to enable trading via the token, marking a significant step towards the convergence of digital identity and e-commerce.

NFTs are currently being used as event tickets, membership passes, and personal identity badges, and these use cases are expected to expand by 2025.

While the NFT market hasn’t hit its peak in 2021, it still generated over $4.2 billion in sales volume in Q1 2025 alone, according to DappRadar.

Crypto-AI Fusion
The integration of blockchain and AI is accelerating. AI-powered trading bots and decentralized AI marketplaces are now commonplace.

Projects like SingularityNET, Fetch.ai, and Ocean Protocol are collaborating to pool their tokens and create a more inclusive decentralized AI network.

As of 2025, AI-related crypto tokens have a total market capitalization of over $18 billion, reflecting growing investor interest in this hybrid sector.

But AI isn’t always good, it’s also being used in phishing and fraud scams. In 2025, strong security awareness will be more important than ever.