Getgems Optimistic About NFT Adoption Through Telegram Despite Challenging Year

Despite a difficult year for NFTs in 2021, the TON-based marketplace Getgems is optimistic about increased adoption through the Telegram messaging platform. While DappRadar reported a nearly 20% drop in digital collectibles' trading volumes and sales counts, Getgems sees an opportunity through Telegram's user base and tools. The platform is not releasing NFTs for volume or gambling, but rather focusing on utility, such as providing ownership rights for digital identities. Getgems believes the demand and usability of Telegram-based NFTs "has already been proven," and is hopeful that Telegram's new onchain NFTs will gain greater adoption.