Why it’s easier to spend cryptocurrency than regular money

Psychological aspects behind the growing NFT sales volume

The non-fungible tokens (NFTs) market is becoming increasingly mainstream and doing mind-boggling numbers such as Beeple’s $69 million auction with Christies, Pak’s $17 million auction with Sotheby’s, or even a pet rock selling for ~$2.8 million. The list continues to grow and in late August, trade volumes totalled over $1 billion.