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Sector Overview

NFTs have improved tremendously from the first establishment of "quantum" on the blockchain in 2014.
Investors now have access to the optimal confluence of cryptocurrencies, traditional assets, and digital ownership as a result of the market's rapid expansion.
As of May 2022, over a million cryptocurrency users had acquired or sold NFTs, and the industry is expected to grow from USD 3 billion in 2022 to USD 13.6 billion by 2027.
Industry Market Size
DAOs are community-owned companies that do not have centralized leadership in place of typical corporate hierarchies. Despite their youth, they are gaining traction and will eventually complement Web3's goal of delivering network value to users.
The DAOs are blockchain-powered, community-led, digitally native organizations in which members vote on their mission and goals.
A DAO utility can help Web3's goal of democratizing the creator economy by fostering more direct and transparent partnerships between communities and specific projects, which will appeal to both crypto enthusiasts and natives.
DAOs are challenging traditional institutions with more adaptive and adjustable governance models as a result of technology than the universal rights granted to a large firm's shareholders.