In 2015, the concept of nonfungible tokens was created. It gained more traction when several prominent digital collectibles such CryptoPunks and EtherRock were made.

NFTs got early traction among premier sports clubs but burst into mainstream popularity after digital artist Beeple’s artwork was sold as an NFT available for more than $69 millions. Beeple caught the eye of the entire world, and was a major movement in the NFT ecosystem.