With the second half of 2022 upon us and the world adapting to a new post-COVID landscape, some companies have reacted faster than others to the ‘new norm.’
Gone are the days of everyone working in offices. COVID and the subsequent lockdowns inspired a global rethink and even a ‘Great Resignation. According to the U.S. Bureau of Labor Statistics, In 2021, more than 47 million Americans voluntarily quit their jobs. This unprecedented mass exit from the workforce is now widely regarded as the Great Resignation.
Meanwhile, the number of self-employed people in the US has been increasing, hitting a record high of 10.3 million in July 2021.
The NFT marketplace was worth $41 billion in 2021. According to SkyQuest Technology, the Global Non-Fungible Tokens (NFTs) Market is expected to reach $122.43 Billion by 2028, with a CAGR of 34.10 % during the forecast period of 2022 – 2028. Others have predicted even more growth. In a report issued by Grand View Research, a multinational market insights company, they predict the NFT market will grow at a compound annual growth rate of 33.9% from 2022 to 2030, hitting $200 billion by 2030.
Meanwhile, in the DEX sphere, trading volumes globally have been increasing since December 2020 and last year in 2021, trading volume on DEXes reached approximately $1.1 trillion.
The ease with which someone, anyone with a phone and an internet connection, can create an NFT or trade on a DEX, has both matched the zeitgeist of the times and helped fuel the great reset in working habits.
