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jidasounish
@jidasounish
Art projects may be the key area for the next boom of the NFT market. With the rise of the younger generation of collectors, contemporary art and digital art (NFT) are booming. The Chinese art market has regained the global first - place, and the asset scale of art collections is expected to exceed 50 trillion, with an average annual growth rate of 13.7%. Policy support, such as the implementation of China's new "Cultural Relics Law" and the government's encouragement of financial capital to enter the art market, also provides a good environment for the development of NFT art projects. For investors, NFT art projects, supported by policies and market demand, have broad investment prospects, especially those works with innovative concepts and environmental protection themes.
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