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Data suggests mass adoption of NFTs is still a long way off

Data suggests mass adoption of NFTs is still a long way off
Non-fungible tokens (NFTs) are tokenized, blockchain-based provably scarce, non-divisible collectible items. The first well-received game utilizing NFTs, CryptoKitties, boomed in popularity at the end of 2017. At its (short-lived) peak, CryptoKitties consumed around 15% of Ethereum and drove the median transaction fees to upwards of $3 — more than 20 times the current median fee.

Source: DappRadar
In March 2018, while already experiencing a massive decline in interest (see chart above), CryptoKitties raised $12 million from Andreessen Horowitz, Union Square Ventures and others. Following the raise, Fred Wilson, the co-founder of Union Square Ventures, said : “We think digital collectibles, and all of the games they enable, will be one of the, if not the first, big consumer use cases for blockchain technologies.”
The nature of permissionless blockchains allows NFTs users to actually own the digital assets as opposed to them being owned by the company that created them.
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