At the recent Ethereum ETH -1.20% Down Under event at Australian Blockchain Week, Immutable co-founder Robbie Ferguson stated that NFT trading volume in the first quarter of 2022 has reached $26 billion, a number that exceeds the sum of NFT trading volume for the entire 2021, illustrating this Emerging fields are attracting investment from around the world.
Robbie Ferguson predicts that $50 billion will be invested in the encryption industry in the next five years, which will also attract a large number of talents to the Web3.0 market.
Kain Warwick, co-founder of Synthetix, said at the event that despite several market crashes, the overall market is still on the rise, and the crypto industry is becoming more immune.