Decentralized, Stable Crypto Tokens Broaden Their Appeal to the Digital Artwork Market

‘Alongside the remarkable growth of the DeFi space in 2020, interest in non-fungible tokens (NFTs) surged as artists discovered new ways to express themselves and reach new markets. That enthusiasm should only continue into 2021, as more and more creators discover the benefits of crypto and the blockchain.

Part of this exciting movement is Dai, which continues to become a preferred currency of the NFT digital art and culture market. Stable and composable, decentralized stablecoins are the ideal crypto tokens for the space, as they’re a universal, price-stable currency offering access to the growing Ethereum economy.’

Read full article from MakerDao blog here.

When it comes to providing instruments in order to support our #WomenSupportingWomen project, we see Dai as one of the key players in the DeFi space. It serves as a great way to diversify, helping to hedge the volatility of cryptocurrency. We are glad to accept donations in ETH and Dai, you can visit the dedicated page here.

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NFTs on the news: Mega-whale Pranksy brings collectible highlights to the fore