45.17% Believe Non-Fungible Tokens To Be Secure and Good Investments

Non-Fungible Tokens (NFTs) are unique non-interchangeable units of data. In Particular, they are stored on a digital ledger. Thus, the presence of blockchain technology is a requirement here. Specifically, NFTs can come in the form of videos, GIFs, audio, images, and plenty of other digital files. 

Over the past year, the popularity of Non-Fungible Tokens has skyrocketed. In fact, the crypto space has thrived this year mostly thanks to NFTs. Thus, Real Research, the online survey app, surveyed its users to see how the public views Non-Fungible Tokens. Here are the results.

Highlights

• 22.61% are unsure on how to view Non-Fungible Tokens
• Millennials are picked as the most likely to be engaged in NFT investing
• The majority believes that NFTs will be widely used in the future

45.17% Say Non-Fungible Tokens Are a Good Investment

To begin, the survey asks the respondents about their view of Non-Fungible Tokens. Here, 37.42% say they see NFTs as cryptocurrencies. Likewise, 15.61% say NFTs are digital collectibles while 9.93% say NFTs are digital art. The rest either chose ‘other’ or ‘unsure’.

Next, the survey asks respondents — are NFTs a good investment? More so, are they secure? On this, 45.17% say NFTs are both secure and a good investment. Meanwhile, 9.01% say NFTs are a good investment but they are not secure. In contrast, 6.61% say NFTs are secure but not a good investment. Lastly, 3.44% say NFTs are good for neither, and the rest are unsure.

36.04% Believe Non-Fungible Tokens Are a Revolutionary Concept

To highlight, 18.23% think that NFTs can be revolutionary if they will be used properly. In contrast, 4.74% say NFTs are just another new trend and the hype will eventually die down. Lastly, 1.98% say Non-Fungible Tokens are ridiculous and a waste of money. The rest are ‘unsure’.

Going forward, the survey asks respondents which type of NFTs do they think investors are most likely to indulge. The majority (39.36%) say ‘Gaming-related NFTs’. Accordingly, ‘Art’ (8.80%), ‘Videos’ (2.99%), ‘GIFs’ (2.72%), and ‘Brand-oriented NFTs’ (2.38%). Likewise, ‘Utility-focused NFTs’ (1.94%), ‘Images’ (1.74%), and ‘Fan-centric NFTs’ (1.67%). The rest chose ‘other’ or ‘unsure’.

Next, the survey asks the respondents which generation is most engaged with investing in NFTs. Here, 27.42% say Millennials, 11.48% say Gen Z, and 8.94% say Generation X. Likewise, 2.91% say Baby Boomers, and 2.43% say Generation Y.   

28.69% Say the Business Sector Should Invest in Non-Fungible Tokens

Going forth, the survey asks the respondents what is their opinion on the future of NFTs. On this, 51.16% believe Non-Fungible Tokens will be widely used in the future. In contrast, 6.94% believe it is just a fad.

Lastly, the survey asks what sector should invest in Non-Fungible Tokens. The respondents chose ‘Business sector’ (28.69%). In order, ‘Entertainment industry’ (14.73%), ‘Supply-chain sector’ (6.95%), and ‘Sports industry’ (2.65%). Finally, ‘Service industry’ (2.10%), ‘Fashion industry’ (1.40%), ‘F&B industry’ (0.99%), and ‘Medical industry’ (0.57%).