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Unchangeable data kept on a blockchain, a kind of digital ledger, that can be sold and exchanged. Dylan Calluy/Unsplash

Google Trends reveals a significant decline in searches for NFT.

  • A look at Google Trends reveals a significant decline in searches for NFT.
  • However, according to the most recent Google Trends data, although many of us have been obliged to at least attempt to comprehend what an NFT is during the past year or so, the results of this study have not translated into a persistent interest in the issue.
  • However, if the trend shown by Google’s search statistics continues, this might prove to be a catastrophic waste of your time.
  • It should be noted that at LimeWire, there is no indication that the NFT would be phased out shortly.
  • It was announced this week that the popular file-sharing platform from the early 2000s (which was primarily responsible for facilitating illegal downloads of films and music) will be returning in the form of a “mainstream-ready, digital collectables marketplace for art and entertainment, initially focusing on music.”

However, according to the most recent Google Trends data, although many of us have been obliged to at least attempt to comprehend what an NFT is during the past year or so, the results of this study have not translated into a persistent interest in the issue. For those who haven’t tried to comprehend the phenomena yet, Wikipedia has come to the rescue with the following information: “In the cryptocurrency world, a non-fungible token (NFT) is a non-interchangeable unit of data that may be kept on a blockchain, which is a kind of digital ledger, and then sold and exchanged. Many different types of NFT data units may be connected with digital assets such as photographs, videos, and audio.”

Are you still confused? Then have a good time going into this specific rabbit hole of information. However, if the trend shown by Google’s search statistics continues, this might prove to be a catastrophic waste of your time. It should be noted that at LimeWire, there is no indication that the NFT would be phased out shortly. It was announced this week that the popular file-sharing platform from the early 2000s (which was primarily responsible for facilitating illegal downloads of films and music) will be returning in the form of a “mainstream-ready, digital collectables marketplace for art and entertainment, initially focusing on music.” The service is planned to be operational by the end of May.

This chart shows Google Search interest in 'NFT' in 2021 and 2022

This chart shows Google Search’s interest in ‘NFT’ in 2021 and 2022

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