Qoomed market connects artists and NFT followers within the CBD trade

“Just a single month in 2021, over 1.5 million NFT art sales were recorded.”

Regardless of the present bear market that has hit each shares and cryptocurrencies arduous, NFTs are nonetheless a sizzling matter. In 2021, the marketplace for non-fungible tokens was valued at USD 15.54 billion and is predicted to develop at a compound annual development fee (CAGR) of 33.9% from 2022 to 2030. Most cryptocurrency advocates but additionally analysts and VC corporations count on it to begin taking off once more as quickly as the subsequent bull run begins and even attain new heights.

One other exploding sector that’s nonetheless rising and is displaying nice development potential is CBD. The market was valued at USD 4.9 Billion in 2021 and is projected to achieve a price of USD 47.22 Billion by 2028 at a CAGR of 21.3% by 2028. Cannabidiol merchandise are having fun with an elevated curiosity as a result of favorable regulatory framework surrounding them within the US and Europe, the potential they’ve for human and animal well being, in addition to their approval for the remedy of assorted illnesses akin to epilepsy by the FDA (Federal Drug Administration, see particularly the drug EPIDIOLEX). With steady analysis and new methods of cultivating CBD merchandise, the market is sure to proceed its speedy enlargement within the foreseeable future.

Is there a synergy between NFTs, blockchain, and the CBD sector, all of which appear to be experiencing spectacular development that reveals no indicators of slowing down? What benefits will be derived from a possible interplay of those ideas? One mission has already made its mission to search out out and has achieved lots during the last couple of years. Enter Qoomed.

The Qoomed ecosystem

Qoomed is the primary ecosystem that integrates blockchain ideas inside the CBD sector and unlocks a wide range of further potentialities for all concerned stakeholders.

The ecosystem consists of three major pillars – the CBD market for merchandise, which instantly connects consumers, sellers and companies from the trade, the 420.work NFT platform that provides CBD artists huge publicity to NFT hunters and permits them to simply monetize their expertise, in addition to the QOOMED token, which is used for funds.

Source link
#Qoomed #market #connects #artists #NFT #followers #CBD #trade