April 17, 2025
The Evolution of NFTs: From PFPs in 2021 to Nodes and Memberships in 2025
We trace the evolution of NFTs from early experiments to a mature $264.6 billion market by 2025, highlighting key technological breakthroughs—ERC-721, ERC-1155, ERC-6551, dynamic standards, and cross-chain interoperability—and their real-world applications across gaming, supply chains, identity, and asset tokenization. It also examines the post‑2022 shift from speculative hype to utility-driven projects, regulatory clarity’s stabilizing role, and how Lunar Strategy’s NFT marketing approach prioritizes community engagement and lasting value over fleeting trends.