Problem
Last updated
Last updated
This can be explained by the following two reasons:
Buying and collecting NFTs is now reserved for those who are tech-savvy and experienced in the fields of blockchain and cryptocurrency, as well as DApp developers (Decentralized Application).
Artists, celebrities, and influencers in Vietnam have lacked access to the NFT market's insights to create high-quality digital goods for their followers and communities.
The high fees of On-chain transactions become a barrier to NFT transactions. Spending roughly 20 dollars each transaction (on the Ethereum network) is prohibitively expensive for users.