Jacob Murphy

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  A Hybrid Centralized and Decentralized Social Commerce Marketplace MARKET OVERVIEW E-commerce — Social Commerce The coming of E-commerce has changed the way people trade forever. E-commerce brought trade to a global level reducing time and distance to nothing. Ecommerce businesses have seen almost a 265% growth rate, from $1.3 trillion in 2014 to $4.9 trillion in 2021. It is expected to increase by 22 per cent more in 2023. Statistics predicted that by 2040, about 95 per cent of all purchases will be made through e-commerce. NFT Market After a huge breakout year in 2021, it’s clear that non-fungible tokens (NFTs) will become part of our everyday lives when consuming content and interacting with apps including digital photos, images, games, music, videos, and perhaps in other areas like real-estate. NFT use cases are growing. For example,  The Block reported  that: “popular music festival Coachella has recently partnered with crypto exchange FTX US to launch an NFT collection. The NFT

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