The global non-fungible token market size is expected to reach USD 211.72 billion by 2030, growing at a CAGR of 34.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing demand for digital art worldwide is one of the major factors driving the NFT (non-fungible token) market growth. Digital art is defined as the art that is displayed or created using digital technologies.
Hollywall is developing a one-of-a-kind, state of the art, digital distribution and verification system- designed to maximize customer delivery, quality control, and revenues for artists, writers, content developers, copyright owners and shareholders.
The company has recently formed a new R&D division to explore the use of Blockchain, NFTs, token omics and cryptocurrency technologies in the development of the HW Network digital delivery platform.
The HW Network digital distribution and verification system is revolutionary and will change how the media and entertainment industries conduct their businesses in the future.