Due to the financial and political crises, occurring in various states, citizens of Latin America have begun to use NFT more and more often.
The high level of inflation forced the citizens of Latinoamerica to turn to cryptocurrency. Mastercard released information that 51% of users in the region have made at least 1 transaction, involving crypto assets. And countries such as Brasil, Argentina, Colombia and Ecuador are in the top 20 countries with the highest rate of use of cryptocurrencies.
In progressive states, NFTs have become known among the population because of the Bored Ape Yacht Club or CryptoPunks, whose NFTs are currently very popular. Organizations in Latinoamerica are investing in ways to use NFTs, such as supporting the arts, charitable causes and resell airline tickets. Latin American artists also have the opportunity to create a personal NFT on the Enigma.art platform. It is also engaged in the creation of creative musicians. This platform is the link between the artists, their fans and the place where NFT tickets are sold.
Latinoamerica also has a trading platform for travel products, TravelX, where you can buy tickets for a plane or an event. At the moment, there is a service for returning and reselling tickets 3 days before the flight.
The potential of NFT is very high. Just think, users can purchase tickets for an event and then resell them for more.
