What are PFP NFTs?

[osamudazai]

PFP NFTs, or Profile Picture NFTs, are exactly what the name implies. They are NFTs that can serve as profile pictures on social media platforms. One of the main factors that drive the purchase of NFTs is that they can be a symbol of social status. This being the case, wanting to flaunt your very own NFT on your social media is pretty reasonable. Platforms like Twitter, Instagram, and Facebook already allow the use of NFTs as profile pictures, albeit with some visual effects to set them apart. With these giants already popularising the use of PFP NFTs, we can definitely expect a booming demand for NFT marketplaces for digital collectibles this year.