Onchain Social Networks Expected to Boost Digital Art Collectors and Digital Ownership, Blockworks Research Emerges as Key Data Source

The emergence of onchain social networks is poised to significantly increase the number of digital art collectors, as they serve as a gateway to understanding digital ownership. Advocates argue that onchain platforms offer enhanced control over identity and financial transactions, suggesting a transformative shift in how users engage with the internet. Industry insights indicate that platforms like Blockworks Research are becoming central to onchain data analytics, with potential for monetization through APIs and S3 delivery. This evolution in digital interactions highlights the growing importance of onchain technology in shaping user experiences and ownership in the digital realm.