A research report published by the National Research Group (NRG) has revealed what sports fans think about NFTs.
As NFT sales hit a one-year low in June 2022, NRG surveyed 3,250 sports fans in the United States, United Kingdom, Japan and Brazil about NFTs.
Fear of losing money or being scammed was cited as the biggest deterrent to buying NFTs in the research report released after the survey.
Only 15% of respondents had full confidence in NFT marketplaces, while 30% had little or no confidence in them.
Respondents in all countries surveyed agreed on the need for stricter regulation of NFTs.
Across the US, UK, Japan and Brazil, 58% of sports fans said that they felt they had some level of knowledge about NFTs. In addition, 54% of respondents said that they believed NFTs positively impact their favorite sports.
