$37 Billion Already Sent To NFT Marketplaces This Year, Almost Equal To 2021
NFT investments have shown remarkable growth during the first half of the current year and are almost equal to the total sales volume for 2021. However, the crypto industry is experiencing a rare market condition. As per the report, non-fungible token collectors have spent worth $37 billion in the industry and claimed that their transactions […]
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Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021. Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the total amount in all of 2021. According to a report from Chainalysis, investors sent $40 billion worth of cryptocurrency to smart contracts associated with NFT collections and marketplaces throughout 2021. Source: ChainalysisSince the beginning of last year, NFT transaction volume has grown....
While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market platform currently dominates the top five NFT marketplaces by 79%. Top 5 NFT Markets Cross $40 Billion in All-Time Sales, Opensea Dominates by 79% During the month of October, the top five NFT marketplaces surpassed the $40 billion mark, in terms of all-time sales, with approximately $41.36....
Surging interest in in-game NFTs has picked up following the sharp drop-off from the NFT art mania of early 2021, and in doing so, this new interest has spurred a mammoth $2 billion spend on NFTs during the first three months of 2021 alone. New NFT marketplaces, dApps, and the blockchain solutions that support them […]
When it comes to NFT marketplaces, everyone and their grandmother have heard about the likes of OpenSea and Top Shot. But, what about the hidden places you simply cannot afford to miss as a connoisseur of digital assets? Read on to learn more about lesser-known NFT marketplaces which sometimes go undeservedly unnoticed but whose best […]
OpenSea’s transaction volume, which recently surpassed $10 billion, makes it the clear leader in the NFT boom of 2021. Without a doubt, 2021 has been a momentous year for nonfungible tokens (NFT). The nascent market has seen unprecedented growth as sales volume from January to date nears $10 billion — a 14,500% surge from 2020. The NFT marketplace OpenSea is responsible for processing a great chunk of that. OpenSea controls a majority of NFT sales and has processed more than $10 billion worth of transactions since launching in December 2017. Its 2021 volume alone even topped the revenue....