$37 Billion Already Sent To NFT Marketplaces This Year, Almost Equal To 2021

$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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NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already

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....

The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

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....

$GIF’s $550,000 IDO Sells Out in 8 Hours as NFT Gaming Takes Centre Stage

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 […]

Under the Radar NFT Marketplaces to Keep Your Eye On

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 […]

2021’s NFT Boom Pushes Collectors Toward Rare and Older Collections

In 2021, non-fungible tokens (NFTs) have been extremely popular and have become a billion-dollar industry this year. There’s been a number of NFT marketplaces and collections that have seen a massive number of sales and individual digital collectibles have sold for millions. The NFT hype has also caused significant demand for some of the earliest known NFT collections like Spells of Genesis cards, Curio cards, Bitcorn, Rare Pepe trading cards, and even Fake Rares. Older Non-Fungible Token Collections See Fresh Demand Old non-fungible token (NFT) collections are seeing....