nft industry size

nft industry size?

Non-fungible Token (NFT) Market Scope
Report Coverage Details
Market growth 2022-2026 USD 147.24 billion
Market structure Fragmented
YoY growth (%) 30.72

Then,How big is the global NFT market?

The NFT marketplace: By the numbers According to Thursday’s NonFungible.com report, which was created with support from L’Atelier BNP Paribas, the total value of all NFT transactions worldwide jumped 21,350% to more than $17 billion in 2021, from $82.5 million in 2020.

One may also ask,Is the NFT industry growing?

Trading in NFTs spiked 21,000% to more than $17 billion in 2021, report says. Trading in nonfungible tokens hit $17.6 billion last year, an increase of 21,000% from 2020, according to a report from Nonfungible.com.

In this way,How many NFT has been sold?

Over the period considered, trading of art NFTs reached a high of 109.1 thousand in the middle of August 2021.

Furthermore,Who is the biggest NFT company?

OpenSea1. OpenSea. OpenSea boldly describes itself as being the largest NFT marketplace. It offers a wide range of non-fungible tokens, including art, censorship-resistant domain names, virtual worlds, trading cards, sports, and collectibles.

Related Question Answers Found

What is the NFT market?

So what exactly are NFTs? They’re digital tokens, often purchased with the virtual currency Ether, that record ownership of a unique asset. You buy NFTs on online marketplaces like OpenSea. One collection from Bored Ape Yacht Club had a $3 million daily trading volume as of mid-February. Brands are buying NFTs too.

What is the most expensive NFT ever sold?

The Merge1. Pak’s ‘The Merge’ — $91.8m. Pak/Nifty The Merge was bought by 28,983 collectors for a total of almost $100m. Another Pak piece, The Merge officially became the most expensive NFT ever sold on December 2, 2021, with almost 30,000 collectors pitching together for a total cost of $91.8m.

How big is the blockchain market?

The worldwide blockchain market was valued at 1.57 billion U.S. dollars in 2018 and is forecast to grow more than hundred times to 163 billion U.S. dollars by 2027.

How much is the NFT market worth 2022?

As of April 15, 2021, NFT sales recorded on the Ethereum blockchain during the previous 30 days generated an aggregated value of around 73 million U.S. dollars. As of April 15, 2022, the aggregated sales value over 30 days amounted to roughly 54 million U.S. dollars.

What is the demand for NFT?

“NFTs have their own drivers and we’re seeing that play out in the early months of 2022.” The numbers speak to the demand for NFTs, with 770,000 unique NFTs buyers in January so far, according to data from CryptoSlam, a jump of almost 2,500% from the 30,000 reported in January 2021.

How much does an average NFT sell for?

The average selling price of a nonfungible token has declined to under $2,000, compared with an all-time high of almost $6,900 on Jan. 2, according to industry data tracker NonFungible.

How many NFT holders are there?

360,000 NFT ownersAs of 2021 there are around 360,000 NFT owners According to the Financial Times and Chainalysis, there are approximately 360,000 NFT owners holding around $2.7 million in NFTs between them. However, around 9% of the total group is responsible for approximately 80% of the market value.

Which country buys NFT the most?

The top five countries with the biggest NFT adoption are in Asia. A poll involving 28,000 people in 20 countries found that the Philippines has the highest number of NFT owners (32%). The country with the second-highest NFT adoption rate is Thailand (27%), followed by Malaysia (24%), the UAE (23%), and Vietnam (17%).

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