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Thursday, September 12, 2024

NFT sales hit a record $ 2.5 billion in the first half of 2021

According to the Non Fungible service, from 10 thousand to 20 thousand new non fungible tokens are sold weekly on the Ethereum blockchain.

Non fungible token (NFT) sales hit a record $ 2.5 billion in the first half of 2021, reports Reuters with reference to the data of the analytical service DappRadar.

In 2020, NFT sales amounted to $ 95 million, which is 26 times less than in the first half of this year. From 10 thousand to 20 thousand new NFT tokens are sold weekly on the Ethereum blockchain, according to the data of the Non Fungible service.

The surge in interest in non fungible tokens came in March when artist Beeple sold his painting as NFT at Christie’s for $ 69.3 million.

In March, only works of art in the form of NFT tokens were sold for $ 200 million, which is more than the sales of non fungible tokens for the whole of 2020.

In February of this year, NFT sales were $ 91 million, and in January – $ 12 million.

**San Marino will start issuing NFT vaccination passports

**Sotheby’s will sell the world’s oldest NFT

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