Web Analytics
Sunday, September 8, 2024

NFT Trading Volume Grew Almost 400 Times Over The Year

About 88% of the trading volume in the non-fungible token market was provided by the OpenSea marketplace ($ 12.5 billion)

In 2021, non-fungible token (NFT) trading volume exceeded $ 13 billion, according to The Block Research .

The indicator has grown almost 400 times compared to 2020 ($ 33 ​​million). 88% of the NFT trading volume (more than $ 12.5 billion) this year was provided by the OpenSea marketplace.

OpenSea is one of the largest NFT marketplaces that allows you to create your own non-fungible tokens and sell them. The trading platform was founded in 2017.

One of the largest and oldest auction houses in the world, Sotheby’s, which was founded in 1744, raised $ 100 million from the sale of NFT tokens in 2021.

At the same time, about 78% of bidders on NFT used Sotheby’s for the first time, and more than half of the participants in such auctions not yet 40 years old,

In 2021, the cryptocurrency industry attracted $ 30 billion in venture capital investments, which is more than has been invested in all the years of the sector’s existence. Previously, 2018 was considered a record year, for which the cryptocurrency industry received about $ 8 billion in investments.

Page Visit Tracker
Visited Pages: 0 /
Please Wait 30 Seconds ⏱

Related Articles

Stay Connected

3,477FansLike
4,500FollowersFollow
1,200FollowersFollow
3,912FollowersFollow
1,222SubscribersSubscribe

OKX: A Secure and Feature-Rich Crypto Exchange for All Levels

okx crypto, okex exchange, crypto exchange review, cryptocurrency trading, margin trading, perpetual futures, staking, earning, blockchain, bitcoin, ethereum, altcoins, nft, crypto wallet, trading platform, investment, financial markets, technology, online trading, financial services, fintech, digital assets, cryptocurrency news, crypto analysis, crypto trends, crypto education, crypto community, crypto enthusiasts, trading tips, crypto strategies, crypto advice
0
In the ever-evolving world of cryptocurrency, choosing the right exchange can feel overwhelming. With countless platforms vying...

Best Crypto Apps: Your Guide to Navigating the Digital Currency World

crypto apps, best crypto apps, cryptocurrency apps, digital currency apps, blockchain apps, bitcoin apps, ethereum apps, trading apps, investment apps, wallet apps, mobile apps, desktop apps, user-friendly apps, secure apps, fee-efficient apps, supported cryptocurrencies, additional features, coinbase, binance, robinhood, crypto.com, eToro, security, user experience, fees, features, mobile app experience, customer support, investment goals, preferences, research, financial advisor, investment decisions
0
Have you ever wondered which crypto app is the right fit for your digital currency journey? With...

Latest Articles

Random

Advertise here