GITNUX MARKETDATA REPORT 2024

Must-Know NFT Statistics [Recent Analysis]

Highlights: Nft Statistics

  • The most valuable NFT is worth over $91.8 million, and the NFT marketplaces have seen nearly $41 billion worth of crypto spent in 2021.
  • The NFT market revenue is projected to grow by 27.26% from 2022 to 2027, with 2021 witnessing top sales in the non-fungible token market.
  • 3% of men and 1% of women in South Africa own an NFT, with 18-34 year olds leading the way.
  • 35% of the global trade of NFTs last year was from Central and Southeast Asia, showing the growing popularity of NFTs in this region.
  • The NFT industry in Asia Pacific is expected to grow by 54.8% annually and reach US$154365.2 million by 2028.
  • This growth is expected to be steady and significant, with a CAGR of 40.1% over the forecast period.
  • 21% of British people know what an NFT is and 1.7 million own one, with 3.3% planning to buy one in the future.
  • NFTs are becoming increasingly popular and valuable in 2022, with some of the most expensive NFTs ever sold worth millions of dollars.

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Welcome to our blog post about NFT Statistics. Non-fungible tokens (NFTs) have been gaining a lot of attention in the crypto world lately, and it’s no surprise why. NFTs are a unique type of digital asset that can be used to represent ownership of digital items such as artwork, music, videos, and more. In this post, we’ll take a look at some of the most interesting NFT statistics and trends that have emerged in the past few months. We’ll also discuss the potential implications of these statistics for the future of the NFT market. So, without further ado, let’s dive in and explore the fascinating world of NFTs.

NFT Statistics -all you need to know in 2023

NFTs are becoming increasingly popular and could become a major asset class in the coming years.

4% of US adults have ever owned NFTs and 65% are familiar with them, with 4% buying or selling them in 2022, this indicates a growing interest in NFTs.

This statistic is important because it shows that NFTs are becoming increasingly popular all over the world, with a large portion of the population already owning them and many more planning to buy them in the future.

NFT Statistics: Statistics Overview

The most valuable NFT is worth over $91.8 million, and the NFT marketplaces have seen nearly $41 billion worth of crypto spent in 2021.

This statistic is important because it shows the rapid growth of the NFT market and its increasing value. Despite the fact that most Americans don’t know what an NFT is, the market is still growing and becoming increasingly valuable. This indicates that the NFT market has potential for further growth and could become even more valuable in the future.

In 2021, over $41 billion in cryptocurrency was spent on NFT platforms, with over half of total NFT sales being under the mark of 200 USD, and the most valued NFT being worth over $91 million.

This statistic matters in the context of NFT statistics because it shows the immense growth of the NFT market, with a large amount of money being spent on NFT platforms and the most valued NFT being worth an incredibly high amount. This shows that NFTs are becoming increasingly popular and valuable, and that the market is growing rapidly.

The NFT market revenue is projected to grow by 27.26% from 2022 to 2027, with 2021 witnessing top sales in the non-fungible token market.

This statistic is important because it shows that the NFT market is growing rapidly and is expected to continue to do so in the coming years. This indicates that the NFT market is a viable and potentially lucrative investment opportunity for those interested in the space.

In 2022, the Ethereum NFT sphere had 8.22 million ETH in trading volume across 2.46 million unique wallets, with a predicted compound annual growth rate of 33.7% and a market cap of $231 billion by 2030.

This statistic matters in the context of NFT statistics because it shows the rapid growth of the NFT space and its potential to become a major market in the near future. This growth is driven by increased interest in the space, as well as the increasing number of unique wallets and trading volume.

This indicates that NFTs are becoming increasingly popular and could become a major asset class in the coming years.

3% of men and 1% of women in South Africa own an NFT, with 18-34 year olds leading the way.

This statistic is important because it shows that NFTs are gaining traction in South Africa, particularly amongst younger generations. It also highlights the gender gap in NFT ownership, which could be an area of focus for NFT companies looking to increase their user base.

4% of US adults have ever owned NFTs and 65% are familiar with them, with 4% buying or selling them in 2022, this indicates a growing interest in NFTs.

This statistic matters because it shows the increasing interest in NFTs. The fact that the percentage of people who are at least somewhat familiar with NFTs has risen from 20% to 65% in a short period of time indicates that there is a growing interest in the technology. Additionally, the fact that 4% of Americans have bought or sold NFTs in 2022 shows that there is a significant number of people who are actively engaging with the technology. This indicates that NFTs are becoming more popular and that more people are becoming interested in them.

35% of the global trade of NFTs last year was from Central and Southeast Asia, showing the growing popularity of NFTs in this region.

This is important because it highlights the potential of NFTs in Asia, as evidenced by the sale of Jack Dorsey’s first tweet as an NFT for $2.9 million to a Malaysian-based businessman and the launch of South Asia’s first NFT marketplace in June last year.

The NFT industry in Asia Pacific is expected to grow by 54.8% annually and reach US$154365.2 million by 2028.

This statistic is important because it shows the potential for growth in the NFT industry in the Asia Pacific region.

This growth is expected to be steady and significant, with a CAGR of 40.1% over the forecast period.

This indicates that the NFT industry in Asia Pacific is a viable and potentially lucrative market for investors and businesses.

21% of British people know what an NFT is and 1.7 million own one, with 3.3% planning to buy one in the future.

This statistic is important because it shows that NFTs are becoming increasingly popular in the UK, with a large portion of the population already owning them and many more planning to buy them in the future. This suggests that NFTs are becoming a mainstream asset and could potentially have a large impact on the UK economy.

The NFT industry in the United Kingdom is expected to grow by 48.7% annually and reach US$1725.2 million in 2022, with a CAGR of 34.5% during 2022-2028.

In 2021, an NFT sold for $69 million and another sold for $98.1 million, while 53% of NFTs sold in March 2021 on OpenSea were purchased for under $200.

This demonstrates the potential for high returns on NFTs, as well as the potential for more affordable investments in the NFT market.

This article provides an overview of the most popular and robust NFT marketplaces, with key metrics such as users, transactions, volume, and balance measured over the preceding 24 hours and 30 days.

This data is important to understand the activity of the marketplaces and make informed decisions when choosing one.              

NFT sales were estimated at $10.7 billion for the third quarter of 2021, and this number is set to grow due to the exponential evolution of this market.

This statistic is important because it shows the size of the NFT market and how much it has grown in recent years, especially due to the COVID-19 crisis. It also demonstrates the potential of the market, as the most expensive NFTs are sold in billions of dollars.

NFTs are becoming increasingly popular and valuable in 2022, with some of the most expensive NFTs ever sold worth millions of dollars.

This statistic is important because it shows that NFTs are becoming increasingly popular and valuable in the current market. This is significant because it demonstrates that NFTs are becoming a viable investment option and that they have the potential to generate significant returns. Additionally, it highlights the involvement of top influencers and celebrities in the NFT market, which further legitimizes the industry and increases its appeal to potential investors.

Conclusion

In conclusion, NFTs are a revolutionary new way of collecting, trading, and investing in digital assets. The NFT market is growing rapidly and is expected to continue to grow in the coming years. With the increasing popularity of NFTs, the need for accurate and reliable NFT statistics is becoming more and more important. By understanding the current trends in the NFT market, investors and collectors can make informed decisions about their investments and collections. With the right data and analysis, anyone can become an expert in the NFT market.

References

1 – https://fortunly.com/statistics/nft-statistics/

2 – https://www.demandsage.com/nft-statistics/#:~:text=NFT%20sales%20volumes%20totaled%20roughly,around%2028.6%20million%20in%202021.

3 – https://plat.ai/blog/most-important-nft-trends-you-should-know/#nft-trends-2022

4 – https://www.nansen.ai/guides/nft-statistics-2022#introductionstrongnbspstrong

5 – https://www.finder.com/za/nft-statistics

6 – https://www.security.org/digital-security/nft-market-analysis/

7 – https://www.asiafinancial.com/asia-becomes-the-epicentre-of-the-global-nfts-craze

8 – https://www.globenewswire.com/en/news-release/2022/12/20/2576862/28124/en/Asia-Pacific-NFT-Market-Intelligence-and-Future-Growth-Dynamics-Report-2022-2028-India-China-Singapore-and-Indonesia-Seeing-Increased-Adoption.html#:~:text=NFT%20industry%20in%20Asia%20Pacific,40.1%25%20during%202022-2028.

9 – https://uk.finance.yahoo.com/news/only-21-brits-aware-non-174300941.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAK2QsMK7NERkPP4RPdktCVgR9dyGJnv86FQDvG1JET6QuDCWkya3ogaGqatF3o5LP0ciUnoeBDj2lHh7G8i959mmN9xRh5TE9cRm0xuPONAp5lmPF6uoyIkahyrPwTDXi7po5E3UMQ6DFQeBpNokzfeadFKB1oOgWeceG5P2yphk

10 – https://www.businesswire.com/news/home/20221205005381/en/United-Kingdom-NFT-Market-Intelligence-and-Future-Growth-Report-2022-Market-is-Expected-to-Grow-by-48.7-to-Reach-1725.2-Million-in-2022—Forecasts-to-2028—ResearchAndMarkets.com#:~:text=NFT%20industry%20in%20United%20Kingdom,34.5%25%20during%202022-2028.

11 – https://influencermarketinghub.com/nfts-statistics/

12 – https://www.marketplacefairness.org/cryptocurrency/nft-statistics/

13 – https://www.nfttech.com/newsroom/a-deep-dive-on-nft-marketplaces

14 – https://www.business2community.com/nft/best-marketplaces

15 – https://www.statista.com/statistics/1265821/us-nft-user-demographics

16 – https://www.finder.com/nft-statistics

17 – https://www.statista.com/statistics/1222113/top-nft-projects-worldwide/

18 – https://www.todaynftnews.com/nft-sales-in-2022-are-likely-to-almost-match-the-rise-in-2021/

19 – https://metav.rs/blog/most-expensive-nfts

20 – https://www.dexerto.com/tech/top-10-most-expensive-nfts-ever-sold-1670505/

21 – https://www.statista.com/statistics/1266486/blockchain-games-user-number/

22 – https://www.statista.com/statistics/1288947/game-developers-studio-interest-nfts/

23 – https://metav.rs/blog/nft-market-statistics-2021-2022/#:~:text=General%20sales%20statistics%20in%20the%20NFT%20market&text=NFT’s%20weekly%20sales%20volume%20has,exceeded%20%24250%20million%20for%202021.

24 – https://www.nansen.ai/guides/nft-statistics-2022

25 – https://www.christies.com/about-us/press-archive/details?PressReleaseID=9970&lid=1

26 – https://morningconsult.com/2021/04/05/millennials-nfts-collectibles/

27 – https://www.statista.com/statistics/1275871/nft-sales-volume-by-segment-last-30-days/

28 – https://mashable.com/article/classic-memes-sold-nft-prices

29 – https://d2u3kfwd92fzu7.cloudfront.net/The-Art-Market_2021.pdf

30 – https://www.statista.com/statistics/1235263/nft-art-monthly-sales-value/

31 – https://www.statista.com/statistics/1243853/nifty-gateway-nft-monthly-sales-worldwide/

32 – https://arttactic.com/product/nft-art-market-report-may-2021/

ZipDo, cited June 2023: Nft Statistics

FAQs

What is an NFT?

An NFT (Non-Fungible Token) is a type of cryptographic token that represents a unique asset or digital item.

How does an NFT work?

NFTs are based on blockchain technology and are stored on a distributed ledger. They are unique and non-interchangeable, meaning they cannot be replaced or exchanged with another asset.

What are the benefits of using NFTs?

The benefits of using NFTs include increased security, transparency, and immutability. They also provide a way to tokenize and trade digital assets, such as artwork, collectibles, and in-game assets.

What types of assets can be tokenized as NFTs?

Any type of digital asset can be tokenized as an NFT. This includes artwork, music, videos, digital collectibles, in-game assets, and more.

How secure are NFTs?

NFTs are very secure because they are based on blockchain technology. They are also immutable, meaning they cannot be changed or altered once they are created.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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