In the first half of 2021, NFT sales reached $ 2.5 billion. Since March, sales of non-fungible tokens have ranged from 10,000 to 20,000 NFT per week.
According to a Reuters publication citing data from DappRadar, in the first half of 2021, non-fungible token (NFT) sales totaled $ 2.5 billion.
In the first quarter of 2021, interest in the industry grew – non-fungible tokens became popular in the art world after the artist’s painting Beeple was sold as NFT for $ 69.3 million in March. Twitter recently released 140 non-fungible tokens (NFT) on Ethereum, which handed out for free to its users. Most of the new owners put them up for sale immediately.
In addition, earlier this month, Sotheby’s completed an auction for the sale of a non-fungible token (NFT) containing the original source code for the technical underpinnings of the Internet. The developer received $ 5.4 million. Apparently, the excitement around the sector does not subside – since March, the number of NFT buyers each week continues to exceed the number of sellers, and the sales volume ranges from 10,000 to 20,000 tokens per week.
Weekly NFT sales remain strong, according to NonFungible. Image: NonFungible
Monthly sales on one of the largest marketplaces, NFT OpenSea, hit a record high in June. However, NFT data is difficult to interpret as each analytics platform has its own tracking metrics. Sales volumes according to NonFungible data in the first half of 2021 are almost half that according to DappRadar data, in part because the first service excludes NFTs used in decentralized finance (DeFi).
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