Which country has the highest number of NFT owners?
As our chart shows, Thailand took the lead as the country with the highest number of NFT users in the world in 2021, with a total of 5.65 million users. This was followed by Brazil with 4.99 million users and the U.S. with 3.81 million.
The findings of the analysis may be somewhat surprising. Among the countries most interested in NFTs, Singapore came out on top, with a monthly search volume of 18,717 per one million in population. Hong Kong, Canada, Iceland, and the United States round out the top five spots on that list.
As 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.
- OpenSea is the leader in NFTsales. ...
- Axie Infinity tokens (called Axie Shards) are built on the Ethereum blockchain. ...
- Larva Labs is best known for the viral CryptoPunks NFT project. ...
- Rarible is another large marketplace for all sorts of NFTs, similar to OpenSea.
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NFT Statistics in depth.
The first known NFT was minted on May 3, 2014, by digital artists Kevin McCoy and Anil Dash. The NFT, called Quantum, was a short video clip of McCoy's wife Jennifer. McCoy later minted this clip on the Namecoin blockchain and later sold it to Dash for $4. The tech slowly caught up with the world in 2015.
- The Merge - $91.8 million.
- The most expensive NFT in history is actually a series of NFTs, selling for a eye-watering $91.8m price tag in December of last year. ...
- Breaking record after record, the world of NFT art really smashed it last year.
The most current reports show that 3,200 NFTs are sold per day. That said, the potential for fluctuations is high in this type of market. For those concerned with the power consumption of NFTs through the Ethereum blockchain, NFTs may not be something they want to invest in until this is resolved.
If by best you mean, most expensive and most popular NFT art, then Beeple's piece titled “Everydays – The First 5000 Days” is the best NFT art so far. The masterful collage piece took 13 years to make and includes over 5000 digital images and sold for $69.3 million.
What is the largest NFT market place?
1. Open Sea. This is perhaps the most popular — and, by far, the largest — NFT marketplace nowadays. It's the original peer-to-peer alternative to buy and sell non-fungible tokens online, and it has recently surpassed a trading volume of $20 billion.
1. Art. Art is the most popular form of NFT out there. Because of that, art is also the kind of NFT that sells the best.
Chinese authorities have made it clear that they do not welcome financial elements of the new economy, including NFTs.
Firstly, CryptoPunk is one of the oldest NFT projects still in circulation today. This digital artwork is the first to be on the blockchain. This is what makes the demand skyrocket. Many investors bought CryptoPunk because they wanted to own one of the oldest NFTs still in circulation today.
Another reason NFTs might be so expensive is because of something economists call a bubble. We say that there is a bubble in a market when investors buy things with the main prospect of selling them shortly afterwards at a higher price. This pushes the price up. Bubbles tend to occur whenever new technology appears.
Twitter cofounder Jack Dorsey created an NFT out of his first-ever tweet, which sold for $2.9 million a year ago. In an auction this past week, the highest bid was just $280. In December 2020, Jack Dorsey created a non-fungible token (NFT) out of his first-ever Twitter post.
NFTs are becoming increasingly popular in Europe, as people look for new and innovative ways to invest their money. There are a number of reasons for this, but one of the main ones is that NFTs offers a lot of flexibility and versatility.
Screenshotting an NFT is illegal if you sell it to someone else or pass it off as your own work. It discredits the original creator of the NFT, especially if it's an art form, and breaks established copyright laws.
Selling NFTs isn't easy money. Creating and then selling your digital work will incur Ethereum network and marketplace costs, and trading NFTs can be uncertain given the volatility in this young movement.
Meanwhile, the most affordable item cost $4.49 or 0.002 ETH. More importantly, you might have a good chance of selling NFTs from Axie Infinity. It has a decent player base made up of people who are willing to buy your Axies and items.
Where are most NFTs sold?
OpenSea is a catch-all platform for NFTs
OpenSea claims to be the largest NFT marketplace and is home to anything from art to virtual reality, sports and trading cards. The site has over 200 categories and 4 million items.
- Beeple.
- CryptoPunks.
- Roham Gharegozlou.
- Mark Cuban.
- Pplpleasr.
- Jay-Z.
- Paris Hilton.
- 3LAU.
The majority of people interested in NFTs (14%) are between the ages of 18 and 24. Followed by 25 - 34 year olds where 8% of respondents are interested in NFTs.
World. 10 year old Australian artist Franc is blazing a path across the metaverse as the youngest ever Australian artist to debut an NFT collection, Heart Strings.
- Your NFT Community Comes First. Your community is what will ultimately determine the success of your NFT project. ...
- Price Your NFT Project Fairly. ...
- Plan a Quality NFT Roadmap. ...
- Communicate Effectively and Often. ...
- Invest in Your NFT Code.
- Promote on Instagram. ...
- Use Appropriate Hashtags. ...
- Join Discord Servers. ...
- Promote NFTs on Reddit. ...
- Hire an Influencer to Promote Your Artwork. ...
- Promote NFTs on Telegram Channels. ...
- Use Paid Advertising.
NFT App | No. of NFT listed | NFT Types Offered |
---|---|---|
OpenSea | 80m+ | Art and Music |
NFT LaunchPad | 10,000+ | Art, Music, Sports, Photography, Games, and many more |
Axie Marketplace | 600,000+ | In-game Assets |
NBA TopShot | 10,000+ | Art (Iconic clips) |
The cost to create an NFT ranges from $0.05 to over $150. The Ethereum blockchain is the most expensive blockchain with an average cost of $70, and Solana is the cheapest costing only $0.01 on average to create an NFT. That does not include marketplace fees which range from 2.5% to 5%.
Now CryptoPunk #7523 is the most expensive of the 10,000 units and sold for $11.8 million. It was purchased by Shalom Meckenzie, who is also the largest shareholder of DraftKings. When interviewed, he said that CryptoPunks was symbolic of the popularity of NFTs, which is why he made the purchase.
- How to make and sell an NFT: marketplaces. ...
- Buying cryptocurrency to fund your wallet. ...
- Creating a digital wallet to pay for your NFT. ...
- Adding cryptocurrency to your wallet. ...
- Connecting your wallet to an NFT platform. ...
- Uploading the file you want to turn into an NFT. ...
- Setting up an auction for your NFT.
What percentage of the world owns an NFT?
Awareness of NFTs Has Exploded Since 2021
The number of people who have gained familiarity with non-fungible tokens has soared since our original study from 2021. In fact, the percentage of people who are at least somewhat familiar with NFTs has risen from 20 percent to 65 percent in that time.
Currently, there are around 360,000 people who own NFTs.
Since users can own multiple NFT wallets, the same with all digital asset wallets, the number of people actually engaged in the buying and selling of NFTs is likely significantly smaller.
Over 265,000 active wallets traded NFTs.
The majority of people interested in NFTs (14%) are between the ages of 18 and 24. Followed by 25 - 34 year olds where 8% of respondents are interested in NFTs.
The floor price has been down by 100 per cent since May when BAYC NFTs were selling at $200,000 each. On June 15, the floor price fell to $106,000 and since then, the NFT market has only witnessed a huge downfall. The reason for the decline in NFTs is the fading crypto market, especially Ethereum.
On the world's biggest NFT marketplace, OpenSea, sales volume has fallen 75% since May, and looks set to scrape the lowest levels since July 2021, Dune data shows.
1. How Many Buyers Are There? According to nonfungible.com — a site that tracks NFT transactions on popular marketplaces — most days in April and May of 2021 had between 1,000 and 3,000 unique wallets buying NFTs. This was a total of almost 30,000 unique buyers in April and almost 25,000 in May.