NFTs, or non-fungible tokens, are the latest craze to hit the investment market.
To find out more about these tokens as well as how many people own NFTs around the world, take a look at the 20+ stats and facts we collected below.
As of the end of 2021, there are around 360,000 NFT owners who hold around $2.7 million in NFTs between them. 9% of the entire NFT community (around 32,400 NFT wallets) is responsible for approximately 80% of the market value.
In December 2021, Pak’s ‘The Merge’ climbed to the top of the NFT listings when it sold for more than $91.8 million on Nifty Gateway. A total of 28,983 collectors snapped up 312,686 total units of mass to make this the most expensive NFT ever sold.
NonFungible data shows that the average selling price of an NFT has fallen to below $2,000, marking a drop of 83% since January 31, 2022. The all-time high selling price of NFT was $6,900 on January 2, which dropped by about 30% after Russia attacked Ukraine on February 24.
OpenSea was the first marketplace for non-fungible tokens and is the biggest in terms of valuation and traffic. The website has a total trading volume of around $14.68 billion and takes around 90% of all trading volume in the NFT world.
Other popular NFT marketplace include:
|Market||Average price||Number of traders||Volume (in billions)|
|NBA Top Shot||$63.63||492,039||$0.78|
If you’re wondering ‘how much are NFTs?’, the answer is not much– not all NFTs cost billions. In fact, a study found that more than 50% of the NFTs sold for less than $200 and most primary sales were for $100 or less.
Minting an NFT before listing it for sale usually costs between $50-$150. That means that minting 10,000 NFTs would likely set you back $500,000 or more.
The average price of CryptoKitties between 23-30 May was $61. On the market, these NFTs saw a total volume sales of $11,600 and as of May 30, a total of 115,865 people own CryptoKit.
CryptoPunks, which run on the Ethereum blockchain, are incredibly popular because they are extremely rare. The most expensive one to date is CryptoPunks #5822, which sold for more than $23 million on February 12, 2022.
According to the NFT gaming stats, the most popular NFT game is Alien Worlds on the Wax Binance Smart Chain, which had more than 1,100,000 active players in January. Axie Infinity took second place on RONIN and Etherium, with 677,760 users.
|Alien Worlds||Wax, Binance Smart Chain (BSC)||1,160.000|
|Axie Infinity||RONIN, Etherium||677,760|
|Bomb Crypto||Binance Smart Chain (BSC)||561,610|
Young started looking into NFTs after watching an animation called Picasso’s Bull and since then, he has invested about $1 million in around 350 NFTs. Young currently owns ‘The Pixel’, which he bought for $1.36 million, as well as ‘CryptoMother’, an NFT that has both physical and digital characteristics.
One of the most popular NFTs ever, Doge is one of the most famous memes on the web. The NFT meme, which resembles a Shiba Inu named Kabosu, was sold by the dog’s owner, Atsuko Sato, to PleaD for $4 million.
Rapper Snoop Dogg is one of the most popular celebrities to have invested in NFTs, with a portfolio valued at around $19 million. If you’re wondering who has the most NFTs in the world of celebrities, it’s entrepreneur Mark Cuban, whose NFT portfolio is valued at over $500.
Taco Bell was the first food chain to create NFTs. The company launched a collection of 25 different taco-themed NFTs in 2021, which sold in less than 30 minutes on the platform Rarible for $1. Some of the pieces were later resold for $3500.
According to a research conducted in the U.S., millennials are more likely to buy an NFT than any other group. Among Generation X respondents, only 8% said they have bought NFTs, followed by 4% of Gen Zers at 4% and 2% of Baby Boomers.
In a Morning Consult survey, 15% of men said they collect digital collectibles and only 4% of women said the same.
What country buys the most NFT?
According to numbers from Google Trends, the UK placed 21st on the search interest scoreboard regarding NFTs. It scored 36 search interest points in April 2022 and 35 in May.
The top 5 countries that searched for the “NFT” team are:
|Country||April 2022||May 2022|
|Hong Kong SAR||100*||100|
|United Arab Emirates||56||55|
*The numbers in the table indicate the country’s search interest score on a 0-100 scale.
(Wall Street Journal) (DappRadar)
How many NFTs are sold per day? Not as many as before.
Sales of NFTs dropped by 92%, from 225,000 in September 2021 to a daily average of 19,000 in the first week of May, 2022.
This comes after the market had a great 2021 year and saw one of the biggest NFT sales. It recorded $2.4 billion in NFT sales in the first quarter and the NFT trading volume increased by almost $11 billion in Q3.
The NFT market size is anticipated to expand by nearly $150 billion and by 35.27% at CAGR over the next four years. The expected NFT growth is believed to be the result of a growing demand for digital artwork.
During the first three months of this year, there were around 950,000 active wallets that were used to sell and buy, according to Chainalysis. That’s up from 627,000 in Q4 2020.
Trading of art NFTs reached a high of 109.1 thousand between 2021 and 2022, according to NFT sales statistics. Around the same period, between April 15, 2021 and May 15, 2022, the aggregate value of sales involving NFTs in the art sector fluctuated considerably. As of May 15, 2022, the 30-day aggregate sales value was approximately $77.5 million.
35% of esports fans who took part in a study conducted by Morning Consult said they were somewhat interested in collecting NFTs. 20% of all respondents said they were very interested in taking part in the NFT market.
Loaded Lions collection has the highest trading volume on the market. The collection also boasts a little under 10 000 items and has a floor price of $30.
The latest NFT data shows that NFTs are not as popular as they were last year, at least when looking at NFT sales. But, that doesn’t mean that trading NFTs will stop anytime soon – the NFT market is still alive and well, and is expected to expand in the next five years.
NFT sales have dropped by 92%, from 225,000 in September 2021, to an average of 19,000 sales per day in the first week of May 2022.
According to the numbers, collectibles are the most popular form of NFTs, with a 76% market share, followed by NFTs in the art segment, with a market share of 9%.
The NFT market is expected to expand by $147.24 billion between 2021 and 2026.
So far, there are around 360,000 individuals who own NFTs. 9% of the entire NFT community owns about 80% of the total value in NFT items.