NFT trading volume grew almost 400 times over the 2021 year

About 88% of the trading volume in the non-fungible token (NFT) 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.

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 cryptoindustry received about $8 billion in investments.

Adam Spencer

Written by Adam Spencer

Author of the section "NFT".

A digital artist who releases his artwork under a pseudonym that is not disclosed on this site. Since childhood is fond of drawing and sculpture. A graduate of the Academy of Fine Arts. Passionate about both the creation of art and its history.

Has not passed him by and modern technology. He makes his works on the computer using a tablet. Master of Photoshop, Illustrator, 3ds Max and other less common specialized programs for designers and artists.

Got interested in NFT back in 2020, even before its popularity peaked. Believes NFT is a great technology that allows little-known artists to show their work to the world.

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