The market for NFTs has more than slightly increased: it is, per Reuters, surging. In 2020, the first half of the year saw sales ranging in the dollar amounts of $13.7 Million. By comparison, 2021 already has sales in the realm of $2.5 BILLION.
Since March 2021, there are more buyers than sellers, per nonfungible.com.
In March, Beeple’s ‘The First 5000 Days’ sold for $69.346M.
CryptoPunk #3100 was bought March 11th for $7.584M.
CryptoPunk #7804 was sold on March 10th for $7.566M.
CryptoPunk #6965 was sold on February 19th for $1.608M.
CryptoPunk #4156 was sold on February 18th for $1.306M.
Other Notables
Nyancat sold for $603k
NBA Top Shot NFTs have been selling well.
CrOSSROAD, also by Beeple, has sold for $6.66M.
The first Tweet ever has sold for $2.9M.
Notable Platforms
NBA’s Top Shot platform is blockchain-based and works to let users buy and sell official NBA-licensed collectible highlights like they’re baseball cards in the form of “Moments.” So far, this platform has nearly $350M in total sales since going live in late 2020, more than three quarters of that amount processed in the past month alone.
CryptoPunks are 24×24 pixel art images created by an algo made by Larva Labs, a New York based software firm. There are 10,000 distinct CryptoPunks were free, initially, claimable by anybody with an Ethereum wallet. However, the only way to get one of these pixelated images is on the digital marketplace. Each CryptoPunk is its own NFT. They’ve made more than $100M in a single month earlier this year.
Resources
1: https://www.reuters.com/technology/nft-sales-volume-surges-25-bln-2021-first-half-2021-07-05/
