Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => NFTs & Collectibles => Topic started by: Casual on July 07, 2021, 01:39:55 AM
-
Sales of NFTs have totaled 10,000 to 20,000 every week since March, with buyers still outnumbering sellers. NFTs are cryptographically unique tokens that can be linked to digital content such as art and music. This time last year, sales of NFTs stood at just $13.7 million. But in the first quarter of 2021, interest in the digital assets exploded as they burst onto the art world, with one NFT selling for a record-breaking $69 million at the height of the craze in February. Some predicted a bubble about to burst. Individual NFTs have continued to sell for millions of dollars; just last week, world wide web creator Tim Berners-Lee sold an NFT representing the web's source code for $5.4 million, while in late June, digital artist FEWOCiOUS sold a collection of NFTs for $2.1 million.source (https://decrypt.co/75301/nft-sales-volumes-hit-2-5-billion-for-first-half-of-2021)
-
The Criptocurrency market of best NFT Last month, the auction house sold a CryptoPunk NFT for $11.8 million to DraftKings’s largest shareholder, Shalom Meckenzie. Also last month, Sotheby’s auctioned off World Wide Web inventor Tim Berners-Lee’s 30-year-old source code of his invention as an NFT for $5.4 million.
-
Not surprised by these statistics + thanks for sharing. I noticed Crypto Punks index (Punk-Basic (https://www.coingecko.com/en/coins/punk-basicl)) continues to outperform Bitcoin in recent months, while now getting close to it's ATH value against Ethereum again after some up and down price action. Therefore, this form of "crypto property" appears to be more valuable than the most valuable crypto currencies, somewhat unsurprisingly. Property > Currency, as per usual.
Of course objectivity the USD price has remained flat, or gone sideways, but given BTC/ETH considerable decline in recent months, this means these NFTs are holding their value much better at the moment. Take it as you will, but given this collection is the first and the most valuable, it serves as a leading indicator that the value of the NFT market is here to stay, one that many assumed would be passing faze. Clearly not it seems.
-
Sales of NFTs have totaled 10,000 to 20,000 every week since March, with buyers still outnumbering sellers. NFTs are cryptographically unique tokens that can be linked to digital content such as art and music. This time last year, sales of NFTs stood at just $13.7 million. But in the first quarter of 2021, interest in the digital assets exploded as they burst onto the art world, with one NFT selling for a record-breaking $69 million at the height of the craze in February. Some predicted a bubble about to burst. Individual NFTs have continued to sell for millions of dollars; just last week, world wide web creator Tim Berners-Lee sold an NFT representing the web's source code for $5.4 million, while in late June, digital artist FEWOCiOUS sold a collection of NFTs for $2.1 million.source (https://decrypt.co/75301/nft-sales-volumes-hit-2-5-billion-for-first-half-of-2021)
NFT is considered a revolution in the crypto world and it's also beneficial for those who are selling their arts using cryptocurrency. NFT will lead the ART world in the future.