In January, trading volume in non-fungible tokens (NFTs) topped $6.86 billion, according to The Block.
Monthly NFT trading volume. Data: The Block.
More than half (61.4%) of the indicator was accounted for by the OpenSea NFT marketplace — $4.21 billion. On January 17, the trading volume of the platform exceeded $3.5 billion.
The second place was taken by LooksRare, launched on January 10 with the help of the so-called “vampire attack”. The developers distributed the native LOOKS token among OpenSea users.
Compared to December, the volume of trading in non-fungible tokens in January increased by 157%. For all of 2021, the figure reached $14.2 billion.
Earlier, Nicolas Poire, vice president of innovation at video game developer and publisher Ubisoft, spoke about the company’s reaction to the sharp criticism by players of the introduction of non-fungible tokens.
Recall that Justin Bieber bought an NFT from the Bored Ape Yacht Club collection for 500 ETH.
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