30 NFT Statistics to Understand in 2022 [Market, Sales & Trends]

Digital assets have become all the rage over the past few years. As our world has become more dominated by technology, we’ve increasingly sought to turn the tangible into the digital.

In essence, NFTs are cryptographic digital assets with unique codes and metadata. The tokens are virtual representations of digital or tangible items and can represent virtually anything.

What are Non-Fungible Tokens (NFTs)?

Now that you know the basics of NFTs, here are some interesting statistics to understand NFTs in 2022.

NFT Statistics

1

The NFT market cap is worth more than $7 billion as of November.

NFT Market Cap

2

Millennials are three times as likely as Gen Zers to buy and sell NFTs.

Millennials Like NFTs Most

3

OpenSea is the first and largest NFT marketplace with over $6.5 billion in trading volume.

First and Largest NFT Marketplace

4

NFT sales have grown 131 times from the first quarter of 2020 to the first quarter of 2021, which saw $2 billion in sales.

NFT Sales Volume

5

The largest sale in NFT market history is Pak’s “The Merge.” It sold on December 2nd, 2021, for 91.8 million dollars, making it the most expensive NFT sold to date.

Largest NFT Sale in History

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