NFT Industry Report 2021 From DappRadar
The following is the NFT Industry Report 2021 From DappRadar recommended by recordtrend.com. And this article belongs to the classification: Blockchain, research report.
NFT, that is, non homogeneous token, refers to a person who has the management right of blockchain. NFT game refers to the game of NFT concept. The NFT sector has experienced one of the most impressive expansions on the whole, with more than $23 billion in transactions this year. The integration of the holder’s proof of ownership and intelligent computing process has subverted the way we treat digital art and collections. Cryptopunks, bored ape Yacht Club (bayc) and art blocks have become synonymous with NFT explosion.
Hollywood, sports stars and major brands such as Coca Cola, Gucci, Nike and Adidas have made breakthroughs in this field and provided different degrees of exclusive services for NFT. The attraction of these well-known brands has had a far-reaching impact on the NFT and blockchain industries. In addition, NFT came to famous traditional art auction houses, such as Christie’s and Sotheby’s, which opened a door for mainstream audiences. The NFT was named “word of the year” to illustrate everything.
Key points
In 2021, the blockchain industry will expand in different vertical fields; The number of daily only active wallets connected to DAPP has increased sevenfold, reaching an all-time high of 2.7 million by the end of 2021.
The NFT market has experienced its best year ever, with a trading volume of more than $23 billion, while the market value of the top 100 NFT collections is $16.7 billion.
In the news that Facebook changed its name to meta, metacosmic narration became the mainstream; The blockchain virtual world has generated a transaction volume of more than US $500 million, reaching an all-time high market value of US $3.6 billion.
Under the guidance of axie infinity, winning the revolution has reached a new height; 49% of the industry’s only active wallet (1.4 million) is related to blockchain games, driving the NFT transaction volume of games to reach US $4.5 billion in 2021.
New competitors of Ethereum, such as Solana, avalanche and Terra, are welcomed in the field of defi; TVL in the industry increased 7 times year-on-year, exceeding US $200 billion, of which nearly 60% are still concentrated in Ethereum.
The blockchain industry has taken a big step towards large-scale adoption; Well known venture capitalists, brands and celebrities have joined the field, attracting more than $27 billion of funds to cryptocurrency and blockchain companies.
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