Sales of non-exchangeable tokens have increased dramatically, and leading markets are seeing record volumes.

The event was highlighted by Crypto Asset Investment Co-Founder Matt Huang, who posted a screenshot of NFT Market and computer tracker CryptoSlam.

CryptoSlam also reported that most of the trading currently takes place in the secondary markets, which indicates that the holdings of cryptocurrencies change frequently.

CryptoSlam reported that the NBA Top Shot, the basketball team launched in October 2020, is the best-selling NFT platform, with $ 5.8 million transferred in the last 24 hours and $ 68.5 million in the last 30 days.

Top Shot marks the first time the NBA has entered into a blockchain-driven licensing agreement. Speaking to ESPN, NBA Vice President Adrienne O’Keefe said:

“Blockchain is unique. This can be beneficial for future intellectual property owners. We truly believe that blockchain technology has a long and promising life for our business.”
According to data provider NFT, Hashmasks and CryptoPunks are ranked number two and third in terms of sales. The Swiss company Hashmask has a collection of unique digital photos created by a team of more than 70 artists. More than $ 8 million sold in the last seven days, with a rare sale of $ 650,000 at ETH earlier this month.

CryptoPunks are 24 x 24 pixel images, made with algorithms, and sales are floating, with $ 1.5 million transferred in the last 24 hours and $ 13.4 million transferred in the last week, according to CryptoSlam. One of the pictures was sold at the end of January for 605 ETH.

Virtual land sales also increased dramatically, and on February 8, NFT packages in Axie Infinity metavers sold for $ 1.5 million, another new record.

According to The Defiant, cited data from Dune Analytics, the NFT SuperRare market recently exceeded $ 10 million in total sales, of which about 22% were secondary sales.

In NFT’s leading resale market, OpenSea, sales increased 400% in February, from $ 8 million to $ 32 million.

Nifty Gateway is a leading marketplace for crypto art, with volumes aiming to break the previous 30-day record of $ 8.7 million. So far this month, Niftys’ sales have exceeded $ 6 million.

17 of the most expensive cryptocurrency holdings were sold in the last 30 days, for a total of over 100 million dollars.

Source: CoinTelegraph

LEAVE A REPLY