Looking back on the data through 2021, following the trend and looking forward to 2022

NFT market overview in 2021

So far, NFT sales on Ethereum have exceeded 9 billion U.S. dollars in 2021, an increase of 2500% over total sales in 2020.2021 is the first year of the NFT, and in the context of the bull market cycle, the scale of the NFT market has shown an astonishing growth trend, with a market value exceeding tens of billions of dollars.

Looking back on the data through 2021, following the trend and looking forward to 2022

NFT sales (USD) on Ethereum from 2018 to 2021, data source: NonFungible.com, Cointelegraph Research

Collectibles (collectibles) and Art (art) NFT dominate the market in 2021, contributing more than 90% of sales. Early NFT sales were dominated by Collectibles such as CryptoKitties and CryptoPunks. At the end of 2019, as the player base of games such as F1 DeltaTime, Gods Unchained and Decentraland expanded, the number of transactions in the Game NFT category surged. In mid-2020, the number of transactions for Sports and Metaverse NFT projects began to climb. At about the same time, Art NFT also attracted more and more attention, with Beeple’s record sales peaking in January 2021.Although the overall share of Collectibles (collectibles) transactions has declined, they still dominate total sales and leading projects with a significant advantage. The Art category follows Collectibles (collectibles) in sales, reflecting that Art (arts) and Collectibles (collectibles) also have higher valuations.

Looking back on the data through 2021, following the trend and looking forward to 2022

Monthly sales volume of different types of NFTs, data source: NonFungible.com, Cointelegraph Research

Looking back on the data through 2021, following the trend and looking forward to 2022

Different types of NFT monthly sales (USD), data source: NonFungible.com, Cointelegraph Research

The popularity of the concept of P2E (Play to earn) has fundamentally changed the distribution of economic power among different stakeholders in the game ecosystem. The market expects that as the NFT market matures, GameFi will become the next NFT growth point. In March 2021, Blockchain games with the GameFi concept began to rise, and in July, GameFi games represented by Axie Infinity ushered in explosive growth. Take the Metaverse games Decentraland and The SandBox as examples. Each piece of land in the game corresponds to an NFT, and the owner of each NFT represents that it has the ownership of the land and can create and modify it.

GameFi is a combination of DeFi+Game+NFT, which mainly benefits from the maturity of DeFi and NFT technologies and products. NFT has provided GameFi with a living soil and has become one of the value carriers of its in-game economic system, making the market performance of many GameFi projects outstanding, and making GameFi quickly become one of the hottest fields this year.

In turn, GameFi has also promoted the continued popularity of NFT . The characteristics of NFT make it gradually become a wide range of circulating commodities and payment methods in the fields of games, Metaverse world, etc., possessing attributes such as collection, preservation, and circulation, and powerfully become the support of the Metaverse economic system and promote the further explosion of NFT.

Although transaction fees are usually higher than NFT prices, Ethereum currently processes more than 80% of sales.However, due to lower transaction costs and energy consumption, alternative Layer one solutions, including Flow, Tezos and Wax, are becoming more and more common.

Looking back on the data through 2021, following the trend and looking forward to 2022

Blockchain supporting NFT, data source: NonFungible.com, Cointelegraph Research

The data shows that the Ethereum blockchain is more energy intensive than other alternatives (such as Tezos). In 2021, transactions on Tezos are more than 35,000 times more energy efficient than transactions on Ethereum. From this perspective, a single transaction on Ethereum requires approximately 30 kWh, which is equivalent to powering a house for a whole day in the United States. In contrast, transactions on Tezos consume 0.0016 kWh or less than the energy required to charge the Apple Tablet for 10 minutes.

Looking back on the data through 2021, following the trend and looking forward to 2022

Monthly transaction volume (unit: USD) and transaction volume (unit: units) of the top NFT market, data source: NonFungible.com, Cointelegraph Research

Under the leadership of Ethereum’s DApps (decentralized applications) OpenSea and Rarible, NFT sales in the top market have shown an amazing growth curve. However, the growth of these platforms is limited by the high transaction fees of Ethereum (Ethereum) . The above figure shows that alternative, cheaper blockchain competitors such as Tezos and BSC are gaining more market share.

Entering the whitelist can effectively increase the ROI of investing in NFTs. OpenSea data shows that 75.7% of users who were whitelisted and subsequently sold their newly minted NFT profited, while only 20.8% of users who were not whitelisted profited.

Looking back on the data through 2021, following the trend and looking forward to 2022

NFT minting purchase share by ROI multiplier (whitelisted vs. non-whitelisted buyers on Opensea), data source: “The Chainalysis 2021 NFT Market Report”

A large investment amount and a diversified investment portfolio are more effective for resale strategies. According to OpenSea data, the top 30% of addresses account for 87% of all NFTs for resale and 107% of all realized revenue.

Looking back on the data through 2021, following the trend and looking forward to 2022

Concentration of NFT resale share and NFT resale revenue share by address on OpenSea, data source: “The Chainalysis 2021 NFT Market Report”

DAO is booming, DAO stands for decentralized organization, and its full name is Decentralized Autonomous Organization.DAO is a form of organization that encodes the organization’s management and operating rules in the form of “smart contracts” on the blockchain, so as to operate autonomously without centralized control or third-party intervention. DAO is expected to become a new type of effective organization to deal with uncertain, diverse and complex environments. 2021 witnessed the market sensation caused by DAO, PunksDAO sparked heated discussion, and witnessed the early success of DAO such as FingerPrints, Flamingo and PleasrDAO. 2022 will be a year of explosive growth of DAO.

Looking back on the data through 2021, following the trend and looking forward to 2022

DAO’s market panorama, data source: Mirror, Coopahtroopa

More information: At a glance NFT DAOs layout: social DAO, crowdfunding DAO, collectible DAO…

2021 NFT data analysis

Significant increase in NFT attention-Google search volume surges

We can see the global netizens’ attention to the NFT ecology from the Google search volume of NFT. Using Google Trends to monitor the search volume of keywords “NFT”, “E**” and “Metaverse”, we can see the trend in the figure below , NFT search volume began to increase from the beginning of 2021, there was an increase in search volume in February, and then continued to maintain popularity, another increase in search volume in August, and the third time node from October to December has a larger search volume The increase in search volume from October to December jumped most significantly. The number 100 on the left axis represents the highest point of the relative search volume of keywords on the chart with respect to a given area and time. The search popularity of NFT is higher than that of E** and Metaverse, and it peaks at the end of 2021. The search popularity of E** is relatively stable throughout 2021. Metaverse has a significant increase around October 2021. Overall, 2021 This year is indeed the first year of the NFT outbreak, and the popularity continues to rise. From a trend point of view, the NFT popularity will continue to rise in 2022.

Looking back on the data through 2021, following the trend and looking forward to 2022

The relative search volume of “NFT”, “ETH” and “Metaverse” on Google-Global statistics in 2021 Source: Google Trends, NFT Labs

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

“NFT”, “ETH” and “Metaverse” search popularity on Google by region-global statistics in 2021

Data source: Google Trends, NFT Labs

As can be seen from the figure, the concepts of NFT and ETH are very popular all over the world except for a small number of regions.

Looking back on the data through 2021, following the trend and looking forward to 2022

“NFT”, “ETH” and “Metaverse” Top 10 Search Topics on Google-Global Statistics in 2021

Data source: Google Trends, NFT Labs

The analysis of the top 10 related topics and queries related to “NFT”, “E**” and “Metaverse” shows that the most interesting topics among the related terms of NFT search are the nature of NFT and how to trade NFT This also proves that NFT is rapidly popularized in 2021, attracting many newcomers who are willing to participate in the NFT ecosystem and conduct transactions. As the largest NFT trading platform, Opensea has a huge search volume. The related terms of E** search are more in comparison with the US dollar fiat currency, and the search on gas fee is not very advanced. The most interesting topics among the related terms searched by Metaverese are the nature of Metaverse, the relationship between Metaverse and blockchain, and the rename of Facebook Facebook Meta.

Looking back on the data through 2021, following the trend and looking forward to 2022

 Monthly traffic share of NFT market by region (2021.1.21–2021.10.21)

Data source: “The Chainalysis 2021 NFT Market Report”

From the chart, we can see that we see a strong combination of Web visits from multiple regions, including Central and Southern Asia, North America, Western Europe, and Latin America in a leading position. This figure shows that, like traditional cryptocurrencies, NFT has achieved global popularity. Since then, no region has accounted for more than 40% of monthly network visits.

As the most popular NFT market, the analysis of OpenSea can see the overall NFT growth. There are more than 6,000 NFT collections on OpenSea that have undergone at least one transaction, including buying, selling or minting. This activity is on the rise, because the number of active NFT sets-which we define as people who have experienced at least one transaction in any given transaction-has risen significantly since March 2021.

NFT market value exceeds tens of billions of dollars

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 NFT market value (2021.1.1-2021.12.29) data source: nftgo.io

According to the data of nftgo.io, as of December 29, 2021, the market value of NFT reached 10.49 billion U.S. dollars. Compared with 61.74 million U.S. dollars on January 1, 2021, the market value surged 170 times. In the first half of 2021, it grew steadily. The growth rate increased in half a year.

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 NFT market value (2021.8.1-2021.8.31) data source: nftgo.io

In August 2021, the NFT market value growth curve was steep. On August 31, it was nearly 4 billion U.S. dollars, with a monthly growth rate of 400%. This is evident in the popularity of the NFT market.

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 NFT market value (2018.1.1-2018.12.30) data source: nftgo.io

According to data from nftgo.io, from January 1, 2018 to December 30, 2018, the market value of NFT increased from 13.4 million U.S. dollars to 22.39 million U.S. dollars, an annual growth rate of 67%.

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 NFT market value (2019.1.1-2019.12.31) data source: nftgo.io

According to data from nftgo.io, from January 1, 2019 to December 31, 2019, the market value of NFT increased from $22.44 million to $27.59 million, an annual growth rate of 23%.

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 NFT market value (2020.1.1-2020.12.31) data source: nftgo.io

According to data from nftgo.io, from January 1, 2020 to January 11, 2021, the market value of NFT increased from 27.62 million US dollars to 61.74 million US dollars, an annual growth rate of 124%.

Comparing the NFT market value data from 2018 to 2021, the annual growth rates are 67%, 23%, and 124%, respectively. As of December 29, 2021, the NFT market value exceeds tens of billions of dollars.

NFT trading volume has soared-the highest daily trading volume is 570 million U.S. dollars

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 NFT daily trading volume (2021.1.1-2021.12.29) data source: nftgo.io

According to data from nftgo.io, as of December 29, 2021, the daily trading volume of NFT has ranged from USD 270,000 on January 1, 2021 to USD 52.11 million on December 29, 2021. The trading volume in the first half of 2021 stabilized, and the trading volume in the second half of 2021 has a significant amplitude.

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 NFT daily trading volume (2021.8.28 left picture, 2021.10.28 right picture) Data source: nftgo.io

During August, the popularity of the NFT market reached its peak. According to data from OpenSea, the largest NFT trading platform, the highest transaction peak was on August 29, when the transaction volume exceeded 300 million U.S. dollars. But since then, the activity has plummeted. On September 8th, the turnover has fallen below 100 million U.S. dollars, a drop of nearly 70% from the highest point.

As the source of this round of NFT explosion, CryptoPunks has always been an iconic NFT vane. On August 23, under the influence of Visa purchase and the entry of many bigwigs, there was a FOMO boom, and 16,000 Ether was traded in just 4 hours. Less than a week later, the floor price of CryptoPunks was pushed up to 140 ether, almost doubled.

According to data from nftgo.io, the highest daily trading volume in 2021 appeared on October 28-570 million U.S. dollars, 2089 times the daily trading volume on January 1, 2021. While the market value surged, the trading volume also exploded. . The second highest daily trading volume in the whole year occurred on August 28, with a daily trading volume of 400 million U.S. dollars. On August 28, OpenSea’s transaction volume reached US$235 million, a record high. Among them, the transaction volume of Crypto Punks exceeded 44,500 Ether, or about 143 million U.S. dollars, ranking first. On the same day, NBA star Curry replaced his Twitter account avatar with the image of a monkey. And this unremarkable portrait was bought by him for 55 ethers and about 180,000 U.S. dollars.

The annual growth rate of the number of NFT holders exceeds 700%

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 Number of NFT holders (2021.1.1-2021.12.29) Data source: nftgo.io

According to data from nftgo.io, as of December 29, 2021, the number of NFT holders has increased from 194,108 addresses on January 1, 2021 to 1,384,142 addresses on December 29, 2021, representing an increase of 713% . The growth curve of NFT holders in the first three quarters of 2021 has been smooth. In the fourth quarter of 2021, the number of new NFT holders has increased significantly. There were three NFT holders jumping nodes in early November, late November and mid-December.

Looking back on the data through 2021, following the trend and looking forward to 2022

 Number of NFT traders (2021.1.1-2021.12.29) Data source: nftgo.io

As of December 29, 2021, the number of NFT traders has grown steadily and slowly in the first half of 2021, and there will be a boom in the second half of 2021. Sellers and buyers have increased simultaneously and dramatically. Generally speaking, there are more buyers than sellers.

The number of buyers and sellers represents the changing trend within the NFT ecosystem. If there are more buyers than sellers, it proves that there are more new people who want to enter the NFT ecosystem than new people who want to realize assets; on the contrary, if there are more sellers than buyers, it means that people are selling assets. Therefore, the persistent gap between the number of buyers and sellers is a good indicator of the active development of the ecosystem.

The above picture also confirms the prosperity and development of the NFT ecosystem. More people enter the NFT ecosystem. The “network effect” allows more people to enter the NFT ecosystem, thereby generating higher value and attracting more new people to enter. Positive circulation. (Network Effect: Network effect is also known as network externality or demand-side economies of scale, demand-side economies of scope (corresponding to production-side economies of scale), which refers to the value of the product along with the consumer’s purchase of this product and its compatible products Increase in number)

NFT investment and financing are hot

Looking back on the data through 2021, following the trend and looking forward to 2022

NFT-related industry financing volume and amount trend (January-September 2021) Data source: 01 Blockchain

The explosion of the NFT market has drove capital rushing. In 2021, the major NFT platforms will quickly complete a round of financing of more than tens of millions of dollars: In March, OpenSea and SuperRare announced the completion of $23 million and $9 million in Series A financing; subsequently, NFT Platforms Bitski and Rarible also quickly followed up with US$19 million and US$14.2 million in Series A financing.

Judging from the global NFT industry investment and financing data, from January to September 2021, the number of NFT investment and financing, except for a significant decline in June this year, maintained an upward trend in the remaining months. The number of financing in September reached the highest value of 38. From the perspective of financing amount, the amount of NFT financing showed large fluctuations, and reached the highest value in September, close to 1.35 billion U.S. dollars.

Looking back on the data through 2021, following the trend and looking forward to 2022

 The trend of single average financing amount in each month (January-September 2021) Data source: 01 Blockchain 

According to the public financing amount projects, from the perspective of the average financing amount of a single project in a single month, the average monthly financing amount in March, July and September is higher than other months. Among them, in September, when the amount of financing was the highest, the single The average financing amount is still close to 35.5 million, which is the highest monthly average financing amount this year.

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

 NFT-related industry financing round distribution map (left) Amount interval distribution map (right) (January-September 2021) Data source: 01 Blockchain 

From the perspective of financing rounds, strategic investment, seed/angel, and A rounds are the main financing methods of NFT-related industries. There were 81, 74 and 20 cases respectively, accounting for 41%, 38%, and 10%. In addition, there were 7 cases in round B, 2 cases in round C and mergers and acquisitions, and 1 case in round D, ICO, and equity crowdfunding. Fifty-one percent of the investment projects have a financing amount in the range of US$1-10 million. There were 30 and 9 financing incidents of tens of millions of US dollars and hundreds of millions of US dollars, accounting for 15% and 4% of the total.

NFT application scenarios in 2021

The initial main application scenario of NFT is virtual collection. Since each NFT is unique and irreplaceable, the use of NFT to encode artworks is in line with the scarcity characteristics of artworks, which makes them very valuable to collectors, artists, and other sellers.

The new NFT project is not only the future of merchandise sales, but also provides musicians with a new way to protect copyright in the era of streaming media and digital content sharing, and creates new economic profit methods for game developers. Although NFT was originally used in art collections, due to its uniqueness and value, NFT has developed into a way for some people to display their wealth and identity by owning NFT. In the future, NFT as a digital collection will also be widely used in the DeFi field, gradually expanding from art investment to a wider range of rare collections, real estate, loan collateral and other fields.

Looking back on the data through 2021, following the trend and looking forward to 2022

The most popular NFT series weekly trading volume (2021.3–2021.10)

Data source: “The Chainalysis 2021 NFT Market Report” 

CryptoPunks, as the most popular NFT Collectibles in the time period in the picture, was established in 2017, long before the current NFT boom, but the popularity has continued to maintain its leading position.

We can also see from the chart that some new projects such as Hashmasks had a transaction volume of US$380 million in the week of July 4, 2021, but the popularity only lasted for a short period of time. A similar pattern can be seen in the weekly trading volume in Mutant Ape Yacht Club. The huge exposure and popularity at the beginning have also cooled down very quickly.

A brief analysis of 2021 phenomenon-level NFT projects

Bored Ape Yacht Club

In early May 2021, Bored Ape Yacht Club (BAYC) was born. The full name of BYAC is Bored Ape Yacht Club. It is a collection of 10,000 apes NFTs, including hats, eyes, looks, clothing, backgrounds and other 170 attributes with different rarities. 10,000 unique apes were randomly combined by programming, and each ape has a different expression and dress.BAYC can definitely be said to be the best-performing NFT series in 2021. Whether in terms of price increase, popularity, social capital, etc., BAYC has led a collection of NFT avatars to a height that was unimaginable before.

Looking back on the data through 2021, following the trend and looking forward to 2022

 Bored Ape Yacht Club (BAYC) market value, number of holders, 24-hour trading volume and floor price data, data source: nftgo.io

Looking back on the data through 2021, following the trend and looking forward to 2022

 The market value change curve of Bored Ape Yacht Club (BAYC) (2021.4.23–2021.12.30), data source: nftgo.io

Looking back on the data through 2021, following the trend and looking forward to 2022

 BAYC’s trading volume & liquidity (left picture) BAYC holders & traders change curve (right picture) (2021.4.23-2021.12.30), data source: nftgo.io

As of December 29, 2021, the total market value of Bored Ape Yacht Club (BAYC) is close to 600 million U.S. dollars, with a total of 6002 holders. The transaction volume in the past 24 hours is 9.8 million U.S. dollars, and the floor price is 58.5 ETH.Unlike Hashmasks, which was a smash hit but quickly fell to the altar, BAYC’s popularity continues to hit new highs, and both market value and transaction volume are on the rise. The liquidity since its release is 232.47%, (liquidity is an indicator used to reflect the relative liquidity of assets. Liquidity = transaction volume / total supply of NFT * 100%) is much higher than Hashmasks, and holders and Hashmasks The numbers are in the range of 5000-6000.

Looking back on the data through 2021, following the trend and looking forward to 2022

 Top ten transaction records of Bored Ape Yacht Club (BAYC) (2021.4.23–2021.12.30), data source: nftgo.io

As of December 30, 2021, the NFT work of Bored Ape Yacht Club (BAYC) with the highest transaction price is “Bored Ape Yacht Club #3749”, which was last sold for 740 ETH on September 7, 2021 (approximately US$2,924,442).

Loot (for Adventurers)

Loot (for Adventurers) is an NFT launched on the Ethereum blockchain on August 27, 2021. Loot is a randomly generated adventurer’s equipment and stored on the blockchain. Statistics, images, and other functions are intentionally omitted for explanation by collectors. Generally speaking, Loot is a kind of on-chain NFT with a black background and only contains text. Anyone can participate in the casting, and a set of fantasy adventurer equipment in the form of text will be randomly obtained. These equipment have the rare characteristics of random distribution. . Each loot contains 8 types of equipment, so there are 8 lines of text, and each line represents a type of equipment. Each equipment is related to the following: Weapons, Chest Armor, Head Armor, Waist Armor, Foot Armor, Hand Armor, Necklaces, Rings. However, the interpretation of the various combinations depends entirely on the community.

The reason why Loot has gained great attention is that it has changed the way in which NFT digital avatars are created. People have changed from passively accepting digital avatars created by the project party to digital avatars co-innovated by the community. There are communities. Now Loot proposes existing communities and then co-creates a new paradigm of NFT products, which is more in line with the core of blockchain decentralization.

Looking back on the data through 2021, following the trend and looking forward to 2022

 Loot (for Adventurers) market value, number of holders, 24-hour trading volume and floor price data, data source: nftgo.io

Looking back on the data through 2021, following the trend and looking forward to 2022

 Loot (for Adventurers) market value change curve (2021.8.27-2021.12.30), data source: nftgo.io 

Looking back on the data through 2021, following the trend and looking forward to 2022

 Loot (for Adventurers) transaction volume & liquidity (left picture) Loot (for Adventurers) holders & traders change curve (right picture) (2021.8.27–2021.12.30), data source: nftgo.io 

As of December 30, 2021, the total market value of Loot (for Adventurers) is close to 160 million U.S. dollars, with a total of 2,521 holders. The transaction volume in the past 24 hours is close to 80,000 U.S. dollars, and the floor price is 1.88 ETH.

The overall liquidity is good, and the transaction volume reached its peak when the project was launched. As Loot lacks a way to capture the follow-up value, the current performance of the secondary market is not as good as expected, and the transaction volume is cold.

Looking back on the data through 2021, following the trend and looking forward to 2022

 Top ten transaction records of Loot (for Adventurers) (2021.8.27–2021.12.30), data source: nftgo.io 

As of December 30, 2021, Loot (for Adventurers)’s NFT work with the highest transaction price is “Bag #748”, which was last sold for 420.69 ETH on October 3, 2021 (approximately US$1,437,597).

CryptoPunks

Looking back on the data through 2021, following the trend and looking forward to 2022

CryptoPunks market value, number of holders, 24-hour trading volume and floor price data, data source: nftgo.io 

Looking back on the data through 2021, following the trend and looking forward to 2022

The market value change curve of CryptoPunks (2017.6.12–2021.12.28), data source: nftgo.io 

Looking back on the data through 2021, following the trend and looking forward to 2022

CryptoPunks transaction volume & liquidity (left picture) CryptoPunks holders & traders change curve (right picture) (2021.1.1–2021.12.28), data source: nftgo.io

CryptoPunks are 10,000 24×24, 8bit style irregular pixel images, released in June 2017 by Larva labs, a software company in New York. These pixel avatars are stored on the Ethereum blockchain after they are created. Each avatar has its own proof of ownership. CryptoPunks can be counted as one of the earliest NFTs on Ethereum. CryptoPunks inspired many digital currency artists and even promoted the development of the ERC-721 token standard for digital collectibles.

As of December 30, 2021, the total market value of CryptoPunks was close to 1.58 billion U.S. dollars, with a total of 3,301 holders, and the transaction volume in the past 24 hours was 4.66 million U.S. dollars. The popularity of CryptoPunks can be seen from the substantial change curve. 2021 is the year of explosion for CryptoPunks, and the popularity of 2021 will not decrease. Today, CryptoPunks has a high barrier to entry, but speculation in the market is not serious, with good liquidity and a strong willingness to hold for a long time.

Looking back on the data through 2021, following the trend and looking forward to 2022

Different types of NFT market capitalization ratio (as of December 29, 2021) Data source: nftgo.io 

According to nftgo.io, NFT is divided into ten categories, namely Avatar (avatar/virtual avatar), Collectibles (series combination), Art (art), Game (game), Metaverse (metaverse), Utility (tool), IP (Intellectual Property), Social (Social), Music (Music) and Defi (Decentralized Finance), as of December 29, 2021, the proportions of the above ten categories are respectively 48.53%, 23.76%, 11.54%, and 6.43 %, 4.22%, 2.5%, 1.42%, 1.28%, 0.26% and 0.05%.

Avatars (avatars/virtual avatars) are a great success, accounting for about half of the market value of the NFT market, totaling close to 6 billion U.S. dollars. Collectibles (series combination) are close behind, and the market value of the top three categories of NFTs accounts for over 80%.

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

The proportion of different types of NFT transactions (as of December 29, 2021) Data source: nftgo.io 

Different types of NFT transaction volume distribution data and market value distribution confirm each other. The larger the market value, the greater the transaction volume. However, from the data of 24H/7D/30D, the transaction volume of Avatar (avatar/virtual avatar) is decreasing. Collectibles (series combination) and Metaverse (metaverse) transaction volume is increasing. The types of participation in the NFT market are constantly enriched. From the beginning there was only Avatar (avatar/virtual avatar) to ten categories today. While expanding the categories, the market cake is also expanding rapidly.

Looking back on the data through 2021, following the trend and looking forward to 2022

Different series of NFT market capitalization ratio (as of 2021.12.29) Data source: nftgo.io 

According to data from nftgo.io, as of December 29, 2021, the NFT series with the highest market value is CryptoPunks, accounting for 15.7%; followed by Art Blocks, Bored Ape Yacht Club, Mutant Ape Yacht Club and The Sandbox, accounting for 8.08%, 5.94%, 3.15% and 2.07% respectively.

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

Looking back on the data through 2021, following the trend and looking forward to 2022

The proportion of different series of NFT transaction volume (Figure 1: All historical data as of December 29, 2021, Figure 2: December 2021 data, Figure 3: Data for the last week of December 2021, Figure 4: December 29, 2021 Daily data) Data source: nftgo.io

Judging from the historical data of all NFT transaction volume as of December 29, 2021, it is consistent with the NFT market capitalization data. However, from the data of 24H/7D/30D, there will be some interesting findings. The series that occupy the top of the list by transaction volume take turns to play. On December 29, 2021, the top of the 24H list is 10.78% of Mutant Ape Yacht Club, and the last one in December 2021. The top of the week is still Mutant Ape Yacht Club, which accounted for 13.38%, and the popularity continues. From the data of December 2021, RTFKT CLONE X + Murakami jumped to the top of the list, accounting for 8.1% of the monthly transaction volume. The 24H/7D/30D data seems to be inconsistent with the historical capital . New and explosive projects are constantly emerging in the NFT market, and the future can be expected.

NFT Labs only provides relevant information and does not constitute any investment advice.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/77933-2/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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