NFT Market Report
NFT Market Report
Looking at trends for the next NFT Market Report.
Global Search demand trend for NFT-related searches in the last 12 months
Data Context for current research:
To evaluate the current success of any NFT platform we must compare it to both:
● The prior two months
● Year-over-year metrics
When we look at year-over-year metrics we need to keep in mind that:
● During this same period a year ago, global search interest in NFTs was at an all-time high
● Global search interest in NFTs over the last two months is at the lowest rate in a year
Any platform or artist growing at this time compared to last year has done so at a time when virtually all its competitors and NFT-related global
search traffic and site visits were at 10% of its year-over-year average.
NFT Market Report
NFT Market Report Defined
What is an NFT Market Report?
In the runup to our release of the 2022 NFT Market Report, we wish to share with you some information on what we believe makes a good NFT Market Report as well as on the methodology we used in creating this report.
2022 NFT Market Report: Release pending
2022 was a wild year for NFTs. A special research report is needed.
Is the NFT market dying?
People have been asking if the market for NFTs is dead. The extent of the ongoing NFT market collapse could also prompt a revaluation of the true value of the tokens. We also see it altering the way in which they are used.
What are we looking at?
Here are some things we are looking at in creating this year’s report. They represent both high-level and hyper-specific cases that shaped and defined the NFT Market in 2022.
Gemini trust: Gemini is a regulated cryptocurrency exchange, wallet, and custodian that makes it simple and secure to buy bitcoin, ether, and other cryptocurrencies.
Fungible token “nft” market: Global Non-Fungible Token (NFT) Market Size to Reach USD 20 billion by 2028
Axle infinity: Axie Infinity is a non-fungible token-based online video game developed by Vietnamese studio Sky Mavis. This game is known for its in-game economy which uses Ethereum-based cryptocurrencies.
Digital artworks: Historic and Contemporary
Dapper labs: Dapper Labs is a consumer-focused flow blockchain product made for fun and games and supports digital collectibles.
Nft marketplaces: There are many and a few are winning out.
Market size: What is the market size for digital goods?
Nba top shot: A successful project that brought NFTs to a new area an audience, or did they?
Key players: Sometimes known as whales. Other keyplayers are platforms and artists. We will look into these as well as major brands and influencers.
The demand for digital is certainly different than supply.
We will also offer a forecast period related to market growth of digital assets from digital artists and brands making global non fungible tokens. The global NFT Market is considered in scope with the Covid-19 pandemic which causes us to invest the impact of the market’s origins. Other interrelated technologies are considered such as smart contracts and blockchain technology.
Who Makes the NFT Market Report
The NFT Market Report is brought to you by independent research conducted by financial analyists and curators with experience in art, tech, and new markets.
VMR has published a 202-page research report on the NFT market space which said that the global NFT market would be valued at $11.3 billion in 2021. This report predicts that the NFT sector will grow by a 33.7 percent compound annual growth rate in the next eight years.
Everything You Need to Know About the NFT Market and Its Most Successful Collectors.
Download our market reports to get a comprehensive in-depth view of the NFT ecosystem.
The best NFT data resource to help you navigate NFT markets with transparency and confidence.
We will be delighted to launch our inaugural analysis of the NFT Marekt, inside and outside of art. This analysis focuses on the sale of NFTs during the period of January 2022 to December 2022. We take a data deep-dive into NFT transactions taking place on Opensea, Superrare, Nifty Gateway, and the biggest curated and uncurated NFT markeplaces. We look at hype and the future.
We know this first edition of the NFT Market Report 2022 will provide new and interesting insights into this fascinating space. Expect us to continue to regularly report and analyze new developments in this market.