NFT Global
  • NFT Global Whitepaper
  • Introduction
    • NFT Market Place Composition
    • NFT Market Place Composition
    • NFT Market Place Composition
  • NFT Global Platform
    • NFT Global Platform
  • NFT Global USPs
    • Artist
    • Traders and Collectors
    • Reviews
    • Cases
  • NFT Global Core Features
    • NFT Marketplace
    • Gaming Platform
    • Launchpad
    • Transactions Contract Management
    • Simple and Powerful User Interface
    • NFT Global Wallet
    • Asset Listing
  • Tokenomics
    • Tokenomics
    • Tokenomics
  • NFT Global Roadmap
    • 2021 Q3
    • 2021 Q4
    • 2022 Q1
  • Conclusion
Powered by GitBook
On this page

Introduction

PreviousNFT Global WhitepaperNextNFT Market Place Composition

Last updated 3 years ago

The blockchain-based NFT was created to give digital assets a unique marker. NFT also provides a cross-border clearing and settlement platform, enabling non-fungible digital assets to be mapped onto the exchange chain. The entire NFT market grew by 2800% in just 2020. This value tripled in less than 3 months of 2021, making the NFT growth an aggregated 6000% from 2020. NFT is valuable because it is authentic, transferable, and provides ownership. The statistics show that, in the global NFT market, the top 3 NFT applications are collection, arts, and sports.

They accounted for 48%, 43%, and 4% of the global NFT market in Q1 2021, with respective market sizes of $960 million, $860 million, and $0.8 billion.