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
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  1. Introduction

NFT Market Place Composition

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Last updated 3 years ago

2021 has turned out to be the year of NFTs, with sales and volumes reaching new and record heights. In 2018, the market value of the entire NFT space was less than $50 Million, and now it is well into the billions.

The digital asset market, estimated at $32 billion, has grown significantly over the past three years. This explosion introduced decentralized application platforms (DApps), which use smart contract protocols and ensure digital asset management. Platforms drive blockchain technology adoption, with digital assets coming into action in the 370 billion markets generated by collectibles.

2017-2021 NFT Total Market Capitalization and Forecast (in US$)