OpenSea Sees Large Quantity, Collections Achieve Recognition as NFTs Increase in 2022

After a record-breaking 12 months in 2021, the marketplace for non-fungible tokens (NFTs) continues to…

After a record-breaking 12 months in 2021, the marketplace for non-fungible tokens (NFTs) continues to be not displaying any indicators of slowing, with NFT market OpenSea seeing considered one of its greatest days on file on Monday, and gross sales of the favored Bored Ape Yacht Membership assortment crossing the USD 1bn mark.

With a complete of USD 255.9m altering hands-on OpenSea on January 3, the day marks the best quantity for a single day since August, when the NFT mania reached its peak and gave approach for a slowdown in exercise through the fall, in keeping with knowledge compiled by the consumer rchen8 on Dune Analytics.

­The excessive determine on January 3 marks a soar from USD 243m on January 2 and near USD 170m on January 1, the information confirmed.

USD quantity on OpenSea:

Supply: @rchen8/Dune Analytics

In the meantime, cumulative gross sales of digital artwork items from the ten,000-piece Bored Ape Yacht Membership assortment reached the USD 1bn milestone through the first few days of 2022. The USD 1bn mark was crossed after gross sales of the NFTs on January 1 and a pair of reached ranges not seen since November, in keeping with knowledge from CryptoSlam.

See also  How does Netflix use knowledge science? Netflix Technique