NFT sales boom, but ownership is highly concentrated -Breaking
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This year, trading volumes in various nonfungible tokens verticals have seen a surge.
As of Q4-2021, the combined sales of art and collectible NFTs reached $7.4 Billion. Since January 1, the art NFT market has seen a growth of $17.8 Million to $1.8 Billion in sales. This was Nov. 5, 2021. In 2021 the total NFT market was $55.5million. The market has grown to $5.6 Billion. You can read more about it here reportedAccording to Reuters the NFT total sales increased from $1.3 billion Q2 to $10.7 million Q3.
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