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Non-fungible tokens or NFTs are soaring in value. Average prices rose tremendously throughout 2021, sparking a wave of interest in these uniquely identifiable digital assets. Buyers are often speculators, believing that if they get in early, they’ll sell higher in the future.
However, NFTs are a relatively new concept, and many people are still trying to get their heads around the underlying factors. In this post, we run through the most important NFT statistics to give you a better idea about some of the potentially lucrative trends.
Transactions in NFTs increased significantly during the summer of 2021, as several tokens gained popularity. Most of these transactions were likely related to play-to-earn Vietnamese video game Axie Infinity, which became the world’s most valuable NFT collection in August 2021 — although its sales volume did decline since. The gaming segment reported the highest sales volume of the non-fungible token (NFT) market in 2020, with over six times the sales in sports projects. In that year, this segment accounted for roughly 23 percent of the total sales revenue in the NFT market.
The market cap of NFT, or non-fungible tokens, shows a fast moving development, growing more than 3,000 percent between 2020 and 2021. The source of these figures states that coming up with a market capitalization for a market this young is «a tricky exercise» and even mentions this particular estimate is «conservative». The volatile nature of developments in this new market can also be seen in the transaction volume of NFT for various segments as well as the market size of NFT within the same segments: Transactions declined for gaming, whilst value grew for arts. This latter aspect was demonstrated in early 2021, when an NFT digital artwork was sold in an auction for roughly 69 million U.S. dollars — making it the third-most expensive art piece ever sold from a living artist.
NFT became the word of the year in the Collins dictionary in 2021. NFTs have attracted the interest of various parties from different sectors. Even though the initial hype in the NFT market has blown off, we expect them to stay around due to their use cases in both the virtual and the real worlds.
In this article, we have provided you with different statistics related to NFTs from reputable sources.
- Market size and overview
- Market Segment based on NFT types
- General NFT Market Overview Statistics
- Nearly billion worth of crypto was spent on the NFT marketplaces in 2021.
- The most valuable NFT is worth more than .8 million.
- NFT trading volume rose by 704% between Q2 2021 and Q3 2021.
- Cryptopunks account for five of the 20 biggest NFT sales.
- The first NFT emerged in 2014.
- Over 50% of all NFT sales are below 0.
- Average NFT prices vary six-fold by platform.
- The Nyan Cat GIF sold for 0,000 worth of cryptocurrency in 2021.
- An estimated 250,000 people trade NFTs each month on OpenSea.
- Key NFT Statistics:Editor’s Choice
- 1. NFTs Became a billion Market in 2021
- 2. Around 28.6 million wallets traded NFTs in 2021
- 3. OpenSea is the Largest NFT Marketplace
- 4. Millennials are 3 times as likely as Gen Z to buy NFTs
- 5. China is the country most interested in NFTs
- Editor’s Picks Current statistics on this topic
- Recommended statistics
- Market size
- Market size
- Users
- Users
- Wallets
- Wallets
- Marketplace(s)
- Marketplace(s)
- Gaming/metaverse
- Gaming/metaverse
- Art and collectibles
- Art and collectibles
- Sports
- Sports
- Other segments
- Other segments
- Environmental impact
- Environmental impact
- Introduction
- NFT Market Statistics
- NFT Ownership Statistics
- NFT Growth Statistics
- NFT Art Sale Statistics
- NFT Gaming Statistics
- Current NFT Statistics
- Conclusion
- NFT Companies
- Funding
- Unicorns
- NFT users Segmentation
- Geographical breakdown
- Demographic breakdown
- Upcoming NFT Projects
- NFT Sales Statistics
- A LeBron James NFT sold for more than .6 million.
- Twitter founder, Jack Dorsey, sold his first tweet in NFT format for 3.9 million.
- Eminem sold his first NFT collection for
.78 million.
- Elon Musk’s ex-girlfriend, Grimes, sold thousands of NFTs, netting more than million.
- Human One, a piece of NFT artwork, fetched .9 million at auction.
- The number of NFT art sales surpassed 1.5 million in a single month in 2021.
- Sales on Nifty Gateway exceeded 0 million in 2021.
- The world’s most expensive NFT meme sold for more than million.
- NFT Statistics in 2023
- Want to Learn More?
- Sources
- Key NFT Facts – Editor’s Choice
- Parting Words
- NFT Statistics
- 6. The most expensive NFT sold for 2 million
- 7. Pak Sold 250,000 NFTs for .8 million
- 8. Most NFT Sales are Under 0
- 9. Minting and Selling NFTs Costs Around 0
- 10. NFT Sales Grew 131 Times from 2020 Q1 to 2021 Q1
- 11. Most NFT Collectors haven’t recouped the costs of purchases
- 12. Cryptopunk NFTs are some of the biggest sellers
- Discover the top NFT projects and latest NFT drops
- Demographic NFT Statistics
- 23% of millennials in the US collect NFTs.
- Men are three times more likely than women to be collectors of NFTs.
- The top five countries with the biggest NFT adoption are in Asia.
- Nigeria is expected to have the biggest growth (21.7%) in NFT adoption.
- People who earn less than ,000 per year invest in NFTs at a similar rate as those earning over 0,000.
- California buys more NFTs than any other state.
- In Thailand, more women than men own NFTs.
- More than 70% of Americans still don’t know what an NFT is.
- Environmental Impact Of NTFs
- Ethereum’s power consumption is comparable to that of Hungary and Qatar.
- Ethereum 2.0 technology could reduce energy usage by more than 99%.
- An average NFT has the same carbon footprint created by more than a month of electricity usage by an EU citizen.
- The carbon footprint of an average NFT can be reduced to mailing a physical piece of art if the switch is made to proof-of-stake.
- Tezos, Symbol, and Polygon emit less than 1% of the CO2 generated by Ethereum.
- Further reading
- 0 Comments
- NFT Statistics
- 13. Collectible NFTs are the most popular
- 14. New forms of NFTs are being minted all the time
- 15. Thousands of NFT Sales Happen Every Day
- 16. As of 2021 there are around 360,000 NFT owners
- 17. More than a third of esports fans are interested in NFTs
- 18. The Most Expensive NFT Meme Sold for million
Market size and overview
Figure 1. NFT Trade volume by chain
Market Segment based on NFT types
- NFTs can be segmented based on their function. The most sought-after NFTs are collectibles.
Figure 2. NFT trade volume by segment
General NFT Market Overview Statistics
Nearly $41 billion worth of crypto was spent on the NFT marketplaces in 2021.
The most valuable NFT is worth more than $91.8 million.
NFT trading volume rose by 704% between Q2 2021 and Q3 2021.
The NFT boom was hard to miss throughout 2021, with eightfold gains in quarterly trading volumes between Q2 and Q3. The value of all global NFT transactions in the third quarter hit $10.7 billion, according to NFT market stats.
Cryptopunks account for five of the 20 biggest NFT sales.
The Larvalabs creation, CryptoPunks, operates on the Ethereum network. These are extremely popular because they are rare. CryptoPunk #7523, for instance, sold for approximately $11.8 million, while CryptoPunk #3100 sold for $7.7 million – the fourth and fifth largest NFT sales.
The first NFT emerged in 2014.
Five years after the introduction of Bitcoin, the minting and selling of NFTs began. The first NFT was created by Kevin McCoy in May of 2014. McCoy minted Quantum, which raked in $1.4 million at a Sotheby auction in November 2021.
Over 50% of all NFT sales are below $200.
Not all NFTs bring in millions of dollars. More than half the recorded sales didn’t even hit the $200 mark. An analysis of NFT trends reveals that most primary sales went for $100 or less.
Average NFT prices vary six-fold by platform.
On Valuable, average NFT prices are just $150, while on OpenSea, they are $500, and on Mintable, they are $900. Top-selling NFTs, however, sell for millions.
The Nyan Cat GIF sold for $590,000 worth of cryptocurrency in 2021.
(South China Morning Post)
An estimated 250,000 people trade NFTs each month on OpenSea.
The latest NFT statistics suggest Non-Fungible Tokens may be one of the most exciting trends to ever hit the cryptocurrency landscape. In 2021, NFT sales hit a massive $25 billion, with countless individuals purchasing everything from video clips to cartoon monkeys.
While the art world has benefited significantly from the rise of NFTs, countless top brands, celebrities, and influencers have also begun to get involved. Out of nowhere, demand for NFTs has token the world by storm.
Today, we’re going to be taking a closer look at the Non-Fungible Token ecosystem, and how it’s changing the world of investing and digital currency as we know it.
Here are the top NFT statistics you need to know in 2023:
Key NFT Statistics: Editor’s Choice
- The NFT market is now worth more than $40 billion, and valuations keep rising.
- There are around 28.6 million wallets trading NFTs as of 2021
- China is the country with the biggest interest in NFT opportunities
- The most expensive NFT either sold for $532 million or $91.8 million
- Most NFTs sell for less than $200, and may cost up a lot more to mint and sell
- NFT sales grew by 131 times between 2020 and 2021
- Collectibles are the most popular form of NFTs
- Thousands of NFT sales happen per day
1. NFTs Became a $40 billion Market in 2021
According to the Financial Times, while only a niche group of crypto enthusiasts were aware of NFTs in 2020, the landscape quickly exploded in 2021. By the end of 2021, almost $41 billion was spent on NFTs, according to global data.
A research analyst, Mason Nystrom, said a major reason for the NFT market growth was the demand buyers had to purchase art that aligned with their “digital identities”.
2. Around 28.6 million wallets traded NFTs in 2021
A market tracker report from DappRadar demonstrated the rise of popularity in NFT trading during 2021. According to the company, though there were signs of growth slowing towards the end of the year, NFT sales volumes totalled around $24.9 billion in 2021. This was a huge increase compared to around $94.9 million in 2020, per the DappRadar data.
Notably, the wallets trading in NFTs also increased dramatically during 2021, increasing to about 28.6 million, from around 545,000 in 2020. The most sought-after pieces were typically the most volatile.

3. OpenSea is the Largest NFT Marketplace
An exploration of the NFT marketplace by Cara Williams references OpenSea as the largest peer-to-peer marketplace for NFTs, with a total trade volume of around $6.5 billion. The company has also helped to launch the rise of range of other competitors, like Axie Infinity, which trades around $2.1 billion at present.
Other well-known marketplaces include the CryptoPunks website and the NBA Top Shot marketplace.
4. Millennials are 3 times as likely as Gen Z to buy NFTs
According to research from the Morning Consult, millennials are the demographic most likely to get involved with NFTs. In fact, Millennials are three times more likely to buy and sell these assets than their Gen Z counterparts.
The study also showed general interest in NFTs is growing, based on a deep love of “collecting”. Around 1 in 3 US adults said they collect some form of physical object as a hobby. Around 42% of millennials collect something physical too.

5. China is the country most interested in NFTs
Worldwide, the interest in NFTs is accelerating at an incredible rate. People worldwide are getting involved, particularly with the rising number of NFT wallets now available. According to research into the number of searches for the term “NFT” in Google, however, Statista found that China is the country most interested in NFTs.

Editor’s Picks
Current statistics on this topic
Recommended statistics
Market size
Market size
Users
Users
Wallets
Wallets
Marketplace(s)
Marketplace(s)
Gaming/metaverse
Gaming/metaverse
Art and collectibles
Art and collectibles
Sports
Sports
Other segments
Other segments
Environmental impact
Environmental impact
Nansen takes a look at how NFTs have performed and highlights interesting statistics about NFTs
Introduction
NFT Market Statistics

Nansen’s Trends & Indexes dashboard shows that to date in 2022 the Ethereum NFT sphere has seen 8.22 million ETH in trading volume across 2.46 million unique wallets.
The NFT market possesses a total market cap of more than $11.3 billion. To better facilitate an understanding, this is equivalent to and greater than the Gross Domestic Product of many small countries such as Kosovo, Togo, and Somalia. Staggeringly, the total value of the NFT market exceeds in value all the goods and services produced in many nation states!
The central driver of growth and demand for NFTs currently is collectibles. They have penetrated key industries starting with art and music but rapidly expanding to film, sports, fashion, gaming, the metaverse, ticket sales, supply chains, and luxury goods. Few areas are untouched by NFT technology, and they are steadily growing beyond their fashionable purpose of social clout. For investors interested in owning their own NFT check out Nansen’s guide on becoming an NFT investor: How to Invest in NFTs.
NFT Ownership Statistics
Interestingly roughly 50% of all recorded NFT sales are less than $200, showing that a large part of NFT growth occurs at a grassroots level, and people earning less than $25,000 a year invest at a similar rate to those earning over $150,000 a year.

Nansen’s Trends & Indexes dashboard shows that since April 2022, we’ve seen a constant stream of ~250k wallets have interacted with NFT platforms a week on Ethereum. The bulk of this trading is split between the largest NFT marketplace, OpenSea, and new mints.
The most explosive NFT adoption occurs in Southeast Asia; in the Philippines 32% of the population own an NFT, Thailand 26.6% own an NFT, and Malaysia 23.9% own an NFT, according to research from Finder.
The country with the greatest projected adoption is Nigeria, where 21.7% of the population does not currently own an NFT but has plans to acquire one.
In the United States, 4% of the total population owns an NFT, which is a 100% increase from the year prior, and California residents buy more NFTs than any other state. However, the majority of the population globally still does not know what an NFT is. Nearly 80% of the United Kingdom’s population did not know what an NFT was when asked, and 70% did not know in the United States.
NFT Growth Statistics
The year 2021 saw NFTs explode and experience parabolic growth. Accompanied by a raging bull market, an incredible amount of capital washed into the space. Despite harsh criticism from detractors revolving around two central points – the environmental impact, and the speculative bubble – NFTs have remained, and the bear market forces the sphere to move towards greater utility.
The third quarter of 2021 saw NFT trading volume increase by more than 700% compared to Q2 of the same year. Thousands of NFTs change hands daily across various marketplaces, with anywhere from 15,000 to 50,000 being exchanged in any given week. This figure shows a drastic increase since 2017 when NFT trading volume was limited to less than 100 NFTs a week.

Nansen’s Contract Activity dashboard shows strength and volume returning to smaller projects highlighting the establishing trend of persistent NFT investors remaining active in the space.
Data gathered by Statista showed that the total NFT market cap grew close to tenfold between 2018 and 2020. Projects like NBA Topshot generated close to $1 billion in total sales. NFT sales grew by a factor of 131 from Q1 2020 to Q1 2021. And this collectibles market remains the fastest growing area within the digital asset space.
NFT Art Sale Statistics
Digital artist Kevin McCoy and coder Anil Dash arguably minted the first NFT in May 2014, titled Quantum. This NFT sold at auction years later for $1.4 million. But it does not even come close to the top NFT sale, which was a series created by digital artist Pak known as The Merge, which sold for $91.8 million. The second most expensive NFT sale belonged to Beeple, who sold an NFT titled ‘Everydays: The First 5000 Days’ for a staggering $69.3 million.

Nansen’s Art Index shows a broader overview of NFT Art value. With these collections typically having a lower supply or existing as one off pieces, this index is rebalanced every 90 days to develop a picture of all the transactions within this space.
A large percentage of NFT sales come from NFT Collections, two classic examples being the Bored Ape Yacht Club and CryptoPunks. The 10,000 strong troop of primates collectibles have seen a total trading volume in excess of $2 billion since their inception, with an average sale price of $75,000. The pixelated punks have seen a similar total volume and have an average sale price of $107,000 according to NFT. And the importance or social worth of these NFTs is shown in the fact that five of the ten most expensive NFT sales ever are CryptoPunks.

The desirability of these two collections clearly displayed by Nansen, with the two collections often reflecting the daily most expensive sale.
At the time of writing collectibles remain the most popular subsector, but utility NFTs maintain a strong second, and the recent volume surge for the Ethereum Name Service further closes this gap.
The third largest recorded NFT sale was ‘Clock’, which is a digital counter displaying the number of days Julian Assange has remained in London Belmarsh Prison awaiting extradition to the United States. This sold for the equivalent of $52.7 million and is part of a larger NFT collection titled ‘Censored’.
NFT Gaming Statistics

The NFT Gaming sector has seen the largest drawdown in value and volume throughout 2022. Certain critics would argue this is reflective of the prioritization of financial incentives by NFT gaming projects instead of the focus on enjoyment.
9.4% of the United States population have played a play-to-earn NFT game, but adoption is most remarkable in India where 34% of respondents claimed to have played a play-to-earn game. Adoption remains more prolific in Latin America and Asia, where during the pandemic, these games saw dramatic adoption as people used them as a full-time source of income.
NFT gaming remains most popular amongst men under the age of 35. In the United States, close to 18% of participants in this age bracket stated they had played an NFT-based game, this figure dropping to 7.3% from the age range of 35-54, and further to 5% of people 55 and older as reported by Finder.
Current NFT Statistics
Due to NFTs unique characteristics they are categorized as a high-risk asset. This type of asset suffers most in an increasingly risk-off macroeconomic environment as capital flees up the risk ladder towards safer investments.
However, despite these conditions, NFTs continue to move forwards driven primarily by utility applications and forays into the metaverse. As risk appetite dulls, the NFT space moves away from speculation and towards a building period.
Most NFT trading happens on the secondary market accounting for 80% of total trading volume as the primary market contracts. The market continues to become increasingly centralized with Yuga Labs acquiring both CryptoPunks and MeeBits, two of the most profitable NFT collections. This means that Yuga Labs owns projects that total more than 30% of the total NFT trading volume.


Conclusion
The NFT space saw incredible capital allocation throughout 2021, and even in the colder prevailing market conditions still sees high trading volume. Despite this, the nascency of this sphere must be held centrally in market participants’ minds. The application cases for NFTs continue to swell, and a slowdown in volume is appropriate so that companies can return to the building process.
NFT Companies
Funding
Figure 3. Fund raised by NFT companies in Q1 2022.
Unicorns
* Source: Crunchbase
NFT users Segmentation
Geographical breakdown
- Search Interest in NFTs based on countries and territories are as follows:( from 0 to 100 scale, 100 is the location with the most popularity as a share of total searches and 0 means that there was not enough data.)
Demographic breakdown
Figure4. Age and gender breakdown of NFT enthusiasts.
Upcoming NFT Projects
Moonfoxes bits
Aug 30, 2022
MinesRush
Aug 30, 2022
Pixxtasy
Aug 31, 2022
Shiny Girl Card
Sep 15, 2022
Shiny Girl Card (SGC)
SGCs have a guaranteed value that grows over transactions, and can be redeemed at any time. SGCs are uniquely designed cards that unlock exclusive Skins and other in-game benefits!
Various rare cards and roadmaps await!
NFT Sales Statistics
A LeBron James NFT sold for more than $21.6 million.
Twitter founder, Jack Dorsey, sold his first tweet in NFT format for $2.9 million.
Described as the Mona Lisa of tweets, Mr. Dorsey was able to get such a high price because of speculation that the NFT’s value will increase in the future. The tweet read, “just setting up my twttr,” putting the price at $100,000 per character.
Eminem sold his first NFT collection for $1.78 million.
Eminem sold his Shady Con collection in April 2021 for $1,78 million, according to Nifty Gateway statistics. The NFT included digital action figures that influenced the American rapper during his childhood.
Elon Musk’s ex-girlfriend, Grimes, sold thousands of NFTs, netting more than $7 million.
Human One, a piece of NFT artwork, fetched $28.9 million at auction.
Human One, a Beeple sculpture, sold at a live Christie’s auction in Switzerland for the eye-watering sum of $28.9 million. The story was front-page news on Barrons, the Wall Street Journal, and Forbes.
The number of NFT art sales surpassed 1.5 million in a single month in 2021.
There were 1.538 million NFT art sales between October and November 2021. Over the whole of 2021, there were more than 11 million art sales, according to some of the most recent data.
Sales on Nifty Gateway exceeded $250 million in 2021.
In early 2020, Nifty Gateway was selling less than half a million dollars worth of NFT art per month. By October 2020, that figure rose to $9.94 million, and in December, it hit $29.54 million. By March 2021, sales reached $105.71 million per month.
The world’s most expensive NFT meme sold for more than $4 million.
Meme NFTs are valuable because of their universal recognisability. The Doge meme owner sold it for a record-breaking $4 million worth of Ether. The previous record-holder was “Disaster Girl,” which raked in around $570,000.
NFT Statistics in 2023
At the same time, the rise of NFTs is also leading to an increase in the number of methods people have for getting involved with these kinds of assets. Recently, companies have begun exploring opportunities to split NFTs up into fragments, so everyone can own a “piece” of art, internet, or gaming history, rather than purchasing a full asset.
There’s no doubt we’ll continue to see new and exciting NFT statistics in the years ahead!
Want to Learn More?
Sources
Key NFT Facts – Editor’s Choice
- The most valuable NFT is worth more than $91.8 million.
- The first NFT emerged in 2014.
- The top five countries with the biggest NFT adoption are in Asia.
- Men are three times more likely than women to be NFT collectors.
- More than 70% of Americans don’t know what an NFT is.
- An NFT meme sold for $4 million.
- 23% of millennials in the US collect NFTs.
- The number of NFT art sales surpassed 1.5 million in a single month in 2021.
Parting Words
These NFT statistics underscore the fact that non-fungible tokens are sweeping the globe, and the newfound wave of popularity is here to stay. Demand for these unique digital assets is skyrocketing to the point where people are willing to part with millions of dollars for the privilege of ownership.
NFTs are valuable because they are digital assets that no one can copy. At the moment, the craze is for buying unique memes and artwork. However, in the future, NFTs could become a way for artists to ensure that they get royalties from their content.
NFT Statistics
6. The most expensive NFT sold for $532 million
Discussions about the most expensive NFT sold until now are often surrounded by controversy. Some argue that the Beeple’s Everyday artwork, which sold for around $69 million is one of the most expensive pieces in the world. However, an NFT apparently sold for $532 million in October 2021.
The NFT in question was a CryptoPunk, which was purchased using money borrowed via a “flash loan” (a kind of smart contract loan). The complexity of the NFT transaction means many people argue the sale wasn’t actually a legitimate one.
7. Pak Sold 250,000 NFTs for $91.8 million
While some people argue the Beeple art piece is the most expensive NFT ever sold, others say it was the collection of 250,000 NFTs sold by Pak (An anonymous artist) for $91.8 billion. The collection of pieces was sold on the Nifty Gateway and was named the largest ever art sale made by a living creator.
Notably, the selection of art pieces didn’t go to a single collector. In total, around 26,000 collectors got involved purchasing products from the brand.
8. Most NFT Sales are Under $200
The research revealed a majority of sales actually come out at under $200. This means for now; it’s still possible for a lot of collectors to get involved with the NFT environment. It also means artists considering selling their work on the exchanges may need to reconsider what they think about pricing.

9. Minting and Selling NFTs Costs Around $100
While the average price you sell an NFT for may only come in at around $200, you may also need to pay around half of this to have the artwork minted and get sold. The average cost usually ranges around $70 to $120, but some people pay thousands.
10. NFT Sales Grew 131 Times from 2020 Q1 to 2021 Q1
According to NonFungible.com, the number of sales happening in the NFT world is astronomical at present. The market had an incredible 13118% growth between the first quarter of 2020 and the first quarter of 2021. This highlights a rapid increase in the number of buyers and sellers.
At present, it’s difficult to know for certain how many people are buying and selling NFTs, simply because it’s difficult to track all of the wallets online.
We do know, however, NFT trading volume added up to around $11 billion in quarter 3 of 2020, before rising to $25 billion by the fourth quarter.
11. Most NFT Collectors haven’t recouped the costs of purchases
According to the Financial Times, the majority of new NFT collectors have yet to recoup the cost of their investment. Many investors are still figuring out how to use their NFT purchases correctly. This usually means it might take a little longer to figure out the best opportunity to sell.
The uncertainty surrounding NFTs is why a large number of buyers choose to purchase “collectible” products they feel they have a personal connection to.

12. Cryptopunk NFTs are some of the biggest sellers
Various sources, including Wikipedia, list the top most expensive sales for NFTs over the last couple of years, highlighting everything from The Merge, to Beeple Everyday. The series of NFTs best-known as CryptoPunks was created by Larva labs and is currently responsible for 5 of the top 20 biggest NFT sales of all time.
The second most expensive NFT sale to date was a Cryptopunk NFT which sold for approximately $11.8 million. As one of the initial examples of NFTs, the Cryptopunk landscape is widely regarded to be extremely valuable.
Discover the top NFT projects and latest NFT drops
Make an informed decision which NFT to buy or mint with these insights. Find the top NFT
projects, which new NFTs are dropping soon and what was the highest sold NFT for various
collections.
Explore rarity and community strength for each project.
Number of NFTs sold
last 24 hours
Trading volume
last 24 hours
Demographic NFT Statistics
23% of millennials in the US collect NFTs.
A recent survey found that one in three American adults collects some sort of physical item as either an investment or a hobby. Of those who identify as collectors, one in four also engage with NFTs. Meanwhile, 42% of millennials collect NFTs.
Men are three times more likely than women to be collectors of NFTs.
The same survey reveals that differences between men and women extend to their collection habits. Men are three times more likely to identify as collectors than their female counterparts.
The top five countries with the biggest NFT adoption are in Asia.
Nigeria is expected to have the biggest growth (21.7%) in NFT adoption.
The number of Nigerians who own NFTs is expected to grow from 13.7% to 35.3%. Notable increases in NFT adoption rates are also forecast for Peru (14.5%), Venezuela (13.5%), and Colombia (11.9%). In the US and UK expected growth rate is 3.9% and 3.3%, respectively.
People who earn less than $25,000 per year invest in NFTs at a similar rate as those earning over $150,000.
California buys more NFTs than any other state.
In Thailand, more women than men own NFTs.
30% of women in the country own NFTs, compared to just 23% of men. The only other surveyed country where women had more NFTs than men was Venezuela, where 11% of women own NFTs, compared to 10% of men.
More than 70% of Americans still don’t know what an NFT is.
The latest data shows that most adults in the US aren’t familiar with NFTs. The figures are even higher in Japan and Germany, where 90% and 82.6% of the adult populations haven’t heard of them. Meanwhile, in Hong Kong, only 55.3% of people don’t know what an NFT is.
Environmental Impact Of NTFs
Ethereum’s power consumption is comparable to that of Hungary and Qatar.
Ethereum currently consumes 44.94 terawatt-hours of electrical energy, which is equivalent to the annual consumption of a number of countries. It also releases roughly 21.35 metric tons of carbon dioxide each year, which is the equivalent of Sudan’s carbon footprint.
Ethereum 2.0 technology could reduce energy usage by more than 99%.
An average NFT has the same carbon footprint created by more than a month of electricity usage by an EU citizen.
The carbon footprint of an average NFT can be reduced to mailing a physical piece of art if the switch is made to proof-of-stake.
With that aforementioned transition, the carbon footprint of an NFT can be brought down to 2.11 kg CO2, which is the same as smiling physical art cross-country.
Tezos, Symbol, and Polygon emit less than 1% of the CO2 generated by Ethereum.
Most NFTs are on the Ethereum network, and NFT industry stats show that the token was using an estimated 103.17 TWh per year at the end of 2021. By contrast, proof of stake networks, such as Tezos, only consumes around 0.00006 TWh per year.
Further reading
Find the Right Vendors
Cem has been the principal analyst at AIMultiple since 2017. AIMultiple informs hundreds of thousands of businesses (as per similarWeb) including 55% of Fortune 500 every month.
Cem’s work has been cited by leading global publications including Business Insider, Forbes, Washington Post, global firms like Deloitte, HPE and NGOs like World Economic Forum and supranational organizations like European Commission. You can see more reputable companies and resources that referenced AIMultiple.
He led technology strategy and procurement of a telco while reporting to the CEO. He has also led commercial growth of deep tech company Hypatos that reached a 7 digit annual recurring revenue and a 9 digit valuation from 0 within 2 years. Cem’s work in Hypatos was covered by leading technology publications like TechCrunch like Business Insider.
Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.
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NFT Statistics
13. Collectible NFTs are the most popular
As interest in NFTs has increased in the last couple of years, we’ve seen an increase in the various types of NFTs now available for sale. Currently, the game and metaverse environments for NFTs are rapidly increasing in value, but they’re nowhere close to the most popular form of NFT – the collectible.
According to NonFungible.com, people are generally most interested in buying NFTs which they can collect and hold onto for long periods of time.

14. New forms of NFTs are being minted all the time
The “collectible” nature of NFTs makes it easier to create a wide range of assets for people to purchase and own. We’ve seen countless NFTs in the art world, but there are also new NFTs emerging all the time from different environments.
15. Thousands of NFT Sales Happen Every Day
Not only is the number of sales increasing, but NFT values are increasing at the same time. NFT sales now range anywhere between $10 million and $20 million per week. However, there have been weeks during 2021 when the weekly sales came closer to around $170 million.
16. As of 2021 there are around 360,000 NFT owners
According to the Financial Times and Chainalysis, there are approximately 360,000 NFT owners holding around $2.7 million in NFTs between them. However, around 9% of the total group is responsible for approximately 80% of the market value.
This indicates the majority of the value in NFTs belongs to a number of whales holding the most expensive NFTs at the moment. This is similar to many whales sitting on hundreds of millions of dollars in cryptocurrency investments.

17. More than a third of esports fans are interested in NFTs
The same report also showed a significant difference between men and women collecting NFTs. According to the findings around 15% of male respondents collected NFTs already, while only 4% of female respondents collected NFTs.
18. The Most Expensive NFT Meme Sold for $4 million
An excellent example of how almost anything can be transformed into an NFT today, the most expensive meme in the world was sold for $4 million. The iconic “Doge” meme is intended to be sold on the market in 17 billion pieces to collectors around the world.
Originally, the most valuable meme NFT was Nyan Cat, which was sold for around $500,000. However, many experts expect the value of the meme to be much higher today.
