🚨 Get Your Free NFT Certificate Mint by Completing the Web3 Exam! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!

1 in 4 Non-Fungible Token Holders have 51 or More NFTs in Their Collections

1 in 4 Non-Fungible Token Holders have 51 or More NFTs in Their Collections

New research shows that over 75% of crypto holders also have non-fungible tokens (NFTs).

A recent survey found that the majority of non-fungible token (NFT) holders have collections with more than 50 NFTs in them.

The research was conducted by surveying 438 individuals between December 2022 and January 2023.

What is a DAO in Crypto? (Animated Explanation)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What is a DAO in Crypto? (Animated Explanation)

What is a DAO in Crypto? (Animated Explanation) What is a DAO in Crypto? (Animated Explanation)

Based on the results, 26.5% or 1 in 4 of NFT owners considered themselves "avid collectors," meaning that they have from 51 to more NFTs in their collection. The findings suggest that these individuals are particularly passionate about the NFT market. The report noted:

This suggests that people rarely stop participating in NFTs after their first one.

On the other hand, the report found that almost 18% of respondents hold from 2 to 5 NFTs in their collections, while less than 5% have only one non-fungible token.

The survey revealed that 38.8% of participants acquired their inaugural NFT during the 2021 bull market. Although the crypto market experienced a bearish trend in 2022, it still saw the second-highest number of new NFT collectors over the past five years, with just over 25% obtaining their first NFT the previous year.

A small fraction of respondents (2.9%) claimed to have purchased their first NFT in 2017, coinciding with the launch of well-known NFT projects like CryptoKitties and CryptoPunks.

On top of that, the research showed that 3 out of 4 crypto investors also own non-fungible tokens (NFTs).

Lastly, the report emphasized the potential for growth in NFT adoption in 2023, pointing to developments such as Bitcoin ordinals, Stamps NFTs, and the emergence of Blur as the top NFT marketplace, overtaking OpenSea.

In an effort to recover its fan base, OpenSea has recently launched a new non-fungible token aggregator dubbed OpenSea Pro. The new platform aims to cater to professional collectors by providing unparalleled optionality, diversity, and control.

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

Loading...
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
Rating