NFT Market is in flames 🔥
It is amazing how the NFT Market has evolved in a short time, as we clearly remember when it started this project of non fungible tokens as an idea to support decentralized application projects on the ethereum blockchain AND although in its beginnings it had a very slow progress due to the acceptance was not so positive, but if you see it right now you will be surprised to see something totally different as it is remarkable how fast things change.
As we are seeing how NFT sales are literally on fire due to the huge and very impressive boom it has had in the last 30 days, as more than $100 million in NFT collectibles have been sold.
The collection that tops the list of NFT best sellers is NBA Top Shop a basketball based collection where you can have cards of the most famous basketball players. In sales volume NBA Top Shop trades daily 5.8 million dollars and in the last 30 days more than 60 million dollars.
The second place is occupied by Hashmasks a digital art project that counts with the collaboration of more than 70 artists internationally, where you can find unique digital art, with sales exceeding 8 million dollars.
Third place goes to CryptoPunks This is a project that has uniquely generated 24x24 character pixelated NFTs. No two are exactly alike, and each of them can be officially owned by a single person on the Ethereum blockchain, its success in sales is getting higher and higher as just in 24 hours it trades around 1.5 million dollars and just in the last week it was 13.4 million dollars, cryptopunks are booming due to the great interest they are generating and something really surprising was a sale of 1 of these pixelated images that sold for 605 ETH.
Axie Infinity, superrare, opensea and nifty gateway are projects that are also seeing tremendous success in recent weeks as they have broken all-time highs in sales and have helped get people more involved in this new way of making money with decentralized digital art.
We can see how a project that went from being something that started small and was difficult to find interested people to become a whole mega industry where even large and renowned companies are betting on the economy of the future. And we can also see how the Hive blockchain has not been left behind in the midst of this credit trend because in this blockchain you can find the NFT showroom a digital art marketplace built directly on the blockchain dejáis where you can trade art quickly, safely and affordably. very soon I will be sharing my digital art on this platform and I will be telling you my progress dabbling for the first time in this way of selling art.
But it remains to be seen how it continues to develop, as new projects and new non-fungible tokens are emerging and many artists are looking to be able to trade their art and leave a mark on the ethereum blockchain.
Posted Using LeoFinance Beta
https://twitter.com/Fabian929183259/status/1362565947391901698
as a fan of the NFTs when is comes to gaming, haven't thought about it in the cards/ art world.
The stats you shared from NBA top shop are crazy.
My question is: how do they ensure rarity? They sell 3 this month, so I perceive value....
Then next month they sell 3 more. and the month after....what can prevent that?
I look forward to your dabblings.
@clicktrackprofit could the badges become a NFT and be bought and sold?