NFT Sales Climb to $2.47B in First-Half 2021: Report
6 Jul, 2021•1 min read•NFT
Non-fungible token (NFT) sales rose to $2.47 billion in the first half of 2021, according to data by DappRadar.
Sales in the second quarter were $1.24 billion, only slightly eclipsing the first-quarter figure of $1.23 billion, Reuters reported Tuesday, citing DappRadar data. The figures dwarf those of first-half 2020, when NFT sales totalled $13.7 million, Reuters said. This surge represents the explosion in interest around NFTs in the last 12 months, buoyed by platforms such as NBA Top Shot, which have enjoyed considerable popularity. The figure for total sales also varies depending on which transactions are included. DappRadar's figure contrasts with NonFungible.com's calculation of $1.3 billion. Neither site tracks "off-chain" transactions, which must be added manually to their data and can lead to disparities. It is not clear whether NFT sales have peaked. Sales on NFT platform OpenSea hit a record high of around $150 million in June.