NFT sales hit $246 million over the past week. These were the 5 best-selling digital collections.

NFT sales hit $246 million over the past week. These were the 5 best-selling digital collections.
  • NFT sales have had a breakthrough year in 2021, with total sales volume surging to $12 billion.
  • The NFT market is dominated by a handful of standout leaders due to their popularity and rarity.
  • These are the five best-selling digital collectibles that helped drive $246 million in NFT sales over the past week.
  • The cryptocurrency boom over the past two years has helped propel a newer market to record heights: digital collectibles, also known as NFTs.

    2021 has been a breakthrough year for NFTs, with total sales volume hitting more than $12 billion as both investors and entrepreneurs descend upon the nascent Web3 space.

    NFTs, or , are unique, irreplaceable, that users buy and sell online.

    NFTs to keep a digital record of ownership, similar to cryptocurrencies. They were first launched on ethereum, the same blockchain that supports the cryptocurrency , and to this day most NFTs can still only be purchased using ether.

    In the past week alone, sales of NFTs hit $246 million, according to data from NonFungible.com.

    With NFT sales soaring, these are the five best-selling NFT collections over the past week, according to NonFungible.

    5. Doodles

    7-Day Sales Volume: $9.8 millionNumber of 7-Day Sales: 701Highest 7-Day Sale: $78,776

    Explainer: "Doodles come in a joyful range of colors, traits, and sizes with a collection size of 10,000. Doodles are a funky bunch that like to role play or transmogrify themselves into delicious treats. Holding a Doodle allows you to participate in coordinating the Doodles Community Treasury."

    4. Art Blocks

    7-Day Sales Volume: $14.6 millionNumber of 7-Day Sales: 6,302Highest 7-Day Sale: $270,731

    Explainer: "A storefront for genuinely programmable and on-demand generative artwork that is stored directly on the Ethereum blockchain."

    3. The Sandbox

    7-Day Sales Volume: $18.0 millionNumber of 7-Day Sales: 1,291Highest 7-Day Sale: $100,849

    Explainer: "The Sandbox is a community-driven UGC-voxel platform where users own their LAND and host their creative magic."

    2. CryptoPunks

    7-Day Sales Volume: $24.7 millionNumber of 7-Day Sales: 79Highest 7-Day Sale: $1.6 million

    Explainer: "10,000 unique collectible characters with proof of ownership stored on the Ethereum blockchain. The project that inspired the modern CryptoArt movement."

    1. Bored Ape Yacht Club

    7-Day Sales Volume: $34.1 millionNumber of 7-Day Sales: 528Highest 7-Day Sale: $795,896

    Explainer: "BAYC is a collection of 10,000 Bored Ape NFTs—unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits."

    Source

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