
<p>The NFT Market is stabilizing thanks to solid and engaged communities with a healthy trading behavior. Usefulness of tokens now seems to take precedence over the notion of financial investment.</p>



<p>The first era of NFTs where profit and speculation reigned supreme seems over, and gradually a new page in the history of this technology is being written under the mainstream radar.</p>



<p>The next boom is beginning to take shape. There is still time to prepare for it, but get ready because this wave will most likely be even more explosive and impactful than the era of “NFT Collectibles”.</p>


The NFT market shrinks and enters into a stabilizing phase, also showing auspicious signs of a coming boom taking shape.

A massive 77% drop was observed in terms of USD traded between Q2 and Q3 2022 with a global volume of about US$1.7 billion in Q3 2022.

A net quarterly loss of US$450M is recorded for the first time ever.

A 84% decrease in profit at resell is observed during the period, for a total loss that decreased by 44% (US$326 million profit for US$783 million loss).

1. The fundamentals
2. A look back at Q3 2022
3. Overall performance Q3 2022
4. Detailed performance (search volume, performance by segment, market distribution by project, etc.)
5. Profits & losses on the market (profit & loss per segment over time, most profitable projects, etc.)
6. Focus by segment (key metrics about: crypto-art, collectibles, gaming, metaverses, utilities)
7. Conclusion


2022

Quarterly NFT Market Report


<p>The bear market has largely impacted the NFT market. For the first time in the history of NFTs, trading-related activities are no longer profitable. Despite a complicated economic context, NFTs continue to surprise, and we observe some strong trends around Metaverses and Utilities over the period, which tends to revitalize the markets. </p>



<p>With speculation in a tailspin, it looks like the industry has once again entered a building phase, away from the spotlight.</p>


A massive 25% drop was observed in terms of USD traded between Q1 and Q2 2022 with a global volume of about US$8 billion in Q2 2022.

A net profit of US$460M is recorded over Q2 2022, a significant decrease compared to Q1 2022 (US$2.3B).

Secondary market remains predominant with almost 80% of the volume of USD traded, in the meantime, primary market has constantly decreased over the period.

A 46% decrease in profit at resell is observed during the period, for a total loss that increased by 23% (US$1.8 billion profit for US$1.4 billion loss).

The market is more centralized than ever: More than 30% of the volume of USD traded over the quarter is distributed between projects that have been launched or acquired by Yuga Labs.

The bear market has largely impacted the NFT market. For the first time in the history of NFTs, trading-related activities are no longer profitable. Despite a complicated economic context, NFTs continue to surprise, and we observe some strong trends around Metaverses and Utilities over the period, which tends to revitalize the markets.

With speculation in a tailspin, it looks like the industry has once again entered a building phase, away from the spotlight.


<p>The incredible enthusiasm for NFTs led to tremendous growth of the NFT industry in 2021. The early days of 2022 mark a new era for NFTs, with many changes to the market.<br>Are we facing a bubble on the verge of bursting? Are the NFTs markets holding up despite the tense geopolitical situation surrounding the war in Ukraine?<br>The Q1 Quarterly Report 2022 presents the first detailed figures on the reality of NFTs markets.<br>This quarter, we had the chance to interview Shaban Shaame, a pioneer of Blockchain Gaming since 2014, who shares his vision and thoughts on the state of the industry.</p>


The general public seems to be losing interest in NFTs, if the search volume on Google is to be believed.
Collectibles are the predominant segment in the industry, far ahead of Art or even the Metaverses.

The resale profit volume is down 3% while the total loss volume is up nearly 50% compared to the previous quarter.
For the first time, some segments show a negative balance: Gaming shows a total loss of almost $50 million on the segment, which makes it the least profitable segment of the industry from a trading point of view.

With nearly $8 billion traded in the first quarter of 2022, the market cannot really be considered to have collapsed. We are seeing more of a form of stabilization, in line with the last quarter of 2021.
Conversely, the volume of sales fell by nearly 50%, with a very marked slowdown in the volume of buyers and sellers.
The great novelty of this quarter is undoubtedly the evolution of profitability in the markets. Making a profit in NFTs is no longer so easy in 2022...


<p>Every year since 2018, NonFungible.com publishes “Yearly NFT Market Report” which remains to date the most in-depth and comprehensive piece of research about the NFT Industry</p>



<p>These reports are designed for curious newcomers as well as experienced investors.</p>


Collectibles is probably the segment that is running out of steam in favor of Metaverses and Blockchain Gaming.

With over $5 billion in profit recorded in NFT trading, speculation is an integral part of this market. But this is a more complex activity than it seems...

Markets gradually became saturated with the issuance of millions of new NFTs. How have the markets reacted to this unbridled multiplication of assets?

The market boomed to over $15 billion for nearly 2 million active wallets.

"NFT" was declared word of the year 2021. This is not surprising given the exponential growth of the industry. Between unprecedented opportunities, excessive speculation and new economic models: where are we?

The 200 pages, 70 metrics and 15 interviews of this report have been designed to give you the most complete and up-to-date overview of the different facets of the NFT industry.

Yearly NFT Market Report

2021


<p>Data doesn’t lie, at NonFungible we analyze it and make the complex simple and freely accessible for everyone.</p>



<p>Our Q3 Report looks into Non-Fungible Token trends on the Ethereum chain. We use our data to provide an in depth analysis of the market backed with charts and analytics.</p>


Q3 of 2021 broke the $billion threshold by a long way, with almost $6 billion traded on the Ethereum blockchain alone. All indicators continue to show an upwards trend, with the number of wallets in use of both buyers and sellers increasing significantly.

Record USD volume for NFT sales

Unsurprisingly, the collectibles segment generated the most USD volume this quarter, undoubtedly stemming from PFP hype but also from the continual increase in the price of CryptoPunks and Bored Ape Yacht Club.

Market Distribution

The recent growth of the NFT industry has been almost unbelievable. In just a few short months, the $billion-dollar mark has been crossed in traded NFTs, followed by $billion per quarter and only then to be surpassed by $billion per month.

The market we see evolving today is a market that is growing at an exponential rate, with unprecedented liquidity but it is also even more of a speculative and volatile market than ever before.

The current market growth dictates that all investors and NFT stakeholders should pay extra attention as Triple-digit growth goes hand in hand with market instability, unrealistic expectations and potential disappointments.


<p><a href="https://nonfungible.com/news/corporate/nfc-2022-building-nft-europe-with-passion" target="_blank" rel="noreferrer noopener">We were co-organizers</a> of the event last year and it was an opportunity for us to meet the different European actors who are building the web of tomorrow. Artists, developers, investors, passionate or curious… Every discussion was rich and authentic.</p>



<p>&#8220;More&#8221; will be the focus of the second edition of the Non Fungible Conference to be held at the Pavilhão Carlos Lopes in Lisbon on 7 and 8 June 2023. Do you want more? Save the date on June 9, to join a 10 hour marathon Beach Party, powered by <a href="https://www.sandbox.game/en/" target="_blank" rel="noreferrer noopener">The Sandbox</a> and <a href="https://partydegens.io/" target="_blank" rel="noreferrer noopener">Party Degens</a>.</p>



<p>Here is what this second edition has for you, which promises to change the codes of conferences.</p>



<h2>Digital artists in the spotlight</h2>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img loading="lazy" width="1024" height="768" src="http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-art-exhibition-2022-1024x768.jpg" alt="non fungible conference art exhibition 2022" class="wp-image-288376" srcset="http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-art-exhibition-2022-1024x768.jpg 1024w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-art-exhibition-2022-300x225.jpg 300w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-art-exhibition-2022-768x576.jpg 768w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-art-exhibition-2022-1536x1152.jpg 1536w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-art-exhibition-2022.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>


<p>Last year, the Non Fungible Conference was a forerunner regarding the place of digital art in an NFT event. Entire rooms and floors had been set aside to exhibit digital artworks.</p>



<p>For this coming event, more rooms have been reserved for art exhibition and the NFT ticket is called the <a href="https://avantgarde.nonfungibleconference.com/p/nfc-presents-the-artists-behind-the" target="_blank" rel="noreferrer noopener">NFC23 token</a>, a 3D artwork created by two legendary artist: <a href="https://twitter.com/Coldie" target="_blank" rel="noreferrer noopener">Coldie</a> and <a href="https://twitter.com/carlosmarcialt" target="_blank" rel="noreferrer noopener">Carlos Marcial</a>, part of co-Editors Cult of Crypto Art.</p>



<p>In the first edition, the curators were the organizers. This time, the holders of the first edition of the NFC who were able to propose and vote for the artists exhibited at the event.&nbsp;</p>



<h2>An innovative new panel format</h2>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img loading="lazy" width="1024" height="683" src="http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-panel-2022-1024x683.jpg" alt="non fungible conference panel 2022" class="wp-image-288380" srcset="http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-panel-2022-1024x683.jpg 1024w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-panel-2022-300x200.jpg 300w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-panel-2022-768x512.jpg 768w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-panel-2022-1536x1024.jpg 1536w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-panel-2022-2048x1366.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>


<p>NFC breaks the rules by banning panels from their festival-style schedule.&nbsp;The radical switch to say <a href="https://avantgarde.nonfungibleconference.com/p/bye-bye-panels" target="_blank" rel="noreferrer noopener">bye-bye to the boredom of panels</a> will celebrate guests through new formats such as community talks, art battles, debates, talent fair, podcast, music performances and masterclasses.</p>



<p>The event introduces the <a href="https://avantgarde.nonfungibleconference.com/p/nfc-introduces-blind-talks-what-you" target="_blank" rel="noreferrer noopener">Blind Talks</a>, an invitation for undoxxed artists and collectors to speak on stage, for the first time ever for some of them.</p>



<p><br>Expect exclusive content through a short movie, massive projections in a 600 sqm room enhanced by music, voices and lights. followed by a Q&amp;A by these artists themselves. They will be hidden and physically present at the same time.<br></p>



<p>Among the anonymous actors, <strong>Muratpak, Cozomo de Medici, Mr Misang, Hackatao, Pascal Boyart, Basileus and WhaleShark</strong> already confirmed their presence to this panel format.</p>



<h2>PrestigiousWeb3 partners who share NFC values</h2>



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="683" src="http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-booth-2022-1024x683.jpg" alt="non fungible conference booth 2022" class="wp-image-288384" srcset="http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-booth-2022-1024x683.jpg 1024w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-booth-2022-300x200.jpg 300w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-booth-2022-768x512.jpg 768w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-booth-2022-1536x1024.jpg 1536w, http://100.96.1.66:3001/app/uploads/2023/03/non-fungible-conference-booth-2022-2048x1366.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Innovative experiences, artists honored, a desire to break the codes, in an atmosphere of sharing good vibes at the Pavilhão Carlos Lopes in the middle of summer, the Non Fungible Conference understood the values carried by the NFT ecosystem.&nbsp;</p>



<p>In order to show their support and trust for this new edition, the partners of the event are prestigious actors of the Web3:&nbsp;</p>



<ul><li>Ledger</li><li>Cult of Crypto Art</li><li>The Sandbox</li><li>BNV</li><li>Arianee</li><li>Exclusible</li><li>OVER</li></ul>



<p>NFC have also teamed up with the stunning collections Invisible Friends, Rektguy, Chimpers, RugRadio, World of Women and invited rock stars artists and speakers such as Yuyu, Trevor Jones, Coldie, Alien Queen, Farokh, Dave Krugman, Shavonne Wong, Osf Rekt, Innamodja, Casimiro et Yuga Labs.</p>



<div class="wp-container-23 is-content-justification-center wp-block-buttons">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://www.nonfungibleconference.com/line-up" style="border-radius:0px" target="_blank" rel="noreferrer noopener">Check the full line up</a></div>
</div>



<h2>How to attend the Non Fungible Conference 2023?</h2>



<p>The first thing to do is get your ticket! In a community approach, for genesis ticket holders, <strong>the entrance to NFC23 is free</strong>. It was possible to claim your free ticket until December 31, 2022.</p>



<p>Currently, a discount of 95% is active for holders of partner collections and for a limited time. And of course, we have 20 for you as well! If you’re using the code <strong>NONFUNGIBLE30 </strong>or using this link to buy your tickets, you’ll get the 95% discount.</p>



<div class="wp-container-24 is-content-justification-center wp-block-buttons">
<div class="wp-block-button is-style-fill"><a class="wp-block-button__link" href="http://bit.ly/NFCprivate" style="border-radius:0px" target="_blank" rel="noreferrer noopener">Buy your NFC Ticket with a discount</a></div>
</div>



<p>Do not hesitate to consult their<a href="https://ticket.nonfungibleconference.com/" target="_blank" rel="noreferrer noopener"> dedicated page</a>, but watch out &#8211; early birds tickets don&#8217;t last forever. Also, <a href="https://www.nonfungibleconference.com/attendees" target="_blank" rel="noreferrer noopener">Hotel partners</a> have already been announced, so you can plan your summer ahead with private discounts in the city of Lisbon.<br></p>



<p><a href="https://twitter.com/NFCsummit" target="_blank" rel="noreferrer noopener">Twitter</a> – <a href="https://www.nonfungibleconference.com/" target="_blank" rel="noreferrer noopener">Website</a> – <a href="https://discord.gg/8ASvFMdr9e" target="_blank" rel="noreferrer noopener">Discord</a> – <a href="https://www.linkedin.com/company/nfcsummit/" target="_blank" rel="noreferrer noopener">LinkedIn</a> &#8211; <a href="https://www.instagram.com/nonfungibleconference/" target="_blank" rel="noreferrer noopener">Instagram</a></p>


Non Fungible Conference, the leading experimental web3 event in Europe, is back to Lisbon for a second edition with a radical lineup and a lot of surprises.

The Non Fungible Conference is back. Expect the unexpected


<h2>Why Build Our HQ in a Metaverse?</h2>



<p>We&#8217;ve been dreaming about this building for a while! We started thinking about the idea of a place to welcome the public a few years ago but let&#8217;s be honest, the bull run slightly disrupted our plans. However, our ambitions and objectives have not changed:</p>



<ul><li>Have a place to find free information about NFTs</li><li>Be able to organize meetups to present our reports and answer questions directly</li><li>Organize AMAs</li><li>Exhibit different artistic works</li><li>Discussing the future of Web3</li></ul>



<p>Why Decentraland? Historically, this was the first project we were able to follow on our <a href="https://nonfungible.com/market-tracker" target="_blank" rel="noreferrer noopener">Market Tracker</a>. Then, it is in our eyes the virtual world that symbolizes the laboratory of experiments that is the NFT ecosystem. It therefore corresponds to our identity to want to continue to build tools that are always as close as possible to our community, in a community approach.</p>



<p>That’s why we asked <a href="https://www.lowpolymodelsworld.com/" target="_blank" rel="noreferrer noopener">Low Poly Models</a> for their help to build the best building we could have ever imagined of. And additionally, our friends from <a href="https://dappcraft.io/" target="_blank" rel="noreferrer noopener">DAPPCRAFT</a> created some nice <a href="https://events.decentraland.org/event/?id=9b802ea1-bee9-4d06-831c-aab5735b3c0b" target="_blank" rel="noreferrer noopener">emotes and wearables we’re going to give away</a> during this weekend!</p>



<h2>Visit the NonFungible.com HeadQuarters</h2>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img loading="lazy" width="1024" height="494" src="http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-Art-Metaverse-1024x494.jpg" alt="NonFungible Decentraland HQ Art Metaverse" class="wp-image-287736" srcset="http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-Art-Metaverse-1024x494.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-Art-Metaverse-300x145.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-Art-Metaverse-768x371.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-Art-Metaverse.jpg 1467w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><a href="https://play.decentraland.org/?NETWORK=mainnet&amp;position=-130%2C-64&amp;realm=baldr&amp;island=In792" target="_blank" rel="noreferrer noopener">NonFungible.com Decentraland HQ</a> &#8211; Metaverse and Art Floor</figcaption></figure></div>


<p>The <a href="https://play.decentraland.org/?NETWORK=mainnet&amp;position=-130%2C-64&amp;realm=baldr&amp;island=In792" target="_blank" rel="noreferrer noopener">NonFungible.com Decentraland headquarters</a> is divided into 5 floors, each with its specialty. Three floors, a ground floor and also, a basement! When you arrive at the entrance, you will be able to find the main information to contact us but also a display area for our sponsors.</p>



<h3>Sponsor and Data Floors</h3>



<p>The first three floors of our HQ are dedicated to the NFT market data and information display. The purpose of these floors is to provide a live integration of the data we offer on site. While the first floor will be reserved for potential sponsors, the next two floors will be dedicated to data display.</p>



<h3>Roof Top</h3>



<p>The rooftop can host conferences, WADA sessions or presentations of the various reports. The goal being to be as inclusive as possible, it will also be a question of hosting Q/A sessions or allowing artists or different projects to come and present their work.</p>



<h3>Basement</h3>



<p>The basement also has some surprises in store! We have created an entire space dedicated to education and information in the Web3 ecosystem. Regularly, we will update the articles that can be accessed and why not, maybe one day we will hold courses to know how to set up your community or share some tips for launching your projects?</p>



<h2>A Space to Inform And Share Knowledge Together</h2>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img loading="lazy" width="1024" height="550" src="http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-basement-1024x550.jpg" alt="NonFungible Decentraland HQ basement" class="wp-image-287732" srcset="http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-basement-1024x550.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-basement-300x161.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-basement-768x412.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/11/NonFungible-Decentraland-HQ-basement.jpg 1307w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><a href="https://play.decentraland.org/?NETWORK=mainnet&amp;position=-130%2C-64&amp;realm=baldr&amp;island=In792" target="_blank" rel="noreferrer noopener">NonFungible.com Decentraland HQ</a> &#8211; Basement</figcaption></figure></div>


<p>This space will be our meeting place and meetings with the NFT community. We want it to be open to as many people as possible in order to create a space for exchange and connections.</p>



<p>While 2021 was surprising and incredible, we don&#8217;t forget that we&#8217;re still building the foundation for tomorrow&#8217;s web. What is called the &#8220;web3&#8221; is not yet precisely defined and it may take a few more years. That&#8217;s why we want to continue to encourage NFT experimentation labs like <a href="https://nonfungible.com/market-tracker/decentraland" target="_blank" rel="noreferrer noopener">Decentraland</a> and the initiatives that came out of it like <a href="https://dappcraft.io/" target="_blank" rel="noreferrer noopener">DAPPCRAFT Agency</a> or <a href="https://www.lowpolymodelsworld.com/" target="_blank" rel="noreferrer noopener">Low Poly Model</a>.</p>



<p>To celebrate this event, we’re going to distribute some emotes and wearables for free ! Feel free to join us at the event&nbsp;</p>



<div class="wp-container-22 is-content-justification-center wp-block-buttons">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://events.decentraland.org/event/?id=9b802ea1-bee9-4d06-831c-aab5735b3c0b" style="border-radius:0px" target="_blank" rel="noreferrer noopener">Join Us For Our First Event In Decentraland!</a></div>
</div>



<p>We hope to see many of you there!</p>


We've wanted it for over a year, now it's a dream come true: we have our building in Decentraland! Come and take a tour of the owner.

The NonFungible.com HQ in Decentraland is now open!


<p>We’ve seen weak signals indicating a promising and stable direction for the NFT industry amidst the Bear Market after a massive drop in USD traded volume of 25% over the last quarter, this indicator fell again by 77% compared to Q2 2022. Was it merely a passing fad in the end? Or is the ecosystem continuing to silently preserve and build? Discover the answers in our report..</p>



<h2><strong>Quarterly NFT Market Report Q3 2022 – Summary</strong></h2>



<p>With 51 pages dedicated to the analysis of the NFT market for the third quarter of 2022, here is the summary of the different chapters:</p>



<p><strong>1 – The Fundamentals</strong></p>



<ul><li>What is an NFT?</li><li>The data used for this report.</li><li>Legal disclaimer.</li></ul>



<p><strong>2 – A Look Back at Q3</strong></p>



<p><strong>3 – Overall Performance</strong></p>



<ul><li>Q3 2022 Performance.</li></ul>



<p><strong>4 – Detailed Performance</strong></p>



<ul><li>Search volume.</li><li>Performance by segment.</li><li>Market distribution by project.</li><li>Primary and Secondary Market.</li><li>Average NFT Price Evolution.</li><li>Active Wallets.</li><li>Supply &amp; Liquidity.</li></ul>



<p><strong>6 – Profits &amp; Losses on the Market</strong></p>



<ul><li>Global performance of NFT Trading.</li><li>Profit &amp; Loss per segment over time.</li><li>Most profitable projects.</li><li>More profitables sales.</li></ul>



<p><strong>7 – Focus by Segment</strong></p>



<ul><li>Crypto Art.</li><li>Collectibles.</li><li>Gaming.</li><li>Metaverses.</li><li>Utilities.</li><li>The Situation by Segment.</li></ul>



<p><strong>8 – General Conclusions</strong></p>



<div class="wp-container-16 is-content-justification-center wp-block-buttons">
<div class="wp-block-button is-style-fill"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2022/en/q3-quarterly-nft-market-report" style="border-radius:0px" target="_blank" rel="noreferrer noopener">Download Your NFT Market Q3 2022 Report</a></div>
</div>



<h2>Q3 2022 NFT Market Performance: Building the Web3 Industry Despite Low Volumes.&nbsp;</h2>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img loading="lazy" width="714" height="859" src="http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-Market-Report-global-statistics.jpg" alt="NFT market report q3 2022 Market Report global statistics" class="wp-image-72227" srcset="http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-Market-Report-global-statistics.jpg 714w, http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-Market-Report-global-statistics-249x300.jpg 249w" sizes="(max-width: 714px) 100vw, 714px" /><figcaption><a href="https://nonfungible.com/reports/2022/en/q3-quarterly-nft-market-report" target="_blank" rel="noreferrer noopener"><em>NFT Quarterly Market Report Q3 2022 &#8211; Global Performance</em></a><em><a href="https://nonfungible.com/reports/2022/en/q3-quarterly-nft-market-report" target="_blank" rel="noreferrer noopener"> &#8211; NonFungible.com</a></em></figcaption></figure></div>


<p>The most notable indicator of global NFT statistics is that of the USD traded volume. Compared to the second quarter, it fell 77% to US$1.6 billion traded on the market from US$7.3 billion in Q2 2022.</p>



<p>It is interesting, however, that other equally important indicators have not fallen as much. For example, the number of sales fell very little (-5%) as well as that of active wallets (-17%). With respectively a volume of US$10.9 million in sales and US$1.1 million in wallets, activity is still significant during this quarter.</p>



<p>Another important element: the number of smart contracts also continued to increase by 9% to more than 17K showing that initiatives continue to be launched by project creators.</p>



<h2>The NFT Market is Reshaping and Becoming Less Centralized</h2>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img loading="lazy" width="891" height="634" src="http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022Market-share-per-project.jpg" alt="NFT market report q3 2022Market share per project" class="wp-image-72223" srcset="http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022Market-share-per-project.jpg 891w, http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022Market-share-per-project-300x213.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022Market-share-per-project-768x546.jpg 768w" sizes="(max-width: 891px) 100vw, 891px" /><figcaption><a href="https://nonfungible.com/reports/2022/en/q3-quarterly-nft-market-report" target="_blank" rel="noreferrer noopener"><em>NFT Quarterly Market Report Q3 2022 &#8211; Share Market per Project &#8211; NonFungible.com</em></a></figcaption></figure></div>


<p>During this third quarter, one of the biggest changes was the reconstitution of the market. For example, Yuga Labs&#8217; collections (<a href="https://nonfungible.com/market-tracker/boredapeclub" target="_blank" rel="noreferrer noopener">Bored Apes Yacht Club</a>, <a href="https://nonfungible.com/market-tracker/cryptopunks" target="_blank" rel="noreferrer noopener">CryptoPunks</a>, <a href="https://nonfungible.com/market-tracker/otherside" target="_blank" rel="noreferrer noopener">Otherside</a> and <a href="https://nonfungible.com/market-tracker/meebits" target="_blank" rel="noreferrer noopener">Meebits</a>) accounted for just over 30% in Q2. For this Q3, they represented 17% of the USD volume traded.</p>



<p>Despite a bearish market, we observe a change in the actors entering the NFT industry with well-established brands (Tiffany, Starbucks, Microsoft, MTV, the city of Shanghai, Ticketmaster) from all horizons launching NFT initiatives, confirming that the NFT market is quietly and slowly reaching a mainstream audience.</p>



<p>The market has therefore reshaped itself by leaving more room for other Collectibles type projects such as <a href="https://nonfungible.com/market-tracker/doodles" target="_blank" rel="noreferrer noopener">Doodles</a>, <a href="https://nonfungible.com/market-tracker/moonbirds" target="_blank" rel="noreferrer noopener">Moonbirds</a> or <a href="https://nonfungible.com/market-tracker/nouns" target="_blank" rel="noreferrer noopener">Nouns</a> but also the art and utility segments have made a breakthrough in the top 5 projects that generated the most USD traded volume. On one hand, <a href="https://nonfungible.com/market-tracker/artblocks" target="_blank" rel="noreferrer noopener">Art Blocks</a> has again aroused interest but on the other hand, a strong euphoria has also manifested itself around <a href="https://nonfungible.com/market-tracker/ethereumnameservice" target="_blank" rel="noreferrer noopener">Ethereum Name Service</a>.</p>



<p>Several categories began to form, mainly with ENS names consisting of 3 to 4 digits.</p>



<h2>NFT Collectibles Are Still Dominant, Art and Utilities Are Getting Stronger&nbsp;</h2>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img loading="lazy" width="742" height="400" src="http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-USD-volume-traded-by-segment.jpg" alt="NFT market report q3 2022 USD volume traded by segment" class="wp-image-72219" srcset="http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-USD-volume-traded-by-segment.jpg 742w, http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-USD-volume-traded-by-segment-300x162.jpg 300w" sizes="(max-width: 742px) 100vw, 742px" /><figcaption><a href="https://nonfungible.com/reports/2022/en/q3-quarterly-nft-market-report" target="_blank" rel="noreferrer noopener"><em>NFT Quarterly Market Report &#8211; Q3 2022 &#8211; USD Volume Traded by Segment &#8211; NonFungible.com</em></a></figcaption></figure></div>


<p>With over US$537 million in trading volume for the third quarter of 2022, the collectible segment represents 60% of the market share. With a 52% drop in active wallets, this means wallets that have collected Collectible NFTs have preferred to keep their NFT rather than sell it at a loss.</p>



<p>Meanwhile, the Art (14%) and Utilities (13%) segments experienced the most volume during this quarter. Only the Utility segment is standing out and showing a promising future with a volume of assets increasing (+44%) and liquidity accelerating (+5%)</p>



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<div class="wp-block-button is-style-fill"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2022/en/q3-quarterly-nft-market-report" style="border-radius:0px" target="_blank" rel="noreferrer noopener">Download Your NFT Market Q3 2022 Report</a></div>
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<h2>NFT Community Remains Active and Favors Healthier Trading Behaviors&nbsp;</h2>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img loading="lazy" width="704" height="398" src="http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-active-wallet-by-segment.jpg" alt="NFT market report q3 2022 active wallet by segment" class="wp-image-72215" srcset="http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-active-wallet-by-segment.jpg 704w, http://100.96.1.66:3001/app/uploads/2022/10/NFT-market-report-q3-2022-active-wallet-by-segment-300x170.jpg 300w" sizes="(max-width: 704px) 100vw, 704px" /><figcaption><a href="https://nonfungible.com/reports/2022/en/q3-quarterly-nft-market-report" target="_blank" rel="noreferrer noopener"><em>NFT Quarterly Market Report Q3 2022 &#8211; Active Wallets by Segment &#8211; NonFungible.com</em></a></figcaption></figure></div>


<p><em>Active Wallets: Number of wallets that bought or sold at least one NFT during the period. The number of active wallets allows you to have an estimate of the activity that took place on-chain (buying, selling, interacting with a smart contract) but it is important to keep in mind that a user can have several wallets. To find out the number of off-chain users, we recommend you ask project creators to share their statistics.</em></p>



<p>Looking at active wallets, the distribution of on-chain activity is much more diverse than the USD traded volume. The segment with the least active wallets is the Metaverse with a bit more than 17K wallets (-74% compared to Q2). That said, it is also the segment that has seen its average ownership increase by 375%.</p>



<p>This trend is not only related to the metaverse segment, we also find it in art, collectibles, gaming and utilities. NFT collectors are fewer in number but keep their assets longer. Perhaps a longer investment perspective?</p>



<h2>‘This New Generation of NFTs Will Either Be Useful or Won’t Be..’</h2>



<p>This quote from our co-founder Gauthier Zuppinger concludes the state of the NFT market for this third quarter of 2022. Indeed, the main expectation of buyers today is to find a real utility before investing. Collections with no real potential created last year are no longer traded and investments in new collections are more cautious.</p>



<p>The NFT community is therefore larger but has also become more demanding. To understand more precisely the NFT market of this Q3 2022, we invite you to download your version of the report and follow us on our different networks.</p>



<p>We would also like to warmly thank our sponsors who supported us in writing this report:</p>



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<figure class="wp-block-image size-full"><a href="https://www.sandbox.game/en/" target="_blank" rel="noreferrer noopener"><img loading="lazy" width="262" height="78" src="http://100.96.1.66:3001/app/uploads/2022/10/Sandbox_Logo_Black.png" alt="Sandbox Logo" class="wp-image-72247"/></a></figure>
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<figure class="wp-block-image size-full"><a href="https://www.upland.me/" target="_blank" rel="noreferrer noopener"><img loading="lazy" width="200" height="73" src="http://100.96.1.66:3001/app/uploads/2022/10/upland-small.png" alt="upland logo" class="wp-image-72243"/></a></figure>
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The NFT Market is stabilizing on solid and engaged communities with a healthier trading behavior. Yes, Bear Markets are hard, but everyday the NFT space continues to build the future of the web. Here’s a summary of what happened in NFT Markets during Q3 2022.

NFT Market Report Q3 2022: Build Market is Here.


<p>We featured <a href="https://nonfungible.com/news/corporate/nft-in-europe-a-motion-design-and-nft-exhibition" target="_blank" rel="noreferrer noopener">NFT in and Motion Plus Design in an article on Friday</a> and we went there on Saturday to see what an event where art occupied the main square looked like.&nbsp;</p>



<h2>NFT, Art and Artists Stories..</h2>



<p>The program was clear: the day was going to be about art!&nbsp; More specifically, the history of the artists attending the event and how they discovered and utilized NFTs in their creative practice. This event was something rare enough to be highlighted and to be honest, the change felt good!</p>



<p>At the entrance, there were no swag bags, no sponsor booths, the atmosphere was sober and cozy. In the main hall, works by the artist-speakers were displayed on screens. A professional photographer was waiting for those who wanted a souvenir photo in the colors of the event.</p>



<p>We were quickly invited to take a seat as the <a href="https://nft-in.com/" target="_blank" rel="noreferrer noopener">NFT in conference</a> began. It was 10am and the opening was made by Kook Ewo, CEO of <a href="https://motion-plus-design.com/home" target="_blank" rel="noreferrer noopener">Motion Plus Design</a> with a presentation of past events and above all, an announcement about an art center in Paris centered around Motion Design.</p>



<p>Next it was the turn of the artists presented by Colborn Bell, Founder of the <a href="https://app.museumofcryptoart.com/" target="_blank" rel="noreferrer noopener">Museum Of Crypto Art</a>. Each artist had 15 minutes to share their story and their journey, the stories were as captivating as they were exciting and here are some of them:</p>



<h2>Sofia Crespo: Natural History, AI and NFTs</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="683" src="http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-Sofia-Crespo-1024x683.jpg" alt="NFT In Europe Sofia Crespo" class="wp-image-67038" srcset="http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-Sofia-Crespo-1024x683.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-Sofia-Crespo-300x200.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-Sofia-Crespo-768x512.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-Sofia-Crespo-1536x1024.jpg 1536w, http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-Sofia-Crespo.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Sofia Crespo at NFT in Europe</em></figcaption></figure></div>



<p>As a child, <a href="https://twitter.com/soficrespo91">Sof</a><a href="https://twitter.com/soficrespo91" target="_blank" rel="noreferrer noopener">ia Crespo</a> was offered a microscope. This allowed her to become aware of a whole universe that existed beyond the perception of our eyes. While pursuing her studies, Sofia mixes plants or insects with generative art techniques&#8230; and <a href="https://unitlondon.com/exhibitions/in-our-code-group-exhibition/" target="_blank" rel="noreferrer noopener">she hears about NFTs during 2020</a>.</p>



<h2>Obvious: Art Collective Using Artificial Intelligence</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="683" src="http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-obvious-collective-1024x683.jpg" alt="nft in europe obvious collective" class="wp-image-67030" srcset="http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-obvious-collective-1024x683.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-obvious-collective-300x200.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-obvious-collective-768x512.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-obvious-collective-1536x1024.jpg 1536w, http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-obvious-collective.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Obvious at NFT in Europe</em></figcaption></figure></div>



<p>With their <a href="https://nonfungible.com/market-tracker/superrare/SUPR/133" target="_blank" rel="noreferrer noopener">first NFT sold in July 2018</a>, we can qualify the <a href="https://twitter.com/obv_ious" target="_blank" rel="noreferrer noopener">Obvious</a> collective as OG in the NFT ecosystem. Working with artificial intelligence, Obvious presented us with some of their work created from hundreds of hours of research to find the perfect combination.</p>



<h2>Braw Haus: Elevating Digital Artist</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="576" src="http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-braw-haus-1024x576.jpg" alt="nft in europe braw haus" class="wp-image-67022" srcset="http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-braw-haus-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-braw-haus-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-braw-haus-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-braw-haus-1536x864.jpg 1536w, http://100.96.1.66:3001/app/uploads/2022/09/nft-in-europe-braw-haus.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Patricia Gloom from Braw Haus presenting a video projection on an UNESCO World Heritage monument </em></figcaption></figure></div>



<p>Another talk that stood out to us was that of Patricia Gloum, co-founder with Justin Vilgrain of<a href="https://twitter.com/BrawHaus" target="_blank" rel="noreferrer noopener"> Braw Haus</a>. Created in 2018, Braw Haus aims to highlight digital artists in the real and virtual world. During her performance, she showed us the video projection on an UNESCO World Heritage monument in Iraq.</p>



<h2>Emi Kusano: NFT Japan Culture</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="576" src="http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-emi-kusano-1024x576.jpg" alt="NFT In Europe emi kusano" class="wp-image-67014" srcset="http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-emi-kusano-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-emi-kusano-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-emi-kusano-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-emi-kusano-1536x864.jpg 1536w, http://100.96.1.66:3001/app/uploads/2022/09/NFT-In-Europe-emi-kusano.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Emi Kusano at NFT in Europe</em></figcaption></figure></div>



<p>Here again, an atypical and exciting artistic journey. After a short stint in fashion, <a href="https://twitter.com/emikusano" target="_blank" rel="noreferrer noopener">Emi Kusano</a> devoted himself to music with his band Satellite Young. But the lockdowns forced her to stop and she became interested in NFTs. Her first drop on Foundation sold quickly but the adventure did not stop there: she then went on to mint the drawings of her child to create the <a href="https://twitter.com/ZombieZooArt" target="_blank" rel="noreferrer noopener">Zombie Zoo</a> collection. This was an unexpected success, today the Toei Animation will make an anime (japanese animation).</p>



<h2>The NFT Art Space is Alive and Well</h2>



<p>What we take away from this intimate conference is very positive for the future of artists who use NFTs as a medium. NFTs changed the lives of these digital artists and today they travel the world to share their experiences.</p>



<p>Having a focus only on the artists, their work and their journey, while having time to talk with them at breaks really felt good. Even if currently the market indicators are not very cheerful, the motivation and passion that emerges from this event makes us very optimistic for the future!</p>



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<div class="wp-block-image data-report-presale"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/services/businesses" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/09/Nonfungible_custom-NFT-market-data-reporting-1x114-1-1024x1024.png" alt="Monitor the performance of your presale. Ask us for custom NFT reporting" class="wp-image-66552" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/09/Nonfungible_custom-NFT-market-data-reporting-1x114-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/09/Nonfungible_custom-NFT-market-data-reporting-1x114-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/09/Nonfungible_custom-NFT-market-data-reporting-1x114-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/09/Nonfungible_custom-NFT-market-data-reporting-1x114-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/09/Nonfungible_custom-NFT-market-data-reporting-1x114-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/09/Nonfungible_custom-NFT-market-data-reporting-1x114-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


We were in Paris this Saturday, September 17th to attend NFT in, a conference about art and NFT artists coming from all over the world.

NFT in Europe: Focus on Art, Culture and NFT


<p>Everyone in the NFT ecosystem knows about <a href="https://www.nft.nyc/" target="_blank" rel="noreferrer noopener">NFT.NYC</a>. During major crypto conferences like the ETHCC, NFTs have gathered more and more attention over recent years.&nbsp;</p>



<p>After NFT.NYC and the <a href="https://nonfungible.com/news/corporate/nfc-2022-building-nft-europe-with-passion" target="_blank" rel="noreferrer noopener">Non Fungible Conference</a>, we were invited as Media Partners for NFT in Europe, a full day dedicated to NFT artists, organized by Motion Plus Design team.</p>



<h2>What is Motion Plus Design?</h2>



<p><a href="https://www.motion-plus-design.com" target="_blank" rel="noreferrer noopener">Motion Plus Design</a> was created in Paris in 2011 by a <a href="https://www.motion-plus-design.com/about#team" target="_blank" rel="noreferrer noopener">French Team</a> and has become the worldwide reference for events on the Art of Motion Design and runs on <strong>4 themes</strong>:&nbsp;</p>



<ul><li>The organization of the biggest international events dedicated to the art of Motion Design with guests like <a href="https://en.wikipedia.org/wiki/Mike_Winkelmann" target="_blank" rel="noreferrer noopener">Beeple</a>, <a href="https://news.artnet.com/market/pak-nft-91-8-million-2044727" target="_blank" rel="noreferrer noopener">PAK</a>, <a href="https://en.wikipedia.org/wiki/Kyle_Cooper" target="_blank" rel="noreferrer noopener">Kyle Cooper</a> et <a href="https://en.wikipedia.org/wiki/Yoann_Lemoine" target="_blank" rel="noreferrer noopener">Woodkid.</a></li><li>A <a href="https://www.motion-plus-design.com" target="_blank" rel="noreferrer noopener">free website with exclusive resources</a></li><li><strong>Digital art curation.</strong> <a href="https://www.motion-plus-design.com/curation" target="_blank" rel="noreferrer noopener">“Carte blanche” videos</a> based on collaborations between the world&#8217;s greatest artists.</li><li><strong>2 NFT collections of Motion Designers</strong> with a unique screen case that allows the work to be presented as <a href="https://www.motion-plus-design.com/nft/collection-new/0" target="_blank" rel="noreferrer noopener">a physical token for display.&nbsp;</a></li></ul>



<p>With the desire to bring together the most passionate people interested in the profession of motion designer, Motion Plus Design has already organized in Paris, Tokyo and Los Angeles. Fun fact, the Motion Plus Design and NFT<em> in</em> CEO, Kook Ewo, is also a title designer and has collaborated on more than forty films and series with world-class directors such as Guillermo Del Toro, Betsy West, Christophe Gans, Vincenzo Natali, Cédric Klapisch and more..</p>



<h2>What is the ‘NFT in’ Europe Event?</h2>



<p>After seeing more and more interest in NFTs during 2021, the idea of creating an event with the same philosophy took shape and Motion Plus Design organized its first<a href="https://nft-in.com/america" target="_blank" rel="noreferrer noopener"> NFT in America</a> event&nbsp; in Los Angeles. After this success, the appointment was given in Paris, at the Théâtre du Gymnase on September 17th.</p>



<p>For its first time in Europe, ‘NFT in’ will welcome on stage the <a href="https://nft-in.com/europe/speakers" target="_blank" rel="noreferrer noopener">greatest NFT artists</a> who will present their most beautiful works and their creative process. Twelve of the world&#8217;s most influential international artists will align for a day of unique conferences celebrating the artistic, cultural and technological innovations of the NFT sphere.&nbsp;</p>



<h2>NonFungible.com as Media Partner of NFT in Europe</h2>



<p>When Kook invited us to be a Media Partner, how could we refuse?&nbsp;</p>



<p>We agreed for several reasons:</p>



<ul><li>The event will prioritize and will highlight art and digital artists.</li><li>The entrance fee is accessible to the general public (<a href="https://nft-in.com/tickets" target="_blank" rel="noreferrer noopener">50€ per tickets, 15€ for students</a>, <a href="https://nft-in.com/tickets" target="_blank" rel="noreferrer noopener">10€ for livestream ticket</a>).</li><li>International reach. In addition to being able to attend the conferences remotely, audio translation headsets will be loaned out during the event.</li><li>The conference will be posted on the website free of charge after the event.</li></ul>



<p>NFT in Europe is an opportunity to meet NFT players that we would not have had the chance to discover otherwise. We will not fail to share with you the conference&#8217;s highlights as well as the works exhibited!</p>



<p>This initiative proves that the NFT ecosystem continues to grow and evolve every day and its clear there will be other events of this type not to be missed in future. Stay curious because the builders of the NFT space are already present and very active..!</p>



<h2>PARTNERS</h2>



<h3><strong>With:</strong></h3>



<ul><li><strong>Dropbox —</strong><a href="https://www.dropbox.com/" target="_blank" rel="noreferrer noopener"><strong> dropbox.com</strong></a></li></ul>



<h3><strong>Partners:</strong></h3>



<ul><li><strong>Pullman — </strong><a href="https://all.accor.com/hotel/8189/index.fr.shtml" target="_blank" rel="noreferrer noopener"><strong>pullman.accor.com</strong></a></li><li><strong>1703 — </strong><a href="http://1703.art/" target="_blank" rel="noreferrer noopener"><strong>1703.art</strong></a></li></ul>



<h3><strong>With the support of:</strong></h3>



<ul><li><strong>NFT evening — </strong><a href="https://nftevening.com/" target="_blank" rel="noreferrer noopener"><strong>nftevening.com</strong></a></li><li><strong>Cryptoast — </strong><a href="https://cryptoast.fr/" target="_blank" rel="noreferrer noopener"><strong>cryptoast.fr</strong></a></li><li><strong>The Sandbox — </strong><a href="https://www.sandbox.game/" target="_blank" rel="noreferrer noopener"><strong>sandbox.game</strong></a></li><li><strong>NFT Factory — </strong><a href="https://nftfactoryparis.com/" target="_blank" rel="noreferrer noopener"><strong>nftfactoryparis.com</strong></a></li><li><strong>NONFUNGIBLE — </strong><a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener"><strong>nonfungible.com</strong></a></li><li><strong>Kryptosphere —</strong><a href="https://kryptosphere.org/" target="_blank" rel="noreferrer noopener"><strong> kryptosphere.org</strong></a></li><li><strong>nft morning — </strong><a href="https://www.nftmorning.com/" target="_blank" rel="noreferrer noopener"><strong>nftmorning.com</strong></a></li><li><strong>NEW ART EXPERIENCE — </strong><a href="https://www.newartexperiences.com/" target="_blank" rel="noreferrer noopener"><strong>newartexperiences.com</strong></a></li><li><strong>Le Quotidien de L&#8217;Art — </strong><a href="https://www.lequotidiendelart.com/" target="_blank" rel="noreferrer noopener"><strong>lequotidiendelart.com</strong></a></li></ul>



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<div class="wp-block-image market-tracker"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/market-tracker" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-1024x1024.png" alt="What are the best performing NFT projects this week? Try our market tracker" class="wp-image-66361" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


NonFungible.com is the media partner of NFT in Europe! Who are Motion Plus Design and NFT in, why are we attending the event and what can we expect from it?

NFT in Europe: a Motion Design and NFT Exhibition


<h2>Who are you?</h2>



<p>Who am I&#8230;? Good question, I am first and foremost an entrepreneur. I like to create things without really knowing how to monetize them, but I like to create them. I began a startup 12 years ago called Food Reporter, then I created <a href="https://www.hackathon.com/" target="_blank" rel="noreferrer noopener">Bemyapp</a> (also known as <a href="https://www.hackathon.com/" target="_blank" rel="noreferrer noopener">hackathon.com</a>). It developed well, we had around a hundred customers such as Facebook, Intel, HP and others and we organized events in more than 50 countries.</p>



<p>I discovered crypto and blockchain a few years ago. We organized some events around blockchain but I wasn&#8217;t too into it. I bought Eth back then but didn&#8217;t really believe in it, then I discovered NFTs two years ago, and I took a slap! I bought a plot of land in Sandbox to organize events in the metaverse because I thought it was funny&#8230; and then I dug in and fell in love with the NFT &#8220;art&#8221; movement. I was lucky enough to witness the birth of a movement and I started collecting like crazy.</p>



<p>With my colleague Remi, we <a href="https://www.nftmorning.com/" target="_blank" rel="noreferrer noopener">created a live show on Clubhouse</a> to invite artists and entrepreneurs on a daily basis a week or two before the Beeple Hype. Basically, it was to explain the NFTs to Remi and it became a daily&#8230; and we did about 250 podcasts. In parallel we wrote a book and other things, always with the aim of democratizing NFTs.</p>



<p>To come back to the question, I would say that my goal is to federate. We organized meetups, small events and we embarked on the NFT Factory, always with the objective of bringing more and more people into NFTs and that the people who are in it can see each other.</p>



<h2>How did you come up with the idea for the Non Fungible Conference?</h2>



<p>It&#8217;s really the fusion of my two passions: NFTs on the one hand and events on the other. I was into NFTs and I participated in a lot of events around the world but I think I needed to make my interpretation of this world, to share my vision of NFTs. Because there were mostly Bitcoin or DeFi events&#8230; which is cool, but it&#8217;s not the same audience, the same passion.&nbsp; When I said I was in the NFTs, I was told &#8220;oh yeah it&#8217;s good it&#8217;s booming&#8221;. And for me I thought there was a problem. There are many events where I have noticed that most of the speakers have never minted any NFTs. That&#8217;s how I wanted to make a European event for people who know NFTs.</p>



<p>This is perhaps a somewhat radical positioning because I did not want to discover NFTs but to go to the level above. With a clear spirit to put art and artists at the heart of the processes. In 2021 we saw a lot of evolution, the big brands have put themselves on it, there are metaverses in all directions&#8230;but before the &#8220;industry&#8221; side, it&#8217;s really about putting artists at the center.</p>



<p>There are awesome metaverse projects, awesome PFP projects but for this event, it was putting art at the center of attention. Last October, I set up a small team to be able to set up the Non Fungible Conference in Lisbon a few months later.</p>



<h2>What is the biggest barrier for the mass adoption of NFTs?</h2>



<p>Honestly? There is no barrier anymore, we could talk about a technical barrier perhaps, but the main barrier today is psychological. To answer this problem of psychological barriers today and have mass adoption, a normal person might hear about it once, twice, four times &#8230; and is interested in it. Everyone, when they hear about NFTs today, thinks &#8220;it&#8217;s still weird to buy JPEGs&#8221;. Everyone went through this phase.</p>



<p>Depending on your mentality, your aversion to innovation or the trend of the world it will take more or less time for you to take an interest in it. So for me the only barrier is a time barrier.&nbsp; The only question is the faster we communicate and communicate strongly, the closer we get to this snowball effect that will allow mass adoption.</p>



<h2>How do you see NFTs in 5 years?</h2>



<p>In 5 years I think we will use the title &#8220;NFT&#8221; less. In 5 years, in the same way as the internet which is everywhere, NFTs will be everywhere. Today we use a smartphone, we use a TV, a computer, a whole series of things that depend on the internet without asking ourselves the question of whether the internet is there or not. To take an older example, it&#8217;s like electricity..</p>



<p>For me we are at that point. These are underlying technologies that make it possible to do a lot of things. You&#8217;re going to play video games, you won&#8217;t realize you&#8217;re activating, using or earning NFTs. You&#8217;re going to buy skins like that kind of thing you won&#8217;t realize that you&#8217;re going to buy goods like works of art&#8230; and during the transaction you will not realize that you are using an NFT when buying. I don&#8217;t know if it will be in 5, 7 or 10 years but we are moving towards a society where we might talk less about ‘NFTs’ but they will be just everywhere.&nbsp;</p>



<h2>Let&#8217;s go back to the NFT Factory, what are its objectives?</h2>



<p>The <a href="https://nftfactoryparis.com/" target="_blank" rel="noreferrer noopener">NFT Factory</a> is anchored in this evangelization process. When I wrote the book ‘NFT Revolution’, it was so that my father could use NFTs. The NFT Factory follows this same logic, from the outside you see an art gallery and then behind this very accessible and very simple to understand thing there is this NFT movement. The goal is that you can come in and get going with your first with very little training, a little onboarding and an understanding of what an NFT is. The goal is really to have a team of about fifty people to have a maximum referent of this universe.</p>



<p>The starting point is that we do not realize how far ahead France and even Europe is on this subject. Sandbox is one of the world leaders in the metaverse. Sorare in entertainment, Ledger in security, other companies that are not yet known, artists who are already known worldwide such as Pascal Boyart, Obvious, Allota Money&#8230; In the DeFi there are monsters that are French too.</p>



<p>If you project yourself in 5 years precisely, this kind of box will succeed GAFA. If you look at the history of GAFA, these boxes have HP and IBM who were the leaders in computing. And in my opinion, there are new leaders who will surpass the old leaders. It&#8217;s boxes, if you want them to work, the whole continent must wake up. Maybe it goes through politicians, maybe through journalists, but it goes mainly through people.</p>



<p>If tomorrow in France there are 40M wallets, which buy and exchange NFTs and well behind there is a market that journalists and politicians will follow. The goal is to start at the grassroots and take people from the bottom up to the NFTs. The more collectors, consumers, sensitized people, the more you will accelerate the snowball effect and welcome people into the ecosystem.</p>



<p>So the objectives in the NFT Factory in summary are:</p>



<ul><li>Evangelization</li><li>Formation</li><li>Event for the community and large groups</li></ul>



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Is there a better way to finish the interviews that we conducted during the Non-Fungible Conference in Lisbon by its co-organizer, John Karp?

NFT Heroes #10: John Karp, Non-Fungible Conference & NFT Factory


<p>As we announced in the first quarter of 2022, the NFT (and crypto) market was not in great shape especially since the global geopolitical context has become more complex. For this second quarter, an unfortunate trend has been confirmed and volumes no longer look like last year&#8217;s experience..!</p>



<h2><strong>Quarterly NFT Market Report Q2 2022 – Summary</strong></h2>



<p>With 55 pages dedicated to the analysis of the NFT market for the second quarter of 2022, here is the summary of the different chapters that you can find there:</p>



<p><strong>1 – The fundamentals</strong></p>



<ul><li>What is an NFT?</li><li>The data used for this report</li><li>Legal disclaimer</li></ul>



<p><strong>2 – A look back at Q2</strong></p>



<p><strong>3 – Overall performance</strong></p>



<ul><li>Q2 2022 Performance</li></ul>



<p><strong>4 – Detailed performance</strong></p>



<ul><li>Search volume</li><li>Performance by segment</li><li>Market distribution by project</li><li>Primary and Secondary Market</li><li>Average NFT Price Evolution</li><li>Active Wallets</li><li>Supply &amp; Liquidity</li></ul>



<p><strong>5 – The interview of the quarter</strong></p>



<ul><li>John Karp from the Non Fungible Conference and NFT Factory</li></ul>



<p><strong>6 – Profits &amp; losses on the market</strong></p>



<ul><li>Global performance of NFT Trading</li><li>Profit &amp; Loss per segment over time</li><li>Most profitable projects</li><li>More profitables sales</li></ul>



<p><strong>7 – Focus by segment</strong></p>



<ul><li>Crypto Art</li><li>Collectibles</li><li>Gaming</li><li>Metaverses</li><li>Utilities</li><li>The situation by segment</li></ul>



<p><strong>8 – General conclusions</strong></p>



<p>This article will introduce you to different metrics but we invite you to download the full report for free to have the most detailed overview possible!</p>



<h2>Q2 Global NFT Performance</h2>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img loading="lazy" width="632" height="744" src="http://100.96.1.66:3001/app/uploads/2022/07/Q2-2022-marche-NFT-global-stats-1.jpg" alt="Q2 2022 marche NFT global stats" class="wp-image-64215" srcset="http://100.96.1.66:3001/app/uploads/2022/07/Q2-2022-marche-NFT-global-stats-1.jpg 632w, http://100.96.1.66:3001/app/uploads/2022/07/Q2-2022-marche-NFT-global-stats-1-255x300.jpg 255w" sizes="(max-width: 632px) 100vw, 632px" /><figcaption><em>Q2 2022 Global performance &#8211; NonFungible.com</em></figcaption></figure></div>


<p>Most indicators are down in the second quarter of 2022, without much surprise given the global economic context. The main metrics are down about 25%, which is a relatively modest decline compared to cryptocurrency trends.</p>



<p>Note that also the average price of NFTs experienced a very slight drop of only 6% while crypto currencies were almost divided by 3 during the period.</p>



<h2>NFT Trading: A 25% USD Traded Drop</h2>



<p>Let’s start with the USD traded volume. The NFT market has seen a massive drop of about 25% in terms of USD traded between Q1 and Q2 2022 with a global volume of about US$8 billion in Q2 2022.</p>



<p>It&#8217;s not just the USD volume traded that has fallen. This is also the case for the number of buyers and sellers as well as the number of sales. These decreases come mainly from collectibles that have lost interest since the beginning of the year except for the &#8220;blue chip&#8221; collections.</p>



<p><a href="https://nonfungible.com/market-tracker/cryptopunks" target="_blank" rel="noreferrer noopener">CryptoPunks</a>, <a href="https://nonfungible.com/market-tracker/meebits" target="_blank" rel="noreferrer noopener">Meebits</a> and the <a href="https://nonfungible.com/market-tracker/boredapeclub" target="_blank" rel="noreferrer noopener">Bored Ape Yacht Club</a> family alone account for 30% of the USD volume traded in the global NFT market. It would therefore seem that a centralization of the market is taking place around the projects owned by Yuga Labs for this first quarter of 2022.</p>



<h2>Q2 NFT Trading Profit &amp; Loss</h2>



<p>With the fall in the price of crypto and the decline in NFT market volumes, making profits has become harder during the second quarter of 2022. Profit at resell decreased by 46% during the period, for a total loss that increased by 23% (US$1.8 billion profit for US$1.4 billion loss).</p>



<p>NFT trading records a net profit of US$460M over Q2 2022, a significant decrease compared to Q1 2022 (US$2,347M).&nbsp;</p>



<p>The Collectibles segment is paradoxically the one with the highest resale loss rate, peaking at more than $100 million per week, but which at the same time still has the most profitable sales of the quarter.</p>



<h2>Less Liquidity and More Building</h2>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img loading="lazy" width="672" height="238" src="http://100.96.1.66:3001/app/uploads/2022/07/liquidity-nft-segment.jpg" alt="liquidity nft segment" class="wp-image-64141" srcset="http://100.96.1.66:3001/app/uploads/2022/07/liquidity-nft-segment.jpg 672w, http://100.96.1.66:3001/app/uploads/2022/07/liquidity-nft-segment-300x106.jpg 300w" sizes="(max-width: 672px) 100vw, 672px" /><figcaption><em>Total volume of assets identified by segment and evolution of supply by quarter.</em></figcaption></figure></div>


<p>Very few new NFTs have been issued this quarter, with a global supply growth of only 4%. The liquidity has also considerably diminished over all segments. Secondary market remains predominant with almost 80% of the volume of USD traded, in the meantime, Primary market has constantly decreased over the period.</p>



<p>It is mainly around the <a href="https://nonfungible.com/market-tracker/ethereumnameservice" target="_blank" rel="noreferrer noopener">Ethereum Name Service</a> (ENS) that the volume has been in the Utilities sector. The decentralized domain name project has announced new updates for its product. But we have also seen a lot of speculation around three-character names.</p>



<p>Driven by <a href="https://nonfungible.com/market-tracker/otherside" target="_blank" rel="noreferrer noopener">OtherSide</a> and the continuity of the hype launched by Meta at the end of last year, metaverse projects also seem to be multiplying.&nbsp;</p>



<p>Only utility NFTs and metaverses are showing growing liquidity despite a bear market.&nbsp;</p>



<h2>NFTs Are Not Buried Yet</h2>



<p>The least we can say is that the market has changed dramatically in just one quarter. NFTs are no longer in the spotlight, the turmoil seems to have died down…for now. Let’s take this opportunity to refocus on what really brings value over time.</p>



<p>Profit is made during Bull Markets, but it is usually during the Bear Markets where real value is built.</p>



<p>If you want to know more about our prediction for the next quarter and more in-depth analysis, <a href="https://nonfungible.com/reports/2022/en/q2-quarterly-nft-market-report" target="_blank" rel="noreferrer noopener">download our free quarterly Q2 report</a>!</p>



<div style="height:30px" aria-hidden="true" class="wp-block-spacer"></div>




Over Q2 2022, the NFT industry has once again entered a building phase. Download our free Quarterly NFT Market Report Q2 2022.

NFT Market Report Q2 2022: A massive 25% USD Traded Drop


<p>In 2021, <a href="https://www.collinsdictionary.com/woty" target="_blank" rel="noreferrer noopener">“NFT” was elected word of the year by the Collins Dictionary</a>. Despite this, NFT remains a very cryptic acronym for the majority of the population. As one of the main pillars of the non-fungible token ecosystem since the early days, NonFungible.com has been dedicated to bringing clarity to the ecosystem. To that aim, our team has decided to take on the challenge and has created a thorough guide for every newcomer and aficionado eager to deepen their knowledge about this complex and growing NFT industry.&nbsp;</p>



<p><strong>Are you ready to challenge the way you view Web3?</strong></p>



<figure class="wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="NonFungible.com NFT Academy Presentation" width="500" height="281" src="https://www.youtube.com/embed/hDSAZPITJeE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
</div></figure>



<h2>4 Sections Divided in Units and Chapters for A ‘Pick &amp; Choose’ Experience!</h2>



<p>Every area of focus (section) has been divided into individual units where you will be able to access content and chapters. This division has been put in place to help those looking for specific topics, while also providing a step-by-step linear approach for those who want to read the full contents.&nbsp;</p>



<p>The chapters are short and easy to digest and the displayed reading time and level of difficulty will help you set accurate goals in your learning.</p>



<h3>Blockchain</h3>



<p>You won’t be able to fully grasp NFTs and their global relevance if you aren’t familiar with some core concepts of the blockchain.&nbsp;</p>



<p>Inside this section, we’ll explore topics such as:&nbsp;</p>



<ul><li><a href="https://nonfungible.com/academy/blockchain/what-is-blockchain" target="_blank" rel="noreferrer noopener">What is Blockchain?</a></li><li><a href="https://nonfungible.com/academy/blockchain/bitcoin-history" target="_blank" rel="noreferrer noopener">Short History of Bitcoin</a></li><li><a href="https://nonfungible.com/academy/blockchain/ethereum-history" target="_blank" rel="noreferrer noopener">Short History of Ethereum</a></li><li><a href="https://nonfungible.com/academy/blockchain/transactions" target="_blank" rel="noreferrer noopener">Different Types of Blockchain Transactions</a></li><li><a href="https://nonfungible.com/academy/blockchain/buying-selling-cryptocurrencies" target="_blank" rel="noreferrer noopener">Buying &amp; Selling Cryptocurrencies</a></li><li><a href="https://nonfungible.com/academy/blockchain/lending-borrowing" target="_blank" rel="noreferrer noopener">Lending &amp; Borrowing on the Blockchain</a></li></ul>



<p>..and many more!</p>



<div class="wp-container-10 is-content-justification-center wp-block-buttons">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/academy/blockchain" target="_blank" rel="noreferrer noopener">Explore the blockchain section</a></div>
</div>



<h3>NFT</h3>



<p>The largest section of the academy! You’ll find everything you need to know about NFTs in this section from their history to the way they are used in the digital world.</p>



<p>In this vast section, we’ll dive into:&nbsp;</p>



<ul><li><a href="https://nonfungible.com/academy/nft/what-is-an-nft" target="_blank" rel="noreferrer noopener">What Is An NFT?</a></li><li><a href="https://nonfungible.com/academy/nft/nft-history" target="_blank" rel="noreferrer noopener">History of NFTs</a></li><li><a href="https://nonfungible.com/academy/nft/why-are-nfts-important" target="_blank" rel="noreferrer noopener">Why Are Non-Fungible Tokens Important?&nbsp;</a></li><li><a href="https://nonfungible.com/academy/nft/difference-blockchain-crypto-gaming" target="_blank" rel="noreferrer noopener">Blockchain &amp; Crypto Gaming&nbsp;&nbsp;</a></li><li><a href="https://nonfungible.com/academy/nft/governance-tokens" target="_blank" rel="noreferrer noopener">Governance Tokens</a></li><li><a href="https://nonfungible.com/academy/nft?unit=trading-nft" target="_blank" rel="noreferrer noopener">Trading NFTs</a></li><li><a href="https://nonfungible.com/academy/nft?unit=minting-nft" target="_blank" rel="noreferrer noopener">Minting NFTs</a></li><li><a href="https://nonfungible.com/academy/nft?unit=nft-art" target="_blank" rel="noreferrer noopener">NFT Art</a></li></ul>



<p>As well as other key definitions and NFT applications.</p>



<div class="wp-container-11 is-content-justification-center wp-block-buttons">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/academy/nft" target="_blank" rel="noreferrer noopener">Explore the NFT section</a></div>
</div>



<h3>Analytics</h3>



<p>Equally important is how to use our free market tracker to screen the latest market trends and understand the usual metrics associated with the NFT markets before you buy or sell NFTs. The Analytics section is designed to help you navigate these sectors.</p>



<div class="wp-container-12 is-content-justification-center wp-block-buttons">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/academy/analytics" target="_blank" rel="noreferrer noopener">Explore the analytics section</a></div>
</div>



<h3>Ecosystem</h3>



<p>Last but not least, anyone who has a serious interest in NFTs needs to know how to separate the signals from the noise. This final section ‘Ecosystem’ sheds light on NFT communities and their functions based on our data and experience.</p>



<p>In this section, we’ll share our vision of the NFT space and attempt to reply to questions including:</p>



<ul><li><a href="https://nonfungible.com/academy/ecosystem/nfts-impact-environment" target="_blank" rel="noreferrer noopener">Are NFT bad for the environment?</a></li><li><a href="https://nonfungible.com/academy/ecosystem/are-nfts-the-future" target="_blank" rel="noreferrer noopener">Are NFTs the future?</a></li><li>Will the NFT market crash?</li></ul>



<p>We will also take a look at the marriage between DeFi &amp; NFTs and what it entails: liquidity mining, yield farming, and tokenomics for example.</p>



<div class="wp-container-13 is-content-justification-center wp-block-buttons">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/academy/ecosystem" target="_blank" rel="noreferrer noopener">Explore the ecosystem section</a></div>
</div>



<h2>An Easy Access to The Glossary to Support Your Reading</h2>



<p>Be prepared: While we have designed this program to ensure you are not overwhelmed by any of the topics, there is a significant amount of jargon that will need to be mastered over time.</p>



<p>All the words highlighted in light gray in the chapters have a glossary definition. Click on them and their definition will appear on the side.&nbsp;</p>



<p>If you’re ready to go a bit deeper in your understanding of the NFT space, the glossary is a great tool to look up terms you may have encountered and did not understand. You can find it anytime at the bottom of the NFT Academy main page.</p>



<p>We hope you enjoy this new resource available on our website! Whether you are here to start on your learning journey or looking for an easy program to educate those who don’t understand your love of NFTs: let’s bring the decentralized revolution forward together! </p>



<p><em>We are always delighted to hear from you. If you have feedback, comments, or suggestions concerning the Academy, feel free to </em><a href="https://nonfungible.com/contact-us" target="_blank" rel="noreferrer noopener"><em>contact us</em></a><em>.</em></p>



<p>Huge thanks to:</p>



<ul><li><strong>Max aka Besancia</strong>: Two years of hard work to delivering&nbsp;</li><li><strong>Jess</strong>: Early contributor and proofreader</li><li><strong>Audrey</strong>: SEO reviewing and updates proposals</li><li><strong>Camille &amp; Walid</strong>: Designing all the Academy</li><li><strong>Nick Muller (Knack) &amp; Kay</strong>: Reviewing and spell-checkers of all the content</li><li><strong>Dan &amp; Andreas</strong>: Making the magic happen</li></ul>



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<div class="wp-block-image">
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Introducing the NFT Academy: a thorough guide for every newcomer and aficionado eager to deepen their knowledge about this complex and growing NFT industry. 

Learn All About the NFTs and Their Ecosystem with Our NFT Academy


<p>Bear market, build market, maybe both. This year’s NFT.NYC happened shortly after a severe downturn in the crypto and stock markets that had the mainstream media questioning and in some cases claiming that NFTs were dead. This is not the case, and NFT.NYC was proof positive that the NFT market is going to continue to build, grow, and improve.&nbsp;</p>



<h2>The largest NFT.NYC to date</h2>



<p>This was the largest <a href="https://www.nft.nyc/" target="_blank" rel="noreferrer noopener">NFT.NYC</a> yet, and it came less than a year after the close of 2021’s conference (in November 2021). Over 15,000 attendees, 1,500 speakers, and 9 venues spread around Times Square and its neighboring blocks. There were 20+ categories for the three days of talks and events focusing on Art, Film, Music, DAOs, Fashion, Brands, and Sports to name a few. A common thread for the talks was building. Brands (Coach, Squarespace, Estée Lauder, The Philadelphia Eagles…) were sharing their experience and ideas on entering the NFT market, and how these ideas can grow and develop over the coming years.&nbsp;</p>



<p>PFP projects discussed adding value to their community through Metaverse activations and collection-specific gaming. And the digital billboards of Times Square were inundated with graphics and videos featuring new and existing projects, artists, collections, and platforms.</p>



<p>These were all positive signs that although we might be in the middle of a bear market, artists, musicians, developers, thought leaders, and global powerhouse brands were continuing to explore next steps in the NFT industry.&nbsp;</p>



<h2>The long and hard way to the NFT conferences</h2>



<p>While large numbers can be impressive for headlines, they can be a logistical nightmare for a conference. If <a href="https://nonfungible.com/news/corporate/our-report-about-nftnyc" target="_blank" rel="noreferrer noopener">2021’s NFT.NYC was difficult to navigate</a> and decide which events and talks one might attend, this year was near impossible. Everyone would have to pick and choose who they would see, and in doing so, decide who they would miss out on.&nbsp;</p>



<p>The Marriot Marquis was a very impressive setup and location for the event with the 2nd through 9th floor allocated to NFTNYC operations; booths, lounges, exhibitions, dining, and multiple stages for speakers.&nbsp;</p>



<div class="wp-block-image"><figure class="aligncenter size-full is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/07/marriot-hostel-nftnyc2022.jpg" alt="marriot hotel nftnyc 2022" class="wp-image-23567" width="600" height="450" srcset="http://100.96.1.66:3001/app/uploads/2022/07/marriot-hostel-nftnyc2022.jpg 600w, http://100.96.1.66:3001/app/uploads/2022/07/marriot-hostel-nftnyc2022-300x225.jpg 300w" sizes="(max-width: 600px) 100vw, 600px" /><figcaption><em>The Marriot Marquis Hall for the NFT.NYC 2022</em> &#8211;  <em><em>Photo Credit: Connor Goodman</em></em> </figcaption></figure></div>



<p>Then there were side events in addition to all the official conference events! Art shows, after parties, musical performances, and even a secret party at a secret location whose coordinates were only provided to those who were brilliant enough to crack a code and solve a puzzle.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="682" src="http://100.96.1.66:3001/app/uploads/2022/07/cyberbrokers-store-1024x682.jpg" alt="cyberbrokers store" class="wp-image-23565" srcset="http://100.96.1.66:3001/app/uploads/2022/07/cyberbrokers-store-1024x682.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/07/cyberbrokers-store-300x200.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/07/cyberbrokers-store-768x511.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/07/cyberbrokers-store.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em><a href="https://nonfungible.com/market-tracker/cyberbrokers" target="_blank" rel="noreferrer noopener">CyberBrokers</a> side event &#8211;  <em>Photo Credit: CyberBrokers</em></em></figcaption></figure></div>



<h2>Spike Lee on stage at NFT.NYC</h2>



<p>One very notable venue and speaker at this year’s conference was Radio City Music Hall, and the one and only Spike Lee.&nbsp;</p>



<p>Granted, there was some small conversation about New York baseball (see the outfit), but there was also a great conversation on intellectual property, ownership, and drive /&nbsp; grit versus talent. Spike Lee made it clear that there are plenty of talented people in the world, but the ones that stand out are those who “&#8230;put in the work, learn their craft, and do it!”&nbsp;</p>



<p>He saw how NFTs were a new medium and tool to be used for creatives and those looking to get into film. The ability to self fund a film with an NFT collection really stood out, as he stated that funding is one of the most difficult things to accomplish when starting out as a filmmaker.&nbsp;</p>



<p>As an added bonus Spike Lee also shared a wonderful story about his memories from his first NY Knicks game at Madison Square Garden.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="600" height="450" src="http://100.96.1.66:3001/app/uploads/2022/07/spike-lee-nftnyc-2022.jpg" alt="spike lee nftnyc 2022" class="wp-image-23563" srcset="http://100.96.1.66:3001/app/uploads/2022/07/spike-lee-nftnyc-2022.jpg 600w, http://100.96.1.66:3001/app/uploads/2022/07/spike-lee-nftnyc-2022-300x225.jpg 300w" sizes="(max-width: 600px) 100vw, 600px" /><figcaption><em>Spike Lee at the NFT.NYC 2022 &#8211; Photo Credit: Connor Goodman</em></figcaption></figure></div>



<h2>NFTs are not dead</h2>



<p>NFTs are not dead, there are many brands and artists who haven’t even begun thinking about how they can utilize this new medium and capabilities for their products and creations.&nbsp;</p>



<p>Maybe it’s a good thing that the hype has slowed, that the over speculative nature of flippers and money markets have cooled down? There are certainly many opportunities to be had in Web3 and from the looks of things we will continue to grow, build, and improve.&nbsp;</p>



<p>Bear market? Build market?</p>



<p>Both.</p>



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<div class="wp-block-image consulting-banner"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/services/businesses" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1024x1024.png" alt="We help corporations enter the NFT industry. See our consulting services" class="wp-image-66351" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


We went to the 4th edition of the NFT.NYC which took place in New York from June 20 to 23, 2022. Here are our impressions of the biggest NFT.NYC to date!

Our NFT.NYC 2022 Report


<h2>Shaban Shaame, Crypto OG</h2>



<p><strong>Besancia</strong>: Hello Shaban and thank you for your time! As part of our series on the key players in the ecosystem, I wanted to ask you a few questions. Let&#8217;s start with the first one, can you introduce yourself?</p>



<p><strong>Shaban</strong>: I am the founder of EverdreamSoft and producer of The Spell of Genesis game. Today, I focus on NFTs on different blockchains. For example, with Spell of Genesis, NFTs exist on Bitcoin, Ethereum, and Klaytn. The idea is to leave it up to the user to choose the blockchain where they want to mint their NFTs.&nbsp;</p>



<h2>In 2014, what drove you to get into NFTs?</h2>



<p><strong>Shaban</strong>: In 2012, I heard about Bitcoin with the MtGox flaw and a few articles speaking about Bitcoin going from $50 to $100, then another that said Bitcoin had gone from $100 to $200..I had to get some! Then I really started to take an interest in what was behind it all and I still haven&#8217;t lost interest in it today.</p>



<p>There was some research that caught my attention, it was the Colored Coin. Take a small fraction of Bitcoin and say that it is something else like another currency or an object. The idea of using Blockchain no longer as a currency but rather as an indicator for something else was fascinating!&nbsp;</p>



<p>Then Counterparty came out that solved a problem which existed with Colored Coin. On Colored Coin, if we ever sent an asset to an incompatible address, the data was lost. With Counterparty, this problem was solved. Even with an incompatible one, you didn&#8217;t lose your metadata. At that time, we had a game at Everdreamsoft called Moonga, a collectible card game like Hearthstone.</p>



<p>Players would exchange in-game cards using Paypal then they would try to revert the transaction by contacting the support. This way, they could keep the cards and the money&#8230; </p>



<p>That&#8217;s when we said to ourselves &#8220;what if we emulated the card game directly on-chain?&#8221;. In this way the user is the only master on board and he is solely responsible for the exchange of his cards.</p>



<h2>At that time, were there any technical limitations to using NFTs on Counterparty?</h2>



<p><strong>Shaban</strong>: Not really. The idea was to put metadata on a currency. The transaction fees were very low and it was quite positive. It wasn&#8217;t really a technical limitation, rather an access limitation.&nbsp;</p>



<p>The players who were already following us have not managed to take the crypto train, find Bitcoins, buy Bitcoins, create a wallet&#8230; and the idea of value that the card was going to exist on-chain, <em>ad vitam eternam</em> was not well understood.</p>



<h2>What do you think of the NFT ecosystem today?</h2>



<p><strong>Shaban</strong>: The bet I took in 2015 was that this trend would remain. The strategy I decided to follow was to continue the development of Spell of Genesis. But I also knew that other companies were going to develop their game. So rather than trying to compete with Ubisoft for example, we also started to develop tools for companies.</p>



<p>This is the natural evolution of this bet, I am happy that it evolves but I did not doubt it, on the other hand I am quite surprised at the speed at which it accelerated. It was quite flat and then all of a sudden an explosion of interest so it looks a bit like a bubble rise phenomenon. A bit like in 2017 with ICOs, then it corrected a lot, people said &#8220;it&#8217;s dead&#8230;&#8221; but this is the time when projects and technology are being built in the background.</p>



<p>There is a lot of opportunism but at some point it will correct itself and what will remain are the strong fundamentals. At the moment we are still in a euphoria bubble stage that will correct but we are still at the very beginning.</p>



<h2>How do you see NFTs in the next 5 years?</h2>



<p><strong>Shaban</strong>: At the moment it&#8217;s a bit of a wild west and I think there will soon be a whistle signaling the end of the playground. Right now there are a lot of scams, copyright infringements, a whole bunch of things that are induced by the link between the asset and the token. The tokens are managed by the smart contract but the problem lies in the underlying asset.</p>



<p>For example, I can create the same asset on different blockchains. The token will be unique but not the asset. In relation to this issue, we are working on a decentralized certification authority.</p>



<p><strong>Besancia</strong>: It&#8217;s ambitious.</p>



<p><strong>Shaban</strong>: It&#8217;s ambitious, yes! It is a Blockchain to certify NFTs on any Blockchain. We must find a way to form a consensus that can determine whether a particular NFT is a true or a false one. The problem with a centralized platform is that it won&#8217;t be able to track everything that happens. It has to be decentralized, we can&#8217;t trust only one entity to say &#8220;this is a real one&#8221; or &#8220;this is a fake&#8221;.</p>



<h2>What is the biggest barrier to mainstream adoption of NFTs?</h2>



<p><strong>Shaban</strong>: One of the barriers to mainstream adoption is the number of scams. This is an important issue because it is a matter of trust. An informed user will be able to look at the smart contract and identify if the author is the right one, if the function called is the right one&#8230; For an average user, it is beyond his abilities. It is even dangerous for him to come into this ecosystem, for example on Opensea there are a lot of fakes and it can be very easy to lose money by buying one.</p>



<p>It&#8217;s better that ordinary users are not yet there in the ecosystem because the more they arrive, the more they get scammed and the more there is a form of negative vision about NFTs. We see it in the world of video games with Ubisoft when they announced their NFT&#8230; There has been a huge amount of hate from users.</p>



<p>Why? Because they think it&#8217;s a dark world full of liars and thieves&#8230; But from this outside perspective, when they see their favorite studio enter the NFT, they tell themselves that it has moved to the dark side of the force, only to make more money.</p>



<p>While it&#8217;s not that at all, it&#8217;s much bigger than that, they want to be part of the ongoing revolution.</p>



<h2><strong>Conclusion</strong></h2>



<p>There is little doubt that the world of NFTs will continue to astonish newcomers for some time ahead but having the ability to hear from a true NFT OG puts into perspective the recent hype and shows us how far we have traveled, bringing a vision of the future to come..</p>


During the Non Fungible Conference in Lisbon 4-5th April 2022, we were fortunate to interview key players in the ecosystem. Shaban Shaame from EverdreamSoft was able to answer our questions!

NFT Heroes #9: Shaban Shaame from Everdream Soft


<h2>Jæn, Crypto Artist and Art Director</h2>



<p><strong>Besancia</strong>: Hello Jæn and thank you for your time! As part of <a href="https://nonfungible.com/news/corporate/nft-heroes-07-paul-fxhash" target="_blank" rel="noreferrer noopener">our series on the key players in the ecosystem</a>, I wanted to ask you a few questions, firstly let me ask you to introduce yourself.</p>



<p><strong>Jæn</strong>: I started my artistic career in traditional, physical art, 3D printed street art and augmented reality. I also made a lot of commercial illustrations with clients like Disney, Diesel and PayPal. I had been playing with digital for a while, and I felt that you shouldn&#8217;t necessarily wait until you have a physical justification to create a digital work.</p>



<p>In 2020, when I discovered NFTs it answered all the questions I was asking myself. No need to have a physical medium to enhance digital art. It already works, there is a lively culture.. I switched to full-time at the end of 2020 without hesitation.</p>



<h2>Do you have a project right now?</h2>



<p><strong>Jæn</strong>: Yes! It&#8217;s called The Big Dream, with a collective named Dreame. We managed to form a team of more than 60 artists from all over the planet and above all, with more than 50% women! Parity is something that is very important for this project.&nbsp;</p>



<p>We collect dreams from all over the world. The concept is very simple: just go to <a href="https://big.drea.me" target="_blank" rel="noreferrer noopener">big.drea.me</a> and give your vision of the world in 2030. How would you dream of the world in 2030?</p>



<p>We collected thousands of dreams from all over the world and then the artists drew from this database and illustrated it. It&#8217;s really quite a moving and special experience, it feels like you&#8217;re digging into the subconscious of humanity.</p>



<p>Among these artworks, we made 500 that we then merged to make a single large one. This set has already been exhibited all around the world: Time Square, Shibuya, Spain, London&#8230; And we want to continue to go around the world to continue to bring people and their dreams closer together through this artistic project!</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="955" height="728" src="http://100.96.1.66:3001/app/uploads/2022/05/dreame-exhibit-location.jpg" alt="dreame exhibit location" class="wp-image-22721" srcset="http://100.96.1.66:3001/app/uploads/2022/05/dreame-exhibit-location.jpg 955w, http://100.96.1.66:3001/app/uploads/2022/05/dreame-exhibit-location-300x229.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/05/dreame-exhibit-location-768x585.jpg 768w" sizes="(max-width: 955px) 100vw, 955px" /><figcaption><a href="https://www.big.drea.me/" target="_blank" rel="noreferrer noopener">Drea.me</a> exhibition location</figcaption></figure></div>



<p>This big patchwork new work was sold as an <a href="https://niftygateway.com/marketplace/collection/0x7a40dceff3693d6274a17bc11b00ab1afaa8a581" target="_blank" rel="noreferrer noopener">open edition on Nifty Gateway</a>. And this collage was also sent to the International Space Station to be exhibited inside, the first crypto art to do so!</p>



<p>There will also be an auction of a unique edition that will allow the collector to choose from the 500 works in order to make it a &#8220;curated collection&#8221;. A third of the profits generated by the sales of this new collection would be donated to the artist selected by the collector, a third to whole collection, and therefore a third to the Collector-Curator. That’s the current plan.</p>



<p>15% of the sales will be donated to charities in total, 10% of which will be managed by the collectors of the 2 NFTs, with a distribution inspired by the dreams collected. For example, if there are 15% who dream of stopping the war in the world, 15% of the funds will be used for this cause.</p>



<h2>How do you see the NFT ecosystem in 5 years?</h2>



<p><strong>Jæn</strong>: It&#8217;s complicated, there are a lot of predictions. Everyone gets excited about blockchain gaming but it&#8217;s when everyone is excited about something that you need to take a step back right? I’ve noticed that the game design, scenario, or gameplay parts are often overlooked in the &#8216;<a href="https://nonfungible.com/academy/nft/gamefi-play-to-earn" target="_blank" rel="noreferrer noopener">Play to Earn</a>&#8216; (P2E) games I’ve seen. Players are happy to make money but don&#8217;t say &#8220;I&#8217;m happy playing the game&#8221;.</p>



<p>Some say that art or visual creation will fade with NFTs. I disagree with that, every artist manages to use NFTs in a way so specific to them that it will necessarily give way to something very interesting. I don&#8217;t see a logical explanation why <a href="https://nonfungible.com/news/art/the-cryptoart-movement" target="_blank" rel="noreferrer noopener">crypto-art</a> would go away.</p>



<p>I also think that NFTs will develop into everyday applications, with <a href="https://nonfungible.com/news/utility/fixing-event-ticketing-with-nft" target="_blank" rel="noreferrer noopener">NFT concert tickets</a> or membership passes for example. By a big adoption, rather a generalization. To return to art, generative art is finding its place but it is especially programmable art that I find incredible. On Async Art, in particular, there is no need to know how to code to make programmable art! For a code newbie like me, it&#8217;s just perfect. If this could be the direction that NFTs are taking in the future, tout would be the dream!</p>



<h2>In your opinion, what is the barrier to NFT &#8220;mass adoption&#8221; by the general public?</h2>



<p><strong>Jæn</strong>: I would say learning how to manage a wallet. Even if today there are custodial solutions that allow you to have a wallet just thanks to a login and a password, this brings some complications. For example, with our drop on Nifty Gateway, we realized that as long as the NFT was held on the platform, it did not really exist. You can&#8217;t interact with it (except with an API but it&#8217;s extremely complicated). It&#8217;s good for a bigger adoption but it has limits.</p>



<p>I don&#8217;t really see how to simplify it, maybe it just takes time for people to learn <a href="https://nonfungible.com/academy/nft/buying-first-nft" target="_blank" rel="noreferrer noopener">how to set up a crypto wallet</a>?</p>



<h2>Conclusion</h2>



<p>As we progress through our series of interviews with ecosystem players, it becomes so apparent that the future will be rich with innovative ideas and projects.&nbsp;</p>



<p>These will no doubt form the basis for a new digital reality likely to span over the next few decades shaping the world to come across multiple industries.</p>



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<div class="wp-block-image academy-upsell"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/academy" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-1024x1024.png" alt="Need help understanding the NFT ecosystem? Explore the NFT Academy" class="wp-image-66341" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


During the Non Fungible Conference in Lisbon, which took place 4-5 April 2022, we were honored to have been able to interview key players from across the NFT ecosystem. We were very fortunate to have the opportunity to speak with crypto artist Jæn who was kind enough to answer our questions!

NFT Heroes #8: Jæn


<h2>Paul, Growth &amp; Community Manager at fxhash</h2>



<p><strong>Besancia</strong>: Hello Paul and thank you for your time! As part of <a href="https://nonfungible.com/news/corporate/nft-heroes-gaspard-broustine-ledger" target="_blank" rel="noreferrer noopener">our series on the key players in the ecosystem</a>, I wanted to ask you a few questions. Let&#8217;s start with the first one, can you introduce yourself?</p>



<p><strong>Paul</strong>: I’m a fxhash community manager and, together with others, am responsible for the platform’s growth. fxhash is a platform for creating and collecting generative art NFTs on the Tezos blockchain. Since launching in 2021, we’ve witnessed an explosion of interest in creating art with code and have given that art a home – we don’t curate the platform, so anyone can release an NFT art project here.&nbsp;</p>



<h2>How did you discover NFTs?</h2>



<p><strong>Paul</strong>: I originally discovered NFTs because of the Beeple sale, which I think makes me an NFT late bloomer! Afterward, I seemed to read about NFTs everywhere I turned until I finally discovered <a href="https://nonfungible.com/market-tracker/artblocks" target="_blank" rel="noreferrer noopener">Art Blocks</a>. However, I was instantly priced out of AB works and didn’t want to pay the obscene ETH gas prices, nor could I ignore <a href="https://nonfungible.com/academy/ecosystem/nfts-impact-environment" target="_blank" rel="noreferrer noopener">the environmental impact of ‘Proof of Work’ blockchains</a>.&nbsp;</p>



<p>So, while my generative art obsession became stronger, I sought out an environmentally-friendly alternative and discovered <a href="https://tezos.com/" target="_blank" rel="noreferrer noopener">Tezos</a> and the legendary Hic et Nunc art platform (it is now extinct but the community has created its own version called <a href="https://teia.art/" target="_blank" rel="noreferrer noopener">Teia</a>). After that, it was game over – I was full-blown addicted to NFTs.</p>



<h2>Do you think NFT and generative art changed traditional digital art?</h2>



<p><strong>Paul</strong>: Yes, without a doubt. Generative art and NFTs are a powerful combination that is taking digital art to its limits – and even beyond them. Before NFTs, there was no real, immutable, and decentralized way to prove ownership of a digital item. But now, because of NFTs, we can easily confer the same uniqueness physical objects have enjoyed to digitally native things like art.&nbsp;</p>



<p>Generative art NFTs stretch this paradigm even further. An artist’s algorithm can often produce an unlimited quantity of unique iterations, each of them a part of the meta-project with easily identifiable provenance, yet they also exist as singular assets.</p>



<h2>How do you see NFTs in 5 years?</h2>



<p><strong>Paul </strong>: In five years, we will no longer be speaking about NFTs because they’ll be the default standard for asset issuance, ownership, and authenticity. NFTs will be everywhere, likely backing many things we take for granted today, like event tickets and deeds. Since NFTs will back the authenticity of most, if not all transactable objects, we’ll probably drop the whole “NFT” thing. So, art NFTs will just be art.&nbsp;</p>



<h2>What is the biggest barrier to NFT Mass adoption?</h2>



<p><strong>Paul</strong>: Right now, I think it’s the onboarding. There are still a lot of technical terms, it’s super geeky… Look, there’s Gucci making an NFT drop but it looks like they didn’t know how to do it. You still have to create a wallet, which introduces technical difficulties and special knowledge requirements. We’re still in the Wild West days for NFT adoption – it’s going to take tons of education, outreach, and simplifying the user experience before NFTs gain true mass adoption.&nbsp;</p>



<h2>Any preferred Art Generative project?</h2>



<p><strong>Paul</strong>: <a href="https://www.fxhash.xyz/marketplace/generative/2969" target="_blank" rel="noreferrer noopener">Garden, Monoliths by Zancan</a> is my goal right now. It’s such a beautiful and exceptional work of art, and it’s also hard to believe it’s created with code. Garden, Monoliths (or <em>Gardens</em> for short) also perfectly represents the NFT generative art renaissance happening on Tezos now. Tezos uses 2 million times <em>less</em> energy than Ethereum, making it a truly green blockchain, thus preserving more greenspace for IRL gardens, too.</p>



<h2>What if<strong> </strong>I love Generative art but I don’t know how to code?</h2>



<p><strong>Paul</strong>: Actually, me neither! But what’s great about fxhash is you can see and read the code to understand the artist’s logic and creative process. Everybody can see and comment on the code – and thanks to this transparency, it’s easy to verify an artwork’s originality and also set the artist’s signature in stone on the blockchain.&nbsp;</p>



<p>The <a href="https://discord.com/invite/fxhash" target="_blank" rel="noreferrer noopener">fxhash discord</a> is also a great place to congregate if you want to learn to code &#8211; there are super successful artists who are humble enough to just chill in the support channels and help anyone trying to learn.</p>



<h2>Any future projects?</h2>



<p><strong>Paul</strong>: Not right now. We are fully focused on fxhash because it’s still very early and young and we need to continue building core platform features, even after our release of the full platform.&nbsp;</p>



<p>Our current focus is on empowering everyday collectors to become curators, giving artists even more modularity for dropping new artwork, and further enhancing current marketplace features.&nbsp;</p>



<h2>Conclusion</h2>



<p>Fascinating to see how people who call themselves late to the scene are building core ecosystem projects such as fxhash.&nbsp;</p>



<p>The question arises, are they truly late or, more likely, are these recent passionate members of the ecosystem merely joining a growing movement that will continue to expand for decades to come?</p>



<div style="height:20px" aria-hidden="true" class="wp-block-spacer"></div>



<div class="wp-block-image portfolio-valuation-banner"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/services/collectors" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Asset-Valuation-1x117-1-1024x1024.png" alt="Do you know the value of your NFTs?" class="wp-image-66346" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Asset-Valuation-1x117-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Asset-Valuation-1x117-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Asset-Valuation-1x117-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Asset-Valuation-1x117-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Asset-Valuation-1x117-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Asset-Valuation-1x117-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


During the Non Fungible Conference in Lisbon, which took place 4-5 April 2022, we were honored to have been able to interview key players from across the NFT ecosystem. Paul, Growth & Community Manager at fxhash answered our questions!

NFT Heroes #7: Paul from fxhash


<p>We have been part of the Ethereum NFT Ecosystem since its infancy and one of our core ethos has always been to bring transparency and education to the space.</p>



<p>The financial element around NFTs, although an integral part, can go some way to distracting with hype from the innovative technology behind every new project.</p>



<p>We provide free NFT data and free market reports to give to everyone the most accurate overview of the NFT market. As with every other NFT builder in the ecosystem, our product is being improved on an ongoing basis.&nbsp;</p>



<p>Here are some insights to assist with understanding how to use our data to its fullest potential and where we’re heading this year.</p>



<h2>Which blockchains we’re tracking and how we use data</h2>



<div class="wp-block-image"><figure class="aligncenter size-full is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/05/Blockchain-Data-tracked-for-our-2021-Yearly-Report.jpg" alt="Blockchain Data tracked for nonfungible.com 2021 Yearly Report" class="wp-image-21304" width="637" height="474" srcset="http://100.96.1.66:3001/app/uploads/2022/05/Blockchain-Data-tracked-for-our-2021-Yearly-Report.jpg 849w, http://100.96.1.66:3001/app/uploads/2022/05/Blockchain-Data-tracked-for-our-2021-Yearly-Report-300x223.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/05/Blockchain-Data-tracked-for-our-2021-Yearly-Report-768x572.jpg 768w" sizes="(max-width: 637px) 100vw, 637px" /><figcaption><em>Blockchain Data tracked for our </em><a href="https://nonfungible.com/reports/2021/en/yearly-nft-market-report" target="_blank" rel="noreferrer noopener"><em>2021 Yearly Report</em></a></figcaption></figure></div>



<p>Today, we’re tracking the NFT sales on three blockchains :&nbsp;</p>



<ul><li>ERC-721 on Ethereum (no ERC-1155 yet),&nbsp;</li><li>Flow</li><li>Ronin</li></ul>



<p>All the data we’re using are coming straight from the blockchain.&nbsp;</p>



<p>No API.&nbsp;</p>



<p>No third-party.&nbsp;</p>



<p><br>We run a full-archive Ethereum Node and develop proprietary technology to track all the NFT sales regardless of the project, currency, or marketplace.</p>



<p>We have read-access to the Flow network.<br>We are the <a href="https://explorer.roninchain.com/validators" target="_blank" rel="noreferrer noopener">longest-running validator of the Ronin network</a>.</p>



<p>We currently track Ethereum, Ronin, and Flow but Ethereum data has been the only one displayed on the website so far.&nbsp;The good news is: the two other chains will be available shortly but that does mean the current backfilling is currently impacting the market tracker for the time being.</p>



<h2>Our values: integrity, transparency &amp; clarity</h2>



<p>Every day, we keep improving our methodology and our tools in accordance with the “Web3 ethos”.&nbsp;</p>



<p><strong>Integrity in the NFT market is one of our goals.</strong></p>



<p>It’s easy to be misled by data in our industry so we purposefully choose to only present to you information we are 100% sure of.</p>



<p>That’s why some marketplaces such as <a href="https://rarible.com/" target="_blank" rel="noreferrer noopener">Rarible</a>, <a href="https://x2y2.io/" target="_blank" rel="noreferrer noopener">X2Y2</a>, or <a href="https://looksrare.org/" target="_blank" rel="noreferrer noopener">Looksrare</a> are not included in our data. The reward offered on these marketplaces incentivizes wash trading. Therefore, we do not count these sales as legitimate. We look forward to presenting this data when we’ll have the tools to automatically identify the outliers in real-time.</p>



<p>In the meantime, feel free to <a href="https://nonfungible.com/reports/2021/en/special-safe-practices" target="_blank" rel="noreferrer noopener">check out our free “NFT Good Practices” guide</a>.</p>



<p>We will always verify first: we do see every NFT collection when they come out but we choose to check the smart contract before adding the metadata to our database.&nbsp;</p>



<p><strong><strong>To ensure data transparency, we build all of our own tracking &amp; analysis tools.</strong></strong></p>



<p>This requires expertise and time, and just like any other technology-based activity, bugs can and do occur. We’re happy to discuss our methodology or what features should be added with you. Feel free to <a href="https://nonfungible.com/bug-report" target="_blank" rel="noreferrer noopener">report any bug</a> you might come across on our website.&nbsp;</p>



<p><strong>Finally, we aim to be as clear and transparent as possible with our audience</strong>. That’s why our methodology is explained in every report or analysis we release.</p>



<h2>Our next moves</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="758" src="http://100.96.1.66:3001/app/uploads/2022/05/our-next-moves-at-NonFungible-1024x758.jpg" alt="our next moves at NonFungible" class="wp-image-21306" srcset="http://100.96.1.66:3001/app/uploads/2022/05/our-next-moves-at-NonFungible-1024x758.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/05/our-next-moves-at-NonFungible-300x222.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/05/our-next-moves-at-NonFungible-768x569.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/05/our-next-moves-at-NonFungible-1536x1138.jpg 1536w, http://100.96.1.66:3001/app/uploads/2022/05/our-next-moves-at-NonFungible.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Our next moves at NonFungible.com</em></figcaption></figure></div>



<p><strong>A supercharged team</strong></p>



<p>The tracking of new chains took us somewhat longer than initially anticipated. This is due to certain complexities which is to be expected with such fringe technology.&nbsp;</p>



<p>But here’s the good news: we’re now listing new projects every week and planning to add more blockchains on our Market Tracker.&nbsp;</p>



<p>Ronin was added for Axie Infinity in April 2022.&nbsp;</p>



<p>Flow is included in our <a href="https://nonfungible.com/reports/2022/en/q1-quarterly-nft-market-report" target="_blank" rel="noreferrer noopener">latest report</a>.</p>



<p>So you can guess who will be next on our website&#8230;&nbsp;</p>



<p>And they won’t be the only ones to be added this year!</p>



<p>Even if we’re not “testing in production”, there will be bugs and there will be backfilling sessions. We keep an eye on this and we’re always thankful for bug reports from your side.</p>



<p>We are proud to be so prominent and trusted in the space by so many newcomers and OGs alike. We&#8217;re still building out the tools we’ve imagined existing since 2017: a marketplace-agnostic NFT tracker to help everyone access the most accurate and complete NFT data possible.&nbsp;</p>



<p><strong>Building Web3 in a collaborative way is the only way we trust and we will continue to bring you tools and data.</strong></p>



<div style="height:20px" aria-hidden="true" class="wp-block-spacer"></div>



<div class="wp-block-image market-tracker"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/market-tracker" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-1024x1024.png" alt="What are the best performing NFT projects this week? Try our market tracker" class="wp-image-66361" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Market-Tracker-1x14-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


We’re providing free NFT data & reports to give you the most accurate overview of the NFT market. Here’s how to use our data and where we’re heading this year.

Our commitment to building a better Web3


<p>The NFT market experienced strong euphoria in 2021, mainly driven by the Collectibles segment. But at the end of the year, the various volumes began to decline and this trend continued in the first quarter of 2022. This is explained in particular by a rather complex geopolitical context but not only.</p>



<ul><li>How has the war in Ukraine affected the NFT market?</li><li>What were the trends that marked this first quarter?</li><li>Is the NFT market dead?</li></ul>



<h2><strong>Quarterly NFT Market Report Q1 2022 &#8211; Summary</strong></h2>



<p>With 54 pages dedicated to the analysis of the NFT market for the first quarter of 2022, here is the summary of the different chapters that you can find there:</p>



<p><strong>1 &#8211; The fundamentals</strong></p>



<ul><li>What is an NFT?</li><li>The data used for this report</li><li>Legal disclaimer</li></ul>



<p><strong>2 – A look back at Q1</strong></p>



<p><strong>3 – Overall performance</strong></p>



<ul><li>Q1 2022 Performance</li></ul>



<p><strong>4 &#8211; Detailed performance</strong></p>



<ul><li>Search volume</li><li>Performance by segment</li><li>Market distribution by project</li><li>Primary and Secondary Market</li><li>Average NFT Price Evolution</li><li>Active Wallets</li><li>Supply &amp; Liquidity</li></ul>



<p><strong>5 – The interview of the quarter</strong></p>



<ul><li>Shaban Shaame from EverDreamSoft</li></ul>



<p><strong>6 – Profits &amp; losses on the market</strong></p>



<ul><li>Global performance of NFT Trading</li><li>Profit &amp; Loss per segment over time</li><li>Most profitable projects</li><li>More profitables sales</li></ul>



<p><strong>7 &#8211; Focus by segment</strong></p>



<ul><li>Art</li><li>Collectibles</li><li>Gaming</li><li>Metaverses</li><li>Utilities</li></ul>



<p><strong>8 &#8211; General conclusions</strong></p>



<p>This article will introduce you to different metrics but we invite you to download the full report for free to have the most detailed overview possible!</p>



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<h2><strong>How the NFT Market reacted to the Ukraine war</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="900" height="584" src="http://100.96.1.66:3001/app/uploads/2022/04/Google-trends-NFTs-Ukraine-Q1-2022.jpg" alt="Google trends NFTs Ukraine Q1 2022" class="wp-image-21102" srcset="http://100.96.1.66:3001/app/uploads/2022/04/Google-trends-NFTs-Ukraine-Q1-2022.jpg 900w, http://100.96.1.66:3001/app/uploads/2022/04/Google-trends-NFTs-Ukraine-Q1-2022-300x195.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/Google-trends-NFTs-Ukraine-Q1-2022-768x498.jpg 768w" sizes="(max-width: 900px) 100vw, 900px" /><figcaption><em>Search volume around &#8220;Non Fungible Tokens&#8221; &amp; &#8220;Ukraine&#8221; Topics. Source: Google Trends</em></figcaption></figure></div>



<p>One of the most significant events of this first quarter is the war in Ukraine. This is probably what has marked the biggest brake in the industry as we can see on this Google Trends search chart.</p>



<p>With the media oversaturating on the subject towards the end of the year, it was natural for the interest to drop. Another important factor is the Fed&#8217;s announcements at the beginning of the year regarding the slowdown in &#8220;anti-covid&#8221; financial measures.&nbsp;</p>



<h2><strong>Global NFT performance</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="677" height="588" src="http://100.96.1.66:3001/app/uploads/2022/04/Global-NFT-Performance-Q1-2022.jpg" alt="Global NFT Performance Q1 2022" class="wp-image-21096" srcset="http://100.96.1.66:3001/app/uploads/2022/04/Global-NFT-Performance-Q1-2022.jpg 677w, http://100.96.1.66:3001/app/uploads/2022/04/Global-NFT-Performance-Q1-2022-300x261.jpg 300w" sizes="(max-width: 677px) 100vw, 677px" /><figcaption><em>Global NFT Performance Q1 2022</em></figcaption></figure></div>



<p>Overall, the indicators are bearish. As we announced in our 2021 annual report, a decrease in NFT sales volume due to the saturation of the collectible market was to be expected. Many projects, such as Profile Picture (PFP) with a 10,000 asset supply have declined sharply to make way for projects with less supply.</p>



<p>However, this drop in sales volume is accompanied by a much smaller drop in the volume of dollars traded (only 5% drop).</p>



<p>Although the number of active wallets is also decreasing, the number of buyers is still higher than the number of sellers which means that the interest in buying NFT is still present.</p>



<p>With nearly $8 billion traded in the first quarter of 2022, the market cannot really be considered to have collapsed. We are observing a stabilization of the NFT market, in line with the last quarter of 2021.</p>



<p>However, two indicators are on the rise:</p>



<ul><li>The number of smart contracts increased by 10.46%, from 1,271 in Q4 2021 to 1,404 in Q1 2022</li><li>The average price of non-fungible tokens&nbsp; increased by 80%, from $587 in Q4 2021 to $1,057 in Q1 2022</li></ul>



<p>The increase in the number of smart contracts means an increase in the number of projects that are created and are active. The builders of web3 are still present, and their number is increasing. The average price of NFTs was driven by sales of &#8220;bluechips&#8221; projects such as <a href="https://nonfungible.com/market-tracker/boredapeclub" target="_blank" rel="noreferrer noopener">Bored Ape Yacht Club</a>, <a href="https://nonfungible.com/market-tracker/cryptopunks" target="_blank" rel="noreferrer noopener">CryptoPunks</a>, <a href="https://nonfungible.com/market-tracker/azuki" target="_blank" rel="noreferrer noopener">Azuki </a>or <a href="https://nonfungible.com/market-tracker/cyberbrokers" target="_blank" rel="noreferrer noopener">Cyberbrokers</a>.</p>



<p>Find more advanced metrics in our report !</p>



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<h2><strong>Primary and secondary NFT Market</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="442" src="http://100.96.1.66:3001/app/uploads/2022/04/Sales-USD-number-NFT-sales-Q1-2022-1024x442.jpg" alt="Sales USD number NFT sales Q1 2022" class="wp-image-21100" srcset="http://100.96.1.66:3001/app/uploads/2022/04/Sales-USD-number-NFT-sales-Q1-2022-1024x442.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/Sales-USD-number-NFT-sales-Q1-2022-300x129.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/Sales-USD-number-NFT-sales-Q1-2022-768x331.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/Sales-USD-number-NFT-sales-Q1-2022.jpg 1046w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Volume of sales and dollars traded. NFT Primary market and Secondary market (Q1 2022)</em></figcaption></figure></div>



<p>The secondary market represents almost 90% of the value in circulation for approximately 70% of the sales volume.</p>



<p>As a reminder, the secondary market in 2021 represented:</p>



<ul><li>47% of transactions</li><li>82% of the value traded</li></ul>



<p>We observe here a very clear decline in the primary market, which is explained by a (healthy) slowdown in the production of assets on the market. The frenzy of new NFTs seems to have slowed and most of the value remains in the secondary market.</p>



<p>This trend gives the feeling that the secondary market is still trying to “digest” all the NFTs that were issued in the primary market last year. We are in a post-saturation phase of the market, which helps to explain this slowdown.</p>



<p>Find more advanced metrics in our report !</p>



<h2><strong>NFT Activity by segment</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="708" height="749" src="http://100.96.1.66:3001/app/uploads/2022/04/NFT-segment-activity-Q1-2022.jpg" alt="NFT segment activity Q1 2022" class="wp-image-21098" srcset="http://100.96.1.66:3001/app/uploads/2022/04/NFT-segment-activity-Q1-2022.jpg 708w, http://100.96.1.66:3001/app/uploads/2022/04/NFT-segment-activity-Q1-2022-284x300.jpg 284w" sizes="(max-width: 708px) 100vw, 708px" /><figcaption><em>Breakdown of NFT activity by segment</em></figcaption></figure></div>



<p>Several conclusions emerge from these charts:</p>



<ul><li><a href="https://nonfungible.com/market-tracker?segment=collectible&amp;days=7" target="_blank" rel="noreferrer noopener">Collectibles </a>represent a larger share than ever in the NFTs markets with nearly 80% of the total volume traded.&nbsp;</li><li><a href="https://nonfungible.com/market-tracker?segment=game&amp;days=7" target="_blank" rel="noreferrer noopener">Blockchain Gaming</a> remains a major segment in the number of sales and active wallets. However, this segment is dominated by Axie Infinity.</li><li>The <a href="https://nonfungible.com/market-tracker?segment=metaverse&amp;days=7" target="_blank" rel="noreferrer noopener">Metaverses</a>, although over-hyped, currently represent only a minor part of the overall NFT industry.</li></ul>



<p>However, each segment has its own interpretation. It’s normal to have a high asset supply for video games but a low one for Metaverse.&nbsp; <a href="https://nonfungible.com/market-tracker?segment=art&amp;days=7">Art</a> is not intended to present the same liquidity as the Collectibles segment.</p>



<h2><strong>The NFT market is stabilizing</strong></h2>



<p>The great novelty of this quarter is undoubtedly the evolution of profitability in the NFT markets. Making a profit in NFTs in 2022 won’t be as easy as 2021. That said, we can stay optimistic about the future of the NFT industry.</p>



<p>Yes, the asset, USD and active wallet volume decreased compared to the Q4 2021. But compared to the Q1 2021, volume is still very encouraging! Remember that this market was built after the initial coin offering (ICO) period of 2017 and therefore, is very resilient to the crypto-market volatility.&nbsp;</p>



<p>Those who entered the NFT industry in 2021 and hoped that the hyper-growth to continue at the same pace must have some mixed feelings about this industry. However, we truly believe that we’re living the opening of a new chapter. What will it be? Presumably something around the construction of bigger, more ambitious NFT projects and new experiments.</p>



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Following the publication of our annual performance report of the 2021 NFT market, 2022 starts with a more complex global-political context than ever. 

Our NFT Market Report Q1 2022 is published


<h2>Gaspard Broustine, NFT Project Manager at Ledger.</h2>



<p><strong>Besancia</strong>: Hello Gaspard and thank you for your time! As part of <a href="https://nonfungible.com/news/corporate/nonfungible-heroes-matty-dclblogger" target="_blank" rel="noreferrer noopener">our series on the key players in the ecosystem</a>, I wanted to ask you a few questions. Let&#8217;s start with the first one, can you introduce yourself?</p>



<p><strong>Gaspard</strong>: I&#8217;m a collector of NFTs, that&#8217;s how I got into the world of Web3, Crypto and Digital Art. It was in 2019 that I realized, during my readings, it was possible to collect Digital Art.</p>



<p>The certificate of authenticity of an artwork is the most important element in traditional art. We can view original works of art with carbon 14 or thanks to the DNA contained in the canvas. But if there is no certificate of authenticity it can be almost impossible to sell.</p>



<p>The blockchain, by its technology, solves this problem in particular thanks to NFTs&#8230; and when I realized it, I started collecting them.</p>



<h2>How did you get to Ledger and what is your role?</h2>



<p><strong>Gaspard</strong>: When the world of NFTs exploded in the traditional sector, I told myself that I was going to spend my full time in my passion, and so I applied to Ledger.</p>



<p>My mission, these recent months, has been to upgrade all the features of Ledger products for NFTs. The problem we want to solve at Ledger is around the safety of users. In the <a href="https://www.ledger.com/ledger-live" target="_blank" rel="noreferrer noopener">Ledger Live</a> software, it is possible to interact directly with your hardware wallet and since recently, it is especially possible to interact with NFTs.</p>



<p>Either receiving or sending them..it seems like nothing but making everything work on Ledger Live is not always easy: NFTs are the fusion of Web2 and Web3. The images metadata are still hosted on servers (web2).</p>



<p>So we try to make sure that we only depend on one entity to be able to retrieve and display NFT metadata. As much as possible, we want to be able to retrieve as much metadata as possible on our side so that we can be totally independent.</p>



<p>Regarding the sending of NFTs, one of the current concerns is the &#8220;blind signing&#8221; which, as its name suggests, does not say what you sign when you send an NFT. This means that the user can sign just about anything (such as authorizing token spending without the user being aware of it) .</p>



<p>My role as a NFT Project Manager is therefore, on the one hand, to find secure solutions for the display of NFTs in Ledger Live and, on the other hand, to make possible a visible and understandable reading of the outgoing information on the Ledger screen.</p>



<h2>What do you think is the biggest obstacle to the &#8220;mass adoption&#8221; of NFTs by the general public?</h2>



<p><strong>Gaspard</strong>: The biggest difficulty to NFT mass adoption is the ease of use. Especially for Ledger because we are a security solution so it requires additional steps to set up your wallet the first time. It takes time to educate new users or artists on what a blockchain is… as it is a new technology, it is not obvious. However, it is necessary to understand the basic principles before you can use it, even if it is complicated. Cryptography is mathematics, public key/private keys&#8230; The ramp to cryptos and NFTs is therefore a bit rough!</p>



<p>Even if hot wallets like Metamask facilitate access to crypto, they still give only an illusion of control. Indeed, the user is more vulnerable to attacks than a hardware wallet owner like a Ledger.</p>



<p>Another limitation for the adoption of NFTs is, in my opinion, that we are still too much dependent on web2 technologies.</p>



<p><strong>Besancia</strong>: You mean it would be easier for you to manage <a href="https://nonfungible.com/news/opinions/importance-onchain-nft" target="_blank" rel="noreferrer noopener">on-chain NFTs</a>?</p>



<p><strong>Gaspard</strong>: Of course! But with the technical limitations of Ethereum, it&#8217;s extremely difficult to have completely on-chain images. Fortunately there are Layer 2s coming.</p>



<h2>How do you see the NFT ecosystem in 5 years?</h2>



<p><strong>Gaspard</strong>: I think art and culture will continue to adopt NFTs massively. Cinema, digital art, brands will also offer NFTs to their customers in the future. I really think that the wallet will be the equivalent of a digital identity in the future. This will first affect art but then many other sectors.</p>



<p><strong>Besancia</strong>: rather bullish then?</p>



<p><strong>Gaspard</strong>: Completely bullish!</p>



<h2>Conclusion</h2>



<p>As the adoption of digital assets continues to grow, it’ sawesome to have the opportunity to meet the people who are shaping the technology around this ecosystem. Many thanks to Gaspard and we look forward to bringing you more interviews taken during our time at NFT Lisbon!&nbsp;</p>



<p><em>Illustration of the article: Portrait of Gaspard Broustine taken at the NonFungible Conference on April 4th 2022 in Lisbon, photo credit: Camille Dufresne</em></p>



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<div class="wp-block-image academy-upsell"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/academy" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-1024x1024.png" alt="Need help understanding the NFT ecosystem? Explore the NFT Academy" class="wp-image-66341" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-Academy-1x15-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


During the Non Fungible Conference in Lisbon, which took place 4-5 April 2022, we were honored to have been able to interview key players from across the NFT ecosystem. Gaspard Broustine, NFT Project Manager at Ledger was the first to answer our questions!

NFT Heroes #6: Gaspard Broustine from Ledger


<p>Our colors have changed a lot : We are bold and subtle, dynamic and humble, pioneering and critical about the ecosystem evolution. The new palette is more aligned with our vision and DNA: an elegant blue, minimalistic grey tones and a catchy energetic orange. We deliver reliable analysis and work under radar most of the time but I can guarantee you that you will hear us when it is time to call out the bullshit.</p>



<p>Our new logotype and wordmark is a simplified version of the previous logo with a little twist. Sleek and timeless, this new design will last through the years and stays true to who we are: minimal, structured and efficient. Sometimes less is more.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1200" height="524" src="http://100.96.1.66:3001/app/uploads/2022/04/Colours.png" alt="" class="wp-image-20747" srcset="http://100.96.1.66:3001/app/uploads/2022/04/Colours.png 1200w, http://100.96.1.66:3001/app/uploads/2022/04/Colours-300x131.png 300w, http://100.96.1.66:3001/app/uploads/2022/04/Colours-1024x447.png 1024w, http://100.96.1.66:3001/app/uploads/2022/04/Colours-768x335.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption><em>New NonFungible.com colour palette</em></figcaption></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1200" height="524" src="http://100.96.1.66:3001/app/uploads/2022/04/Logo.png" alt="" class="wp-image-20749" srcset="http://100.96.1.66:3001/app/uploads/2022/04/Logo.png 1200w, http://100.96.1.66:3001/app/uploads/2022/04/Logo-300x131.png 300w, http://100.96.1.66:3001/app/uploads/2022/04/Logo-1024x447.png 1024w, http://100.96.1.66:3001/app/uploads/2022/04/Logo-768x335.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption><em>NonFungible.com logo &#8211; Old vs New</em></figcaption></figure></div>



<p>We refused to limit ourselves and our creativity to four shapes. We are in a vibrant and expanding environment with countless untapped applications. We love this and the freedom that comes with it. We play with these futuristic vibes, with the concept of growth and of data and apply them according to the support and the purpose. </p>



<p><strong>No doubt we will keep the expectations high for the next elements to come!</strong></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="683" src="http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-Non-Fungible-Conference-Lisbon-2022-1024x683.jpg" alt="NonFungible.com Booth Non-Fungible Conference Lisbon 2022" class="wp-image-20812" srcset="http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-Non-Fungible-Conference-Lisbon-2022-1024x683.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-Non-Fungible-Conference-Lisbon-2022-300x200.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-Non-Fungible-Conference-Lisbon-2022-768x512.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-Non-Fungible-Conference-Lisbon-2022.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>NonFungible.com Booth at the Non-Fungible Conference (Lisbon, April 4th 2022), Photo credit: Camille Dufresne</em></figcaption></figure></div>



<p>Most importantly: We are more than lines of codes or pixels. There are lots of talented and dedicated human beings behind NonFungible.com, proudly holding our colors high through two continents and six countries. You may bump into one of us at any major NFT-related events worldwide. Meet you there!</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="576" src="http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-front-1024x576.jpg" alt="presenting new nonfungible.com team front" class="wp-image-20820" srcset="http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-front-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-front-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-front-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-front.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Zoup, Max (aka Besancia) &amp; Connor at the Non-Fungible Conference (Lisbon, April 4th 2022), Photo credit: Camille Dufresne</em></figcaption></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="679" src="http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-back-1024x679.jpg" alt="presenting new nonfungible.com team back" class="wp-image-20818" srcset="http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-back-1024x679.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-back-300x199.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-back-768x509.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/presenting-new-nonfungible.com-team-back.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Connor, Zoup, Camille &amp; Max at the Non-Fungible Conference (Lisbon, April 4th 2022), Photo credit: Camille Dufresne</em></figcaption></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="576" src="http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-closeup-Non-Fungible-Conference-Lisbon-2022-1024x576.jpg" alt="NonFungible.com Booth closeup Non-Fungible Conference Lisbon 2022" class="wp-image-20810" srcset="http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-closeup-Non-Fungible-Conference-Lisbon-2022-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-closeup-Non-Fungible-Conference-Lisbon-2022-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-closeup-Non-Fungible-Conference-Lisbon-2022-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/NonFungible.com-Booth-closeup-Non-Fungible-Conference-Lisbon-2022.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>NonFungible.com Booth at the Non-Fungible Conference (Lisbon, April 4th 2022), Photo credit: Camille Dufresne</em></figcaption></figure></div>



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<div class="wp-block-image consulting-banner"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/services/businesses" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1024x1024.png" alt="We help corporations enter the NFT industry. See our consulting services" class="wp-image-66351" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


In a year NonFungible.com has grown from Dan & Zoup to a team of 15 employees. Our visual identity needed to evolve to match. The core idea and team remains unchanged, what once organically happened has become more conscious and precise.

Presenting the New NonFungible.com Identity


<p>More than 2500 people, 150 speakers, 2 full days of conference. In Lisbon, from 4 to 5 April 2022, the Non Fungible Conference (NFC) took place and we participated!</p>



<p>All large-scale events specializing in NFTs have always taken place historically in the US or Asia. But never in Europe. Of course, there have been many meetups. There are also specialized crypto or DeFi conferences. But nothing about NFTs specifically.</p>



<p>Yet Europe is full of talent and leadership in this area. <a href="https://www.sandbox.game/en/" target="_blank" rel="noreferrer noopener">The Sandbox</a>, <a href="https://www.overthereality.ai/" target="_blank" rel="noreferrer noopener">OVR</a>, <a href="https://www.mintbase.io/" target="_blank" rel="noreferrer noopener">Mintbase</a> and even some members of NonFungible.com have been living in Europe and building the Web3 for years.</p>



<p>Here is our feedback on this event which was rich and intense.</p>



<h2>Digital Art and NFTs</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1600" height="900" src="http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-mercedes-paint.jpg" alt="NFC 2022 mercedes paint" class="wp-image-20187" srcset="http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-mercedes-paint.jpg 1600w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-mercedes-paint-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-mercedes-paint-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-mercedes-paint-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-mercedes-paint-1536x864.jpg 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /></figure></div>



<p>Throughout the event, several exhibitions and artistic events took place. Not only at the venue of the Non-Fungible Conference but also in the surrounding area!</p>



<p>The &#8220;permanent&#8221; exhibition of artists brought together more than 50artists who were able to invest entire rooms. As soon as you entered the NFC, it was possible to quickly see the exhibition in a room with little light.&nbsp;</p>



<p>And in the middle of all these screens, a collective work in support of the victims of the war in Ukraine.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1600" height="900" src="http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-NFT-art-Mariupol.jpg" alt="NFC 2022 NFT art Mariupol " class="wp-image-20191" srcset="http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-NFT-art-Mariupol.jpg 1600w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-NFT-art-Mariupol-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-NFT-art-Mariupol-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-NFT-art-Mariupol-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-NFT-art-Mariupol-1536x864.jpg 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /><figcaption><em>Non Fungible Conference 2022 &#8211; Mariupol</em></figcaption></figure></div>



<p>‘Mariupol’ is a dynamic, interactive and layered artwork that brings together collaborations from 38 artists to mark the beginning of another tragic chapter in this continent’s history.&nbsp;</p>



<p>The artwork is a “living” artwork, whose final appearance will depend on its owner. As with other digital artworks on <a href="http://async.art" target="_blank" rel="noreferrer noopener">Async.art</a>, collectors control the visual state of the image, which can be changed at any time.</p>



<p>Other works were exhibited by different artists:</p>



<h2>A talk about NFT Wash Trading</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1600" height="900" src="http://100.96.1.66:3001/app/uploads/2022/04/NFC-nonfungible.com-booth.jpg" alt="" class="wp-image-20185" srcset="http://100.96.1.66:3001/app/uploads/2022/04/NFC-nonfungible.com-booth.jpg 1600w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-nonfungible.com-booth-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-nonfungible.com-booth-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-nonfungible.com-booth-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-nonfungible.com-booth-1536x864.jpg 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /><figcaption><em>Non Fungible Conference 2022 &#8211; NonFungible.com booth</em></figcaption></figure></div>



<p>Among these sharing of reflections and feedback from experts, Zoup and I led a workshop on the theme of wash trading. Some market manipulation practices can take place to inflate the price of an asset, faking a marketplace volume or take advantage of a reward system.</p>



<p>Many talks were organized during these two days of conferences. With more than 250 speakers, the topics covered were as rich as they were varied. <a href="https://www.nonfungibleconference.com/talk-details" target="_blank" rel="noreferrer noopener">Evolution of NFTs in the art world</a>, growth of wearables, how NFTs are revolutionizing the art of collecting, reflection on metaverses&#8230;</p>



<p>For 45 minutes we were able to alternate between explanations from our <a href="https://nonfungible.com/reports/2021/en/special-safe-practices" target="_blank" rel="noreferrer noopener">NFT good practice guide</a> and answers to questions to the public. Indeed, many new players want to develop their own NFT marketplace and want to know how to prevent this kind of practice.</p>



<p>While recalling that risk 0 does not exist, it is also worth remembering that wash trading schemes leave an indelible mark on the blockchain. Players operating NFT marketplaces can therefore identify wash traders through these different schemes and start a dialogue with them rather than banishing them at the risk that they will return with other more complex market manipulation schemes.</p>



<p>The most important thing is to determine *why* a wash trading takes place, it can be to receive trading-related rewards as well as pretend that a project has more activity than it seems.</p>



<h2>Non Fungible Conference Side Event: ArtDAO Launch</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1600" height="900" src="http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-Genesis-launch-party.jpg" alt="NFC 2022 ArtDAO Genesis launch party" class="wp-image-20193" srcset="http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-Genesis-launch-party.jpg 1600w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-Genesis-launch-party-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-Genesis-launch-party-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-Genesis-launch-party-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-Genesis-launch-party-1536x864.jpg 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /></figure></div>



<p>During the day, the conferences took place in several rooms&#8230; but events took place in Lisbon! The focus was on Ledger who organized parties in partnership with Playboy (of which there were commercials in the streets) or the degenerate Party party of The Sandbox.</p>



<p>But they weren&#8217;t the only ones. Another side event caught my attention, that of ArtDAO&#8217;s Genesis Launch. The evening took place near the port, in an artistic creation workshop.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="576" src="http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-genesis-launch-hanging-art-1024x576.jpg" alt="NFC 2022 ArtDAO genesis launch physical art" class="wp-image-20195" srcset="http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-genesis-launch-hanging-art-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-genesis-launch-hanging-art-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-genesis-launch-hanging-art-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-genesis-launch-hanging-art-1536x864.jpg 1536w, http://100.96.1.66:3001/app/uploads/2022/04/NFC-2022-ArtDAO-genesis-launch-hanging-art.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>Non Fungible Conference 2022 &#8211; Physical art at the ArtDAO genesis launch exhibition</em></figcaption></figure></div>



<p>Again, several screens were plugged in when I entered the shed that housed the exhibition. In this darkness and in the middle of the flashing screens, this painting on canvas that hung from the ceiling. As a reminder of the importance of reality in the virtual world.</p>



<p>It was also, of course, a moment of relaxation thanks to the DJ and their electro set adapted to the late afternoon atmosphere. External discussions focused on the evolution of the NFT sector while being accompanied by beers and glasses of wine.</p>



<h2>A big thank YOU!</h2>



<p>The least we can say is that the event was very intense and interesting! We were obviously delighted to be able to welcome you to our stand to answer your questions, but more importantly, we were delighted to have seen how much of a reality the European dynamic around NFTs is.</p>



<p>Over the course of the discussions, we were able to see the diversity of profiles that are interested in NFTs today and are more than ever confident about the evolution that these tokens will take in the years to come.</p>



<p>To complete this article, we interviewed several key players in the ecosystem during this event:</p>



<ul><li>Gaspard de Ledger</li><li>Shaban from Everdreamsoft</li><li>Paul from FxHash</li><li>The artist Jaen</li><li>The organizer of the Non Fungible Conference: John Karp</li></ul>



<p>They shared with us their vision on the NFT ecosystem and its future that we will publish in several articles soon! To be the first one to read it, don’t forget to follow us on our different social media</p>



<div style="height:20px" aria-hidden="true" class="wp-block-spacer"></div>



<div class="wp-block-image safe-practice-guide"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/reports/2021/en/special-safe-practices" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Safe-Practices-NFT-Wash-Trading-1x18-1-1024x1024.png" alt="The truth behind market manipulation on the NFT market. Download our Safe Practices Guide" class="wp-image-66392" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Safe-Practices-NFT-Wash-Trading-1x18-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Safe-Practices-NFT-Wash-Trading-1x18-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Safe-Practices-NFT-Wash-Trading-1x18-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Safe-Practices-NFT-Wash-Trading-1x18-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Safe-Practices-NFT-Wash-Trading-1x18-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Safe-Practices-NFT-Wash-Trading-1x18-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


We were at the Non Fungible Conference 2022 which took place in Lisbon, Portugal. Here is our report of the event!

NFC 2022: Building NFT Europe with passion


<p>2021 was a turning point for NonFungible, so we decided it was time to upgrade our website to match our growing company. Hop on the tour to enjoy the best experience on our new website.</p>



<p>As you may have noticed, the website has received a proper facelift! After four years of good service, it was about time. We are now fully responsive -better late than never- and have restructured the content in a way that all makes sense.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img loading="lazy" width="1024" height="576" src="http://100.96.1.66:3001/app/uploads/2022/03/New-nav-bar-1024x576.gif" alt="Along with our new design, we have also revamped our navigation to make your journey on the website easier." class="wp-image-19443" srcset="http://100.96.1.66:3001/app/uploads/2022/03/New-nav-bar-1024x576.gif 1024w, http://100.96.1.66:3001/app/uploads/2022/03/New-nav-bar-300x169.gif 300w, http://100.96.1.66:3001/app/uploads/2022/03/New-nav-bar-768x432.gif 768w, http://100.96.1.66:3001/app/uploads/2022/03/New-nav-bar-1536x864.gif 1536w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>


<h2><strong>Market tracker is the new market history with enhanced core functionalities</strong></h2>



<p>Our main goal remains unchanged: Provide transparency to the non-fungible token market. You deserve the best to help you navigate with confidence through this market.</p>



<h3><a href="https://nonfungible.com/market-tracker" target="_blank" rel="noreferrer noopener">Our Market Tracker is your greatest ally</a></h3>



<p>Data doesn&#8217;t lie and will always be your best friend to decrypt the trends. Therefore, we have decided to set a greater emphasis on the data available on our website. The charts are now displayed full screen (all the values are displayed below) and&#8230; you can compare two values at a time. Click on the three “&#8230;” and you will be able to edit the timespan and moving average and download the chart in various formats.</p>



<figure class="wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="NonFungible.com Tutorials:  Market Trends Presentation" width="500" height="375" src="https://www.youtube.com/embed/Wva4oGCeQB4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
</div></figure>



<h3>Explore our Quarterly &amp; Yearly NFT Market Reports</h3>



<p>No other publication will provide you with such an <a href="https://nonfungible.com/reports" target="_blank" rel="noreferrer noopener">in-depth analysis of the NFT market backed with charts and analytics</a>. We have free quarterly reports PDFs in English and an analytical yearly report available in four languages: English, Chinese simplified, French, Korean and in two different formats: a light free online copy or a more comprehensive professional version.</p>



<p>We finally gave them the spotlight they deserve, we hope you will have as much fun (and feelings of nostalgia) as we had, looking back at a time when both NFTs and NonFungible were in their very early stage.</p>



<h3>Performance map temporarily on hold</h3>



<p>For those who knew how to read it, the performance map has always been a great tool to estimate the quality of a project. With this new redesign, we decided to make this indicator understandable to a greater audience and we have refined our calculations. Soon, it will be even more accurate. Thank you for your patience.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img loading="lazy" width="1024" height="270" src="http://100.96.1.66:3001/app/uploads/2022/03/performanceMap-1024x270.png" alt="COMING SOON - Our performance map is a great tool to estimate the quality of a project." class="wp-image-19378" srcset="http://100.96.1.66:3001/app/uploads/2022/03/performanceMap-1024x270.png 1024w, http://100.96.1.66:3001/app/uploads/2022/03/performanceMap-300x79.png 300w, http://100.96.1.66:3001/app/uploads/2022/03/performanceMap-768x203.png 768w, http://100.96.1.66:3001/app/uploads/2022/03/performanceMap.png 1440w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>


<p><strong>We deliver much more than this website and you should know about it</strong></p>



<p>We have been very quiet (and maybe too humble) about all the other services we provide for large collectors and companies. Do you want to analyze the NFT market, extract specific data, evaluate your assets, brainstorm about a new NFT project or define a marketing strategy? <a href="https://nonfungible.com/services" target="_blank" rel="noreferrer noopener">Check out our NFT services</a>, we definitely have something for you.</p>



<h2><strong>Discover the team behind NonFungible</strong></h2>



<p>For those always keen on looking behind the curtains: the about page is for you. Times have changed and the team has grown significantly in the last months. You will learn a lot about <a href="https://nonfungible.com/about" target="_blank" rel="noreferrer noopener">our company</a>, <a href="https://nonfungible.com/about/team" target="_blank" rel="noreferrer noopener">the team behind this major step</a> and <a href="https://nonfungible.com/about/whatsnew" target="_blank" rel="noreferrer noopener">our latest corporate news</a>. We have also decided to make the life of anyone willing to write about us much easier. You will now find all the information you need in our <a href="https://nonfungible.com/about/press" target="_blank" rel="noreferrer noopener">press room</a>.</p>



<h2><strong>All your requests in one form: Contact Us</strong></h2>



<p>You may have noticed some forms (s.a write an article or get listed) have disappeared from the footer. We merged them all under <a href="https://nonfungible.com/contact-us" target="_blank" rel="noreferrer noopener">our “Contact Us” page</a> and we now ask you to select a topic for your message. This one little extra step will make sure your request reaches the right person and will get a quicker and better answer from us. We decided to pay greater attention to the website and its improvement. You are welcome to share <a href="https://nonfungible.com/feature-request" target="_blank" rel="noreferrer noopener">features suggestions</a> and <a href="https://nonfungible.com/bug-report" target="_blank" rel="noreferrer noopener">report bugs</a>.</p>



<p><br>Tada!&nbsp; That&#8217;s it for this first version, but we will be unveiling new features in the coming weeks. </p>



<p>Subscribe to our newsletter (you can subscribe to it directly in the footer), if you haven’t already and we will keep you updated!&nbsp; </p>



<p>Have fun navigating the website.</p>



<div style="height:20px" aria-hidden="true" class="wp-block-spacer"></div>



<div class="wp-block-image consulting-banner"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/services/businesses" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1024x1024.png" alt="We help corporations enter the NFT industry. See our consulting services" class="wp-image-66351" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_NFT-consulting-firm-1x115-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>


As you may have noticed, the NonFungible.com website has received a proper face lift! After four years of good service: It was about time.

Welcome to a new NonFungible.com era


<p>Since 2018, we have been committed to bringing the clearest, most complete and understandable information to everyone interested in the NFT ecosystem.</p>



<p>NonFungible.com has worked for several years producing the most comprehensive and detailed reports ever published in the history of NFTs and this year is no exception to the rule.</p>



<h2>Why are we doing this report?</h2>



<p>All our reports are designed to cater for curious newcomers as well as experienced investors.</p>



<p>We thought 2020 had been a crazy year but in the end it was just a warm-up!</p>



<p>2021 was the year to beat all the records in the NFT ecosystem, and it did for us too. It&#8217;s a real pleasure for us to compile these illuminating reports from our data and witness the incredible growth we wished for all these years.In a few figures below we highlight our efforts in providing you with our largest and most in-depth report on NFTs to date:</p>



<ul><li>More than 1,000 hours of work.</li><li>5 people mobilized for nearly 4 months.</li><li>188 pages</li><li>More than 70 metrics including a large number of metrics never published before</li><li>15 interviews</li><li>4 languages (English, French, Korean, Chinese)</li></ul>



<p>So, this year, we wanted to think big, this year the report boasts 188 pages of exclusive and in depth content, offering the reader a truly global vision of the NFT Markets. The report has also been translated into several languages for further accessibility.</p>



<p>We hope you enjoy this report and all the insights you&#8217;ll gain about NFTs and their environment!</p>



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<h2>In summary, what will you find in this report?</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="576" src="http://100.96.1.66:3001/app/uploads/2022/03/sneak-peak-free-report-1024x576.jpg" alt="sneak peak free report" class="wp-image-17641" srcset="http://100.96.1.66:3001/app/uploads/2022/03/sneak-peak-free-report-1024x576.jpg 1024w, http://100.96.1.66:3001/app/uploads/2022/03/sneak-peak-free-report-300x169.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/03/sneak-peak-free-report-768x432.jpg 768w, http://100.96.1.66:3001/app/uploads/2022/03/sneak-peak-free-report.jpg 1400w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



<p>First of all, here’s the summary of the report :</p>



<ul><li>The Fundamentals</li><li>The Report in 5 minutes (Pro version)</li><li>Looking back on 2021</li><li>Global Market Performance</li><li>Detailed Market Performance (Pro version)</li><li>Who are the buyers and collectors of NFTs? (Pro version)</li><li>Estimate the value and buy your first NFT</li><li>How to sell NFTs? (Pro version)</li><li>The profit generated in the NFT Market (Pro version)</li><li>Focus : Art – Collectibles – Gaming – Metaverse – Utility &amp; Finance</li><li>New jobs (Pro version)</li><li>The next big challenges</li><li>Our predictions for 2022 (Pro version)</li><li>General conclusions</li></ul>



<p>We mentioned it above, and you must have noticed it last year, the market just boomed over the past year.</p>



<p>Before looking at all these figures, it is important to know that we have separated “legitimate” activities from activities that can be related to wash trading.&nbsp;</p>



<p>We have identified a global volume of nearly $ 56 billion in NFT activity over 2021, a large part of which corresponds to “unqualified” volume (no project attached to Smart Contract, wash trading, NFT as financial collateral …).</p>



<p><strong>This report is focused on the volume identified as legitimate, qualified and that can be associated with an essentially human activity.</strong></p>



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<h2>2021 NFT Global market activity</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="636" height="777" src="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-global-stats.jpg" alt="NFT yearly report 2021 global stats" class="wp-image-17611" srcset="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-global-stats.jpg 636w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-global-stats-246x300.jpg 246w" sizes="(max-width: 636px) 100vw, 636px" /><figcaption>  NonFungible.com Yearly Report 2021 &#8211; Global NFT Activity</figcaption></figure></div>



<p>As we can see, there has been an explosion of NFT activity in 2021. It is interesting to note that compared to previous years, NFTs were kept for less time.</p>



<p>The total value of all NFT transactions (which includes sales and all other transactions such as “breeding”, “minting” and renting) increased from $82,492,916 in 2020 to $17,694,851,721 in 2021; an increase of 21,350% or more than 200x.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="892" height="379" src="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-primary-secondary-market.jpg" alt="NFT yearly report 2021 primary secondary market" class="wp-image-17609" srcset="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-primary-secondary-market.jpg 892w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-primary-secondary-market-300x127.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-primary-secondary-market-768x326.jpg 768w" sizes="(max-width: 892px) 100vw, 892px" /><figcaption> NonFungible.com Yearly Report 2021 &#8211; Primary vs Secondary NFT Market</figcaption></figure></div>



<p>Market activity also increased significantly. The total number of active wallets making NFT transactions, including buying, selling, holding or using them in a blockchain application increased from 89,061 in 2020 to more than 2.5 million in 2021 (2,574,302); an increase of 1,822%.&nbsp;</p>



<p>The number of buyers rose from 75,144 in 2020 to 2,301,544 in 2021 (+2,962%) and the number of sellers increased from 31,774 to 1,197,796 (+3,669%).</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="750" height="590" src="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-active-wallets.jpg" alt="NFT yearly report 2021 active wallets" class="wp-image-17607" srcset="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-active-wallets.jpg 750w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-active-wallets-300x236.jpg 300w" sizes="(max-width: 750px) 100vw, 750px" /><figcaption>NonFungible.com Yearly Report 2021 &#8211; NFT buyers vs sellers vs active wallets</figcaption></figure></div>



<p>Throughout this period of rapid growth there were opportunities to capitalize on the speculative nature of the market and make significant profits.&nbsp;</p>



<p>Over $5.4 billion of total profit was generated when buying or reselling NFTs with 473 wallets generating over $1 million in profits during 2021. However, with less than 2 million active wallets buying or selling an NFT over the year, the market is still yet to reach mass adoption.</p>



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<h2>Focus on NFT segments</h2>



<p>For this report, each segment was analyzed under a microscope. Metaverse, Video Games, Art, Collectibles or Utility/Finance have all been the subject of dedicated focus. Meaning it is possible to see the losses and profits according to these different segments.</p>



<figure class="wp-block-image size-full"><img loading="lazy" width="897" height="378" src="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-cumulative-profit-art.jpg" alt="NFT yearly report 2021 cumulative profit art" class="wp-image-17605" srcset="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-cumulative-profit-art.jpg 897w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-cumulative-profit-art-300x126.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-cumulative-profit-art-768x324.jpg 768w" sizes="(max-width: 897px) 100vw, 897px" /><figcaption>  NonFungible.com yearly report 2021 &#8211; NFT Art Focus  </figcaption></figure>



<p>The diagram above displays the NFT Art market but we additionally offer the different projects analyzed. Taking the example of the Collectibles segment, it appears at first glance that it was mainly the CryptoPunks and Bored Ape Yacht Club collections that dominated the profit and loss indicator.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="811" height="714" src="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-cumulative-profit-collectible.jpg" alt="NFT yearly report 2021 cumulative profit collectible" class="wp-image-17603" srcset="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-cumulative-profit-collectible.jpg 811w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-cumulative-profit-collectible-300x264.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-cumulative-profit-collectible-768x676.jpg 768w" sizes="(max-width: 811px) 100vw, 811px" /><figcaption> NonFungible.com yearly report 2021 &#8211; NFT Collectible Focus </figcaption></figure></div>



<p>For the focus on Crypto Video Games, we have taken into account two other blockchains in addition to Ethereum: Immutable X for the game Gods Unchained and Ronin for Axie Infinity.</p>



<p>Most video games have ported their on-chain activity to other blockchains or a Layer 2 Ethereum solution, so these figures are to be considered lower than the actual activity of the market.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="873" height="579" src="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-activity-gaming.jpg" alt="NFT yearly report 2021 activity gaming" class="wp-image-17601" srcset="http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-activity-gaming.jpg 873w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-activity-gaming-300x199.jpg 300w, http://100.96.1.66:3001/app/uploads/2022/03/NFT-yearly-report-2021-activity-gaming-768x509.jpg 768w" sizes="(max-width: 873px) 100vw, 873px" /><figcaption>NonFungible.com yearly report 2021 &#8211; NFT Video Games Focus</figcaption></figure></div>



<p>You will find in the report even more indicators for metaverse or decentralized finance.</p>



<div class="wp-container-6 is-horizontal is-content-justification-center wp-block-buttons">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2021/en/yearly-nft-market-report" target="_blank" rel="noreferrer noopener">Order your 2021 NFT Report</a></div>
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<p class="has-text-align-center has-medium-font-size"><strong>Thank you to all of our 2021 sponsors who made this report possible</strong></p>



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="152" src="http://100.96.1.66:3001/app/uploads/2022/03/nonfungible-NFT-yearly-report-2021-sponsors-1024x152.png" alt="" class="wp-image-17980" srcset="http://100.96.1.66:3001/app/uploads/2022/03/nonfungible-NFT-yearly-report-2021-sponsors-1024x152.png 1024w, http://100.96.1.66:3001/app/uploads/2022/03/nonfungible-NFT-yearly-report-2021-sponsors-300x45.png 300w, http://100.96.1.66:3001/app/uploads/2022/03/nonfungible-NFT-yearly-report-2021-sponsors-768x114.png 768w, http://100.96.1.66:3001/app/uploads/2022/03/nonfungible-NFT-yearly-report-2021-sponsors.png 1400w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p class="has-text-align-center has-medium-font-size"><strong>And a special thank you to our official partner</strong><a href="https://www.animocabrands.com/?utm_source=nonfungible"></a><a href="https://decentraland.org/?utm_source=nonfungible"></a></p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="600" height="201" src="http://100.96.1.66:3001/app/uploads/2022/03/atelier-bnp-low.png" alt="atelier bnp paribas" class="wp-image-17637" srcset="http://100.96.1.66:3001/app/uploads/2022/03/atelier-bnp-low.png 600w, http://100.96.1.66:3001/app/uploads/2022/03/atelier-bnp-low-300x101.png 300w" sizes="(max-width: 600px) 100vw, 600px" /></figure></div>



<p>You will find exclusive interviews with different actors from the ecosystem, ranging from the founders of Axie Infinity to Crypto Artists such as Pascal Boyart as well as collectors recognized by the whole community like WhaleShark.</p>



<p>In addition this year other institutional actors have also agreed to participate in the writing of this report such as Fanny Lakoubay, Crypo-Art consultant, Shari Glazer, entrepreneur and philanthropist or Michael Bouhanna, Co-Head of Digital Art Sales at Sotheby&#8217;s.</p>



<p>Several topics will be discussed such as:</p>



<ul><li>NFTs gradually creating new jobs</li><li>How early adopters and investors currently perceive the current state of the NFT industry</li><li>How Play to Earn enabled to Pro Blockchain Gaming to develop</li><li>Who are the people behind the creation of metaverses: from 3D designers to Metaverse founders &amp; real estate developers</li></ul>



<p>We hope you’ll enjoy this report as much as we appreciated to do it!</p>



<div class="wp-block-image yearly-report-banner"><figure class="aligncenter size-large is-resized"><a href="https://nonfungible.com/reports/2021/en/yearly-nft-market-report" target="_blank" rel="noopener"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Yearly-NFT-Report-2021-1x19-1-1024x1024.png" alt="Read the largest and most-in-depth NFT market research ever published. Get your Yearly NFT Market Report!" class="wp-image-66400" width="512" height="512" srcset="http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Yearly-NFT-Report-2021-1x19-1-1024x1024.png 1024w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Yearly-NFT-Report-2021-1x19-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Yearly-NFT-Report-2021-1x19-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Yearly-NFT-Report-2021-1x19-1-768x768.png 768w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Yearly-NFT-Report-2021-1x19-1-1536x1536.png 1536w, http://100.96.1.66:3001/app/uploads/2022/08/Nonfungible_Yearly-NFT-Report-2021-1x19-1.png 1650w" sizes="(max-width: 512px) 100vw, 512px" /></a></figure></div>



<p>Don’t forget to follow us on our different social networks!</p>



<p><a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">NonFungible.com</a> &#8211;<a href="https://twitter.com/nonfungibles" target="_blank" rel="noreferrer noopener"> Twitter</a> &#8211;<a href="https://discord.gg/nonfungible" target="_blank" rel="noreferrer noopener"> Discord</a> &#8211; <a href="https://www.linkedin.com/company/nonfungible/" target="_blank" rel="noreferrer noopener">&nbsp;Linkedin</a> &#8211;<a href="https://www.instagram.com/nonfungiblecom/?utm_source=nonfungible" target="_blank" rel="noreferrer noopener"> Instagram</a></p>



<p>Want to benefit from our <a href="https://nonfungible.com/services" target="_blank" rel="noreferrer noopener">services, supporting you in your NFT projects?</a>&nbsp; If so, we can offer:</p>



<ul><li><a href="https://nonfungible.com/services/collectors" target="_blank" rel="noreferrer noopener">Evaluation of your NFT portfolio</a></li><li><a href="https://nonfungible.com/services/businesses" target="_blank" rel="noreferrer noopener">Personalized advice for your NFT projects</a></li><li><a href="https://nonfungible.com/services/businesses" target="_blank" rel="noreferrer noopener">Targeted communication</a></li></ul>


You were waiting for it, we did it. Here is our 2021 annual report on NFTs with everything you need to know about NFTs in 2021!

Our 2021 NFT Yearly Report is out!


<h2>Witness the incredible evolution of the ecosystem</h2>



<p>The euphoria over the past year has been unprecedented, the energy incredible and you have all been amazing!</p>



<p>Whether experiments in Decentralized Finance, ever more impressive architecture of the buildings in the Metaverse, new concepts of decentralized video games or artists from all over the world finding a new voice..2021 has certainly been extremely rich in experiences.</p>



<p>A new generation of users has arrived, much more numerous than the previous ones. This has brought a fresh look at the industry and raised new questions around building a more sustainable ecosystem.</p>



<p>It was also the year when many internationally known brands and personalities invested heavily in the NFT sector.</p>



<p>2021 was the year when Non-Fungible Tokens made headlines around the world.&nbsp;</p>



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<h2>What will you find in this report?</h2>



<p>Each year we publish an annual report of trends in the world of Non-Fungible Tokens. Thanks to our sales analysis from the different segments, we can share our deep knowledge of the ecosystem so that you can benefit from an independent view of this universe.</p>



<p class="has-text-align-center has-medium-font-size"><strong>Thank you to all of our 2021 sponsors who made this report possible</strong></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="152" src="http://100.96.1.66:3001/app/uploads/2022/01/nonfungible-NFT-yearly-report-2021-sponsors-1024x152.png" alt="nonfungible NFT yearly report 2021 sponsors" class="wp-image-17975" srcset="http://100.96.1.66:3001/app/uploads/2022/01/nonfungible-NFT-yearly-report-2021-sponsors-1024x152.png 1024w, http://100.96.1.66:3001/app/uploads/2022/01/nonfungible-NFT-yearly-report-2021-sponsors-300x45.png 300w, http://100.96.1.66:3001/app/uploads/2022/01/nonfungible-NFT-yearly-report-2021-sponsors-768x114.png 768w, http://100.96.1.66:3001/app/uploads/2022/01/nonfungible-NFT-yearly-report-2021-sponsors.png 1400w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption>NonFungible.com Sponsors for the NFT Yearly Report 2021</figcaption></figure></div>



<p class="has-text-align-center has-medium-font-size"><strong>And a special thank you to our official partner</strong><a href="https://www.animocabrands.com/?utm_source=nonfungible"></a><a href="https://decentraland.org/?utm_source=nonfungible"></a></p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="600" height="201" src="http://100.96.1.66:3001/app/uploads/2022/03/atelier-bnp-low.png" alt="atelier bnp paribas" class="wp-image-17637" srcset="http://100.96.1.66:3001/app/uploads/2022/03/atelier-bnp-low.png 600w, http://100.96.1.66:3001/app/uploads/2022/03/atelier-bnp-low-300x101.png 300w" sizes="(max-width: 600px) 100vw, 600px" /></figure></div>



<p>Here’s the summary of the report :</p>



<ul><li>The Fundamentals</li><li>The Report in 5 minutes (Pro version)</li><li>Looking back on 2021</li><li>Global Market Performance</li><li>Detailed Market Performance (Pro version)</li><li>Who are the buyers and collectors of NFTs? (Pro version)</li><li>Estimate the value and buy your first NFT</li><li>How to sell NFTs? (Pro version)</li><li>The profit generated in the NFT Market (Pro version)</li><li>Focus : Art &#8211; Collectibles &#8211; Gaming &#8211; Metaverse &#8211; Utility &amp; Finance</li><li>New jobs (Pro version)</li><li>The next big challenges</li><li>Our predictions for 2022 (Pro version)</li><li>General conclusions</li></ul>



<p>To make this report more comprehensive, we interviewed several actors of the ecosystem who are particularly active and representative of the ecosystem. Here is the list of the different experts we have interviewed for this report:</p>



<ul><li>Crypto-artist <strong>Pascal Boyart</strong></li><li>NFT Collectors &#8211; <strong>WhaleShark</strong> and <strong>TokenAngels</strong></li><li><a href="https://axieinfinity.com/" target="_blank" rel="noreferrer noopener">Axie Infinity</a> co-founder <strong>Aleksander</strong> <strong>Larsen</strong></li><li><a href="http://sandbox.game/en/" target="_blank" rel="noreferrer noopener">The Sandbox</a> co-founder <strong>Sebastien Borget</strong></li><li>Founders of <a href="https://yieldguild.io/" target="_blank" rel="noreferrer noopener">Yield Guild Game</a> (<strong>Gabby Dizon</strong>), <a href="https://www.polygonalmind.com/" target="_blank" rel="noreferrer noopener">Polygonal Mind</a> (<strong>Daniel Garcia</strong>) and the Museum Of Crypto-Art (<strong>Benoit Couty</strong>).</li><li><strong>John Egan</strong>, CEO of <a href="https://atelier.net/" target="_blank" rel="noreferrer noopener">L&#8217;Atelier BNP Paribas</a></li><li><strong>Michael Bouhanna</strong>, Co-Head of Digital Art Sales at Sotheby&#8217;s</li><li><strong>Fanny Lakoubay</strong>, Crypo-Art consultant</li><li><strong>Shari Glazer</strong>, entrepreneur and philanthropist</li><li>Professional esports player <strong>Sebastian Pozzo</strong></li></ul>



<p>We warmly thank these industry giants for sharing their expert knowledge with us for this report!</p>



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<p>Don’t forget to follow us on our different social networks!</p>



<p><a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">NonFungible.com</a> &#8211;<a href="https://twitter.com/nonfungibles" target="_blank" rel="noreferrer noopener"> Twitter</a> &#8211;<a href="https://discord.gg/nonfungible" target="_blank" rel="noreferrer noopener"> Discord</a> &#8211; <a href="https://www.linkedin.com/company/nonfungible/" target="_blank" rel="noreferrer noopener">&nbsp;Linkedin</a> &#8211;<a href="https://www.instagram.com/nonfungiblecom/?utm_source=nonfungible" target="_blank" rel="noreferrer noopener"> Instagram</a></p>



<p>Want to benefit from our <a href="https://nonfungible.com/services" target="_blank" rel="noreferrer noopener">services, supporting you in your NFT projects?</a>&nbsp; If so, we can offer:</p>



<ul><li><a href="https://nonfungible.com/services/collectors" target="_blank" rel="noreferrer noopener">Evaluation of your NFT portfolio</a></li><li><a href="https://nonfungible.com/services/businesses" target="_blank" rel="noreferrer noopener">Personalized advice for your NFT projects</a></li><li><a href="https://nonfungible.com/services/businesses" target="_blank" rel="noreferrer noopener">Targeted communication</a></li></ul>


2021 was rich in events, projects, recognition and partnerships for all actors in the ecosystem and now it's time to pre-order our 2021 NFT Report!


Pre-order the Yearly NFT Market Report 2021!


<h2><strong>Introduction&nbsp;</strong></h2>



<p>Out of bed, on a plane, in a cab, and dropped into a line of NFT enthusiasts waiting to collect their badges, and hopefully one of the 1,000 official <a href="https://www.nft.nyc/" target="_blank" rel="noreferrer noopener">NFT.NYC</a> hats (tokenized via <a href="https://smartseal.io/" target="_blank" rel="noreferrer noopener">SmartSeal.io</a> and <a href="https://www.nft.kred/" target="_blank" rel="noreferrer noopener">NFT.Kred</a>). </p>



<p>This was the start of what would turn out to be an exciting and informative <strong>four-day conference</strong> with artists, projects, entrepreneurs, and thought leaders in the NFT space.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="442" src="http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-medici-collection-1024x442.jpg" alt="NFT NYC medici collection" class="wp-image-9644" srcset="http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-medici-collection-1024x442.jpg 1024w, http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-medici-collection-300x129.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-medici-collection-768x331.jpg 768w, http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-medici-collection.jpg 1196w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption>NFT.NYC 2021 &#8211; Time Squares</figcaption></figure></div>



<p>The buzz of energy that started in the line for badges continued to flow to each venue and event throughout the course of the week. In an opening dialogue between <strong>Jodee Rich</strong> and <strong>Gary Vee</strong>, Gary presented a realistic and matter-of-fact view on the current state of the market: </p>



<blockquote class="wp-block-quote"><p>There’s a huge uptick in interest in NFTs right now because of greed, there’s a ton of money to be made and that draws people’s attention.</p><cite>Gary Vaynerchuk</cite></blockquote>



<p>While Jodee countered with more idealistic notions that creatives were finally empowered to <strong>own their content</strong> and to directly benefit from it rather than being suppliers of content to larger corporations/organizations. </p>



<p>These two points are not mutually exclusive and examples of both can be found in the enormous gains of <strong>NFT flippers</strong>, and the extraordinary success of artists who enter the NFT market and find a receptive audience of collectors.</p>



<h2><strong>New ideas and collaborations.</strong></h2>



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="765" src="http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-3LAU-1024x765.jpg" alt="NFT NYC 3LAU" class="wp-image-9641" srcset="http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-3LAU-1024x765.jpg 1024w, http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-3LAU-300x224.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-3LAU-768x574.jpg 768w, http://100.96.1.66:3001/app/uploads/2021/11/NFT-NYC-3LAU.jpg 1102w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption>NFT.NYC 2021 &#8211; 3LAU</figcaption></figure>



<p>Ideas were shared by Artzy and 3lau about the future of music and how musicians and bands could participate and engage directly with their audience in a way that will be mutually beneficial. <strong>3LAU</strong>’s recently launched NFT platform <a href="https://royal.io/" target="_blank" rel="noreferrer noopener">Royal</a> looks to turn fans into “investors” and share the success of their favorite artists and musicians.</p>



<p>AI was discussed in intriguing, and somewhat ominous talk : “Machines will be learning from machines” stated <strong>Arif Khan</strong>. The <strong>Alethea AI</strong>, <a href="https://alethea.ai/" target="_blank" rel="noreferrer noopener">Noah’s Ark</a> project is creating historical NFT personas loaded with AI metadata and machine learning to produce interactive “beings” embedded in the NFT. Did somebody say <strong>SkyNet</strong>?</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="752" src="http://100.96.1.66:3001/app/uploads/2021/11/Fanny-Conklin-ARTZ-1024x752.jpg" alt="NFT NYC Fanny Conklin ARTZ" class="wp-image-9640" srcset="http://100.96.1.66:3001/app/uploads/2021/11/Fanny-Conklin-ARTZ-1024x752.jpg 1024w, http://100.96.1.66:3001/app/uploads/2021/11/Fanny-Conklin-ARTZ-300x220.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/11/Fanny-Conklin-ARTZ-768x564.jpg 768w, http://100.96.1.66:3001/app/uploads/2021/11/Fanny-Conklin-ARTZ.jpg 1100w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption>NFT.NYC 2021 &#8211; Fanny Lakoubay, Conlan &amp; ARTZ</figcaption></figure></div>



<p><a href="https://superrare.com/" target="_blank" rel="noreferrer noopener">SuperRare’s</a> Zack Yanger discussed the value of NFTs and how SR <strong>removed the middleman</strong> from the traditional exchanges in the gallery and auction house settings in the “real world.” While Matthew Iles spoke of Sotheby’s entrance in the market and how they support NFT artists with shows such as “Natively Digital” and the <a href="https://metaverse.sothebys.com/" target="_blank" rel="noreferrer noopener">Sothebysverse</a>.&nbsp;</p>



<p>Zack emphasized the importance of ongoing, secondary market royalties, and when asking <strong>Sotheby’s</strong> for their stance on royalties, Matthew confirmed that they “…will be giving artists royalties!”. Once more, when Zack asked what percentage, Mr. Iles replied that they “…will let the artist decide<strong>!</strong>”.</p>



<p>Great news for artists!</p>



<h2><strong>Conclusion</strong></h2>



<p>Afterparties, music events, art shows, billboard takeovers… it was a wild week! But the most encouraging takeaway was that this is a new ecosystem creating new markets and new ways for individuals to collect, support, and interact with creators in the <strong>art</strong>, <strong>music</strong>, <strong>gaming</strong>, and <strong>tech verticals</strong>.</p>



<p>We are still early.&nbsp;</p>



<p>There are plenty of opportunities to educate and onboard newcomers. This is a supportive community where the rising tide raises all ships and success is celebrated rather than being a call-to-arms for creative competition and comparison.</p>



<p><strong>WAGMI</strong></p>


This year, the NFT.NYC took place in a bigger place, with more people, more talks and more activities. 

Here's what we saw over there !

Our report from NFT.NYC 2021


<p>We’ve all witnessed it, this quarter has been impressive to say the least, even more then could have been expected! Here we present our Q3 Report which looks deeply into Non-Fungible Token trends on Ethereum.</p>



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<p>Summary of the various key points of this quarterly report:</p>



<h2>Record USD volume for NFT sales</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="735" height="522" src="http://100.96.1.66:3001/app/uploads/2021/10/Q3-NFT-report-USD-volume.jpg" alt="Q3 NFT report USD volume" class="wp-image-9338" srcset="http://100.96.1.66:3001/app/uploads/2021/10/Q3-NFT-report-USD-volume.jpg 735w, http://100.96.1.66:3001/app/uploads/2021/10/Q3-NFT-report-USD-volume-300x213.jpg 300w" sizes="(max-width: 735px) 100vw, 735px" /><figcaption>Q3 NFT report USD volume</figcaption></figure></div>



<ul><li><strong>Active Wallets</strong>&nbsp;– Number of wallets that have interacted with an NFT Smart Contract, the same<br>person can have several wallets. These active wallets are not solely buyers and sellers but<br>anyone who has played a game or interacted with a project using an NFT. There are most<br>likely more wallets than NFT users/owners, but the trend remains significant.</li><li><strong>Buyers</strong>&nbsp;– Number of wallets that bought at least one NFT during the year.</li><li><strong>Sellers</strong>&nbsp;– Number of wallets that sold at least one NFT during the year.</li><li><strong>USD traded</strong>&nbsp;– Total volume traded in NFTs. This volume includes all sales, but also in-game<br>actions that involve a financial transaction, for example the improvement of an asset through<br>breeding.</li></ul>



<p><br>Q3 of 2021 broke the&nbsp;<strong>$billion</strong>&nbsp;threshold by a long way, with almost&nbsp;<strong>$6 billion</strong>&nbsp;traded on the Ethereum blockchain alone. All indicators continue to show an upwards trend, with the number of wallets in use of both buyers and sellers increasing significantly.</p>



<p>Note: the number of sellers is&nbsp;<strong>growing faster</strong>&nbsp;than the number of buyers, which may suggest<br>that the conversion of ‘new entrants’ becoming ‘NFT traders’ is accelerating.</p>



<p>In our report, you will find more detailed figures on the evolution of the&nbsp;<strong>number of users</strong>&nbsp;as well as the difference between the “USD traded” indicator and sales volumes only. Also we will be sharing another exclusive&nbsp;<strong>NonFungible.com</strong>&nbsp;market indicator!</p>



<h2>Market Distribution</h2>



<div class="wp-block-image"><figure class="aligncenter size-full is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/10/Q3-NFT-report-USD-market-distribution.jpg" alt="Q3 NFT report USD market distribution" class="wp-image-9337" width="791" height="647" srcset="http://100.96.1.66:3001/app/uploads/2021/10/Q3-NFT-report-USD-market-distribution.jpg 791w, http://100.96.1.66:3001/app/uploads/2021/10/Q3-NFT-report-USD-market-distribution-300x245.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/10/Q3-NFT-report-USD-market-distribution-768x628.jpg 768w" sizes="(max-width: 791px) 100vw, 791px" /><figcaption>NFT market (by USD volume) distribution between segments Q3 2021</figcaption></figure></div>



<p>Unsurprisingly, the collectibles segment generated the most USD volume this quarter, undoubtedly stemming from PFP hype but also from the continual increase in the price of&nbsp;<strong>CryptoPunks</strong>&nbsp;and&nbsp;<strong>Bored Ape Yacht Club</strong>.</p>



<p>Even so the other segments have not remained inactive either and so to get a more precise reading, we go back to each NFT ecosystem&nbsp;<strong>segment</strong>&nbsp;and look at how these have evolved during the past quarter. In addition to in-depth analysis of the&nbsp;<strong>distribution</strong>&nbsp;of Primary and Secondary sales, we also share an exclusive NonFungible.com indicator,&nbsp;<strong>Liquidity Rate</strong>.</p>



<p>The Liquidity Rate is an&nbsp;<strong>exclusive indicator</strong>&nbsp;calculated and developed by the NonFungible.com team, its purpose is to offer an overview of the liquidity of assets in the market.</p>



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<h2>Conclusion</h2>



<p>The recent growth of the NFT industry has been almost&nbsp;<strong>unbelievable</strong>, in just a few short months, the $billion-dollar mark has been crossed in traded NFTs, followed by $billion per quarter and only then to be surpassed by $billion per month.</p>



<p>The market we see evolving today is a market that is growing at an&nbsp;<strong>exponential rate</strong>, with unprecedented liquidity but it is also even more of a speculative and volatile market than ever before.</p>



<p>One of the first indicators which has caught our attention is the resale rate being sold at a loss. We are currently carrying out a more in-depth study on this point and will share the results as soon as possible.</p>



<p>Either way, the current market growth dictates that all investors and NFT stakeholders should&nbsp;<strong>pay extra attention</strong>&nbsp;as<br>Triple-digit growth goes hand in hand with market instability, unrealistic expectations and potential disappointments.</p>


Our Q3 NFT quarterly report is live! Want to know more about in-depht analysis and trends about the NFT market ? Download you free copy!

The Q3 2021 NFT report is live!


<p>Many of you regularly ask us for data about NFTs and we do our utmost to respond to each of your requests, but did you know some of <strong>our data is readily available</strong> for free on our site?</p>



<p>Here is a short tutorial to explain how to extract data from <a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">nonfungible.com</a>!</p>



<h2>Go to “Market History”</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="545" src="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-market-history-1024x545.jpg" alt="NF tuto market history" class="wp-image-7901" srcset="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-market-history-1024x545.jpg 1024w, http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-market-history-300x160.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-market-history-768x409.jpg 768w, http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-market-history.jpg 1169w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



<p>The first step is to go to the <a href="https://nonfungible.com/market-tracker" target="_blank" rel="noreferrer noopener">market tracker</a> page. Here you will find all the latest NFTs sales.</p>



<p>Now let&#8217;s take a closer look at this page. The images attract the eye quickly, the &#8220;top sales (7 days)&#8221; represents the last biggest NFT sales over the last 7 days.&nbsp;</p>



<p><strong>Just above</strong> are the general market statistics:</p>



<ul><li>Number of sales</li><li>volume USD</li><li>number of active wallets</li><li>Sale of the primary and secondary market</li><li>Primary and Secondary Market USD Volume</li><li>Unique Buyers and Sellers</li></ul>



<p>It is these statistics that will interest us. As a reminder, all the sales we display are ETH &#8220;on-chain&#8221;, that is to say that we do not display (for the moment) the sales that took place outside the blockchain.</p>



<h2>Click on one of the statistics</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img src="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-stats.jpg" alt="nonfungible tuto stats" class="wp-image-7906"/></figure></div>



<p>Whether you click on the small box at the top right or directly on the statistic, it will bring the same result: an enlargement of the graph and more details. For this tutorial, we will download the number of total sales since the beginning of the year.</p>



<p>After clicking on <strong>number of sales</strong>, we will see the sales history over a given period.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1278" height="514" src="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-number-of-sales.jpg" alt="Nonfungible tuto number of sales" class="wp-image-7902" srcset="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-number-of-sales.jpg 1278w, http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-number-of-sales-300x121.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-number-of-sales-1024x412.jpg 1024w, http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-number-of-sales-768x309.jpg 768w" sizes="(max-width: 1278px) 100vw, 1278px" /></figure></div>



<p>By default, the last three months will be displayed with a <strong>reference scale of 7 days</strong>. The data shows sales over the last 7 days from a specific date.</p>



<p>It is possible to change this scale to have a <strong>daily</strong> or <strong>monthly</strong> frequency but this will only change the visualization.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img src="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-number-of-sales-daily.jpg" alt="Nonfungible tuto number of sales daily" class="wp-image-7904"/></figure></div>



<h2>Choosing the date</h2>



<p>There is still an important detail before downloading the desired format: <strong>the date</strong>. In the image above, the uploaded data will only take into account the period from July 8, 2021 to October 8, 2021. </p>



<p>We have wanted the data since the beginning of the year. Let’s change that by <strong>clicking on the date</strong>!</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="321" height="393" src="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-date.jpg" alt="Nonfungible tuto date" class="wp-image-7899" srcset="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-date.jpg 321w, http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-date-245x300.jpg 245w" sizes="(max-width: 321px) 100vw, 321px" /></figure></div>



<p>Now, we’re ready to download the data.</p>



<h2>Choosing format and downloading</h2>



<p>In the upper right corner, you will see a <strong>hamburger button</strong>. By clicking on it, several options will be proposed.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img src="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-number-of-sales-burger.jpg" alt="Nonfungible tuto number of sales burger" class="wp-image-7903"/></figure></div>



<p>The first two options are used to <strong>enlarge the chart</strong> even further or <strong>print it</strong>. It is possible to download the graphic directly in an image format or vector if you want to <strong>customize the curve</strong>.</p>



<p>Finally, it is also possible to download the data directly in <strong>.svg</strong> or <strong>.xls</strong> to make deeper analysis. For this example, we will choose the jpeg option, which should give this result:</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img src="http://100.96.1.66:3001/app/uploads/2021/10/nonfungible-tuto-data-jpeg-1024x683.jpg" alt="nonfungible tuto data jpeg" class="wp-image-7909"/></figure></div>



<h2>Multiple NFT segments</h2>



<p>In the examples above, these are the total sales that we extracted. Be aware that it is possible to have this data for each segment separately.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img src="http://100.96.1.66:3001/app/uploads/2021/10/NF-tuto-several-segments.jpg" alt="Nonfungible tuto several segments" class="wp-image-7905"/></figure></div>



<p>Just choose the desired segment and the downloaded data will be adapted according to your choices!</p>



<p><strong>If you want more data, especially with metadata related to sales, do not hesitate to<a href="https://nonfungible.com/contact-us" target="_blank" rel="noreferrer noopener"> ask</a> us directly! We will consider each request on a case-by-case basis.</strong></p>


Do you want to download your own data from our site? Here is a tutorial explaining step by step how to do it.

How to extract NFT data from NonFungible.com?


<p>Whether you are a <strong>veteran or a newcomer</strong> to the world of NFTs, there are a few project launches or even some activities that must have seemed strange to you at times.</p>



<p>Assets exchanged many times at <strong>extraordinary prices</strong> between two portfolios, a feeling of buying pressure when the project has just appeared, rewards that seem to always be <strong>distributed to the same accounts</strong>&#8230;</p>



<p><strong>Wash trading</strong> practices are truly present in the ecosystem and the very nature of decentralization prevents their prohibitions. Faced with these practices, we decided to publish a guide for <strong>educational purposes</strong> so that everyone can ask themselves the right questions before buying an NFT (Collectibles, Video Games, Art, etc.)</p>



<p>We hope that you will find its content useful and that it will contribute to the &#8220;<strong>due diligence</strong>&#8221; of everyone during their adventure in web 3.0!</p>



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<h2><strong>Part one: What are the questions to ask?</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="640" height="640" src="http://100.96.1.66:3001/app/uploads/2021/08/list.png" alt="Wash trading list" class="wp-image-6195" srcset="http://100.96.1.66:3001/app/uploads/2021/08/list.png 640w, http://100.96.1.66:3001/app/uploads/2021/08/list-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2021/08/list-150x150.png 150w" sizes="(max-width: 640px) 100vw, 640px" /></figure></div>



<p>This part deals with the main questions to ask yourself <strong>before buying</strong> an NFT. It is not always easy to have all the key indicators in mind, especially with sectors that you are not used to dealing with.</p>



<p>We covered the different segments:</p>



<ul><li>Games</li><li>Art</li><li>Collectibles</li><li>Metaverse</li><li>Utility</li><li>Sports</li></ul>



<p>Even if the questions to be asked may seem simple for some, we nevertheless hope that they will allow everyone to build a personal strategy to <strong>protect themselves from malicious practices</strong>.</p>



<h2><strong>Part Two: What is Wash Trading?</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1200" height="429" src="http://100.96.1.66:3001/app/uploads/2021/08/wash-trading-classic.jpg" alt="wash trading classic" class="wp-image-6198" srcset="http://100.96.1.66:3001/app/uploads/2021/08/wash-trading-classic.jpg 1200w, http://100.96.1.66:3001/app/uploads/2021/08/wash-trading-classic-300x107.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/08/wash-trading-classic-1024x366.jpg 1024w, http://100.96.1.66:3001/app/uploads/2021/08/wash-trading-classic-768x275.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure></div>



<p>This practice is widely used to <strong>artificially inflate</strong> the volumes of a project. But although it is known primarily for transactions, there may be other motivations behind its use.</p>



<p>We analyzed two segments to understand which schemes were used from June 2020 to February 2021:</p>



<ul><li>Collectibles</li><li>Art</li></ul>



<p>We recall that the objective of this part of the report <strong>is not to incriminate platforms or projects</strong> but to give all the necessary information to users as well as developers.</p>



<p>In this way, we hope that the discoveries we have made will help actors seeking <strong>common solutions</strong> to these problematic practices.</p>



<p>Do not hesitate to come and chat with us in our <a href="https://discord.gg/nonfungible" target="_blank" rel="noreferrer noopener">Discord</a> if you have any questions or exchange around this report!</p>



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What are the questions to ask yourself before buying an NFT? How to recognize suspicious practices in the ecosystem?

Wash Trading and safe trading practices guide


<h2><strong>Introduction</strong></h2>



<p>During this turbulent quarter, the NFTs sector experienced <strong>a huge activity spike</strong> brought by a public that had never heard of it before. These last three months, we have seen the mainstream media place <strong>NFTs on a pedestal</strong>, giving the industry excellent visibility, but also causing a lot of ink to flow; especially in the art sector.</p>



<p>Let us introduce you today to the evolution of the <strong>NFT market for this Q2 2021</strong>. We will return to this bubble phenomenon but also the retention rate of the different sectors, the average price of assets or a top 3 sales for each category.</p>



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<h2><strong>GLOBAL ANALYSIS</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="746" height="482" src="http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-global-performance.jpg" alt="NFT Q2 2021 global performance" class="wp-image-5555" srcset="http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-global-performance.jpg 746w, http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-global-performance-300x194.jpg 300w" sizes="(max-width: 746px) 100vw, 746px" /></figure></div>



<p>Overall, compared to the first quarter, <strong>all indicators are green</strong>.</p>



<p>Whether compared to last year or the previous quarter, more dollars have been traded, the number of buyers and sellers have increased, and the number of active weekly wallets has increased.&nbsp;</p>



<p>As we already said in our 2020 annual report, this trend is part of a <strong>strong growth</strong> for both the NFTs sector and the crypto sector since September 2020.</p>



<p>It is therefore particularly interesting to note that despite what the great media thought, the NFTs sector is absolutely not dead and continues to evolve well.</p>



<h2><strong>NFT Market Q2 2021 TRENDS</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="770" height="542" src="http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-report-volume-sales.png" alt="NFT Q2 2021 report volume sales" class="wp-image-5556" srcset="http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-report-volume-sales.png 770w, http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-report-volume-sales-300x211.png 300w, http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-report-volume-sales-768x541.png 768w" sizes="(max-width: 770px) 100vw, 770px" /></figure></div>



<p>One of the indicators that grabbed our attention was the <strong>distribution of sales</strong> during this second quarter. The arts sector is not the one that has evolved the most over the last three months, but rather the utility sector.</p>



<p>As these NFT use cases are not very widespread, we carefully consider this signal that could become a trend.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="792" height="556" src="http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-USD-market-evolution.jpg" alt="NFT Q2 2021 USD market evolution" class="wp-image-5557" srcset="http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-USD-market-evolution.jpg 792w, http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-USD-market-evolution-300x211.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-USD-market-evolution-768x539.jpg 768w" sizes="(max-width: 792px) 100vw, 792px" /></figure></div>



<p>This signal on the <strong>utility</strong> NFTs is not reflected in the level of the USD volume generated by sales. The <strong>collectible</strong> segment largely dominates the market in this quarter.</p>



<p>&nbsp;The explosion in USD volume in May was mainly due to the launch of larvalabs&#8217; <strong>Meebits</strong> project. With a primary market volume of $90,763,550 for this quarter, the launch of <strong>Meebits</strong> has given a lot of market&#8217;s misinterpretation.</p>



<p>But even if the end of the quarter in terms of USD volume was lower than at its beginning, this is not the case for its <strong>sales volume which saw a sharp increase.</strong></p>



<h2><strong>Biggest sales</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="845" height="364" src="http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-top-3-sales-art.png" alt="NFT Q2 2021 top 3 sales art" class="wp-image-5560" srcset="http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-top-3-sales-art.png 845w, http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-top-3-sales-art-300x129.png 300w, http://100.96.1.66:3001/app/uploads/2021/07/NFT-Q2-2021-top-3-sales-art-768x331.png 768w" sizes="(max-width: 845px) 100vw, 845px" /></figure></div>



<p>The biggest on-chain sales of this quarter were won hands down by the art segment, followed by the collectibles segment and then metaverses.</p>



<p>With the various sales of <strong>Christie&#8217;s </strong>and <strong>Sotheby&#8217;s</strong> auction houses, we have ranked these record sales in another &#8220;off-chain&#8221; segment.</p>



<p>This trend is also developing and in the future we will develop the tools to be able to integrate these sales automatically into our analysis and reports.</p>



<h2><strong>Conclusion</strong></h2>



<p>This article tracks only a few key trends and figures from our Q2 2021 report. <strong>If you want to read the full report, you can download it for free by following the link below</strong></p>



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Many trends emerged during this second quarter, between new wave of users and multiplication of use cases, let us go into more detail in our Q2 2021 report!

Here’s our 2021 NFT Q2 report!


<h2><strong>Announcement</strong></h2>



<p>For 6 years now, <strong>Ubisoft</strong> has been running a startup incubation program called the <strong>Entrepreneur Lab</strong> and in recent years, the French video game publisher has started to take an interest in Blockchain&#8230;and NFTs! Several well known projects have already benefited from this program, such as <strong>Sorare</strong> and <strong>Axie Infinity.</strong></p>



<p>Today, we are pleased to announce that for the 6th season of its incubation program, <strong>NonFungible.com has been chosen to participate!</strong> But we won&#8217;t be alone, to accompany us in this adventure here are the other participants in the season:</p>



<ul><li><a href="https://aleph.im/#/" target="_blank" rel="noreferrer noopener">Aleph</a> (France)</li><li><a href="https://www.anybrain.gg/" target="_blank" rel="noreferrer noopener">Anybrain</a> (Portugal)</li><li><a href="https://www.atlantide.us/" target="_blank" rel="noreferrer noopener">Atlantide</a> (France)</li><li><a href="https://brainleaptech.com/" target="_blank" rel="noreferrer noopener">BrainLeap</a> (United States)</li><li><a href="https://crucible.network/" target="_blank" rel="noreferrer noopener">Crucible</a> (United Kingdom)</li><li><a href="https://gameacademy.co/" target="_blank" rel="noreferrer noopener">Game Academy</a> (United Kingdom)</li><li><a href="https://www.guildofguardians.com/" target="_blank" rel="noreferrer noopener">Guild of Guardians</a> (Australia)</li><li><a href="https://horizon.io/" target="_blank" rel="noreferrer noopener">Horizon</a> (Canada)</li><li><a href="https://lexiko.fr/homepage" target="_blank" rel="noreferrer noopener">Lexiko</a> (France)</li><li><a href="https://virtuleap.com/" target="_blank" rel="noreferrer noopener">Virtuleap</a> (Portugal).&nbsp;</li></ul>



<p>Two themes will be addressed during this season: <strong>Blockchain and Positive Entertainment</strong>, with the aim of exploring the possibilities offered by this technology, in particular for the future of video games and more generally, Entertainment.&nbsp;</p>



<p>The first theme will be one of the main purposes behind this season which is to <strong>explore all the possibilities </strong>offered by Blockchain in the Entertainment Industry.</p>



<p>The second will focus more on the <strong>positive influence</strong> that different Projects can bring to their Communities.</p>



<p>Having the positivity that emerges from the different games is part of Ubisoft&#8217;s commitments, as explained by <strong>Virginie Haas</strong>, Chief Studios Operating Officer at Ubisoft and sponsor of this 6th season:</p>



<blockquote class="wp-block-quote"><p>“<em>The Entrepreneurs Lab is a great program for innovative startups to collaborate closely with Ubisoft and for us to mutually benefit from each other’s expertise and ideas. In addition to our continued focus on Blockchain, this season’s track on creating positive impacts through entertainment is perfectly aligned with Ubisoft’s mission to enrich players’ lives through original and memorable game experiences. We are excited to welcome these startups to the program and start shaping the future of entertainment together.</em>”</p></blockquote>



<p><strong>We’re looking forward to starting this program which promises to be rich in exchanges, experiences and collaborations!</strong></p>


We're glad to announce that we've been accepted to the Entrepreneur Lab program from Ubisoft! A new adventure is starting for us... and many other!

Nonfungible.com joins the Ubisoft Entrepreneurs Lab


<p>After months of hard work, we are proud to announce that we have released <strong>the new version of NonFungible.com</strong>! This update not only has a new graphic interface but also brings brand new features, and you know what? Others are still to come! 😉</p>



<p>We know, we know… you are all looking forward to <strong>real-time NFT valuation, support of other NFT standards, sidechains and blockchains.</strong> And you’ll hear all about that really soon, but this new version has set the foundation for the next steps!</p>



<p>Building a <strong>solid and reliable product during this period of NFT hype</strong> is far from easy, but we are consolidating our team and will continue to do so throughout the year, but we promise it will be worth the wait!</p>



<p>Meanwhile, here is a short presentation of the updates so far:</p>



<h2><strong>First update: New UX / UI</strong></h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1183" height="788" src="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-overview.png" alt="nonfungible market overview" class="wp-image-4547" srcset="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-overview.png 1183w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-overview-300x200.png 300w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-overview-1024x682.png 1024w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-overview-768x512.png 768w" sizes="(max-width: 1183px) 100vw, 1183px" /></figure></div>



<p>The first thing that jumps out at you is the interface! Now, at a glance, you can see <strong>the state of the market</strong> for sales, USD volume, number of active wallets according to the different categories: Collectible, Game, DeFi, Art, Utility, Metaverses and Sport!</p>



<p>The NFT industry has grown, <strong>we needed to give a more comprehensive view </strong>of all these different segments of the space.</p>



<p>You will be able to find the highest sales of the entire industry, for each segment or even per project, over the past day, week or 30 days!</p>



<h2><strong>Trends and Dataviz</strong></h2>



<p>Now on the Market History of any page, segment or project, <strong>you will find the cumulative key statistics:</strong></p>



<ul><li>number of sales</li><li>total volume of USD traded</li><li>Active wallets</li><li>number of primary market sales</li><li>number of secondary market sales</li><li>volume of USD traded on the primary market</li><li>volume of USD traded on the secondary market</li><li>Unique buyers</li><li>Unique sellers</li></ul>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1194" height="154" src="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-graphs.png" alt="nonfungible market graphs" class="wp-image-4545" srcset="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-graphs.png 1194w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-graphs-300x39.png 300w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-graphs-1024x132.png 1024w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-graphs-768x99.png 768w" sizes="(max-width: 1194px) 100vw, 1194px" /></figure></div>



<p>Do you want more ? No problem! We have what you need!!</p>



<p>The “Trends” pages!!</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1260" height="630" src="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-trends.png" alt="nonfungible market trends" class="wp-image-4549" srcset="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-trends.png 1260w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-trends-300x150.png 300w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-trends-1024x512.png 1024w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-trends-768x384.png 768w" sizes="(max-width: 1260px) 100vw, 1260px" /></figure></div>



<p>This new version has also been an opportunity to introduce <strong>a brand new component in high demand</strong> by our users and partners: a whole data visualization panel giving a better perspective on trends in the industry and in each segment.</p>



<p>These charts will have to evolve over time, to be <strong>enriched with new metrics </strong>to give you an ever more precise and complete view of the NFT industry.</p>



<h2><strong>Performance map</strong></h2>



<p>How to measure the health of an NFT project? Is its success only measured by the volume of USD traded?</p>



<p>The Performance Map designed by <strong>NonFungible.com</strong> team provides you with the most comprehensive metrics about the performance of any NFT project, by going well <strong>beyond the simple “Market volume”</strong> which is too often taken as a benchmark.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1193" height="580" src="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-performance-map.png" alt="nonfungible performance map" class="wp-image-4550" srcset="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-performance-map.png 1193w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-performance-map-300x146.png 300w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-performance-map-1024x498.png 1024w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-performance-map-768x373.png 768w" sizes="(max-width: 1193px) 100vw, 1193px" /></figure></div>



<p>Each map is composed of 5 key and <strong>exclusive metrics</strong> <strong>built by NonFungibe.com</strong>:</p>



<ul><li>Trade Volume (Number of sales)</li><li>Asset value (Average asset sales value)</li><li>Interactions (Number of dapp transactions, including bids and other interactions)</li><li>Community (Number of unique wallets interacting at the dapp level)</li><li>Retention (Percentage of how many days a wallet is active in the time period, for example a retention rate of 14.3% indicates that users are only active one day of the week)</li></ul>



<p>These indicators are used to assess a project against other projects on the one hand, and also projects that are in the same category. <strong>The figures are a per-project average</strong>, so you can see instantly how the project performs compared to other NFT projects globally or in the same category!</p>



<h2><strong>Dedicated asset pages</strong></h2>



<p>Want to know exactly how the price of an NFT has changed over time? <strong>Nothing could be simpler with the pages dedicated to each asset.</strong></p>



<p>You will find in real time data such as:</p>



<ul><li>the initial sale price (Primary market)</li><li>the last sale price</li><li>The last seller</li><li>The number of sole owners</li><li>The total volume of USD through accumulated sales</li><li>The total number of sales of the asset since it was put up for sale</li></ul>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1138" height="454" src="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-axie-infinity.png" alt="nonfungible market axie infinity" class="wp-image-4544" srcset="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-axie-infinity.png 1138w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-axie-infinity-300x120.png 300w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-axie-infinity-1024x409.png 1024w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-axie-infinity-768x306.png 768w" sizes="(max-width: 1138px) 100vw, 1138px" /></figure></div>



<p>If you want to know the details of the asset&#8217;s price over time, just refer to the “<strong>Transaction History</strong>” section at the bottom of any NFT&#8217;s page.</p>



<p><strong>You</strong> <strong>will find all the little life of the NFT,</strong> from its first sale to today, with all the buyers, sellers, transfers, the price in crypto, the price in dollars, and the date of the sale.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1155" height="468" src="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-transaction-history.png" alt="nonfungible market transaction history" class="wp-image-4548" srcset="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-transaction-history.png 1155w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-transaction-history-300x122.png 300w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-transaction-history-1024x415.png 1024w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-transaction-history-768x311.png 768w" sizes="(max-width: 1155px) 100vw, 1155px" /></figure></div>



<h2><strong>Enhanced projet market history</strong></h2>



<p>You already knew the market history by project, but now you can search in detail for any asset based on any of its metadata.</p>



<p>Analyzing NFT markets and identifying the fair price of any asset <strong>has never been easier!</strong></p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1144" height="749" src="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-sales-history.png" alt="nonfungible market sales history" class="wp-image-4552" srcset="http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-sales-history.png 1144w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-sales-history-300x196.png 300w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-sales-history-1024x670.png 1024w, http://100.96.1.66:3001/app/uploads/2021/04/nonfungible-market-sales-history-768x503.png 768w" sizes="(max-width: 1144px) 100vw, 1144px" /></figure></div>



<p>Go take a look at your favorite project or asset and above all, do not hesitate to <strong>share your impressions</strong> with us directly on our social networks. This update is just the foundation for even more exciting new features to come!</p>



<h2><strong>Conclusion</strong></h2>



<p>We always want to provide you with <strong>the smoothest and most enjoyable user experience</strong> possible, so that information about NFTs can be accessible and easy to read at first glance.</p>



<p>Just like you, market trends are indicators that are important to us and we see these new features as essential in continuing to offer easy monitoring of NFT projects that we have been following for these past three years.</p>



<p><strong>If</strong> <strong>you find any bugs,</strong> please report them to us. If you can&#8217;t find a feature that you used to love, don&#8217;t hesitate to let us know!</p>



<p><strong>We hope you enjoy this new NonFungible.com and find it useful and remember: the best is yet to come!</strong></p>


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