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.
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?
The Q1 Quarterly Report 2022 presents the first detailed figures on the reality of NFTs markets.
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.

Collectibles are the predominant segment in the industry, far ahead of Art or even the Metaverses.

The general public seems to be losing interest in NFTs, if the search volume on Google is to be believed.

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.

The resale profit volume is down 3% while the total loss volume is up nearly 50% compared to the previous quarter.

Q1 Report 2022

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...

Quarterly NFT Market Report

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.

These reports are designed for curious newcomers as well as experienced investors.

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.

Yearly Report 2021

"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

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

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.

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

Q3 Report 2021

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.

Data doesn’t lie. At NonFungible we analyze it and make the complex simple and freely accessible for everyone.

The NFT Market has been in full craze mode since the start of the year. We have witnessed multi-million-dollar sales almost every week with new projects announced each day, copycats are being created from copycats.

There are numerous NFT projects, with dozens of new promising ones popping up everyday. Sometimes, because of misleading marketing campaigns or inflated market volumes, it may be complicated to truly identify what is a promising project and what is not.

You have probably read on a lot of related websites that you should “DYOR” or “Do Your Own Research” before purchasing any asset, but where should you start and what is the right criteria? This section is intended to help you drive forward your own due diligence before investing into any NFT project or purchasing an asset.

As the NFT ecosystem is already extremely broad, from Art to Gaming and Metaverses, the due diligence process is necessarily different depending on the particular asset type.

What to check before buying an NFT?

As mentioned earlier, the objective of our work in this report is to help everyone gain autonomy in their analysis of the NFT Markets, with the right tools and the necessary knowledge.

Before going into further detail in this section, we must return to the assumption which is at the origin of our research work: "There is Wash Trading in the NFT Market". In order to validate this hypothesis and to succeed in quantifying Wash Trading, it is first necessary to identify in what form this Wash Trading takes place, how to recognize it and what reasonable doubts lead us to consider this or that transaction is an illegitimate one.

Is there wash trading in NFT markets?

Good Practices guide

We have always done our best to help the NFT industry remain as healthy and transparent as possible. In recent years, we have published several articles* on the risks and abuses within the ecosystem** in an effort to raise awareness among the various stakeholders. This year, we have decided to go even further and publish a comprehensive report which covers the good practices of Due Diligence in Wash Trading.

The purpose behind this report can be divided into five objectives:<ol><li>To make the NFT world a healthier place for everyone.</li><li>Bring further transparency and honesty to the booming NFT Markets.</li><li>Reduce the volume of suspicious transactions.</li><li>Ensure the long-term sustainability of this market.</li><li>Promote individual responsibility, i.e: Do Your Own Research “DYOR”, Due Diligence, community whistleblowing etc...</li></ol>

Data doesn’t lie. At NonFungible we analyze it and make the complex simple and freely accessible for everyone.

Our Q2 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.

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. This trend is part of a strong growth for both the NFTs sector and the crypto sector since September 2020.

All indicators are green

Despite the USD volume being lower than at the beginning of the quarter, the sales volume saw a sharp increase. The collectible segment largely dominates the market in this quarter. The explosion in USD volume in May was mainly due to the launch of larvalabs’ Meebits project.

Out of all the sectors, the utility sector is the one that has evolved the most over the last three months. As these NFT use cases are not very widespread, we carefully consider this signal could become a trend.

Q2 Report 2021

During this turbulent quarter, the NFTs sector experienced a massive activity spike as new users joined the NFT community for the first time. These last three months, we have seen the mainstream media place NFTs on a pedestal, giving the industry excellent visibility, but also encouraging ink to flow, giving rise to new artists and projects.

Free Quarterly NFT Market Report


<p>Since <a href="https://nonfungible.com" target="_blank" rel="noreferrer noopener">NonFungible.com</a><a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">’s inception</a>, the <strong>platform has been growing rapidly and changing every day.</strong> Our goal of creating an NFT marketplace that crypto beginners can understand has <strong><em>morphed</em> into creating an all encompassing future CoinMarketCap of non-fungible token assets.</strong></p>



<h2>Before The Beginning</h2>



<p><a href="https://nonfungible.com" target="_blank" rel="noreferrer noopener">NonFungible.com</a> began as an idea for an NFT marketplace. While on the hunt for a domain name, I immediately found that NonFungible.com and other variations were available and scooped them up quick. As an <strong>avid domain hodler</strong> and<strong> NFT supporter</strong>, I saw the <strong>immense opportunity </strong>with these names.<strong> </strong>As soon as I purchased NonFungible.com, I began coding a <strong>LAND marketplace smart contract</strong>. After countless late nights, I finally finished the smart contract. Once the hard work was finished, I needed to create a <strong>beautiful user interface</strong>.</p>



<p>A few days after I implemented our basic user interface prototype, <a href="https://nonfungible.com/market-tracker/decentraland" target="_blank" rel="noreferrer noopener">Decentraland</a> announced they were releasing their official <a href="https://market.decentraland.org" target="_blank" rel="noreferrer noopener">LAND marketplace</a>. Additionally, when I started to run with creating an NFT Marketplace, I found other projects like <a href="https://wyvernprotocol.com/" target="_blank" rel="noreferrer noopener">Project Wyvern</a>, <a href="https://www.coingecko.com/en/nft" target="_blank" rel="noreferrer noopener">Coingecko</a> (ex-<strong>RareBits</strong><a href="https://rarebits.io/%29" target="_blank" rel="noreferrer noopener">)</a>, <a href="https://opensea.io/" target="_blank" rel="noreferrer noopener">OpenSea</a>. I decided it was <strong>best to re-group and find a new entrance niche.</strong></p>



<p>Fast forward a few weeks later and there was another opportunity, <strong>historical pricing for LAND within one unified interface</strong>.</p>



<p>I have been involved in the Decentraland community as a <strong>district leader</strong>, <strong>statistics and tool writer</strong> to <strong>help the community</strong>. Additionally, I have helped support users with their<strong> difficult questions </strong>in the community chats and<strong> </strong>helped to build the <strong>initial prototype for </strong><a href="https://github.com/decentraland/ethalarm" target="_blank" rel="noreferrer noopener"><strong>EthAlarm</strong></a> as well as <strong>collected a few bug bounties</strong>. With all of this Decentraland experience, I decided that NonFungible.com was a logical transition for me, and thus, <strong>it was born!</strong></p>



<h2>The Goals</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="750" height="350" src="http://100.96.1.66:3001/app/uploads/2020/05/goal-net.jpeg" alt="" class="wp-image-1342" srcset="http://100.96.1.66:3001/app/uploads/2020/05/goal-net.jpeg 750w, http://100.96.1.66:3001/app/uploads/2020/05/goal-net-300x140.jpeg 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure></div>



<p><strong>Mission Statement:</strong> Organizing the infrastructure making fair asset ownership universally accessible.</p>



<p><strong>Vision Statement: </strong>Helping crypto-beginners and experts alike understand and discover the opportunities within the non-fungible digital asset (NFT) ecosystems.</p>



<p>NonFungible.com supports the use of non-fungible tokens (NFTs) as a means to achieve truly fair asset ownership. Built on top of blockchain technology to provide desirable decentralized, censorship resistant, immutable properties. <em>Similar to how Bitcoin is the answer to financial ownership</em> and <em>independence</em>, <strong>non-fungible tokens are currently the best solution to fair asset ownership.</strong></p>



<p><strong>Supporting the market with analysis</strong> and <strong>discovery tools</strong> is the <strong>just beginning of creating a healthy non-fungible ecosystem</strong>. A nice side effect of the market data is that we are also<strong> providing greater transparency</strong> with the data. We have gotten rid of the need for a programmer to understand and do analysis on the data. We hope to help facilitate the ride and become a key resource in the industry!</p>



<h2>NonFungible.com Prototype v1</h2>



<p>After quickly <strong>deploying an Ethereum node </strong>and <strong>creating a blockchain event monitor</strong>, I set up a simple website with<a href="https://nonfungible.com/market-tracker/decentraland" target="_blank" rel="noreferrer noopener"> <strong>historical market data for Decentraland</strong></a><strong>.</strong> The community support from this initial launch was phenomenal. I am so<strong> humbled by the amount of positive support!</strong></p>



<p>I quickly got to work implementing <a href="https://nonfungible.com/market-tracker/cryptokitties" target="_blank" rel="noreferrer noopener"><strong>CryptoKitties</strong></a><strong>, </strong><a href="https://nonfungible.com/market-tracker/cryptopunks" target="_blank" rel="noreferrer noopener"><strong>CryptoPunks</strong></a><strong>, </strong><a href="https://nonfungible.com/market-tracker/ethermon" target="_blank" rel="noreferrer noopener"><strong>Etheremon</strong></a><strong> and </strong><a href="https://nonfungible.com/market-tracker/etherbots" target="_blank" rel="noreferrer noopener"><strong>Etherbots</strong></a>, only to find out that a Parity “fast sync” isn’t going to cut it. Seller information and/or purchase price were missing in a few scenarios. After a little research, I found that I would have to sync a full, unpruned Ethereum node with tracing enabled. This can take a week or longer and requires robust computer hardware and 1 TB of SSD disk space. Whoah! This is not as simple as I was hoping, after setting up some rather powerful temporary servers, the new sync began.</p>



<h2>NonFungible.com Prototype v2</h2>



<h3>Platform</h3>



<p>We needed to<strong> complete the functionality</strong>, <strong>support a broader community </strong>and most importantly, gather<strong> all the data </strong>for a<strong> range of non-fungible projects</strong>. For that, I needed time to code but also had to wait for the Ethereum node to fully sync up with the network. I took the week of April 9th off from my day job to focus on <a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">NonFungible.com</a>. I’m extremely pleased with <a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">NonFungible.com</a> site developments, code, community support and potential revenue streams.</p>



<p>With the <strong>v2 prototype launch</strong>, we officially launched the remaining 3 planned NFTs, gathered the <strong>meta data</strong>, provided a little more robust <strong>searching</strong> (still a bit of optimizations to go here), and added <strong>USD conversion</strong> prices using CoinMarketCap historical open prices. The<strong> </strong>USD price for historical data before April 18th uses <strong>the daily open price</strong>. Everything going forward uses the <strong>price regularly updated from CoinMarketCap</strong>.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><a href="https://nonfungible.com/" target="_blank" rel="noopener noreferrer"><img loading="lazy" width="800" height="666" src="http://100.96.1.66:3001/app/uploads/2020/05/nonfungible-v1.png" alt="" class="wp-image-1906" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nonfungible-v1.png 800w, http://100.96.1.66:3001/app/uploads/2020/05/nonfungible-v1-300x250.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/nonfungible-v1-768x639.png 768w" sizes="(max-width: 800px) 100vw, 800px" /></a></figure></div>



<h3>Community</h3>



<p>Aside from our new, but wickedly successful medium blog, we’ve been <strong>working with the NonFungible token community</strong> and <strong>are in touch with leaders, admins, mods and devs <a href="https://discord.gg/nonfungible" target="_blank" rel="noreferrer noopener">via Discord</a></strong>. Our<a href="https://discord.gg/nonfungible" target="_blank" rel="noreferrer noopener"> <strong>Discord channel</strong></a><strong> aggregates the news from the non-fungible token projects’ Twitter</strong> and <strong>Discord announcement channels</strong> so our users can<em> easily </em>get their news in <strong>one unified interface.</strong></p>



<p>We have also<strong> </strong>begun creating an NFT Network for the<strong> professionals involved in these NFT projects</strong>. We hope to help<strong> accelerate their growth</strong> and <strong>accommodate collaboration</strong> within the ecosystem.</p>



<h2>So…When Moon? What’s Next?</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="750" height="250" src="http://100.96.1.66:3001/app/uploads/2020/05/wenmoon.jpeg" alt="" class="wp-image-1907" srcset="http://100.96.1.66:3001/app/uploads/2020/05/wenmoon.jpeg 750w, http://100.96.1.66:3001/app/uploads/2020/05/wenmoon-300x100.jpeg 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure></div>



<p>We have a number of features on our roadmap that are sure to add more value to the platform which <strong>we will be proud to call our official MVP</strong>. With the MVP, we should have a strong basis to create sound revenue streams from. Below is a <strong>summarized</strong> and tentatively ordered<strong> list of our current priorities </strong>feature-wise.</p>



<h2>Over the next couple months</h2>



<ol><li>Performance Optimization</li><li>Market data sorting</li><li>General market statistics (hour/day/week/month volume and sales)</li><li>Advanced search (multiple meta attributes and conditions)</li><li>Market charts (hour/day/week/month volume and sales)</li><li>Support market data from <a href="https://opensea.io/" target="_blank" rel="noreferrer noopener">OpenSea</a>, <a href="https://www.coingecko.com/en/nft" target="_blank" rel="noreferrer noopener">Coingecko</a> (ex-RareBits), and <a href="https://wyvernprotocol.com/" target="_blank" rel="noreferrer noopener">Project Wyvern</a></li><li>Hand picked, curated news from non-fungible token projects</li><li>Implement redesigned UI/UX (this will likely be implemented as soon our man, @Zoup, has it ready)</li></ol>



<p>Thank you for being a part of the non-fungible revolution and for your support with <a href="https://nonfungible.com" target="_blank" rel="noreferrer noopener">NonFungible.com</a>!</p>


Our goal of creating an NFT marketplace that beginners can understand has morphed into creating an all encompassing CoinMarketCap of non-fungible tokens.


NonFungible.com’s Growth Since Inception


<p>We have launched support for 3rd party marketplaces: <a href="https://opensea.io/" target="_blank" rel="noreferrer noopener">OpenSea</a>, <a href="https://www.coingecko.com/en/nft" target="_blank" rel="noreferrer noopener">Coingecko</a> (ex-RareBits) and <a href="https://exchange.projectwyvern.com/" target="_blank" rel="noreferrer noopener">Project Wyvern</a>!</p>



<p>After much anticipation, we are also happy to announce that we are working with NFT publishers to list their projects on NonFungible.com. We don’t want to announce specific projects yet but we’ve completed 8 new listings in development that are ready to launch with <strong>contests and giveaways</strong>! <a href="https://twitter.com/nonfungibles" target="_blank" rel="noreferrer noopener">Follow us on Twitter</a> to be the first to know when we launch the new markets!</p>



<h2>Performance</h2>



<p>Dealing with the volume of CryptoKitties has been difficult while providing the same search, sort and listing data at reasonable speeds.</p>



<p>NonFungible.com has also been at the mercy of many of the shortcomings of the Ethereum network.</p>



<p>We are ecstatic that these should no longer be an issue in most cases. The website and the market data should now remain up to date even during the heaviest network congestion!</p>



<h2>API documentation</h2>



<p>We have published our API documentation to the public. The first iteration undocumented API is still operational but we urge everyone to upgrade to the v1 specification.</p>



<p>The API isn&#8217;t available yet but stay tuned!</p>



<h3>Terms of Service &amp; Privacy Policies</h3>



<p>We have published the first versions of our Terms of Service and Privacy Policy effective immediately. These can be found on our website:<a href="https://nonfungible.com/terms-of-use" target="_blank" rel="noreferrer noopener"> https://NonFungible.com/pages/terms</a> and<a href="https://nonfungible.com/privacy-policy" target="_blank" rel="noreferrer noopener"> https://NonFungible.com/pages/privacy</a></p>



<h2>On the horizon</h2>



<ul><li><strong>Charting</strong> is a feature that our users have been requesting often and is extremely helpful to accurately measure the market conditions. We have completed the processing on the backend and are looking forward to implementing charted data on a familiar platform — volume, total value and average sale value over different time spans.</li><li><strong>More NFT listings</strong>,<strong> </strong>our goal to become “<em>the CoinMarketCap for non-fungible tokens”</em> means that we need to list new projects swiftly while not compromising the user experience. We have done a lot to prepare over the past couple of months — moving forward, listing new NFT project’s market data should be an efficient, streamlined process.</li><li><strong>Non-fungible token profiles</strong>, we are planning to host resources relating to each project, official as well as non-official. Blogs, tools, websites, and other resources specific to each project. Please let us know about your website or tool either through<a href="https://twitter.com/nonfungibles" target="_blank" rel="noreferrer noopener"> Twitter</a>, or use the<a href="https://nonfungible.com/contact-us" target="_blank" rel="noreferrer noopener"> contact form</a> on the website.</li><li><strong>A new server in Europe</strong>, some of our European friends have noted that our website is not as responsive as they would expect. We are adding another server located in Europe to accommodate these regions.</li></ul>



<h2>Short term future value</h2>



<h3>New website UI/UX</h3>



<p>A whole new UX has been set for Nonfungible.com, providing new ergonomics, navigation and a bunch of new features, UI is on its way as well! More information about it soon…</p>



<h3>NFT wallet interface</h3>



<p>This brand new features will display all your non-fungible tokens in one dashboard, providing you market evolution hints, value estimation of your global wallet and advice for your next moves on the markets! All-you-need in one dashboard, backed by real-time market data.</p>



<h4><strong>A lot of other exciting news and features are coming soon! Stay tuned, 2018 will be an awesome year for the NFT ecosystem!</strong></h4>


We have lots of exciting news to share with you!!

New developments and a sneak peek into the future of NonFungible.com


<p><a href="https://nonfungible.com" target="_blank" rel="noreferrer noopener">NonFungible.com</a> was born in March 2018. Less than a year later, the website has a brand new look and anticipates 2019 as a tremendous year! The team worked hard to improve performance, ergonomics, and design improvements to provide a more user-friendly experience on the site.</p>



<p>Our goal is to allow neophytes to discover this ecosystem while continuing to offer powerful market analysis tools to our advanced users.</p>



<h2>The reason for this new version?</h2>



<p>We wanted to build a website able to carry our ambition:</p>



<p><strong>Become the main reference for information and market analysis on NFT projects.</strong></p>



<p>The design and ergonomics of the website play a vital role in its ability to become mainstream. This is why we proposed this complete redesign. We worked with UI and UX designers in order to propose a graphical interface and ergonomics which facilitate the navigation, and which is also scalable for a very large number of projects.</p>



<p>The navigation should allow our users to find the projects they are looking for in few clicks, but also encourage serendipity by discovering new promising projects.</p>



<h2>Optimized performances</h2>



<p>This new version carried a deep back-end rebuild and optimization. With a fully-synchronized Ethereum node, a brand new infrastructure, and some magic here and there. 🙂</p>



<p>This new backend has enabled two essential things for our users:</p>



<ul><li>pages are now loading up to 2.5X faster</li><li>the ability to list new projects faster and more efficiently</li><li>the ability to add new roadmap features quickly</li></ul>



<h2>A dedicated news section</h2>



<p>The site now offers a homepage focused on content, information and news. Our goal is to inform our audience about the projects they are looking for but also to introduce promising new projects every day.</p>



<p>Whether you are an expert or just a newbie,<a href="https://nonfungible.com" target="_blank" rel="noreferrer noopener"> NonFungible.com</a> will gather all the information needed to follow and understand the evolution of the ecosystem.</p>



<h2>Advanced search features</h2>



<p>This was probably the most expected features: Each project provides advanced search features to find specific transactions based on precise criteria. Search performance has been upgraded and the backend is prepared to provide even more granular search capabilities in the near future.</p>



<h2>Listing new projects</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1110" height="641" src="http://100.96.1.66:3001/app/uploads/2020/05/nonfungible.com-v2.png" alt="" class="wp-image-1377" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nonfungible.com-v2.png 1110w, http://100.96.1.66:3001/app/uploads/2020/05/nonfungible.com-v2-300x173.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/nonfungible.com-v2-1024x591.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/nonfungible.com-v2-768x444.png 768w" sizes="(max-width: 1110px) 100vw, 1110px" /></figure></div>



<p>With the perfect technical and functional framework, we are now able to list new projects much more efficiently and quickly. We have already received a large number of listing requests and have begun to study each application for the upcoming addition to the site.</p>



<p>In 2019, we will regularly add new projects to the platform. Of course, any project addition will be the subject of an in-depth analysis by our teams, in order to propose only real, innovative, and promising project qualification.</p>



<p>Any potential, supposed, or obviously “scammy” project will be automatically rejected by our teams.</p>



<p>If you want to be part of the<a href="https://nonfungible.com" target="_blank" rel="noreferrer noopener"> NonFungible.com</a> journey in 2019 and get your project listed, fill out the form below and we will get back to you soon:<a href="https://docs.google.com/forms/d/e/1FAIpQLSfYjmKNhVDCN-rAIQDsURfj1U8WjDizhuPmB84H98PLDLXamg/viewform?usp=sf_link" target="_blank" rel="noreferrer noopener"> </a><em><a href="https://nonfungible.com/contact-us" target="_blank" rel="noreferrer noopener">Fill the form here</a></em></p>



<h2>This was just the beginning…</h2>



<p>We still have some very nice updates in 2019:</p>



<ul><li>Premium features will be released soon</li><li>Exclusive partnerships are on the track</li><li>NonFungible.com will attend major Blockchain &amp; NFT events around the world</li><li>And many other things…</li></ul>


NonFungible.com was born in March 2018. Less than a year after, the website has a brand new look and announces 2019 as a tremendous…

The new NonFungible.com is here!


<p>2018 has been an extremely rich and busy year for<a href="https://nonfungible.com" target="_blank" rel="noreferrer noopener"> NonFungible.com</a>! We were born in March 2018, helping the<a href="https://nonfungible.com/market-tracker/decentraland" target="_blank" rel="noreferrer noopener"> Decentraland</a> community to track LAND sales history. We have been the first tool providing transparency to the NFT market.</p>



<p>Less than a year later…</p>



<ul><li>We have built and deployed a<a href="https://nonfungible.com/news/corporate/new-design-new-features" target="_blank" rel="noreferrer noopener"> brand new version of the website</a> with a whole new UX &amp; UI</li><li>We have built a community of more than<a href="https://twitter.com/nonfungibles" target="_blank" rel="noreferrer noopener"> 1 500 followers on Twitter</a>.</li><li>We are participating in the<a href="http://reports.coingecko.com/2018-q2-en" target="_blank" rel="noreferrer noopener"> world famous CoinGecko quarterly report</a>, highlighting and analyzing NFT trends.</li><li>Last, but not least, we are partners of the<a href="https://www.nft.nyc" target="_blank" rel="noreferrer noopener"> NFT.NYC</a> event, taking place at the PlayStation Theater in Times Square on February 20th.</li></ul>



<h2>NFT.NYC: the NFT world at a single event</h2>



<p>This major event in the NFT community will bring together major players in the sector: publishers (Decentraland, CryptoKitties, NeonDistrict), developers (William Entriken, the main author of ERC-721), and other NFT organizers like Coin.Kred and OpenSea.</p>



<p>The PlayStation Theater billboard will display statistical data from major NFT projects, powered by NonFungible.com, to educate New Yorkers about this new economy.</p>



<p>Book your ticket before January 15th to enjoy the Early Bird price.<a href="https://www.nft.nyc/#register" target="_blank" rel="noreferrer noopener"> You can register on NFT.NYC website</a> or purchase NFT “cryptotickets” through the<a href="https://opensea.io/assets/cryptotickets" target="_blank" rel="noreferrer noopener"> OpenSea Marketplace</a>.</p>



<h2>NFTs: a whole new and autonomous economy?</h2>



<p>NonFungible will present:</p>



<p>“How are NFTs building a whole new and autonomous economy?”</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="600" height="600" src="http://100.96.1.66:3001/app/uploads/2020/05/gauthier-nft-nyc-2019.jpeg" alt="" class="wp-image-1379" srcset="http://100.96.1.66:3001/app/uploads/2020/05/gauthier-nft-nyc-2019.jpeg 600w, http://100.96.1.66:3001/app/uploads/2020/05/gauthier-nft-nyc-2019-300x300.jpeg 300w, http://100.96.1.66:3001/app/uploads/2020/05/gauthier-nft-nyc-2019-150x150.jpeg 150w" sizes="(max-width: 600px) 100vw, 600px" /></figure></div>



<p>Based on the market history and statistical data of more than 150 NFT projects in 2018, we will highlight the economical strength carried by this new generation of assets.</p>



<p>Way more than just speculative items, non-fungible tokens mark a turning point in the perception of assets circulating on the Blockchain.</p>



<h2>Meet the community</h2>



<p>The NFT.NYC will be a great opportunity for us to discover new projects and meet passionate members of the community. We are really thrilled to meet you all during and after the event! If you are in New York the week of February 20th, feel free to <a href="https://discord.gg/nonfungible" target="_blank" rel="noreferrer noopener">reach us through Discord</a> to have a talk and meet IRL.</p>



<h2>MeetUps &amp; events through 2019</h2>



<p>NonFungible.com will take part in several MeetUps and conferences in 2019 to raise public awareness of the NFT ecosystem, and continue discovering new projects. We will keep you updated about those events as soon as dates and places are officially published.</p>



<p>Of course, we are open to ideas and proposals if you want to see NonFungible team in your events or MeetUps.</p>


2018 has been an extremely rich and busy year for NonFungible.com! We were born in March 2018, helping Decentraland community to track…

NFT.NYC: let’s meet the NFT community!


<p>You are a big fan of baseball and blockchain? Amazing, so are we!</p>



<p><a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">NonFungible.com</a> is glad to announce the listing of<a href="https://nonfungible.com/market-tracker/mlbchampions" target="_blank" rel="noreferrer noopener"> MLB Champions</a> this week: the first ever licensed MLB game on the blockchain!</p>



<h2>What? You don’t know MLB Champions yet?</h2>



<p>MLB Crypto Baseball allows you to buy and collect on the Ethereum Blockchain all the iconic MLB players.</p>



<p>The pre-sale of these trading cards started on August 13th at 9 pm PST.<strong> </strong>The pre-sale has three item classes for a total of 15,001 items. That’s 500 for each of the 30 teams plus 1 special trophy.</p>



<p>You’ll just need one figure to play the game, but the more figures you own, the more chance you have to unlock a new figure, so the goal is definitely to complete a whole team.</p>



<p>Watch the video presenting Crypto Figures on YouTube:</p>



<h2>Some figures about MLB Champions</h2>



<p>In 2018, MLB Champions was the 12th biggest NFT project in terms of transaction volume with a little more than <strong>100 000 transactions</strong>.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1200" height="563" src="http://100.96.1.66:3001/app/uploads/2020/05/mlb-champions-ranking-2018-yearly-reprot.png" alt="" class="wp-image-1389" srcset="http://100.96.1.66:3001/app/uploads/2020/05/mlb-champions-ranking-2018-yearly-reprot.png 1200w, http://100.96.1.66:3001/app/uploads/2020/05/mlb-champions-ranking-2018-yearly-reprot-300x141.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/mlb-champions-ranking-2018-yearly-reprot-1024x480.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/mlb-champions-ranking-2018-yearly-reprot-768x360.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption>MLB Champions ranking per transactions volume in 2018  &#8211;  <a href="https://nonfungible.com/reports/2018/en/yearly-nft-market-report-free" target="_blank" rel="noreferrer noopener">Data from NonFungible.com NFT Yearly Report</a></figcaption></figure></div>



<p>Regarding USD traded on smart contracts, MLB Crypto Baseball is the 8th biggest NFT projects, with a little more than $1.4 million traded in 2018.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1200" height="553" src="http://100.96.1.66:3001/app/uploads/2020/05/traded-by-volume-2018-yearly-nft-report.png" alt="" class="wp-image-1390" srcset="http://100.96.1.66:3001/app/uploads/2020/05/traded-by-volume-2018-yearly-nft-report.png 1200w, http://100.96.1.66:3001/app/uploads/2020/05/traded-by-volume-2018-yearly-nft-report-300x138.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/traded-by-volume-2018-yearly-nft-report-1024x472.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/traded-by-volume-2018-yearly-nft-report-768x354.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure></div>



<p>MLB Crypto Baseball ranking per USD traded volume in 2018 &#8211; <a href="https://nonfungible.com/reports/2018/en/yearly-nft-market-report-free" target="_blank" rel="noreferrer noopener">Data from NonFungible.com NFT Yearly Report</a></p>


You are a big fan of baseball and blockchain? Amazing, so are we!


MLB Champions gets listed on NonFungible.com


<p>[<a href="https://medium.com/nonfungible-france/creez-la-mascotte-de-lecosysteme-nft-et-gagnez-13-eth-acf7044d331" target="_blank" rel="noreferrer noopener">La version française de cet article est disponible ici</a>]</p>



<p><a href="https://nonfungible.com" target="_blank" rel="noreferrer noopener">NonFungible.com</a> is organizing the first competition to design an NFT (“non-fungible tokens”) mascot! Submissions are being accepted from April 29th to May 11th!</p>



<p>The creator of the most popular mascot will <strong>win at least 19 Ethereum (2,800€ / $ 3,200) worth of non-fungible tokens</strong> (rare game assets, special packs, characters, trading cards, …) — the full list of prizes is available at the end of this article.</p>



<p>If you still don’t know what an NFT is, I invite you to read these articles from Decentraland and 0xCert:</p>



<ul><li><a href="https://decentraland.org/blog/technology/what-are-nfts" target="_blank" rel="noreferrer noopener">What are NFTs ?</a></li><li><a href="https://medium.com/0xcert/fungible-vs-non-fungible-tokens-on-the-blockchain-ab4b12e0181a" target="_blank" rel="noreferrer noopener">Fungible vs non-fungible tokens on the blockchain</a></li></ul>



<p><strong><em>NO TIME TO READ ? PROPOSE YOUR CREATION RIGHT NOW!</em></strong></p>



<h2>The goal of the contest</h2>



<p>The NFT ecosystem is made up of a number of stakeholders, games, artists and developers, working with passion on their project or facilitating the adoption of this emerging technology to the mainstream.</p>



<p>NonFungible.com has proposed to these industry players to join forces, organize this contest and offer an incredible Prize Pool to the winner!</p>



<p>The goal:</p>



<p>Design a mascot free for anyone to use and build upon, create a story with the values we embody.</p>



<p>Some examples of values we see today in this ecosystem:</p>



<ul><li><strong>SHARING </strong>— We feel about sharing and helping each other to enhance the whole space</li><li><strong>USE </strong>— We advocate utility before the financial value (reduce speculation)</li><li><strong>VISION </strong>— The teams are deploying incredible imagination to build the vision and potential of a technology that only a small part of the population has heard of to date.</li></ul>



<h3>Notes :</h3>



<p>At the time of submission, the mascot will have been shared through <strong>Creative Commons License (CC0) </strong>by the author. No <strong>property or commercial rights</strong> will be associated with the mascot and anyone should be free to use or modify the creations.</p>



<h2>Rules and organization</h2>



<p>The contest will be organized into 2 main steps:</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="60" height="52" src="http://100.96.1.66:3001/app/uploads/2020/05/contest-image.png" alt="" class="wp-image-1438"/></figure></div>



<h3>MASCOT PROPOSITIONS [04.29.2019 → 05.11.2019]</h3>



<p>Any artist, designer or amateur will have the opportunity to propose their creations. Creations will remain hidden throughout the proposal phase. Every artist may propose multiple mascots.</p>



<p>Proposals considered off-topic or copyright infringing by the organizers will be automatically withdrawn from the competition and will not be put to the vote. Creations must be unique and the author must have the authority to license the work as CC0.</p>



<h3>| End of proposal phase: Saturday, May 11, 2019 at 23:59 UTC + 2 |</h3>



<p><em>Note: The 6 mascots proposed on Twitter at the genesis of the contest are great examples! You can find them</em><a href="https://twitter.com/nonfungibles/status/1113096796207710212" target="_blank" rel="noreferrer noopener"><em> here</em></a><em> and</em><a href="https://twitter.com/michelledh/status/1115370787467354112" target="_blank" rel="noreferrer noopener"><em> there</em></a><em>.</em></p>



<hr class="wp-block-separator"/>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="64" height="64" src="http://100.96.1.66:3001/app/uploads/2020/05/contest-image-2.png" alt="" class="wp-image-1439"/></figure></div>



<h3>PUBLIC VOTE [05.13.2019 → 05.26.2019]</h3>



<p>The arts submitted during the proposal phase will be voted on for 2 weeks. Only one vote per user, authors can vote for their own mascot.</p>



<p>The distribution of votes will remain public throughout the phase until the day of the closing. <strong><em>Only one winner</em></strong> will be selected at the end of the voting phase. The work that has received the most votes from the public will be declared the winner.</p>



<p>The winner will be contacted by NonFungible.com team in the week following the end of the votes to proceed with the award ceremony.</p>



<h3>| End of voting phase: Sunday, May 26, 2019 at 23:59 UTC + 2 |</h3>



<h2>Contest partners</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="82" height="37" src="http://100.96.1.66:3001/app/uploads/2020/05/axielogo.png" alt="" class="wp-image-1440"/></figure></div>



<p><a href="https://nonfungible.com/market-tracker/axieinfinity" target="_blank" rel="noreferrer noopener"><strong>Axie Infinity</strong></a><strong> </strong>is a game centered around collecting, training, raising, and battling fantasy creatures called Axie. Each Axie has unique genetic data stored on the Ethereum blockchain. An Axie can possess 6 out of hundreds of possible body parts. Each body part has their own battle move so the combinations for creating unique little battlers are infinite!</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="51" height="51" src="http://100.96.1.66:3001/app/uploads/2020/05/blockcities-logo.png" alt="" class="wp-image-1441"/></figure></div>



<p><a href="https://nonfungible.com/market-tracker/blockcities" target="_blank" rel="noreferrer noopener"><strong>BlockCities</strong></a><strong> </strong>is a series of architecture collectibles and city-building game where you can create your own buildings using the Mystery Machine! Once the 1000th building has been built, the BlockCities Genesis building will be revealed and the auction will begin!</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="143" height="65" src="http://100.96.1.66:3001/app/uploads/2020/05/chainbreakers-logo.png" alt="" class="wp-image-1442"/></figure></div>



<p><a href="https://nonfungible.com/market-tracker/chainbreakers" target="_blank" rel="noreferrer noopener"><strong>ChainBreakers</strong></a><strong> i</strong>s an online RPG (Role Playing Game) where players send their characters in epic quests and battles through different games and metaverses, the best known of which is Decentraland. Players, as well as “hosts” of quests, can be paid over the game.</p>



<p>Want to learn more about the game? It’s here:<a href="https://medium.com/qwellcode-vr/the-future-of-chainbreakers-96754e9e9b03" target="_blank" rel="noreferrer noopener"> The Future of Chainbreakers</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="53" height="58" src="http://100.96.1.66:3001/app/uploads/2020/05/cryptokitties-logo.png" alt="" class="wp-image-1443"/></figure></div>



<p>Should we still introduce<a href="https://nonfungible.com/market-tracker/cryptokitties" target="_blank" rel="noreferrer noopener"> <strong>CryptoKitties</strong></a>? The blockchain game that almost saturated Ethereum Blockchain in late 2017 by its popularity! CryptoKitties are collectible kittens, composed of characteristics that make each of them unique, through the combination of genetic characteristics that define its color, the shape of its eyes, its fur, … Breed to kitties to create a third one with new features, sometimes exlusives!</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="81" height="55" src="http://100.96.1.66:3001/app/uploads/2020/05/mlbchampions-logo.png" alt="" class="wp-image-1444"/></figure></div>



<p><a href="https://nonfungible.com/market-tracker/mlbchampions" target="_blank" rel="noreferrer noopener"><strong>MLB Champions</strong></a><strong>: </strong>Collectible virtual figurines that are played alongside live MLB baseball events to earn rewards based on how well your team performs. Players earn additional MLB Cryptos varying in rarity and value as well as points towards the leaderboard to showcase their skill as baseball enthusiasts. Form the right teams, build your cards, and compete against other teams in MLB Champions.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="46" height="46" src="http://100.96.1.66:3001/app/uploads/2020/05/mycryptoheroes-logo.png" alt="" class="wp-image-1445"/></figure></div>



<p>“<em>When your time and passion become your asset</em>” is<a href="https://nonfungible.com/market-tracker/mycryptoheroes" target="_blank" rel="noreferrer noopener"> <strong>My Crypto Heroes</strong></a> philosophy.</p>



<p>This turn-based strategy game is currently the most popular blockchain game on Ethereum. Its pixel-based gameplay and fast-paced game cycles featuring heroes provide an amazing in-game experience for its players.</p>



<p>PS:<a href="https://nonfungible.com/news/game/my-crypto-heroes-artedit-colors-secrets" target="_blank" rel="noreferrer noopener"> this game has some secrets…</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="82" height="37" src="http://100.96.1.66:3001/app/uploads/2020/05/cryptospacecommander-logo.png" alt="" class="wp-image-1446"/></figure></div>



<p><a href="https://www.csc-game.com/" target="_blank" rel="noreferrer noopener"><strong>Crypto Space Commander</strong></a><strong> </strong>(CSC) is a sandbox space MMO that operates in a completely real-time, player-controlled economy. Players can travel to different star systems, mine stellar bodies for resources, craft items and ships to sell, battle pirates and other players while commanding their very own starship! CSC is the first blockchain-based space exploration game built in Unity3D. CSC utilizes the Ethereum blockchain to secure game assets, enforce P2P contract actions, and run the game economy.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="51" height="51" src="http://100.96.1.66:3001/app/uploads/2020/05/coingecko-logo.png" alt="" class="wp-image-1447"/></figure></div>



<p><a href="https://www.coingecko.com/" target="_blank" rel="noreferrer noopener"><strong>Coingecko</strong></a><strong> </strong>is the second largest crypto-assets ranking platform in the world. They provide a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.</p>



<p>They also publish the world-famous quarterly report about cryptocurrencies and blockchain space.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="50" height="49" src="http://100.96.1.66:3001/app/uploads/2020/05/neondistrict-logo.png" alt="" class="wp-image-1448"/></figure></div>



<p><a href="https://nonfungible.com/market-tracker/neondistrict" target="_blank" rel="noreferrer noopener"><strong>Neon District</strong></a><strong> </strong>is a hybrid role-playing and trading card game and wants to combine the best of card-based RPGs and online MMOs with asset ownership. The game sets in a cyberpunk dystopia and features 22 character types with different talents and weak spots.</p>



<p>The final boss of Neon District Level 1 has recently been sold for 141ETH !</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="53" height="50" src="http://100.96.1.66:3001/app/uploads/2020/05/marblecards-logo.png" alt="" class="wp-image-1449"/></figure></div>



<p>Convert any web URL to a unique collectible card with<a href="https://marble.cards/" target="_blank" rel="noreferrer noopener"> <strong>Marble Cards</strong></a>! The first 999 cards in the game are “Origins” cards. There will never be more edited origins cards. So take the opportunity to expand your collection of collector cards, according to your passions and URLs that will soon be worth gold …</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="112" height="44" src="http://100.96.1.66:3001/app/uploads/2020/05/megacryptopolis-logo.png" alt="" class="wp-image-1450"/></figure></div>



<p>A unique city builder game where users can produce an income from the in-game economy. Build up influence by strategically building based on neighbouring amenities and cash out when users purchase new or upgrade their land buildings.<a href="https://nonfungible.com/market-tracker/megacryptopolis" target="_blank" rel="noreferrer noopener"> MegaCryptoPolis</a> is an addictive builder/strategy game similar to SimCity where users own the landscape around them. Also explore further in 3D and on the MoonCryptoPolis where players build much of the same infrastructure but, on the MOON!</p>



<hr class="wp-block-separator"/>



<h2>The prize</h2>



<p>As a reminder, <strong>the winner of the contest will win all of the prizes listed below</strong>, more than 19 Ether worth in NFTs, a little more than $2,400.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="381" height="1024" src="http://100.96.1.66:3001/app/uploads/2020/05/contest-prizes-381x1024.jpeg" alt="" class="wp-image-1451" srcset="http://100.96.1.66:3001/app/uploads/2020/05/contest-prizes-381x1024.jpeg 381w, http://100.96.1.66:3001/app/uploads/2020/05/contest-prizes-112x300.jpeg 112w, http://100.96.1.66:3001/app/uploads/2020/05/contest-prizes-571x1536.jpeg 571w, http://100.96.1.66:3001/app/uploads/2020/05/contest-prizes.jpeg 595w" sizes="(max-width: 381px) 100vw, 381px" /></figure></div>



<p><a href="https://fr.surveymonkey.com/r/nonfungible"><strong></strong></a></p>


NonFungible.com organizes from April 29 to May 26 the first competition to imagine and design a mascot for the ecosystem of NFT

Let’s build an NFT mascot and… win 20 ETH!


<p>This article is part of the contest for the mascot NFT which started a month ago.</p>



<p>If you missed the beginning of the adventure, we invite you to read this article which details the mechanics of the contest:</p>



<p><a href="https://nonfungible.com/news/corporate/let-s-build-an-nft-mascot-and-win-20-eth" target="_blank" rel="noreferrer noopener"><strong>Let’s build the NFT mascot! And win 20 ETH… </strong><em>NonFungible.com organizes from April 29 to May 26 the first competition to imagine and design a mascot for the&#8230;</em></a></p>



<h2>Our goal</h2>



<p>Now that we are progressing to the 3rd and final NFT mascot voting phase, we thought it would be appropriate to explain to the community how we selected the top 5 eligible artwork based on the votes we received.</p>



<p>To accomplish this we should start off by reiterating our goals and purpose of the competition. The goal of the competition was to have the community submit a library of NFT mascots that anyone, anywhere, is free to use, modify and redistribute without restrictions as well as give the artist of the artwork that is most adored by the community a large prize for their support and dedication to the NFT community.</p>



<p>The vote was meant to be cast by genuine support of the favourite mascot and not because one submission offered more incentive to vote on their artwork, or because someone sent a spam email to their entire office asking them to vote on a specific mascot.</p>



<h2>Our methodology</h2>



<p>We have included a number of metrics that have influenced our decision, detailed below:</p>



<p><strong>Duplicate IP votes are split proportionally — if one IP voted 20 times, each vote is worth 0.05 vote.</strong></p>



<p>The art with the most duplicate votes had 96 duplicate IP votes, 84% of their total votes. Followed by 69 duplicates at 76%, followed by 42 at 60%.</p>



<p><strong>Votes from known proxy IPs are disqualified.</strong></p>



<p>We had over 200 votes from known proxy IPs, over 25% of the total votes cast.</p>



<p><strong>Votes which took less than the average time are weighted less to combat targetted voting.</strong></p>



<p>The most targeted mascot had over 50% of their voters take less than 30 seconds to decide, the average among valid votes is 3m 19s.</p>



<h2>Rules of the extended voting phase</h2>



<p>According to this strategy, the voting phase has been extended by one week, from 27 May to 02 June.</p>



<p>This extended voting phase will again submit to the public vote the 5 mascots who received the most valid votes (according to the criteria indicated above).</p>



<p>The same rules will be applied for the extended voting phase, to avoid spamming and duplicated votes.</p>



<p>One of the voters for the final winning mascot, during this extended voting phase, will be randomly picked to win a 2 000 MANA bonus reward.</p>



<h2>Conclusion</h2>



<p>Using a combination of these metrics it is easy to identify and disqualify submissions who regularly acted in bad faith, and it is also easy and apparent who the top 5 globally loved mascots are without question. Stay tuned for the big reveal of the final 5 contenders!</p>


NFT Mascot contest is extended by one week. Vote and get a chance to win 2 000 MANA.

20 ETH NFT mascot challenge: Voting validation


<h2>Who are you? How did you get introduced to NFTs?</h2>



<p>My name is Zach Burks and I have been in crypto since 2013. My first bitcoin buy was in 2012, but I didn’t really get serious until later. In 2016, I started developing on Ethereum as a smart contract developer and later that year I ended up hosting a hackathon for the Ethereum Development Community, which lead me to find about the ETH Waterloo hackathon. Long story short, that was where CryptoKitties was introduced and I got to play the beta of CryptoKitties as one of the first twenty or so people. It was really interesting to see how CryptoKitties was made and essentially became the foundation for the ERC-721 standard. That’s how I got into NFTs.</p>



<p>Since then all my projects have been related to Non Fungible Tokens and the ERC-721 standard specifically. Our current project <a href="https://mintable.app/" target="_blank" rel="noreferrer noopener">mintable</a> is I believe the most cutting edge form of NFT technology out there today.</p>



<h2>Can you explain what mintable is and why you started it?</h2>



<p>I started <a href="https://mintable.app/" target="_blank" rel="noreferrer noopener">Mintable</a> as a certification project to get certified by Consensys as an Ethereum Dapp Developer. I just wrote a ERC-721 generator, because it just needed to be a little dapp.</p>



<p>After that I thought, once users created a smart contract and minted the token, then they also need to manage this smart contract, so I made a smart contract manager for ERC-721s to interact with the contract, browse and mint new ones. After that simple generator and transfer functionality, I realized I stumbled upon something important. We needed this in the NFT ecosystem. So I took the idea ran with it and built <a href="https://mintable.app/" target="_blank" rel="noreferrer noopener">Mintable.app</a>.</p>



<p>Mintable now is a app that lets you very easily deploy a smart contract and mint an NFT with zero coding needed. Its simply a tool to let you create an NFT without exposing your private key, so it’s extremely safe. The beauty is that it lets you tokenize almost anything. You just upload the data you want to attach to an NFT, we host the files for you and within 5 minutes you can sell it as an NFT on a decentralized exchange.</p>



<p>On the other side, our manager is a tool to interact with any ERC-721 on the Ethereum blockchain. You can transfer, browse and interact with these smart contract directly from your browser with whatever wallet you wish. Even from your phone if you have a mobile wallet. It’s about the easiest way to transfer tokens. Within about 3 clicks you can transfer your NFTs safely and securely.</p>



<p>And then finally we are an exchange for NFTs. We are working on this right now, it’s still in beta, but the full launch is coming later this year.</p>



<h2>Why don’t you use any decentralized file storage such as IPFS, but rather store the files on your own servers?</h2>



<p>Currently the infrastructure is just not there. Decentralized file storage, whether it is IPFS or other forms of it. IPFS is good in some regards, but there is limitations to it. We regard ourselves more as a service provider for the ecosystem and we are not necessarily trying to be like a DAO. So for the sake of everything, our users, our costs, the speed, we are using centralized servers, which doesn’t mean that we are not open to being decentralized in the future, when the technology evolves and is more capable.</p>



<h2>What are users minting on mintable right now? And for which use cases?</h2>



<p>The beauty with mintable is that there is no main use case. We are trying to be as broad as possible, because it’s people that want to tokenize their content and that content could be anything from a real world item to digital photography.</p>



<p>Right now we are working with a company out of Denver to have real world items tokenized. When you buy that NFT with crypto, you then get the physical item mailed to your home. So let’s say you buy a tokenized certificate of a rare baseball card and afterwards you get that card mailed in the post.</p>



<p>Another one is art. We see a lot of artist tokenize their art, because we don’t take fees. All the other art focused platform have massive fees or some form of markups. We just want you to create things. So we only take a $2-$4 fee, one time and there is no conditions or strings attached. So we have seen a lot of artists coming over to mintable lately.</p>



<p>We also see business cards being made, the reason is that if you tokenize a business card, you can transfer that to other people’s wallet, where they have your contact info or any public info you want.</p>



<p>We have also seen real gold stored in a vault being tokenized using mintable.</p>



<p>We have seen many companies as well, we work with<a href="https://foam.space/" target="_blank" rel="noreferrer noopener"> Foam.Space</a> and they are using mintable to create badges. The creator of metamask used mintable to create badges. And the thing is, you know he could write his own smart contract, but because mintable is so easy, he used mintable.</p>



<p>As we get more user, I expect that there are people that will get so creative that we will have more use cases than we ever imagined.</p>



<h2>Do you focus only on consumers or do you also offer your service to businesses?</h2>



<p>We have an SDK, which allows every website to easily implement the mintable backend in JavaScript. We handle all the Web3 and Ethereum blockchain side for them. All they have to do is initialize the code, which is just 1–2 lines, and pass the user information via our SDK. So they don’t need to hire smart contract developers or understand how smart contracts are made. They can just plug in with our system. There is a free and paid version, if you are just using it like mintable it is free and if you are a company and you have millions of users, there is a subscription as well. So we offer services for both — consumers and businesses.</p>



<h2>Mintable is build around the ERC-721 standard, do you also plan to integrate other standards like ERC 1155 or even standards on other protocols like dGoods on EOS? Are you a ERC-721 maximalist?</h2>



<p>I don’t think I have heard of anyone being a ERC-721 maximalists. It’s interesting though. But no, I am most definitely not. I am a huge supporter of Ethereum, not really interested in EOS or Tron at all.</p>



<p>It seems like that people confuse non-fungible token and ERC-721, those are not the same. ERC-721 is just a specific way to create a non fungible token, it’s just like a $1 bill and a $20 bill, they are both currency, but they are not the same amount.</p>



<p>But we are not tied to the ERC-721 standard. If there is a way better standard coming out, we would probably move over as everyone else in the community would. I assume there is gonna be a lot of new standards coming out, and who knows, maybe by this time next year mintable has pushed out a new standard for 721s, because we have already created a batch mintable ERC-721, which is an interesting concept. It allows you to batch mint. I don’t think we are the first, but there is no standard form for it right now.</p>



<h2>Crypto art seems to have gotten a lot of exposure lately. How do you see the future of crypto art?</h2>



<p>I think, if it is presented properly, it could become really big. Right now its not, because once you buy the NFT there is nothing really to show for. So it’s still pretty young, but it has potential to be great.</p>



<p>If there would be something like an intermediary in the art world, that once you buy that NFT a print would be mailed to you or if you are in a physical location, the NFTs would be attached to the physical art, then it makes a lot of sense.</p>



<p>So if I am in an art gallery and I want to buy that print, it would make sense to me that it would come with a paper wallet with the NFT certificate attachted to it.This could become the standard for authenticity in the art world.</p>



<p>But currently just taking a photo of something, making an NFT out of it and calling it art is not gonna necessarily gonna take off. That’s why we are so broad at mintable, because I know that art is only one use case for NFTs.</p>



<h2>Do you think Gas is actually a hindrance for the mass adoption of dapps on Ethereum?</h2>



<p>The gas fee is not generally a problem for NFTs, it’s a slight problem for user adoption and usability, but it’s only temporary.</p>



<p>In the future, when state channels, plasma chains and sharding have been implemented fees are gonna be dramatically reduced and could easily be regarded negligible.</p>



<p>On the other side there are wallets that pay the fees for the users like dapper. But they are actually sacrificing ownership over the asset, unless it’s some kind of DAO. Because if there is a bug in the smart contract that is paying the gas for the user, it can end up in a problematic situation.</p>



<p>From my standpoint, I rather have control over my own assets and pay what I am willing to pay, instead of having a situation, where someone else or another decentralized system is controlling it. So I want autonomy without the need to sacrifice ownership.</p>



<p>Overall, I don’t think it will be a an issue. Vitalik also recently proposed to have a flat gas fee, to lower the fees and congestion on the network. So I think it’s just a temporary problem that we are dealing with and currently working through.</p>



<h2>How far away are we from a dapp reaching adoption outside of the small crypto bubble and getting somewhere close to mass adoption?</h2>



<p>I think within a year from now we will have a dapp that has hundreds of thousands of users a day. I don’t think we will have millions of users on any kind of dapp, but we will have at least one app, that has at least 100 k users a day. I am not sure that it is gonna be NFT related, even though I would like to see mintable as a growth driver for this ecosystem.</p>



<p>My hope for NFTs is that people, that don’t know about crypto will see an asset and want that asset like a song or something similar. And they need to start looking into crypto in order to get or use that asset. And that’s the growth of an ecosystem that we need. We don’t need an ecosystem that is very siloed, where only tokenized in-game items are popular, because then we only reach a certain subset of people.</p>



<h2>Are there any dapps that you are using yourself right now?</h2>



<p>I use cent, it’s pretty cool, it’s a social network. It’s not a scam and an interesting incentive system, both for content creators and content consumers. As a content consumer you can add a seed to a piece of content and 25% go directly to the content creator, but as the seed provider you receive a 75% share of the seed, if someone after you seeds the content. So everyone makes money overall and you can’t really lose money.</p>



<p>And of course, I also use Maker to create DAI with CDPs.</p>



<h2>Where do you see the crypto gaming space going?</h2>



<p>Its gonna stay around and be evolution of gaming with ownership of assets. If it’s gonna be big in 1 year or in 10 years from now, I don’t necessarily know. I think crypto in games will become the standard at some point, the same way that I think that phones will all be crypto enabled in the future. I can see all phones having a hardware wallet integrated, be able to run nodes and transact, just like any phone has Wifi or bluetooth today. When, we will see.</p>



<h2>Thanks Zach!</h2>



<p>Checkout <a href="https://mintable.app/" target="_blank" rel="noreferrer noopener">mintable.app</a> and <strong>create your own NFT now</strong>.</p>


How Zach got into NFTs, the mintable story, crypto art and much more!

NonFungible Heroes #1: Zach Burks from Mintable


<p>The contest to find a mascot for the NFT ecosystem was launched by NonFungible.com on April 29th.</p>



<p>The extended voting period ended yesterday, Sunday 06.02.2019 and the mascot of the NFT space was finally selected by the community.</p>



<p>Please warmly welcome <strong>NoAH, the adventurer!</strong></p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="344" height="418" src="http://100.96.1.66:3001/app/uploads/2020/05/nonfungible-mascot-noah.png" alt="" class="wp-image-1460" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nonfungible-mascot-noah.png 344w, http://100.96.1.66:3001/app/uploads/2020/05/nonfungible-mascot-noah-247x300.png 247w" sizes="(max-width: 344px) 100vw, 344px" /></figure></div>



<p>Congratulations to <strong>Marvin Mejias</strong>, NoAH’s designer for his incredible artwork! We‘ll reach you soon to send you the prize.</p>



<p>For reminder the complete list of prizes is available here:</p>



<p><a href="https://nonfungible.com/news/corporate/let-s-build-an-nft-mascot-and-win-20-eth" target="_blank" rel="noreferrer noopener">Let’s build the NFT mascot! And win 20 ETH…</a></p>



<p><a href="https://nonfungible.com/news/corporate/let-s-build-an-nft-mascot-and-win-20-eth" target="_blank" rel="noreferrer noopener">NonFungible.com organizes from April 29 to May 26 the first competition to imagine and design a mascot for the…medium.com</a></p>



<h2>The contest run</h2>



<ul><li>2 weeks of mascot proposals</li><li>2 weeks of voting</li><li>1 extended week of voting</li><li>62 mascots proposed during the first phase</li><li>20 ETH ($5,240 / 4,690 €) NFT and cryptocurrency reward accumulated for the designer of the winning mascot</li><li>2000 MANA ($120/100 €) for a random voter having selected the winning mascot</li></ul>



<h2>NoAH, the adventurer, and NFT Mascot</h2>



<p>Do you want to know more about NoAH? Here is his story:</p>



<p><em>NoAH is one of those characters that are born of divine inspiration, their existence is a mystery as well as their provenance. He says it comes from the past, at some point he was helping humans to evolve, one day he entered an unknown portal, closed his eyes and appeared in the current world, he does not know how or why, however he has the goal of venturing into this world to know about as we have evolved.</em></p>



<p><em></em><em>The final results</em></p>



<h2>The 2 000 MANA winner</h2>



<p>Exactly 89 voters supported NoAH’s candidacy, and thus had a chance to win the 2,000 MANA involved.</p>



<p>We used a random selection algorithm to choose the winner …</p>



<p><strong>Congratulations to </strong><strong><em>ch[…]88@gmail.com !</em></strong></p>



<p>We will contact you very soon to send 2,000 MANA.</p>



<h2>Thank you…</h2>



<p><strong><em>To the entire NFT community</em></strong></p>



<p>For having followed and supported the event, having shared the contest with all your communities. None of this would have been possible without you.</p>



<p><strong><em>To the dozens of artists</em></strong></p>



<p>Who came together, who produced unique and exclusive artwork for the contest! Your talent is probably one of the most valuable assets in the community.</p>



<p><strong><em>To all our partners</em></strong></p>



<p>Who supported the event from the beginning, shared the key moments of the contest with their communities, and helped build this breathtaking prize pool! Please have a look at these incredible projects:</p>



<ul><li><a href="https://nonfungible.com/market-tracker/axieinfinity" target="_blank" rel="noreferrer noopener">Axie Infinity</a></li><li><a href="https://nonfungible.com/market-tracker/blockcities" target="_blank" rel="noreferrer noopener">BlockCities</a></li><li><a href="https://nonfungible.com/market-tracker/chainbreakers" target="_blank" rel="noreferrer noopener">ChainBreakers</a></li><li><a href="https://www.coingecko.com" target="_blank" rel="noreferrer noopener">CoinGecko</a></li><li><a href="https://nonfungible.com/market-tracker/cryptokitties" target="_blank" rel="noreferrer noopener">CryptoKitties</a></li><li><a href="https://cryptokaiju.io/" target="_blank" rel="noreferrer noopener">CryptoKaiju</a></li><li><a href="https://www.csc-game.com/" target="_blank" rel="noreferrer noopener">Crypto Space Commander</a></li><li><a href="https://marble.cards/" target="_blank" rel="noreferrer noopener">Marble Cards</a></li><li><a href="https://nonfungible.com/market-tracker/megacryptopolis" target="_blank" rel="noreferrer noopener">MegaCryptoPolis 3D</a></li><li><a href="https://nonfungible.com/market-tracker/mlbchampions" target="_blank" rel="noreferrer noopener">MLB Champions</a></li><li><a href="https://nonfungible.com/market-tracker/mycryptoheroes" target="_blank" rel="noreferrer noopener">My Crypto Heroes</a></li><li><a href="https://nonfungible.com/market-tracker/neondistrict" target="_blank" rel="noreferrer noopener">Neon District</a></li></ul>



<p>Thanks to you all, this contest has become exactly what we wanted it to be:</p>



<p>An event organized BY the NFT community FOR the NFT community</p>



<h2>What’s next?</h2>



<p>This mascot has been created and shared under Creative Commons. Everyone is now free to use, modify, and distribute NoAH artwork, publications, mail, leaflet…</p>



<p>NonFungible.com DOESN’T own the mascot! The NFT community owns it!</p>



<p>Feel free to use it as you want, because now, NoAH is yours! 🙂</p>


The mascot of non fungible tokens has been created and selected by the community! Congratulations to NoAH and his designer!

We have a winner AND an NFT mascot!!!


<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 cryptoart 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 Play to Earn (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 generalisation. 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 realised 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 how to use a wallet?</p>



<h2>Conclusion</h2>



<p>As we progress through our series of interviews from 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>


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 an 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 a NFT art project here.&nbsp;</p>



<p><strong>Besancia</strong>: how did you discover NFTs?</p>



<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 the environmental impact of ‘proof of work’ blockchains.&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 are 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 for NFT Mass adoption?</h2>



<p><strong>Paul</strong>: Right now, I think it’s the onboarding. There’s 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>: Garden, Monoliths by Zancan 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>



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



<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’s 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>



<p>Conclusion:</p>



<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 which will continue to expand for decades to come?</p>


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. 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>


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! </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>


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>


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 NFT good practice guide 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>


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>



<p></p>



<figure class="wp-block-video aligncenter"><video controls poster="" src="http://100.96.1.66:3001/app/uploads/2022/05/NonFungible-Market-Trends-Presentation_compressed.mp4"></video></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>


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>



<div class="wp-block-buttons is-content-justification-center">
<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>
</div>



<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>



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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>



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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>


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>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>


We have updated our website, have you tried all the new features?

Welcome to the new NonFungible.com!


<p>For the second time, we had the opportunity to assess the total value of the portfolio built by the MetaPurse Fund, carried by MetaKovan &amp; Twobadour.</p>



<p>This new portfolio valuation comes at a pivotal moment in the history of the Fund, a few days after the official announcement of the acquisition of the most expensive NFT of all time by the MetaPurse Fund:</p>



<p><a href="https://onlineonly.christies.com/s/beeple-first-5000-days/beeple-b-1981-1/112924" target="_blank" rel="noreferrer noopener">&#8220;Everydays: The First 5000 Days&#8221; by Beeple, bought by the fund for the sum of $ 69M.</a></p>



<p>The purchase of this artwork occured during the process of valuation the portfolio, we have decided to take in account this historic purchase, considering its last auction price (fees included): $69,346,250. </p>



<h2>What is new in this second Valuation?</h2>



<p><strong><span style="text-decoration: underline;">1- Fungible assets included</span></strong></p>



<p>Unlike the first Portfolio Valuation, we took into account the total value of all the cryptocurrencies present in the different Wallets of the fund, based on the value of each cryptocurrency (source: <a rel="noreferrer noopener" href="https://www.coingecko.com/" target="_blank">CoinGecko.com</a>).</p>



<p><strong><span style="text-decoration: underline;">2- B20 holdings included</span></strong></p>



<p>The MetaPurse Fund holds, on the day of Valuation, approximately 5,000,000 B20 Tokens, issued by the Fund, the value of which is partially backed by the assets of the Fund. <a href="https://www.coingecko.com/fr/pi%C3%A8ces/b20" target="_blank" rel="noreferrer noopener">The value of B20</a> at the time of the Valuation process, led this token to represent a major part of the portfolio value.</p>



<p><strong><span style="text-decoration: underline;">3- Nifty Gateway collection included</span></strong></p>



<p>The collection of artwork purchased on Nifty Gateway by the two MetaPurse Fund accounts has also been included. The value taken into account for these assets comes from the &#8220;Average Price&#8221; displayed by Nifty Gateway for each Artwork Series.</p>



<p><strong><span style="text-decoration: underline;">4- Methodology refined</span></strong></p>



<p>For all assets, improvements have been made to our valuation methodologies to better reflect the current value of the NFTs.</p>



<p>These include adjustment of the timespan studied, or adjustment of the surrounding area analyzed (for metaverses), cross-marketplaces analysis for artist ratings, etc. These adjustments allow us to propose increasingly precise evaluations and are most often the result of observations by our market analysts.</p>



<h2>MetaPurse Portfolio Performance</h2>



<p>The Valuation Process of the Portfolio led to a total value of $ 189,293,626.</p>



<p>This exceptional performance is mainly based on</p>



<ul><li>the holdings in B20 ($ 72M / 40%) </li><li>the NFT portfolio ($ 46M / 26%)</li><li>&#8216;Everydays: The 5000 First Days&#8217; by Beeple ($ 69M / 33%)</li></ul>



<p>Cryptocurrencies (MANA / ETH / SAND / …) represent barely 1% of the fund&#8217;s assets.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="757" height="638" src="http://100.96.1.66:3001/app/uploads/2021/03/image-5.png" alt="" class="wp-image-3775" srcset="http://100.96.1.66:3001/app/uploads/2021/03/image-5.png 757w, http://100.96.1.66:3001/app/uploads/2021/03/image-5-300x253.png 300w" sizes="(max-width: 757px) 100vw, 757px" /></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/03/image.png" alt="" class="wp-image-3702" width="580" height="547" srcset="http://100.96.1.66:3001/app/uploads/2021/03/image.png 771w, http://100.96.1.66:3001/app/uploads/2021/03/image-300x283.png 300w, http://100.96.1.66:3001/app/uploads/2021/03/image-768x725.png 768w" sizes="(max-width: 580px) 100vw, 580px" /><figcaption><em>MetaPurse Fund &#8211; NFT Portfolio Value Distribution (Q1 2021)</em></figcaption></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/03/image-2.png" alt="" class="wp-image-3704" width="580" height="511" srcset="http://100.96.1.66:3001/app/uploads/2021/03/image-2.png 733w, http://100.96.1.66:3001/app/uploads/2021/03/image-2-300x265.png 300w" sizes="(max-width: 580px) 100vw, 580px" /><figcaption><em>MetaPurse Fund &#8211; Crypto-currencies Value Distribution (Q1 2021)</em></figcaption></figure></div>



<figure class="wp-block-table aligncenter"><table><thead><tr><th><strong>Project</strong></th><th class="has-text-align-center" data-align="center"><strong>Volume of assets</strong></th><th class="has-text-align-right" data-align="right"><strong>Total value</strong></th></tr></thead><tbody><tr><td>The Sandbox</td><td class="has-text-align-center" data-align="center">1 545</td><td class="has-text-align-right" data-align="right">&nbsp;$281 456.73</td></tr><tr><td>CryptoVoxels | Parcels</td><td class="has-text-align-center" data-align="center">153</td><td class="has-text-align-right" data-align="right">&nbsp;$1 571 672.05</td></tr><tr><td>CryptoVoxels | Name</td><td class="has-text-align-center" data-align="center">1</td><td class="has-text-align-right" data-align="right">&nbsp;$35.64</td></tr><tr><td>Decentraland | LAND</td><td class="has-text-align-center" data-align="center">939</td><td class="has-text-align-right" data-align="right">&nbsp;$18 619 137.60</td></tr><tr><td>Decentraland | ESTATE</td><td class="has-text-align-center" data-align="center">23</td><td class="has-text-align-right" data-align="right">&nbsp;$20 852 367.90</td></tr><tr><td>Decentraland | Name</td><td class="has-text-align-center" data-align="center">3</td><td class="has-text-align-right" data-align="right">&nbsp;$210.00</td></tr><tr><td>Decentraland | Wearables</td><td class="has-text-align-center" data-align="center">1</td><td class="has-text-align-right" data-align="right">&nbsp;$472.50</td></tr><tr><td>Somnium Space</td><td class="has-text-align-center" data-align="center">170</td><td class="has-text-align-right" data-align="right">&nbsp;$1 350 723.31</td></tr><tr><td>F1 Delta Time</td><td class="has-text-align-center" data-align="center">51</td><td class="has-text-align-right" data-align="right">&nbsp;$1 297 563.98</td></tr><tr><td>Cryptokitties</td><td class="has-text-align-center" data-align="center">3</td><td class="has-text-align-right" data-align="right">&nbsp;$412.79</td></tr><tr><td>Rarible</td><td class="has-text-align-center" data-align="center">4</td><td class="has-text-align-right" data-align="right">&nbsp;$11 404.80</td></tr><tr><td>SuperRare</td><td class="has-text-align-center" data-align="center">65</td><td class="has-text-align-right" data-align="right">&nbsp;$251 278.55</td></tr><tr><td>AsyncArt</td><td class="has-text-align-center" data-align="center">29</td><td class="has-text-align-right" data-align="right">&nbsp;$439 395.79</td></tr><tr><td>MakersPlace</td><td class="has-text-align-center" data-align="center">22</td><td class="has-text-align-right" data-align="right">&nbsp;$32 501.34</td></tr><tr><td>CryptoPunks</td><td class="has-text-align-center" data-align="center">4</td><td class="has-text-align-right" data-align="right">&nbsp;$188 000.00</td></tr><tr><td>KnownOrigin</td><td class="has-text-align-center" data-align="center">10</td><td class="has-text-align-right" data-align="right">&nbsp;$23 005.62</td></tr><tr><td>Nifty Gateway</td><td class="has-text-align-center" data-align="center">149</td><td class="has-text-align-right" data-align="right">&nbsp;$1 652 115.00</td></tr><tr><td>Ethereum Name Service</td><td class="has-text-align-center" data-align="center">8</td><td class="has-text-align-right" data-align="right">&nbsp;$1 425.60</td></tr><tr><td>Others</td><td class="has-text-align-center" data-align="center">35</td><td class="has-text-align-right" data-align="right">&nbsp;$60 766.00</td></tr><tr><td><strong>TOTAL</strong></td><td class="has-text-align-center" data-align="center"><strong>3 215</strong></td><td class="has-text-align-right" data-align="right"><strong>&nbsp;$46 633 945.22</strong></td></tr></tbody></table></figure>



<h2>Exclusive &amp; Unique assets</h2>



<p>One of the main challenges of this Valuation resided in the valuation of rare, unique, exclusive assets, practically incomparable with other similar assets.</p>



<p>Added to this challenge is an additional complexity linked to the massive increase in the value of cryptocurrencies since the <a href="https://nonfungible.com/blog/biggest-nft-porfolio-valuation" target="_blank" rel="noreferrer noopener">previous Portfolio Valuation (November 2020)</a></p>



<p>In order to best estimate these assets, we have decided to take into account:</p>



<ul><li>the market history of the closest assets, making it possible to project the potential evolution of these exceptional assets</li><li>an in-between of the evolution of the crypto value and the USD value, starting from the hypothesis (verified empirically on the NFT markets) that the price of an asset is more and more decorrelated from the cryptocurrency , without being totally independent yet</li></ul>



<p>Among these outstanding assets, we notably count:</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/03/f1-delta-time-track-1.png" alt="" class="wp-image-3761" width="580" height="580" srcset="http://100.96.1.66:3001/app/uploads/2021/03/f1-delta-time-track-1.png 800w, http://100.96.1.66:3001/app/uploads/2021/03/f1-delta-time-track-1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2021/03/f1-delta-time-track-1-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2021/03/f1-delta-time-track-1-768x768.png 768w" sizes="(max-width: 580px) 100vw, 580px" /><figcaption><em>F1 Delta Time &#8211; Grand Prix de Monaco 2020 &#8211; 1A (Purchased at Ξ 1,694)</em></figcaption></figure></div>



<p class="has-text-align-center"><a href="https://opensea.io/assets/0x2af75676692817d85121353f0d6e8e9ae6ad5576/57906645701046769624701038793205201920385629599121490370346791920872332460032" target="_blank" rel="noreferrer noopener">Access the asset on OpenSea →</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/03/f1-deltatime-1-1-1.png" alt="Metakovan revealed as owner of F1 Delta Time's “1-1-1”" class="wp-image-3762" width="580" height="326" srcset="http://100.96.1.66:3001/app/uploads/2021/03/f1-deltatime-1-1-1.png 800w, http://100.96.1.66:3001/app/uploads/2021/03/f1-deltatime-1-1-1-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2021/03/f1-deltatime-1-1-1-768x432.png 768w" sizes="(max-width: 580px) 100vw, 580px" /><figcaption><em>F1 Delta Time &#8211; 1-1-1 (Purchased at Ξ 414.92)</em></figcaption></figure></div>



<p class="has-text-align-center"><a href="https://opensea.io/assets/0x2af75676692817d85121353f0d6e8e9ae6ad5576/57897811519642769433138067471762254623735906850517137802921006713614358282351" target="_blank" rel="noreferrer noopener">Access the asset on OpenSea →</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/03/async-first-supper.jpg" alt="First Supper" class="wp-image-3763" width="580" height="290" srcset="http://100.96.1.66:3001/app/uploads/2021/03/async-first-supper.jpg 800w, http://100.96.1.66:3001/app/uploads/2021/03/async-first-supper-300x150.jpg 300w, http://100.96.1.66:3001/app/uploads/2021/03/async-first-supper-768x384.jpg 768w" sizes="(max-width: 580px) 100vw, 580px" /><figcaption><em>First Supper &#8211; Collective Artwork by Shortcut, Josie, Sparrow, mlibty, Vans Design, Alotta Money, Twisted Vacancy, Coldie, Hackatao, XCOPY, Matt Kane, Rutger van der Tas, DIGITAL<br>(Purchased at Ξ 103.4)</em></figcaption></figure></div>



<p class="has-text-align-center"><a href="https://async.art/art/master/0x6c424c25e9f1fff9642cb5b7750b0db7312c29ad-0" target="_blank" rel="noreferrer noopener">Access the asset on Async.art →</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="645" height="648" src="http://100.96.1.66:3001/app/uploads/2021/03/image-4.png" alt="" class="wp-image-3772" srcset="http://100.96.1.66:3001/app/uploads/2021/03/image-4.png 645w, http://100.96.1.66:3001/app/uploads/2021/03/image-4-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2021/03/image-4-150x150.png 150w" sizes="(max-width: 645px) 100vw, 645px" /><figcaption><br>Beeple &#8216;EVERYDAYS: THE FIRST 5000 DAYS&#8217; &#8211; Sold on 03.11.2021 for $69,346,250.</figcaption></figure></div>



<p class="has-text-align-center"><a href="https://onlineonly.christies.com/s/beeple-first-5000-days/lots/2020" target="_blank" rel="noreferrer noopener">Access the asset on Christies →</a></p>



<h2>Conclusion</h2>



<p>The next MetaPurse fund Portfolio Assessment will be conducted between May and June 2021.</p>



<p>Until then, our teams of market analysts remain at your disposal to answer any questions concerning the portfolio valuation.</p>



<p>If you wish to have your portfolio evaluated, please reach out <a href="https://nonfungible.com/services/collectors" target="_blank" rel="noreferrer noopener">via our dedicated form</a>.</p>


NonFungible.com has valuated the portfolio of the MetaPurse Fund, founded by MetaKovan: the buyers of the $69M Beeple artwork.

MetaPurse Fund – Portfolio Valuation


<p>Okay&#8230; so everyone publishes reports, even us and this is not our first one! But this time it&#8217;s a little different..</p>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2020/en/yearly-nft-market-report-free" target="_blank" rel="noreferrer noopener">Get your copy of the NFT Yearly Report</a></div>
</div>



<p>It&#8217;s likely you may have already heard about the 2018 and 2019 editions of our NFT Yearly Report. They were cool, that&#8217;s true, but we knew we could do better. Before we started work on the 2020 edition, we took time to reread our previous editions and something jumped out: if you didn&#8217;t know what an NFT was then it was too bad for you..!</p>



<p>So this year, we have taken steps to make the report as accessible as possible to the general public, providing explanations for each trend and each chart and not only focusing on the quantitative analysis of the markets but also on the people who make up this vibrant ecosystem!</p>



<blockquote class="wp-block-quote"><p><strong><em>Whether you are an NFT expert or hearing about them for the first time, the NFT Yearly Report is for you!</em></strong></p></blockquote>



<p>We were able to compare our market analyses with feedback from experts in the NFT space, notably NFT collectors, successful project Founders, CEOs, and renowned Artists, these include:</p>



<ul><li>John Egan &#8211; CEO &#8211; <a href="https://atelier.net/" target="_blank" rel="noreferrer noopener">L&#8217;Atelier BNP Paribas</a></li><li>Robbie Ferguson &#8211; CEO &#8211; <a href="https://www.immutable.com/" target="_blank" rel="noreferrer noopener">Immutable</a></li><li>Robbie Yung &#8211; CEO &#8211; <a href="https://www.animocabrands.com/" target="_blank" rel="noreferrer noopener">Animoca Brands</a></li><li>Ben Nolan &#8211; Founder &#8211; <a href="https://www.cryptovoxels.com/" target="_blank" rel="noreferrer noopener">Cryptovoxels</a></li><li>Jeffrey Zirlin &#8211; Growth Lead &#8211; <a href="https://axieinfinity.com/" target="_blank" rel="noreferrer noopener">Axie Infinity</a></li><li>Jose Delbo &#8211; <a href="https://josedelbo.org/" target="_blank" rel="noreferrer noopener">Famous Comic Artist / Crypto-artist</a></li><li>Rudem00se &#8211; CryptoKitties &amp; $WHALE Community lead</li></ul>



<p>The report wouldn&#8217;t have been the same without their valuable insights!</p>



<p>This year, you have the choice between two versions of the NFT Yearly Report:</p>



<ul><li><a href="https://nonfungible.com/nft-report-2020-free" target="_blank" rel="noreferrer noopener">Free Digital Edition</a></li><li><a href="https://nonfungible.com/nft-report-2020-pro" target="_blank" rel="noreferrer noopener">Physical Professional Edition</a></li></ul>



<p>We&#8217;ve put a lot of work and passion into this report to make it the most comprehensive Non-Fungible Token research to date and hope it sheds new light on this booming industry!</p>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2020/en/yearly-nft-market-report-free" target="_blank" rel="noreferrer noopener">Get your copy of the NFT Yearly Report</a></div>
</div>



<h2>What will you find in the NFT Yearly Report 2020?</h2>



<h3><strong>1 &#8211; Key takeaways</strong> <em>(Pro Edition only)</em></h3>



<p>Don&#8217;t have time to read the full 140 page report in detail? That&#8217;s too bad! But don&#8217;t worry, for readers of the Professional Edition, we&#8217;ve prepared a summary of the 10 sections of the report to remember, in just 2 pages!</p>



<p>No need to thank us, its our pleasure..</p>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2020/en/yearly-nft-market-report-pro" target="_blank" rel="noreferrer noopener">Get the Pro edition</a></div>
</div>



<h3><strong>2 &#8211; What happened in 2020?</strong></h3>



<div class="wp-block-media-text alignwide is-stacked-on-mobile" style="grid-template-columns:31% auto"><figure class="wp-block-media-text__media"><img loading="lazy" width="724" height="1024" src="http://100.96.1.66:3001/app/uploads/2021/02/Diapositive21-724x1024.png" alt="" class="wp-image-3385 size-full" srcset="http://100.96.1.66:3001/app/uploads/2021/02/Diapositive21-724x1024.png 724w, http://100.96.1.66:3001/app/uploads/2021/02/Diapositive21-212x300.png 212w, http://100.96.1.66:3001/app/uploads/2021/02/Diapositive21-768x1086.png 768w, http://100.96.1.66:3001/app/uploads/2021/02/Diapositive21.png 794w" sizes="(max-width: 724px) 100vw, 724px" /></figure><div class="wp-block-media-text__content">
<p>2020 has been an extremely busy year for the NFT industry and it can be pretty complicated to follow everything. So we invite you to find all the highlights of 2020, game releases, announcements, fundraising, presales and much more.</p>
</div></div>



<h3><strong>3 &#8211; Global metrics</strong></h3>



<p>Before getting to the very heart of the matter, this section presents the global indicators on the performance of the NFT industry: including, Market Capitalization, total number of active wallets, volume of active Smart Contracts and more.</p>



<p>Below is a great forerunner before going into more detailed metrics:</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/02/image-1.png" alt="" class="wp-image-3373" width="446" height="244" srcset="http://100.96.1.66:3001/app/uploads/2021/02/image-1.png 554w, http://100.96.1.66:3001/app/uploads/2021/02/image-1-300x164.png 300w" sizes="(max-width: 446px) 100vw, 446px" /><figcaption>NFT Market Capitalization (2018 to 2020)</figcaption></figure></div>



<h3><strong>4 &#8211; NFT vs Crypto Markets</strong></h3>



<p>How do the NFT Markets move in relation to the price of Gas, or when the value of Ether increases?</p>



<p>How has the Market Capitalization of NFTs evolved over time compared to that of Cryptocurrencies?</p>



<figure class="wp-block-image size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/02/image-7.png" alt="" class="wp-image-3386" width="580" height="339" srcset="http://100.96.1.66:3001/app/uploads/2021/02/image-7.png 721w, http://100.96.1.66:3001/app/uploads/2021/02/image-7-300x176.png 300w" sizes="(max-width: 580px) 100vw, 580px" /></figure>



<h3><strong>5 &#8211; Market activity</strong></h3>



<p>This section gives a detailed analyses of the performance of the NFT Markets, the distribution of activity between the different segments (Gaming, Collectibles, Metaverses, Art…) as well as the liquidity of the markets and the distribution between primary and secondary markets by segment.</p>



<p>This section also analyses indicators such as the Cryptocurrencies that are most used to buy NFTs and the growth of the number of high value sales. (&gt; $ 1,000)</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/02/image-8.png" alt="" class="wp-image-3387" width="353" height="339" srcset="http://100.96.1.66:3001/app/uploads/2021/02/image-8.png 458w, http://100.96.1.66:3001/app/uploads/2021/02/image-8-300x288.png 300w" sizes="(max-width: 353px) 100vw, 353px" /></figure></div>



<h3><strong>6 &#8211; Sales &amp; trends</strong> <em>(Pro Edition only)</em></h3>



<div class="wp-block-media-text alignwide is-stacked-on-mobile" style="grid-template-columns:37% auto"><figure class="wp-block-media-text__media"><img loading="lazy" width="724" height="1024" src="http://100.96.1.66:3001/app/uploads/2021/02/Diapositive73-724x1024.png" alt="" class="wp-image-3388 size-full" srcset="http://100.96.1.66:3001/app/uploads/2021/02/Diapositive73-724x1024.png 724w, http://100.96.1.66:3001/app/uploads/2021/02/Diapositive73-212x300.png 212w, http://100.96.1.66:3001/app/uploads/2021/02/Diapositive73-768x1086.png 768w, http://100.96.1.66:3001/app/uploads/2021/02/Diapositive73.png 794w" sizes="(max-width: 724px) 100vw, 724px" /></figure><div class="wp-block-media-text__content">
<p>This 6th section aims to provide all the explanations necessary to understand market trends, this time focusing on assets and sales.</p>



<p>In this section, you will find the highest sales by segment and by year, as well as the assets with the highest liquidity and the evolution of their price over time.</p>
</div></div>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2020/en/yearly-nft-market-report-pro" target="_blank" rel="noreferrer noopener">Get the Pro edition</a></div>
</div>



<h3><strong>7 &#8211; Making a profit with NFTS</strong> <em>(Pro Edition only)</em></h3>



<p>Are you a trader? An investor? Planning to launch an NFT project soon? Then this section is for you!</p>



<p>In this section, you will find all the keys to understanding how the various stakeholders in the industry manage to generate profits through NFTs.</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/02/image-9.png" alt="" class="wp-image-3389" width="461" height="87" srcset="http://100.96.1.66:3001/app/uploads/2021/02/image-9.png 461w, http://100.96.1.66:3001/app/uploads/2021/02/image-9-300x57.png 300w" sizes="(max-width: 461px) 100vw, 461px" /><figcaption>The most profitable NFT sale of 2020.</figcaption></figure></div>



<h3><strong>8 &#8211; Are NFTS becoming mainstream?</strong></h3>



<p>How many new wallets interact with NFTs? Did the 2018 users return to the NFT industry in 2020?</p>



<p>What brands and licenses are entering the NFT industry? What communities will they potentially join within the NFT ecosystem?</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/02/image-10.png" alt="" class="wp-image-3390" width="580" height="329" srcset="http://100.96.1.66:3001/app/uploads/2021/02/image-10.png 761w, http://100.96.1.66:3001/app/uploads/2021/02/image-10-300x170.png 300w" sizes="(max-width: 580px) 100vw, 580px" /><figcaption>Breakdown of active Wallets according to their activity between 2018 and 2020.</figcaption></figure></div>



<h3><strong>9 &#8211; Community behaviours</strong></h3>



<p>Markets and economics are only a small part of the NFT equation..</p>



<p>In this exclusive section, we approach the NFT ecosystem from the perspective of the communities and users that make it up. This section was made possible thanks to the invaluable support of L&#8217;Atelier BNP Paribas, and to the invaluable information shared by industry experts: Rudem00se, Robbie Ferguson (Immutable CEO), or Jihoz (Axie Infinity Growth Lead)</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2021/02/image.png" alt="" class="wp-image-3372" width="481" height="481" srcset="http://100.96.1.66:3001/app/uploads/2021/02/image.png 667w, http://100.96.1.66:3001/app/uploads/2021/02/image-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2021/02/image-150x150.png 150w" sizes="(max-width: 481px) 100vw, 481px" /><figcaption>Intersections between major NFT communities during 2020</figcaption></figure></div>



<h3><strong>10 &#8211; 2021 predictions</strong> <em>(Pro Edition only)</em></h3>



<p>To go even further, here we have gathered together the ten predictions from our experts on the events to expect from the industry in 2021 and which trends to follow closely.</p>



<p>Do you want to approach the 2021 NFT industry with all the required keys? If so come take a look at this section!</p>



<h3><strong>11 &#8211; Report conclusions</strong></h3>



<p>What have we learned from this research work? What position currently is the ecosystem in and what were the major observable trends during 2020?</p>



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<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2020/en/yearly-nft-market-report-pro" target="_blank" rel="noreferrer noopener">Get the Pro edition</a></div>
</div>


In collaboration with L'Atelier BNP Paribas, we introduce the 2020 edition of the NFT Yearly Report: the most comprehensive report about the on-chain Ethereum non-fungible token ecosystem in 2020.

The NFT Yearly Report 2020 is live!


<p>On the 31st of October, NonFungible.com will host the first ever <em>Valuation Party</em>. </p>



<p>During this Premier Event, we will estimate the value of your NFTs for free, as part of our hour long live session.</p>



<h2>The concept</h2>



<p><em>Valuation Party</em> is a live event organized by the NonFungible.com team where we bring together the NFT community and evaluate their NFTs in real time.</p>



<p>Each pre-registered user will have the opportunity to request the individual assessment of an NFT from their portfolio whose value they want to know.</p>



<p>In a one hour long epic live session, our team will assess NFTs from among the registered users,  seeing how many we can achieve within the hour! </p>



<p>The estimate will be completed during the live session and based on market history and our exclusive NFT assessment methodologies.</p>



<p>Be sure to pre register and tune in!</p>



<figure class="wp-block-image size-large"><img loading="lazy" width="1000" height="750" src="http://100.96.1.66:3001/app/uploads/2020/10/photo-1504639725590-34d0984388bd.jpeg" alt="closeup photo of eyeglasses" class="wp-image-2866" srcset="http://100.96.1.66:3001/app/uploads/2020/10/photo-1504639725590-34d0984388bd.jpeg 1000w, http://100.96.1.66:3001/app/uploads/2020/10/photo-1504639725590-34d0984388bd-300x225.jpeg 300w, http://100.96.1.66:3001/app/uploads/2020/10/photo-1504639725590-34d0984388bd-768x576.jpeg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></figure>



<p><strong><span style="text-decoration: underline;">Please note that:</span></strong></p>



<ul><li>We will not assess complete portfolios.</li><li>We cannot guarantee that all of the proposed NFTs will be evaluated, depending on the volume.</li><li>The estimates made during the <em>Valuation Party</em> are only an estimate valid at this exact moment, on the basis of previous sales of comparable assets.</li><li>NonFungible.com will not be held responsible in any way for an imprecise or incorrect estimate.</li><li>The estimates given can in no way be considered as financial advice.</li><li>The list of projects that we will be able to evaluate will be shared with pre-registered people, approximately one week before the event.</li><li></li></ul>



<h2>How to attend?</h2>



<p>To be part of our <em>Valuation Party</em>, you just need to pre-register at the address given below. We will send you the link a few days before the event.</p>



<div class="wp-block-media-text alignwide is-stacked-on-mobile is-vertically-aligned-center" style="grid-template-columns:15% auto"><figure class="wp-block-media-text__media"><a href="https://mailer.nonfungible.com/subscription/FjRQS6FZO"><img loading="lazy" width="756" height="756" src="http://100.96.1.66:3001/app/uploads/2020/09/Diapositive1.png" alt="" class="wp-image-2740 size-full" srcset="http://100.96.1.66:3001/app/uploads/2020/09/Diapositive1.png 756w, http://100.96.1.66:3001/app/uploads/2020/09/Diapositive1-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2020/09/Diapositive1-150x150.png 150w" sizes="(max-width: 756px) 100vw, 756px" /></a></figure><div class="wp-block-media-text__content">
<p class="has-normal-font-size">Pre-register to the event</p>
</div></div>



<div class="wp-block-media-text alignwide is-stacked-on-mobile is-vertically-aligned-center" style="grid-template-columns:15% auto"><figure class="wp-block-media-text__media"><img loading="lazy" width="756" height="756" src="http://100.96.1.66:3001/app/uploads/2020/09/Diapositive2.png" alt="" class="wp-image-2741 size-full" srcset="http://100.96.1.66:3001/app/uploads/2020/09/Diapositive2.png 756w, http://100.96.1.66:3001/app/uploads/2020/09/Diapositive2-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2020/09/Diapositive2-150x150.png 150w" sizes="(max-width: 756px) 100vw, 756px" /></figure><div class="wp-block-media-text__content">
<p class="has-normal-font-size">Identify in your wallet the NFT  you want valued</p>
</div></div>



<div class="wp-block-media-text alignwide is-stacked-on-mobile is-vertically-aligned-center" style="grid-template-columns:15% auto"><figure class="wp-block-media-text__media"><img loading="lazy" width="756" height="756" src="http://100.96.1.66:3001/app/uploads/2020/09/Diapositive3.png" alt="" class="wp-image-2742 size-full" srcset="http://100.96.1.66:3001/app/uploads/2020/09/Diapositive3.png 756w, http://100.96.1.66:3001/app/uploads/2020/09/Diapositive3-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2020/09/Diapositive3-150x150.png 150w" sizes="(max-width: 756px) 100vw, 756px" /></figure><div class="wp-block-media-text__content">
<p class="has-normal-font-size">On Saturday October 31st login to the URL we will send (be sure to check your mail)</p>
</div></div>



<div class="wp-block-media-text alignwide is-stacked-on-mobile is-vertically-aligned-center" style="grid-template-columns:15% auto"><figure class="wp-block-media-text__media"><img loading="lazy" width="756" height="756" src="http://100.96.1.66:3001/app/uploads/2020/09/Diapositive4.png" alt="" class="wp-image-2743 size-full" srcset="http://100.96.1.66:3001/app/uploads/2020/09/Diapositive4.png 756w, http://100.96.1.66:3001/app/uploads/2020/09/Diapositive4-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2020/09/Diapositive4-150x150.png 150w" sizes="(max-width: 756px) 100vw, 756px" /></figure><div class="wp-block-media-text__content">
<p class="has-normal-font-size">Send us the link to your NFT during the live session, and let the magic happen 😉</p>
</div></div>



<h2>Why are we organizing this event?</h2>



<p>Wow that sounds cool… but why exactly is NonFungible.com having these kinds of events?</p>



<p>There are several reasons for this.</p>



<p>The first is we listened to your expectations during recent discussions with the community. We have always been keen to bring more transparency to the ecosystem and to the NFTs markets, we believe that helping you estimate the value of your assets contributes to bringing this transparency.</p>



<p>Our team has been working for several months on the development of machine learning algorithms to automatically predict the value of an NFT which is formulated on the basis of previous sales of comparable assets. Today this technology is almost complete, but we still need your feedback to make sure the results are good.</p>



<p>This session will also be an opportunity for us to discuss with you and to further improve our methodologies and algorithms for estimating NFTs.</p>



<p>We look forward to seeing you at our first <em>Valuation Party</em>!</p>



<p>If you have any questions until then, <a href="https://discord.gg/nonfungible" target="_blank" rel="noreferrer noopener">come chat with us on our Discord</a>.</p>



<h2>A big &#8216;Thank You&#8217; to our sponsors!</h2>



<p>None of this would have been possible without the support of our sponsors. Many thanks for supporting us in our projects and helping us move the ecosystem forwards and towards greater transparency.</p>



<p>If you don&#8217;t know some of them yet, we recommend you to take a look at these projects and to follow them on the networks.</p>



<p><strong>We would like to warmly thank our friends &amp; partners:</strong></p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://sorare.com/"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2020/10/logo-Sorare.png" alt="" class="wp-image-2878" width="260" height="40" srcset="http://100.96.1.66:3001/app/uploads/2020/10/logo-Sorare.png 954w, http://100.96.1.66:3001/app/uploads/2020/10/logo-Sorare-300x47.png 300w, http://100.96.1.66:3001/app/uploads/2020/10/logo-Sorare-768x119.png 768w" sizes="(max-width: 260px) 100vw, 260px" /></a></figure></div>



<p class="has-text-align-left"><em>Sorare allows sports fans to collect and trade digital cards backed by non-fungible tokens. These officially licensed cards are both collectibles and useful in their global fantasy football game. Collect cards, compose your dream team and earn rewards depending on your weekly ranking!</em></p>



<p class="has-text-align-center"><a rel="noreferrer noopener" href="https://sorare.com/" target="_blank">Discover the project →</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://www.sandbox.game/en/"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2020/10/sandbox-logo-colour.png" alt="" class="wp-image-2877" width="260" height="77" srcset="http://100.96.1.66:3001/app/uploads/2020/10/sandbox-logo-colour.png 1000w, http://100.96.1.66:3001/app/uploads/2020/10/sandbox-logo-colour-300x89.png 300w, http://100.96.1.66:3001/app/uploads/2020/10/sandbox-logo-colour-768x229.png 768w" sizes="(max-width: 260px) 100vw, 260px" /></a></figure></div>



<p><em>The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences on the Ethereum blockchain using NFTs and $SAND, the platform’s utility token. LANDS are non-fungible tokens (ERC-721) that represent unique digital locations in the universe of The Sandbox.</em></p>



<p class="has-text-align-center"><a rel="noreferrer noopener" href="https://www.sandbox.game/en/" target="_blank">Discover the project →</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://neondistrict.io/"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2020/10/NeonDistrict_Logo_Color-2-1024x108.png" alt="" class="wp-image-2837" width="260" height="27" srcset="http://100.96.1.66:3001/app/uploads/2020/10/NeonDistrict_Logo_Color-2-1024x108.png 1024w, http://100.96.1.66:3001/app/uploads/2020/10/NeonDistrict_Logo_Color-2-300x32.png 300w, http://100.96.1.66:3001/app/uploads/2020/10/NeonDistrict_Logo_Color-2-768x81.png 768w, http://100.96.1.66:3001/app/uploads/2020/10/NeonDistrict_Logo_Color-2-1536x162.png 1536w, http://100.96.1.66:3001/app/uploads/2020/10/NeonDistrict_Logo_Color-2-2048x217.png 2048w" sizes="(max-width: 260px) 100vw, 260px" /></a></figure></div>



<p><em>In a post-apocalyptic atmosphere, Neon District is the cyberpunk role-playing adventure and flagship game developed by Blockade Games. Two seasons of the game are announced : the first will be a single player campaign while the second will offer a co-op option</em></p>



<p class="has-text-align-center"><a rel="noreferrer noopener" href="https://neondistrict.io/" target="_blank">Discover the project →</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://www.f1deltatime.com/"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2020/10/F1_DeltaTime-1024x93.png" alt="The first official Formula 1 non-fungible token auction is now live" class="wp-image-2876" width="260" height="23" srcset="http://100.96.1.66:3001/app/uploads/2020/10/F1_DeltaTime-1024x93.png 1024w, http://100.96.1.66:3001/app/uploads/2020/10/F1_DeltaTime-300x27.png 300w, http://100.96.1.66:3001/app/uploads/2020/10/F1_DeltaTime-768x70.png 768w, http://100.96.1.66:3001/app/uploads/2020/10/F1_DeltaTime-1536x140.png 1536w, http://100.96.1.66:3001/app/uploads/2020/10/F1_DeltaTime-2048x186.png 2048w" sizes="(max-width: 260px) 100vw, 260px" /></a></figure></div>



<p><em>F1 Delta Time is a Formula 1 racing game published by Animoca. Some cars and tracks come from historic races, bringing the game closer to reality. It is also possible to stack your cars to generate $REVV</em></p>



<p class="has-text-align-center"><a rel="noreferrer noopener" href="https://www.f1deltatime.com/" target="_blank">Discover the project →</a></p>



<p><strong><span style="text-decoration: underline;">Media Partner</span></strong></p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://www.magnft.com/"><img loading="lazy" src="http://100.96.1.66:3001/app/uploads/2020/10/d7GDtpT1_400x400.jpg" alt="" class="wp-image-2870" width="98" height="98" srcset="http://100.96.1.66:3001/app/uploads/2020/10/d7GDtpT1_400x400.jpg 400w, http://100.96.1.66:3001/app/uploads/2020/10/d7GDtpT1_400x400-300x300.jpg 300w, http://100.96.1.66:3001/app/uploads/2020/10/d7GDtpT1_400x400-150x150.jpg 150w" sizes="(max-width: 98px) 100vw, 98px" /></a></figure></div>



<p><em>MagNFT was thought with one specific goal. Help the NFT Art scene grow, and provide a medium for collectors to discover emerging or established artists in the ecosystem. Since our 1st issue, we have supported, launch and financially contributed to our ecosystem.&nbsp;</em></p>



<p class="has-text-align-center"><a href="https://www.magnft.com/" target="_blank" rel="noreferrer noopener">Discover the project →</a></p>


On the 31st of October, NonFungible.com will host the first ever Valuation Party.


NonFungible.com will value your NFTs for free


<p>As we noted during our NFT Yearly Report 2019, Art has undeniably become <strong>one of the major Uses Cases in the NFT ecosystem</strong>.</p>



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



<p>This report aims to answer, independently and objectively, some the 5 main questions we have been regularly asked about the Blockchain Art Ecosystem:</p>



<ul><li>How is the Blockchain Art market evolving since its first launches in 2018?</li><li>What is the distribution between primary and secondary markets?</li><li>How many collectors and artists in the Blockchain Art space?</li><li>What is the exact role and importance of Art marketplaces ?</li><li>How big is Blockchain Art compared to the overall NFT space?</li></ul>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2019/en/special-edition-art" target="_blank" rel="noreferrer noopener">Download the 2018-2019 NFT Art Report</a></div>
</div>



<h2>NFT Art Global trends</h2>



<p>Before going into the details of the analyzes, it is important to recall a structuring definition:</p>



<ul><li><strong>Generative Art</strong>: Art generated automatically by an algorithm, either by deformation of an existing visual, by automatic and random combination of a set of components (CryptoPunks, …) or any other programmable process that allows to generate a work through an algorithm.</li><li><strong>Non-generative Art</strong>: Art created without the intervention of an algorithm.</li></ul>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive18.png" alt="" class="wp-image-2313" srcset="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive18.png 1280w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive18-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive18-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive18-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<p>The volume of dollars traded only in the NFT art segment more than doubled between 2018 and 2019 (+114%). 2018 was marked by the very strong presence of so-called generative works with the secondary market around CryptoPunks. 2019 has seen a massive take-off from the non-generative art market.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive20.png" alt="" class="wp-image-2314" srcset="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive20.png 1280w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive20-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive20-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive20-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<p>In total, more than 32,000 unique works of art were exchanged in 2019, only on the Ethereum Blockchain. Here we find the exponential growth identified on the volumes of dollars exchanged.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive26.png" alt="" class="wp-image-2315" srcset="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive26.png 1280w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive26-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive26-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive26-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<p>The breakdown between the Primary and Secondary markets was reversed, going from a secondary market which represents 82% of the entire market to only 48% in 2019.</p>



<p>This reversal between the Primary and Secondary market is the reflection of several things:</p>



<ul><li>2018 was a very early year for the Crypo art market, marked mainly by the massive circulation of CryptoPunks</li><li>2019 was a year of development but still a year of &#8220;initialization&#8221; of an art market itself. Collectors build their collection, thus ensuring the primary market.</li><li>The secondary market is still very weak for these early days of Art Blockchain. This lack of liquidity represents one of the challenges that the NFT art segment will have to manage in the next stages of its development.</li></ul>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2019/en/special-edition-art" target="_blank" rel="noreferrer noopener">Download the 2018-2019 NFT Art Report</a></div>
</div>



<h2>Art Marketplaces</h2>



<p>Not surprisingly, the Art Marketplaces represent the nerve centers of the ecosystem. Our study focused on 5 of them:</p>



<ul><li><a href="https://nonfungible.com/market-tracker/makersplace" target="_blank" rel="noreferrer noopener">MakersPlace</a></li><li><a href="https://nonfungible.com/market-tracker/superrare" target="_blank" rel="noreferrer noopener">SuperRare</a></li><li><a href="https://nonfungible.com/market-tracker/knownorigin" target="_blank" rel="noreferrer noopener">KnownOrigin</a></li><li>Digital Art Chain</li><li><a href="https://nonfungible.com/market-tracker/blockchainartexchange" target="_blank" rel="noreferrer noopener">Blockchain Art Exchange</a></li></ul>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive30.png" alt="" class="wp-image-2317" srcset="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive30.png 1280w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive30-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive30-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive30-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<p>SuperRare and KnownOrigin dominate the market by far in terms of sales volume and USD transferred. (Note that SuperRare was presented on another graphic in the Art Report, due to its very large volume)</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive32.png" alt="" class="wp-image-2318" srcset="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive32.png 1280w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive32-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive32-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive32-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<h2>Wallet diversification</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive38.png" alt="" class="wp-image-2319" srcset="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive38.png 1280w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive38-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive38-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive38-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<p>Between 2018 and 2019, the behavior of buyers has changed considerably. The portfolios of the biggest collectors have gone from a very strong focus on CryptoPunks to fairly diverse wallets.</p>



<p>Although SuperRare became predominant in buyers&#8217; wallets in 2019, these collectors hunt for marketplaces, looking for the work that will please them, the artist who will soon break through…</p>



<p>This community of buyers (sometimes wealthy) is in fact one of the engines of growth for this young ecosystem, but are sometimes also seen as &#8220;king makers&#8221; within the community of artists.</p>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2019/en/special-edition-art" target="_blank" rel="noreferrer noopener">Download the 2018-2019 NFT Art Report</a></div>
</div>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive39.png" alt="" class="wp-image-2320" srcset="http://100.96.1.66:3001/app/uploads/2020/06/Diapositive39.png 1280w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive39-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive39-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/06/Diapositive39-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<h2>Get your report now!</h2>



<p>To discover all these insights, and many other analyzes on the Blockchain art market, download the full art report now!</p>



<p>Like always, our report is 100% free! We only ask for you to sign up for our mailing list.</p>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2019/en/special-edition-art" target="_blank" rel="noreferrer noopener">Download the 2018-2019 NFT Art Report</a></div>
</div>



<p>Whether you are an artist, a newbie, a private investor, a Venture Capital or a traditional art collector, <strong>you had better follow the Blockchain Art market very closely over the coming months and years</strong>&#8230;</p>


Our team is very proud to announce the official publication of our report on art in the NFTs!The goal of this report is to give a clear and exhaustive overview on the situation of the NFT Art Space in 2018-2019.

The NFT Art Report 2018-2019 is live!


<p>These last few months, we have spent a lot of time with you, our users, and have taken into account your needs regarding the next version of NonFungible.com.</p>



<p>This new version of NonFungible.com is structured around 5 main axes:</p>



<ul><li>Implementation of our NFT Radar technology</li><li>Multi NFT tracking</li><li>Accelerated listing of dozens of new projects</li><li>Management of several crypto currencies</li><li>New macro indicators per project on the <a href="https://nonfungible.com/market-tracker" target="_blank" rel="noreferrer noopener">Market homepage</a></li></ul>



<h2>What is the NFT Radar?</h2>



<p>NFT Radar is an exclusive technology developed by our team, which identifies any non-fungible token (ERC721) smart contracts on the Ethereum blockchain.</p>



<p>This technology had already been used for our <a href="https://nonfungible.com/reports/2019/en/yearly-nft-market-report" target="_blank" rel="noreferrer noopener">NFT Yearly Report 2019</a>, and we previously presented the technology in our article “<a href="https://nonfungible.com/news/corporate/supporting-thousands-projects" target="_blank" rel="noreferrer noopener">Towards supporting 1000’s of NFT projects</a>” a few months ago!</p>



<p>This technology (which we have been the only ones to benefit from to date) constitutes the cornerstone of our new back-end, and will allow us among other things to:</p>



<ul><li>Provide 100% exhaustive reports on the Ethereum NFT ecosystem</li><li>List more projects, faster</li><li>Identify new innovative players via their data before even knowing the name of the project</li></ul>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1600" height="1200" src="http://100.96.1.66:3001/app/uploads/2020/05/radar-1.png" alt="" class="wp-image-1981" srcset="http://100.96.1.66:3001/app/uploads/2020/05/radar-1.png 1600w, http://100.96.1.66:3001/app/uploads/2020/05/radar-1-300x225.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/radar-1-1024x768.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/radar-1-768x576.png 768w, http://100.96.1.66:3001/app/uploads/2020/05/radar-1-1536x1152.png 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /></figure></div>



<h2>Multi NFT tracking</h2>



<p>You asked for it, we developed it!</p>



<p>Now all the different tokens related to a project will be displayed and you will be able to follow, in near real time, the price of each of the tokens of your favorite projects.</p>



<p>Decentraland LAND, Wearables, Names? MyCryptoHeroes Heroes, Extensions, Land?</p>



<p>You can filter per token in a few clicks:</p>



<ul><li>Go to the profile page of the project you want to analyze</li><li>Click on “Filter”: the very first filter that appears allows you to filter by Token.</li><li>Don&#8217;t forget to click on “Apply” at the bottom right of the filter area</li></ul>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="381" height="301" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-ticker-tokens.png" alt="" class="wp-image-1982" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-ticker-tokens.png 381w, http://100.96.1.66:3001/app/uploads/2020/05/nft-ticker-tokens-300x237.png 300w" sizes="(max-width: 381px) 100vw, 381px" /></figure></div>



<p>Note that recently added tokens do not yet have all the associated meta data (including images), or all the filters, but they will be added in the coming days and weeks.</p>



<p>By default, all tokens are displayed on the project profile.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="447" height="501" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-ticker-sales.png" alt="" class="wp-image-1983" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-ticker-sales.png 447w, http://100.96.1.66:3001/app/uploads/2020/05/nft-ticker-sales-268x300.png 268w" sizes="(max-width: 447px) 100vw, 447px" /></figure></div>



<h2>Multi crypto-currencies!</h2>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="936" height="222" src="http://100.96.1.66:3001/app/uploads/2020/05/market-summary.png" alt="" class="wp-image-1984" srcset="http://100.96.1.66:3001/app/uploads/2020/05/market-summary.png 936w, http://100.96.1.66:3001/app/uploads/2020/05/market-summary-300x71.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/market-summary-768x182.png 768w" sizes="(max-width: 936px) 100vw, 936px" /></figure></div>



<p>Today, NFTs are no longer just traded in ETH. We had to account for the diversity of the cryptocurrencies used in our statistics, and above all, make this information accessible to everyone.</p>



<p>This is why we have divided the “Volume of tokens” zone by cryptocurrency. You now have the possibility of following the global distribution of cryptocurrencies used on all NFT markets by day, week, month and any time. If you hover over the “Volume of tokens” with your mouse pointer you should see the USD value of each currency.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="714" height="210" src="http://100.96.1.66:3001/app/uploads/2020/05/market-summary-hover.png" alt="" class="wp-image-1985" srcset="http://100.96.1.66:3001/app/uploads/2020/05/market-summary-hover.png 714w, http://100.96.1.66:3001/app/uploads/2020/05/market-summary-hover-300x88.png 300w" sizes="(max-width: 714px) 100vw, 714px" /></figure></div>



<p>In the same way, on each project page, you can now see if the project&#8217;s NFTs are purchased in MANA, ETH, WETH or any other cryptocurrency.</p>



<h2>New metrics per project</h2>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="935" height="514" src="http://100.96.1.66:3001/app/uploads/2020/05/project-list.png" alt="" class="wp-image-1986" srcset="http://100.96.1.66:3001/app/uploads/2020/05/project-list.png 935w, http://100.96.1.66:3001/app/uploads/2020/05/project-list-300x165.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/project-list-768x422.png 768w" sizes="(max-width: 935px) 100vw, 935px" /></figure></div>



<p>You will also notice a slight difference on the home page of our Market History? The indicators that we propose by project have evolved.</p>



<p>We think it is essential to measure the “health” of a project with suitable indicators, it is for this reason that we now offer the following metrics by project to have a global understanding of the ecosystem at a glance:</p>



<ul><li>Volume 7d (USD)</li><li>Last 7d sales</li><li>Volume all time (USD)</li><li>All time sales</li></ul>



<h2>What are “Unverified projects”?</h2>



<p><strong>“Unverified” projects</strong> are projects that have been identified by our NFT Radar, whose profile sheet has been created, of which we are able to track the market in real time.</p>



<p>However, <strong>“Unverified” projects</strong> will not present all the details for each transaction.</p>



<p>Thus, you will not be able to find all of the metadata that makes up each asset bought or sold. We trace the basic values of each transaction, namely:</p>



<ul><li>Buying wallet</li><li>Selling wallet</li><li>Crypto price</li><li>USD price</li><li>Asset ID</li></ul>



<p>Only <strong>Verified Projects</strong> display the metadata of each asset sold (image, name, color, various characteristics, &#8230;).</p>



<p>To summarize the difference between a Verified and an Unverified project:</p>



<figure class="wp-block-table aligncenter is-style-stripes"><table><tbody><tr><td></td><td class="has-text-align-center" data-align="center"><strong>Unverified projects</strong></td><td class="has-text-align-center" data-align="center"><strong>Verified projects</strong></td></tr><tr><td><strong>Project profile</strong></td><td class="has-text-align-center" data-align="center">✔️</td><td class="has-text-align-center" data-align="center">✔️</td></tr><tr><td><strong>Real time market history</strong></td><td class="has-text-align-center" data-align="center">✔️</td><td class="has-text-align-center" data-align="center">✔️</td></tr><tr><td><strong>Basic search feature</strong></td><td class="has-text-align-center" data-align="center">✔️</td><td class="has-text-align-center" data-align="center">✔️</td></tr><tr><td><strong>Asset images</strong></td><td class="has-text-align-center" data-align="center">❌&nbsp;</td><td class="has-text-align-center" data-align="center">✔️</td></tr><tr><td><strong>Assets meta-data</strong></td><td class="has-text-align-center" data-align="center">❌&nbsp;</td><td class="has-text-align-center" data-align="center">✔️</td></tr><tr><td><strong>Detailed filters</strong></td><td class="has-text-align-center" data-align="center">❌&nbsp;</td><td class="has-text-align-center" data-align="center">✔️</td></tr></tbody></table></figure>



<h2>How to get verified?</h2>



<p>For all &#8220;Unverified&#8221; projects, rest assured, there is nothing easier than becoming a Verified project!</p>



<p>You just need to send us the following information by email or through our <a href="https://nonfungible.com/contact-us" target="_blank" rel="noreferrer noopener">Get Listed form</a>:</p>



<ul><li>The complete list of all your smart contracts</li><li>The smart contract JSON ABIs</li><li>Definition and location of <strong>on-chain</strong> asset meta attributes</li><li>Definition and location of <strong>off-chain</strong> (HTTP API) asset meta attributes</li></ul>



<p>We take care of the rest!</p>



<h2>We need your feedback!</h2>



<p>To help us constantly improve, and build the NonFungible.com suite together, we need you!</p>



<p>We ask you 3 minutes to complete this short questionnaire and know your expectations regarding NonFungible. More than ever, NonFungible needs you to move forward and better meet your needs.</p>



<p class="has-text-align-center">➡ <a href="https://nonfungible.com/feature-request" target="_blank" rel="noreferrer noopener">Answer the poll!</a> ⬅</p>



<p>Thank you all for helping us move forward and supporting us from the really beginning. This new version represents a turning point for NonFungible.com and we are so excited to open the door for new opportunities to meet your expectations, today and tomorrow.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1050" height="700" src="http://100.96.1.66:3001/app/uploads/2020/05/submit-poll.png" alt="" class="wp-image-1987" srcset="http://100.96.1.66:3001/app/uploads/2020/05/submit-poll.png 1050w, http://100.96.1.66:3001/app/uploads/2020/05/submit-poll-300x200.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/submit-poll-1024x683.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/submit-poll-768x512.png 768w" sizes="(max-width: 1050px) 100vw, 1050px" /></figure></div>


Hundreds of projects listed, NFT Radar, multi-assets management… the new NonFungible is here!

Are you ready for the new era of NonFungible.com?


<p>We recently sent our 50th newsletter! On the occasion of this newsletter we wanted to (re) present the content of our newsletter to those who would not yet know it.</p>



<p>Every Tuesday for 50 weeks now, we have sent our community a summary of the news on non-fungible tokens, centered around:</p>



<ul><li>Market trends</li><li>Industry announcements and major milestones</li><li>Analysis to understand the changes in the ecosystem</li></ul>



<p>Follow the news of the whole Non-fungible Token industry in less than 5 minutes? This is possible thanks to the 5 sections that we offer you every week!</p>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/about/whatsnew" target="_blank" rel="noreferrer noopener">Subscribe Now</a></div>
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<h2>Our analysis of the week</h2>



<p>Each newsletter begins with an editorial written by our NFT experts, who offer a quick overview of the past week, and offer an analysis of the main trends they have observed over the past 7 days. It is also an opportunity to read about major announcements of projects or notable market developments.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="992" height="665" src="http://100.96.1.66:3001/app/uploads/2020/05/short-analysis.png" alt="" class="wp-image-1970" srcset="http://100.96.1.66:3001/app/uploads/2020/05/short-analysis.png 992w, http://100.96.1.66:3001/app/uploads/2020/05/short-analysis-300x201.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/short-analysis-768x515.png 768w" sizes="(max-width: 992px) 100vw, 992px" /></figure></div>



<h2>The weekly article</h2>



<p>The newsletter is also an opportunity to present you an exclusive article, most often written by our expert in NFT experiences, Blockchain Gaming &amp; Collectibles: <a href="https://twitter.com/Besancia" target="_blank" rel="noreferrer noopener">Besancia</a>.</p>



<p>Our articles give you the opportunity to dive into the most innovative Blockchain Gaming experiences, to have the full panorama of the NFT industry, or to benefit exclusively from our analysis of markets and trends. <a href="https://nonfungible.com/news" target="_blank" rel="noreferrer noopener">We are betting that you will learn something new every week by following this link to read our blog</a>! 😉</p>



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<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="989" height="659" src="http://100.96.1.66:3001/app/uploads/2020/05/exclusive-review.png" alt="" class="wp-image-1971" srcset="http://100.96.1.66:3001/app/uploads/2020/05/exclusive-review.png 989w, http://100.96.1.66:3001/app/uploads/2020/05/exclusive-review-300x200.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/exclusive-review-768x512.png 768w" sizes="(max-width: 989px) 100vw, 989px" /></figure></div>



<h2>The NFT Press Review</h2>



<p>Keeping an eye on an industry of several hundred projects, from art to technical infrastructures, including ticketing and blockchain gaming, is rather time-consuming. But don&#8217;t worry, our team takes care of that and monitors for you and selects the most important, interesting and surprising articles they have read each week.</p>



<p>Do not thank us, it is our pleasure to keep you informed!</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="997" height="665" src="http://100.96.1.66:3001/app/uploads/2020/05/curated-news.png" alt="" class="wp-image-1972" srcset="http://100.96.1.66:3001/app/uploads/2020/05/curated-news.png 997w, http://100.96.1.66:3001/app/uploads/2020/05/curated-news-300x200.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/curated-news-768x512.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></figure></div>



<h2>The week in figures</h2>



<p>We know that you are already diligently following our <a href="https://twitter.com/nonfungibles" target="_blank" rel="noreferrer noopener">weekly stats published on Twitter every Tuesday</a>, and know that for those who do not have the reflex (or not the time) to go to Twitter to consult these statistics, we will send them to you directly in your mailbox (condensed version) every Tuesday!</p>



<p>As a reminder, we publish on Twitter weekly the Top # 10 of projects by:</p>



<ul><li>Transactions volume</li><li>Active addresses</li><li>USD transferred</li><li><strong><em>(Coming soon)</em></strong> Market makers</li><li><strong><em>(Coming soon)</em></strong> USD sold</li><li><strong><em>(Coming soon)</em></strong> Currencies used</li></ul>



<p>These weekly reports allow you to follow the evolution of the main ecosystem interactions and markets in relation to each other. The evolution from one week to the next is systematically specified.</p>



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<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="996" height="659" src="http://100.96.1.66:3001/app/uploads/2020/05/market-trends.png" alt="" class="wp-image-1973" srcset="http://100.96.1.66:3001/app/uploads/2020/05/market-trends.png 996w, http://100.96.1.66:3001/app/uploads/2020/05/market-trends-300x198.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/market-trends-768x508.png 768w" sizes="(max-width: 996px) 100vw, 996px" /></figure></div>



<h2>The most expensive assets sold last week</h2>



<p>Finally, for collectors and curious, our newsletter offers you to find the 2 most expensive sales of the week each week. Are you one of the happy sellers or buyers of these wonders? <a href="https://discord.gg/nonfungible" target="_blank" rel="noreferrer noopener">Feel free to come and say Hi! on our Discord to chat with the team</a>!</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="996" height="661" src="http://100.96.1.66:3001/app/uploads/2020/05/highest-sales.png" alt="" class="wp-image-1974" srcset="http://100.96.1.66:3001/app/uploads/2020/05/highest-sales.png 996w, http://100.96.1.66:3001/app/uploads/2020/05/highest-sales-300x199.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/highest-sales-768x510.png 768w" sizes="(max-width: 996px) 100vw, 996px" /></figure></div>



<h2>Conclusion</h2>



<p>Whether you are at the head of an NFT project, a private or institutional investor, a relentless collector or a curious person who has just discovered the word non-fungible tokens, you should find in our weekly newsletter the condensed information to evolve serenely in this dynamic ecosystem!</p>



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Have you subscribed to the NonFungible.com NFT newsletter?


<h2>Introduction</h2>



<p>We <a href="https://nonfungible.com/news/art/makersplace-a-path-to-art" target="_blank" rel="noreferrer noopener">talked about it last week with MakersPlace listing</a> on NonFungible.com, we had the honor of organizing a Charity Auction with them to fight against Covid19.</p>



<p>This auction gave rise to an incredible mobilization of digital artists as well as NFT Collectors!</p>



<p>Some figures about the results:</p>



<p>$3636 / Ξ 25 gathered</p>



<p>41 artworks</p>



<p>You can find the full list of 41 artworks <a href="https://makersplace.com/nonfungible" target="_blank" rel="noreferrer noopener">on the site of our partner MakersPlace</a>, who brilliantly organized this charity auction!</p>



<p>As a reminder, all of the funds were donated to the charity Global Giving, to support their Coronavirus Relief Fund.</p>



<p>You will find all the information about <a href="https://www.globalgiving.org/projects/coronavirus-relief-fund/" target="_blank" rel="noreferrer noopener">the association and their actions here.</a></p>



<h2>A gigantic Thank You!</h2>



<p>None of this would have been possible without the general mobilization of the artists who produced all these artworks and agreed to sell them during the Charity Auction.</p>



<p>It is admirable to see that in a very tense global context, artists have been able to mobilize and invest their time and energy for a cause.</p>



<p>Likewise, we would like to thank MakersPlace for all the time spent by their teams, and specifically Ryoma, the main conductor behind the auction. We are happy and proud to count a project with such values among the projects listed on NonFungible.com.</p>



<p>Finally, we obviously want to thank all the participants of the auction, whether or not you managed to acquire an artwork, thank you for being part of this great outpour of generosity towards Global Giving and the victims of Covid19.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="475" src="http://100.96.1.66:3001/app/uploads/2020/05/covid19-charity-auction-1-1024x475.png" alt="" class="wp-image-1879" srcset="http://100.96.1.66:3001/app/uploads/2020/05/covid19-charity-auction-1-1024x475.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/covid19-charity-auction-1-300x139.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/covid19-charity-auction-1-768x356.png 768w, http://100.96.1.66:3001/app/uploads/2020/05/covid19-charity-auction-1.png 1277w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



<h2>The artwork</h2>



<p>5 exclusive pieces of art have been crafted by MakersPlace artists on the theme of NonFungible and sold during the auction. The “Nonfungible exclusive” artworks generated a total of Ξ 5.8.</p>



<p>We invite you to (re)discover the artworks below:</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1000" height="769" src="http://100.96.1.66:3001/app/uploads/2020/05/beyond-the-tangible.png" alt="" class="wp-image-1880" srcset="http://100.96.1.66:3001/app/uploads/2020/05/beyond-the-tangible.png 1000w, http://100.96.1.66:3001/app/uploads/2020/05/beyond-the-tangible-300x231.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/beyond-the-tangible-768x591.png 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></figure></div>



<p class="has-text-align-center"><a href="https://makersplace.com/monfa/beyond-the-tangible-1-of-1-21915/?soldOut=1" target="_blank" rel="noreferrer noopener">Beyond the tangible</a><br>Ξ 2<br>$281<br>Artist: <a href="https://makersplace.com/monfa/" target="_blank" rel="noreferrer noopener">Monfa Cabrera</a></p>



<p><strong>Description:</strong></p>



<p>An imperceptible instant, the channeling of creation, is not only a repository of creation but the potentiator of light, of color, of fantastic worlds of amazing stories. Floating in the gloom, feeling the lurking shadows that try to seize its power, steal it and gradually extinguish it. Creation must continue, it must fill each corner with its light, it must extinguish the shadows and in its creative power be reborn.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="769" height="1000" src="http://100.96.1.66:3001/app/uploads/2020/05/breaking-freedom.png" alt="" class="wp-image-1881" srcset="http://100.96.1.66:3001/app/uploads/2020/05/breaking-freedom.png 769w, http://100.96.1.66:3001/app/uploads/2020/05/breaking-freedom-231x300.png 231w" sizes="(max-width: 769px) 100vw, 769px" /><figcaption><a href="https://makersplace.com/davidloblaw/breaking-freedom-1-of-1-21916/"></a></figcaption></figure></div>



<p class="has-text-align-center"><a href="https://makersplace.com/davidloblaw/breaking-freedom-1-of-1-21916/" target="_blank" rel="noreferrer noopener"><strong>Breaking Freedom</strong></a><br>Ξ 2<br>$275<br>Artist: <a href="https://makersplace.com/davidloblaw/" target="_blank" rel="noreferrer noopener">David Loblaw</a></p>



<p><strong>Description:</strong></p>



<p>To break free from the historical controlling points and enter a new era of trade. Using the warrior and horse from the past that was once the tools of change many years ago, here comes to symbolize the powerful new medium of the blockchain as it is moving forward into new territories leaving behind the old trading territories on the distance horizon expressed by the city view and a hinted dollar bill pyramid mixed into an organic red textured background.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="582" height="448" src="http://100.96.1.66:3001/app/uploads/2020/05/automatic-agent.png" alt="" class="wp-image-1882" srcset="http://100.96.1.66:3001/app/uploads/2020/05/automatic-agent.png 582w, http://100.96.1.66:3001/app/uploads/2020/05/automatic-agent-300x231.png 300w" sizes="(max-width: 582px) 100vw, 582px" /><figcaption><a href="https://makersplace.com/mare/automatic-agent-1-of-1-21919/"></a></figcaption></figure></div>



<p class="has-text-align-center"><a href="https://makersplace.com/mare/automatic-agent-1-of-1-21919/" target="_blank" rel="noreferrer noopener"><strong>Automatic Agent</strong></a><br>Ξ 0.2<br>$28<br>Artist: <a href="https://makersplace.com/mare/" target="_blank" rel="noreferrer noopener">Mar E</a></p>



<p><strong>Description:</strong></p>



<p>An agent is said to learn when his performance improves with experience; that is, when the ability was not present in their genotype or birth traits.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="582" height="760" src="http://100.96.1.66:3001/app/uploads/2020/05/case.png" alt="" class="wp-image-1883" srcset="http://100.96.1.66:3001/app/uploads/2020/05/case.png 582w, http://100.96.1.66:3001/app/uploads/2020/05/case-230x300.png 230w" sizes="(max-width: 582px) 100vw, 582px" /><figcaption><a href="https://makersplace.com/mare/case-1-of-1-21918/"></a></figcaption></figure></div>



<p class="has-text-align-center"><a href="https://makersplace.com/mare/case-1-of-1-21918/" target="_blank" rel="noreferrer noopener"><strong>Case</strong></a><br>Ξ 1.25<br>$178<br>Artist: <a href="https://makersplace.com/mare/" target="_blank" rel="noreferrer noopener">Mar E</a></p>



<p><strong>Description:</strong></p>



<p>One of the prototypical characters of the cyberpunk genre is Case, from W. Gibson&#8217;s novel Neuromancer. DeathBurger Josan González, illustrated the cover in Brazil, my tribute to this great Catalan illustrator and cyberpunk, who stands as a defender of the free flow of information. Decidedly opposed to intellectual property rights. A staunch defender of encryption technologies to guarantee privacy as well as electronic money and all modern digital technologies in general.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="585" height="449" src="http://100.96.1.66:3001/app/uploads/2020/05/power-to-the-people.png" alt="" class="wp-image-1884" srcset="http://100.96.1.66:3001/app/uploads/2020/05/power-to-the-people.png 585w, http://100.96.1.66:3001/app/uploads/2020/05/power-to-the-people-300x230.png 300w" sizes="(max-width: 585px) 100vw, 585px" /><figcaption><a href="https://makersplace.com/forlenza/power-to-the-people-1-of-1-21917/"></a></figcaption></figure></div>



<p class="has-text-align-center"><a href="https://makersplace.com/forlenza/power-to-the-people-1-of-1-21917/" target="_blank" rel="noreferrer noopener"><strong>POWER TO THE PEOPLE</strong></a><br>Ξ 0.35<br>$50<br>Artist: <a href="https://makersplace.com/forlenza/" target="_blank" rel="noreferrer noopener">Forlenza</a></p>



<p><strong>Description:</strong></p>



<p>Peace, Love and Freedom. NonFungible Power to the People!</p>



<h2>The NFT ecosystem role and responsibility</h2>



<p>Let’s think a little about our responsibilities, after this auction. We have seen in this event a blatant example of the potential of our ecosystem.</p>



<p>We are all part of an extremely dynamic and young environment, which already represents more than $150 million traded for a market capitalization of nearly $250 million (cf. <a href="https://nonfungible.com/reports/2019/en/yearly-nft-market-report" target="_blank" rel="noreferrer noopener">NonFungible.com NFT Yearly Report 2019</a>).</p>



<p>Projects, buyers, hodlers, sellers, we are all players of this impressive value generation. It is important to keep in mind that we also all have a role to play in defending the values of sharing, equality and humanity that have underpinned this ecosystem since these beginnings.</p>



<p>We are building a thriving ecosystem all together, let&#8217;s not forget to keep it as human as possible.</p>



<p>Thanks everyone!</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/2020/04/together-we-create-1024x576.png" alt="" class="wp-image-1922" srcset="http://100.96.1.66:3001/app/uploads/2020/04/together-we-create-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/04/together-we-create-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/04/together-we-create-768x432.png 768w, http://100.96.1.66:3001/app/uploads/2020/04/together-we-create.png 1489w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>


We had the honor of organizing a Charity Auction with our Partner MakersPlace to fight against Covid19. This auction gave rise to an incredible mobilization of digital artists as well as NFT Collectors!

The Covid19 charity auction has been a success!


<h2>Who are you, what do you do, and how did you get into NFTs?</h2>



<p>My name is Matty and I write<a href="http://dclblogger.com" target="_blank" rel="noreferrer noopener"> dclblogger.com</a>.</p>



<p>I got into the NFT space off the downward trend that crypto was taking in early 2018 and I was looking for ways to diversify my portfolio. That’s when I came across decentraland on coinmarketcap, I liked the icon and it sounded like a game to me.</p>



<p>So I checked it out and there were so many people buying and selling these LANDs. When I got involved, the LAND auction presale had just finished. So a lot of people bought LANDs and were now trying to sell it to other people.</p>



<p>But they couldn’t sell it yet, because there was no marketplace for Decentraland yet. So the only way to sell this ERC-721 token, was to manually send it to someone and to find a buyer who would take that risk and send the MANA first and wait for the LAND to be sent after.</p>



<p>And this is obviously very risky, but it created a lot of opportunity as well, because there weren’t many buyers willing to do that. So I put my hand up and started to do this, and I started to realise that people aren’t as dishonest as you would think.</p>



<p>I never got scammed once and I was doing hundreds of these transactions, without any smart contract to secure the trade. There was a lot of demand for people wanting to sell their LANDs. That&#8217;s how I got involved.</p>



<h2>Are you only focused on Decentraland or are you also active in other projects?</h2>



<p>I have been following <a href="https://nonfungible.com/market-tracker/decentraland" target="_blank" rel="noreferrer noopener">Decentraland</a> for a long time specifically, because that’s where most of the volume has been. I think there has been almost $50M in volume on Decentraland alone over the last 2 years. Just in digital land switching hands. That sort of money hasn’t moved in the NFT space anywhere. </p>



<p>So for <a href="https://nonfungible.com/market-tracker/godsunchained" target="_blank" rel="noreferrer noopener">Gods Unchained</a>, the only reason I got involved was because that presale raised tens of thousands of ETH.  Once again, you have a marketplace that collectively spends $5-$10MM USD, so when the marketplace goes live there will be tens of thousands of dollars transacted weekly. I look at projects that have a lot of positive momentum, a lot of collected money, so when the market place goes live, there is money to be made.</p>



<h2>Do you think Decentraland will be able to attract people outside the space?</h2>



<p>So far the marketplace has done well based on speculation. Now that it&#8217;s public, we are only beginning to see some traffic. I have seen similar metaverses do quite well. <a href="https://nonfungible.com/market-tracker/cryptovoxels" target="_blank" rel="noreferrer noopener">CryptoVoxels</a>, which is more Minecraft based, has been out for a while and gets a lot of attention.</p>



<p>There are not many people in CryptoVoxels at any given time, but a lot of people want to go there and set up their shop or whatever they want to build. In Decentraland, there are awesome builds, that are really pushing the limits, but they are happening on whole different parts of the map, which is absolutely massive. Most of the LAND is undevelopment, so you will be running through green land for a while to find these cool experiences.&nbsp;</p>



<p>I think I am more excited about Decentraland in 1-2 years down the track, when good developers get involved that know how to create good experiences and have the funding to actually see them through. Then, Decentraland becomes a platform to showcase gaming, which is the aspect I am excited about.</p>



<h2>In a podcast last year you talked about potentially developing a battleground on a big estate you own in Decentraland, are you still working on this?</h2>



<p>At the start I was interested in flipping land. I am a money guy. Buying and selling stuff on Ebay was something I’m used to. Buying and selling LAND just from clicking a few buttons was just so attractive to me.</p>



<p>After a while, when I understood what can actually be built on Decentraland, I started to hold these bigger estates with the intention to either rent them to big developers that can build them out or building experiences myself.</p>



<p>I have thought about different ideas, whether it be a big treasure hunt place, where people can pay tiny amounts of ETH to join and win bigger prizes if you find the treasure scattered around my LAND. Maybe also an art gallery as the art scene is massive in CryptoVoxels.. There are so many ideas I am toying with.&nbsp;</p>



<p>I think at the start, I might just create simple experiences to showcase what Decentraland can become. But then, when I see where the momentum seems to be going, I can allocate my resources to build these experiences.&nbsp;</p>



<p>The colosseum idea is great, but I will wait to see how it&#8217;s even possible. Decentraland obviously needs to have the capabilities to have all these 3rd party NFTs recognised and be smooth enough to have some kind of a battle experience.</p>



<p>So I want other people to build something in that direction and then who knows, you might be fighting for NFTs on my LAND.</p>



<h2>Aside from Decentraland, there are other crypto enhanced virtual worlds: CryptoVoxels, The Sandbox and Somnium Space. How do you see them compared to Decentraland?</h2>



<p>A lot of them are very different. Decentraland is going to decentralise the experience. They want to have different people running the servers, so there is no central authority.</p>



<p>They want to have a decentralized governing system. You can own your name, your land, it&#8217;s going to be a complete decentralized experience and that’s something unique with Decentraland, that as far as I know, no one else is doing.</p>



<p>For me the other projects are too small to get involved with, because they don’t have the millions in funding. You need a lot of money for marketing as well, it&#8217;s not cheap to get momentum. You can’t rely on people sharing this stuff. Decentraland has stood out because of that.</p>



<p>CryptoVoxels and The Sandbox are also different for me, because the minecraft/voxel thing doesn’t appeal to me personally. I know it does to others.</p>



<p>The Sandbox so far has raised a few hundred thousand $, but has 92% of their land still to go on sale. So, I am going to be very curious to see if they can continue selling their land and to what point. It&#8217;s also going to be under development for another year or more, before they even have an alpha out.&nbsp;</p>



<p>I think at this point, you should have a working project out there and really push your project in this early NFT space. As we know from alt coins, the early ones are the ones that are still on the top (Litecoin etc.) today. CryptoVoxels is doing well, so is Decentraland and Gods Unchained.&nbsp;</p>



<h2>Do you mainly see NFTs as an investment or do you also play these games and actively use your NFTs (e.g. Gods Unchained, Axie Infinity..)?</h2>



<p>I get addicted to games very easily so I intentionally stop myself from playing games. I played Hearthstone for a while to understand Gods Unchained, because it&#8217;s based on Hearthstone. But then I realised I was playing it every day, in the morning, during the day time and at night and I really needed to stop playing.</p>



<p>It did show me though that trading card games as a genre is big, there are millions of people that play it, it&#8217;s addictive and it has its place. This is one of the reasons why I invested in Gods Unchained.</p>



<p>But to answer your question, I avoid playing, because I get addicted and NFT trading is my full time job and I need to stay focused. I have a wife and a family I want to start, so I can’t afford to play games so much.</p>



<h2>Is your NFT Swag Shop coming soon? I remember you talking about this a while ago.</h2>



<p>I was, I got a lot of people on board. I talked to <a href="https://nonfungible.com/market-tracker/axieinfinity" target="_blank" rel="noreferrer noopener">Axie Infinity</a>, <a href="https://nonfungible.com/market-tracker/cryptokitties" target="_blank" rel="noreferrer noopener">CryptoKitties</a>, pretty much everyone in the space. All the big names out there and they were onboard. But I wanted caps, t-shirts, canvases, essentially everything. I have done this sort of merchandise before, but it takes a lot of time to get the quality of each right because you’re probably have different suppliers for each of them.</p>



<p>Now, the NFT space got really big so I think it is the perfect time to release it. I have got it running, but I am just testing canvases for now and I am slowly going to start adding different products as people start to use the platform.</p>



<p>I have the domain, I have a supplier in China who can do really good prints, but with the coronavirus, things are on stand still. Now, I am thinking about getting a more local supplier. We will see. Things are getting more complex with eCommerce.</p>



<h2>It seems to me that most projects still focus on the crypto-community and less towards onboarding new people outside the space. How do you see the NFT space developing?</h2>



<p>This is the job of projects like Decentraland, Axie Infinity and Gods Unchained. These are the pioneers, they need to build an experience that’s on the surface level so disconnected from blockchain that my brother or cousins can play it. People that don’t even know that blockchain is part of the game. Having to download metamask, having to buy ETH, and managing your own tokens are all hurdles that have to go.</p>



<p>We love this stuff because we are tech people. We think this is easy and it makes sense to us, but the masses couldn’t care less about decentralization. They are happy to put their money in a bank, it&#8217;s a seamless, easy process. Until we have a game that produces a great experience without these hurdles, that’s when we are ready to onboard new people.</p>



<h2>Any other projects you are excited about?</h2>



<p>There isn’t. I was very excited about Gods Unchained, they released their market place and I am watching that space. Being two and half years in this NFT space, I want to see a project pushing adoption.</p>



<p>I want to see tens of thousands of people starting to use these platforms and I don’t see any project, aside from the ones we discussed, that give me an indication that they are going in this direction.</p>



<p>I mean there are a few, I have my eyes on. <a href="https://nonfungible.com/market-tracker/neondistrict" target="_blank" rel="noreferrer noopener">Neon District</a> got a lot of attention. I am watching the <a href="https://enjin.io/" target="_blank" rel="noreferrer noopener">Enjin</a> community. They have a few really good developers building gaming experiences that are tokenizing their in-game items and if one of them blows up, it could be big. There is a little bit of interest here and there, but nothing new I am really excited about.</p>



<h2>How can people find more about you?</h2>



<p>You can go to<a href="http://dclblogger.com" target="_blank" rel="noreferrer noopener"> dclblogger.com</a>. I have analysis videos, tutorials, and guides about trading NFTs. I have a beginner, intermediate and expert series on my blog. I will also be releasing a few more products this year.</p>



<p><strong>Thank you!</strong></p>


Philip had the opportunity to interview Matty, one of the most successful NFT traders, blogger, and founder of DCLBlogger.com. He shares with us his vision of the NFT ecosystem and associated markets, from the first steps of the industry in 2018 to today.

NonFungible Heroes #5: Matty from DCL Blogger


<p>On February 20th, 2020 <a href="https://www.nft.nyc/" target="_blank" rel="noreferrer noopener">NFT.NYC</a> was held in New York, a conference gathering the actors of the Non-Fungible Token industry. Having never attended an NFT-focused event before, I knew that I was going to meet all the experts and professionals in the field.</p>



<p>Holding <a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">NonFungible.com</a> colours, as Chief Communication Officer, I have to admit that I had some pressure on my shoulders but, one golden rule has prevailed ever since I met all these actors over a beer: just be natural.<br><br>This article will be dedicated to giving feedback, hot off the press, on my impressions and feelings about what was my first &#8220;In Real Life&#8221; meetup with the NFT ecosystem!</p>



<h2>My expectations from the NFT.NYC</h2>



<p>I had several expectations about the experience I was going to have in this event:</p>



<ul><li><strong>Primary expectation</strong>: to be able to know the different evolution of the projects that I know and usually play with thanks to the conferences.</li><li><strong>Secondary expectation</strong>: meeting the different actors of the NFT space in order to exchange with them.</li><li><strong>Secret expectation</strong>: to meet actors from the artistic world to exchange about their career path on the one hand, and to know how I could embark on this adventure on the other hand.</li></ul>



<p>To contextualize globally this list, I expected a certain level of objectivity from the presentations I have participated in. I see myself as an &#8220;end-user&#8221; and knowing the strengths but also, the weaknesses of a project are essential information to me.</p>



<p>Being very curious about the ways in which NFTs are used, <strong>I still think they need to be justified and not just a marketing argument</strong>. And although the main use is focused on video games, I was also wondering if the adoption of Non-Fungible Token has started to spread to other sectors.</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/2020/05/projects.png" alt="" class="wp-image-1839" srcset="http://100.96.1.66:3001/app/uploads/2020/05/projects.png 1600w, http://100.96.1.66:3001/app/uploads/2020/05/projects-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/projects-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/projects-768x432.png 768w, http://100.96.1.66:3001/app/uploads/2020/05/projects-1536x864.png 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /></figure></div>



<h2>My feedback about the NFT.NYC 2020</h2>



<p>Regarding my first expectation, I have to admit I&#8217;m a bit disappointed to have only been able to try only <a href="https://splinterlands.com/" target="_blank" rel="noreferrer noopener">Splinterlands</a>. I&#8217;m not a hardcore gamer but rather consider myself a &#8220;gameplay analyst&#8221;:</p>



<p><em>I&#8217;m going to try out all the features to know factually how the NFT will fit into the game experience</em>.</p>



<p>Although I had played <a href="https://steemmonsters.com/" target="_blank" rel="noreferrer noopener">Steem Monsters</a> in the past and enjoyed a small game, very few of the booths offered an interactive activity. That same day, <a href="https://nonfungible.com/market-tracker/decentraland" target="_blank" rel="noreferrer noopener">Decentraland</a> opened its doors and Gods Unchained went into &#8220;play to earn&#8221; mode, would a member of their team have had to be at the event to organize a small tournament?</p>



<p>For the conferences, the pace at which they followed each other was too fast.<br>The formats and the time allocated to each participant were such that I did not always have time to appreciate the posture or the contribution of each speaker to the ecosystem.&nbsp;</p>



<p>Even if I couldn&#8217;t cover all the conferences, the ones I attended were very interesting! I was pleasantly surprised to discover that an <strong>ethical research for the use of NFTs existed</strong> and that a <a href="https://www.inthearenasports.com/" target="_blank" rel="noreferrer noopener">NFT golf game project</a> would soon be released.</p>



<p>I was surprised during one of the talks to hear about &#8220;players&#8221; for a project like CryptoPunks. Would any NFT collector be a player by default? It seemed to shine a bad light on <a href="https://nonfungible.com/market-tracker/cryptopunks" target="_blank" rel="noreferrer noopener">CryptoPunks</a> who has been a pioneer and leader in the collectibles segment.</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/2020/05/IMG_8102-1024x683.jpg" alt="" class="wp-image-1840" srcset="http://100.96.1.66:3001/app/uploads/2020/05/IMG_8102-1024x683.jpg 1024w, http://100.96.1.66:3001/app/uploads/2020/05/IMG_8102-300x200.jpg 300w, http://100.96.1.66:3001/app/uploads/2020/05/IMG_8102-768x512.jpg 768w, http://100.96.1.66:3001/app/uploads/2020/05/IMG_8102-1536x1024.jpg 1536w, http://100.96.1.66:3001/app/uploads/2020/05/IMG_8102.jpg 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>NFT.NYC 2020 &#8211; DappRadar presentation</em></figcaption></figure></div>



<p>Regarding my second expectation, the evening before the <a href="https://www.nft.nyc/" target="_blank" rel="noreferrer noopener">NFT.NYC</a> (I was not invited to the “VIP Dinner”) but was very happy to be able to hang out with some major players in the field, with few beers. Being able to put a face to a nickname makes everything way more<em> human</em> and breaks the virtual barrier.</p>



<p>Acknowledging the &#8220;friendly faces&#8221; greatly facilitated &#8220;off&#8221; conference exchanges and allowed me to create a link that you actually can’t build online.</p>



<p>The time has come to introduce myself as an active actor in the field and part of the NonFungible team, the project is mostly embodied by Zoup and Dan so far!</p>



<p><em>(I hope my English was understandable and my accent was not too horrible to hear! 😉 )</em></p>



<p>My last expectation, which is no longer a secret, has been perfectly fulfilled! I was able to meet <a href="https://josie.io/" target="_blank" rel="noreferrer noopener">Josie</a>, discuss with her about her background and get advice about how to kick-off my activity as a &#8220;crypto-artist&#8221;.</p>



<p>I had a lot of questions about how to jump on this crypto-journey and the answers she gave me helped me define the place I really wanted to take in the crypto universe.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="474" src="http://100.96.1.66:3001/app/uploads/2020/03/nft-nyc-josie-stand-1024x474.jpg" alt="nft nyc josie stand" class="wp-image-18301" srcset="http://100.96.1.66:3001/app/uploads/2020/03/nft-nyc-josie-stand-1024x474.jpg 1024w, http://100.96.1.66:3001/app/uploads/2020/03/nft-nyc-josie-stand-300x139.jpg 300w, http://100.96.1.66:3001/app/uploads/2020/03/nft-nyc-josie-stand-768x356.jpg 768w, http://100.96.1.66:3001/app/uploads/2020/03/nft-nyc-josie-stand.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em>NFT.NYC 2020 &#8211; Josie Bellini stand</em></figcaption></figure></div>



<h2>Great but expensive experience</h2>



<p>The marketing aspect of the projects was omnipresent, which made me think of a big meetup rather than a series of conferences where the interaction with the speaker isn&#8217;t limited to two questions at the end.</p>



<p>But even if I was expecting a little more workshop or interactivity, I am globally <strong>extremely satisfied with this first NFT experience</strong>, and to have been able to attend the event.</p>



<p>I think it is important to point out that it is <strong>a significant cost to have access to these conferences for individuals</strong> but, being really interested in the NFT-world / blockchain gaming, it was a doorway that seemed to be essential to continue to evolve in this sector.</p>



<p>I intend to continue being an NFT trend analyzer and game reviewer but I come out of NFT.NYC with a strong desire to get personally involved in the blockchain-based art world. This life choice is going to be fraught with obstacles, but I know that the opportunity to be a pioneer in a new technology that I am passionate about doesn&#8217;t show up twice in a lifetime!</p>



<p>It was a chance for me to have been able to participate under <a href="https://nonfungible.com/" target="_blank" rel="noreferrer noopener">NonFungible.com</a> colours and in that, I warmly thank the team for supporting me in my personal art projects!</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="645" src="http://100.96.1.66:3001/app/uploads/2020/05/work-of-art-1024x645.png" alt="" class="wp-image-1842" srcset="http://100.96.1.66:3001/app/uploads/2020/05/work-of-art-1024x645.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/work-of-art-300x189.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/work-of-art-768x484.png 768w, http://100.96.1.66:3001/app/uploads/2020/05/work-of-art.png 1371w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption><em><a href="https://makersplace.com/besancia/neon-faces-1-of-1-27619/" target="_blank" rel="noreferrer noopener">Neon Faces</a> &#8211; Besancia</em></figcaption></figure></div>



<p><strong>Looking forward to continuing to build this community together that is growing day by day!</strong></p>


On February 20th, 2020, I had the opportunity to participate in my first conference dedicated to NFTs. These are my feelings and feedback from a very first experience in this dynamic and surprising ecosystem.

NFT.NYC 2020: First-time user experience


<p>We are extremely proud and excited to announce the official release of our 2019 Annual Report on the non-fungible token ecosystem. The purpose of this report is to give everyone all the keys to understanding the dynamics and forces that govern the NFT ecosystem economy.</p>



<p>This article provides additional analysis to go further and highlight the trends observable in the report.</p>



<ul><li>Do players regularly play blockchain games?</li><li>Between art, RPG and collectibles which sector is driving the growth of NFT?</li><li>How can we track the overall performance of a blockchain application? What are the metrics to monitor?</li><li>Which projects are the “whales” investing in?</li><li>What type of assets do players speculate on most?</li><li>What is the overall liquidity of the NFTs? And by project?</li><li>What has been the evolution of the NFT Market Cap since the creation of the standard in 2017?</li><li>What can we hope for in 2020? What are the market forecasts?</li></ul>



<div class="wp-block-buttons is-content-justification-center">
<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2019/en/yearly-nft-market-report-free" target="_blank" rel="noreferrer noopener">Download the NFT Yearly Report 2019</a></div>
</div>



<h2>Observation #1 &#8211; 2019 has been a year of stabilization</h2>



<p>The first observation in 2019 is that the overall figures for the year may appear to be below expectations, with a 4% drop in USD traded compared to 2018 and an increase of only 1% regarding active addresses through the year.</p>



<p>These results echo the first trends observed in the first half of 2019, <a href="https://nonfungible.com/news/analysis/blockchain-gaming-markets-overview-s1-2019" target="_blank" rel="noreferrer noopener">and analyzed in our dedicated article</a>.</p>



<p>Our analysis of these numbers is that the ecosystem continues to stabilize following the pre-sale craze that followed the ICO frenzy.</p>



<p>Projects continue to multiply (as made evident by the number of active Smart Contracts), the resulting UX are gradually being resolved, the ecosystem is currently in a phase of consolidation and stabilization. We believe that the industry continues to gain maturity in terms of user experience, good practices, and that it is preparing overall for the challenges that await it in the coming years for mass adoption.</p>



<h2>Observation #2 &#8211; Leaders are heckled by newcomers</h2>



<p>We found the major projects we knew in 2018 without much surprise, but most of them had to leave first place on the podium for a new entrant or a project that has been able to strengthen their position during the year.</p>



<ul><li><a href="https://nonfungible.com/market-tracker/cryptokitties" target="_blank" rel="noreferrer noopener">CryptoKitties </a>remains by far the leader in terms of transactions over the past year, but we can observe a gradual erosion of its volumes during 2019, going from nearly 300,000 transactions per month to just under 100,000.</li><li><a href="https://nonfungible.com/market-tracker/decentraland" target="_blank" rel="noreferrer noopener">Decentraland</a>, which seemed unbeatable from a USD transferred volume standpoint, has given way to two new players who hit the markets in 2019: <a href="https://nonfungible.com/market-tracker/godsunchained" target="_blank" rel="noreferrer noopener">Gods Unchained</a> and <a href="https://nonfungible.com/market-tracker/ethereumnameservice" target="_blank" rel="noreferrer noopener">Ethereum Name Service</a>.</li><li><a href="https://nonfungible.com/market-tracker/mycryptoheroes" target="_blank" rel="noreferrer noopener">My Crypto Heroes</a> maintains its first place in terms of community size with more than 15,000 players over the year, but closely followed by CryptoKitties.</li></ul>



<h2>Observation #3 &#8211; Three (3) projects bring together 50% of the players</h2>



<p>Between January and December 2019, CryptoKitties, 0xUniverse and MyCryptoHeroes 4 times represent more than 50% of the entire blockchain gaming community on Ethereum.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="600" height="260" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-active-wallets.png" alt="" class="wp-image-1824" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-active-wallets.png 600w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-active-wallets-300x130.png 300w" sizes="(max-width: 600px) 100vw, 600px" /></figure></div>



<p>This is the reflection of an ecosystem that is still very polarized around historic players. Note, however, a gradual depolarization compared to the first half of 2018.</p>



<h2>Observation #4 &#8211; The exhaustion of collectibles</h2>



<p>Collectibles were more or less the first major use case of NFT with CryptoPunks and CryptoKitties followed by the hundreds of projects and initiatives which followed with more or less success.</p>



<p>The volumes by project type highlighted the collapse of collectibles in favor of other use cases.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-active-wallets-by-topology.png" alt="" class="wp-image-1825" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-active-wallets-by-topology.png 1280w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-active-wallets-by-topology-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-active-wallets-by-topology-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-active-wallets-by-topology-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-usd-transferred-by-topologuy.png" alt="" class="wp-image-1826" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-usd-transferred-by-topologuy.png 1280w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-usd-transferred-by-topologuy-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-usd-transferred-by-topologuy-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-usd-transferred-by-topologuy-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1280" height="720" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-tx-volume-by-topology.png" alt="" class="wp-image-1827" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-tx-volume-by-topology.png 1280w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-tx-volume-by-topology-300x169.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-tx-volume-by-topology-1024x576.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-tx-volume-by-topology-768x432.png 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></figure></div>



<h2>Observation #5 &#8211; Art, TCG &amp; RPG &#8211; The major trends for the upcoming years?</h2>



<p>Conversely, the projects mixing Art and Blockchain have experienced a certain boom, seeing their statistics more than triple during the year. Although volumes remain small compared to other project typologies, this growth is one of the strongest identified over the year.</p>



<p>RPGs came in second place in terms of player volumes, while TCGs more than doubled their transaction volume and active addresses.</p>



<h2>Observation #6 &#8211; Whales are (slowly) diversifying their portfolio</h2>



<p>Most of the speculation has been going on Decentraland so far, but in 2019 we saw a gradual diversification of investment from historic pinball machines.</p>



<p>Among the projects that now attract pinball machines, we can count Somnium Space, Gods Unchained, CryptoVoxels but also Blockchain Cuties and CryptoSpaceCommander, for volumes often close to $100,000 per project.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="886" height="45" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-whales.png" alt="" class="wp-image-1828" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-whales.png 886w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-whales-300x15.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-whales-768x39.png 768w" sizes="(max-width: 886px) 100vw, 886px" /></figure></div>



<h2>Observation #7 &#8211; Champions of Engagement vs. Market Champions</h2>



<p>Two main typologies emerged from the NFT IDs:</p>



<ul><li>Engagement Champions</li><li>Market Champions</li></ul>



<p>The champions of engagement offer a user experience that is truly attractive to the greatest number, and have already attracted a large volume of players. Their focus is not on the value of assets and the game logic does not encourage speculation, but the use of assets.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="709" height="673" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-id.png" alt="" class="wp-image-1829" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-id.png 709w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-id-300x285.png 300w" sizes="(max-width: 709px) 100vw, 709px" /><figcaption><strong><em>Their map essentially expands to the upper left corner.</em></strong></figcaption></figure></div>



<p>In contrast, some projects have very active markets backed by high-value assets (more than $100 on average). Having a dense market does not necessarily reflect a rich experience for the end user or even a bright future as a game.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="709" height="673" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-id-2.png" alt="" class="wp-image-1830" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-id-2.png 709w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-id-2-300x285.png 300w" sizes="(max-width: 709px) 100vw, 709px" /><figcaption><strong><em>The map of these projects tends to develop towards the lower left corner, sometimes to the detriment of the rest of the map.</em></strong></figcaption></figure></div>



<h2>Observation #8 &#8211; Almost 90% of the NFTs have not circulated during the past year</h2>



<p>Although NFT marketplaces are experiencing considerable growth and undoubtedly play a crucial role in the ecosystem, data collected in 2019 showed that just over 10% of the assets created circulated over the year. It is interesting to note that the rate is identical to that observed over the previous year.</p>



<p>So while the economic dimension of the NFT ecosystem provides an interesting glimpse into the financial health of the industry, it currently only relates to a small portion of its assets.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="378" height="447" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-transferred.png" alt="" class="wp-image-1831" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-transferred.png 378w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-transferred-254x300.png 254w" sizes="(max-width: 378px) 100vw, 378px" /></figure></div>



<h2>Observation #9 &#8211; NFTs represent a value creation of more than $200M</h2>



<p>The Market Cap of the NFT ecosystem, all projects and all assets totaled $210M in 2019, with a Market Cap forecast of $315M.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="1204" height="615" src="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-marketcap.png" alt="" class="wp-image-1832" srcset="http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-marketcap.png 1204w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-marketcap-300x153.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-marketcap-1024x523.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/nft-yearly-report-2019-nft-marketcap-768x392.png 768w" sizes="(max-width: 1204px) 100vw, 1204px" /></figure></div>



<p>This Market Cap was calculated by multiplying the volume of assets of each project by the average market value of these assets.</p>



<p>This Market Capitalization is interesting to study since it represents a creation of gross value of more than $200MM from scratch in less than two years.</p>



<h2>Observation #10 &#8211; New KPIs &#8211; reflections of a more mature ecosystem</h2>



<p>This new edition of the report was the opportunity to publish brand new indicators which allow us to better understand the reality of the ecosystem as a whole but also project by project. Whether it is a snapshot over the year or an evolution month by month or year by year, we will gradually generalize the use of the indicators which seem to us the most relevant, such as:</p>



<ul><li>Penetration rate</li><li>Isolation Rate</li><li>Liquidity rate</li><li>Trends per category of project</li><li>NFT IDs, based on all the previous metrics</li></ul>



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<div class="wp-block-button"><a class="wp-block-button__link" href="https://nonfungible.com/reports/2019/en/yearly-nft-market-report-free" target="_blank" rel="noreferrer noopener">Download the NFT Yearly Report 2019</a></div>
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The most exhaustive and comprehensive analysis about the NFT space has just been published. Everything you need to know about non-fungible tokens in 2019.

NFT Yearly Report 2019 is live!


<p>2019 has been a fascinating year! We have seen some pretty deep upheavals in the non-fungible token ecosystem, the industry has matured considerably, and we can&#8217;t wait to see what 2020 has in store!</p>



<p>However, a growing ecosystem inevitably brings with it some fraud attempts, and marginal behavior. In this article, we have chosen to shed light on these behaviors, <strong>without pointing out</strong> the authors or the projects concerned.</p>



<p>Our goal is above all to alert the public, enhance the critical mind of each, and illustrate how NonFungible.com can bring a little more transparency to these markets.</p>



<h2>Wash Trading</h2>



<h3>How it works</h3>



<p>Most data and analytics platforms propose rankings of the top volume-generating projects. To make a place in these rankings, some projects do not hesitate to set up bots which exchange assets all day long to inflate their volume.</p>



<p>Tracking, data and analytical tools such as NonFungible have become, for some projects, a kind of free showcase, offering high visibility to projects generating high volumes. Some smaller projects have understood the importance of these platforms in the ecosystem and have believed that we would not notice these strategies.</p>



<p>Note however that in the case described below, we cannot determine with certainty who of the publisher, the marketplace, a rogue “investor”, or a simple user testing a bot is at the origin of this wash trading.</p>



<h3>How to spot them?</h3>



<p>We have identified a clear example of wash-trading on an asset, which can be easily identified from <a href="https://nonfungible.com/market-tracker/blockchaincuties?filter=usdPrice=1210,1755&amp;filter=saleType=secondary&amp;length=10&amp;sort=blockTimestamp%3Ddesc&amp;start=0" target="_blank" rel="noreferrer noopener">NonFungible.com Market history pages</a></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="547" src="http://100.96.1.66:3001/app/uploads/2020/05/spiderdex-washtrading-1024x547.png" alt="" class="wp-image-1788" srcset="http://100.96.1.66:3001/app/uploads/2020/05/spiderdex-washtrading-1024x547.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/spiderdex-washtrading-300x160.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/spiderdex-washtrading-768x410.png 768w, http://100.96.1.66:3001/app/uploads/2020/05/spiderdex-washtrading.png 1315w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



<p>Here, we can see an asset (BC # 700086) being exchanged 6 times in less than 24 hours between the two same addresses (cf. wallet thumbnails).</p>



<p>You will note that:</p>



<ul><li>the price is gradually falling, which guarantees that the transaction takes place and that the wallet opposite has the funds required to buy the asset again despite the gas costs spent on each transfer</li><li>transactions are spaced a few hours apart to avoid attracting attention</li></ul>



<p>This strategy is fairly easy to spot to date, because</p>



<ul><li>transactions are generally made between only 2 addresses</li><li>the same asset is in circulation</li><li>the price changes very little between each transaction</li><li>the price is generally high enough to quickly impact the Weekly USD traded volume</li></ul>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="451" height="386" src="http://100.96.1.66:3001/app/uploads/2020/05/washtrading-1.png" alt="" class="wp-image-1789" srcset="http://100.96.1.66:3001/app/uploads/2020/05/washtrading-1.png 451w, http://100.96.1.66:3001/app/uploads/2020/05/washtrading-1-300x257.png 300w" sizes="(max-width: 451px) 100vw, 451px" /><figcaption><em>Wash trading today: lvl 1</em></figcaption></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="452" height="450" src="http://100.96.1.66:3001/app/uploads/2020/05/washtrading-2.png" alt="" class="wp-image-1790" srcset="http://100.96.1.66:3001/app/uploads/2020/05/washtrading-2.png 452w, http://100.96.1.66:3001/app/uploads/2020/05/washtrading-2-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/washtrading-2-150x150.png 150w" sizes="(max-width: 452px) 100vw, 452px" /><figcaption><em>Wash trading tomorrow: lvl 2</em></figcaption></figure></div>



<h3>Fake pre-sale hype</h3>



<h3>How it works</h3>



<p>A pre-sale is an extremely important moment in the life of a project, this is where the project validates its market fit, market traction, part of its business model, and globally proves to its early investors that they were right to invest!</p>



<p>The problem&#8230; is that you can never be sure that all the assets will be sold in the first few hours at the expected price. So to avoid this, some projects decide to buy their own assets.</p>



<p>Absolutely nothing prevents the creators of a project from buying the assets of their own game, but where that poses a problem, is that the success of a pre-sale is also a strong act of communication with the community of NFT stakeholders, which observes a very large quantity of assets sold very quickly, inevitably generating a feeling of FOMO (Fear Of Missing Out).</p>



<p>In a 2019 pre-sale, we have spotted a pre-sale where almost 25% of overall assets were acquired directly by members or employees of the project. 1 of 4 assets have been purchased by its own publishers.</p>



<p><em>(For those who wonder how we were able to reconcile wallet addresses and the project employees, a security flaw made all the e-mail and wallet addresses of the presale visible for a short period of time. It was enough for us to reconcile the volume purchased by address and the Wallets belonging to mail addresses@nameofproject.com)</em></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="334" height="438" src="http://100.96.1.66:3001/app/uploads/2020/05/assets-purchased.png" alt="" class="wp-image-1791" srcset="http://100.96.1.66:3001/app/uploads/2020/05/assets-purchased.png 334w, http://100.96.1.66:3001/app/uploads/2020/05/assets-purchased-229x300.png 229w" sizes="(max-width: 334px) 100vw, 334px" /></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="448" height="568" src="http://100.96.1.66:3001/app/uploads/2020/05/active-addresses.png" alt="" class="wp-image-1792" srcset="http://100.96.1.66:3001/app/uploads/2020/05/active-addresses.png 448w, http://100.96.1.66:3001/app/uploads/2020/05/active-addresses-237x300.png 237w" sizes="(max-width: 448px) 100vw, 448px" /></figure></div>



<h3>How to spot it?</h3>



<p>Unfortunately this strategy is extremely hard to identify. It is always possible to identify the ETH addresses of the developers by their on-chain activities on the project, but all the early investors, marketing, communication and sales teams are generally anonymous from a wallet address standpoint.</p>



<p>As the ecosystem is still in its infancy, we preferred not to point the finger at the projects concerned and hope that they will tighten their actions, becoming more transparent and honest.</p>



<h2>Marketing war</h2>



<h3>How it works</h3>



<p>This strategy has become second nature to the blockchain or NFT ecosystem &#8211; growth hacking techniques, player advocacy, or even &#8220;two step flow of communication&#8221; are not new and are formidably effective. The idea is simple, make your players, investors, readers (your community) spokespeople of your brand through incentive programs and send your hordes of users to spread the word about your project and do your communication work for you.</p>



<h3>How to spot it?</h3>



<p>The real question is rather: how not to spot it? This practice is extremely visible. To distinguish an effective communication approach and a marketing war, you just need to identify some topics on Twitter or Reddit which evoke the NFT ecosystem, trends, reports, newsletter or more or less exhaustive analyzes,&#8230; and pay attention to comments.</p>



<p>You should quickly notice interventions that take the author(s) on, the message always being basically “<strong>If you don&#8217;t talk about this project, your work is worth nothing!</strong>”. Often, you’ll see many users repeat the same statements even when there is little to no volume or on-chain history &#8211; these attacks are a clear indication of these growth-hacking techniques.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="913" height="190" src="http://100.96.1.66:3001/app/uploads/2020/05/funny-marketting.png" alt="" class="wp-image-1793" srcset="http://100.96.1.66:3001/app/uploads/2020/05/funny-marketting.png 913w, http://100.96.1.66:3001/app/uploads/2020/05/funny-marketting-300x62.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/funny-marketting-768x160.png 768w" sizes="(max-width: 913px) 100vw, 913px" /></figure></div>



<h2>Medium Bombing</h2>



<h3>How it works&nbsp;</h3>



<p>On Medium, audience is the key. The platform algorithm highlights the most clapped content. The principle of Medium Bombing is therefore very simple: to have a maximum of claps in a minimum of time in order to be featured as “Top Content” of the platform, whatever your real audience.</p>



<p>So, to guarantee the success of articles, the easiest way is to have a pool of a few hundred bots that will like each of your publications.</p>



<h3>How to spot it?</h3>



<p>At first glance, we just say “Wow! Their articles are hugely successful” but when you take a closer look, you quickly see suspicious things. We have identified a Medium account in the NFT ecosystem which is pretty used to Medium Bombing. The screenshots below are taken from one of these articles.</p>



<p>We see below 11,503 claps for 250 people, an average of 46 claps per person (the maximum being 50) &#8230; wow, people are still passionate about this content!</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="172" src="http://100.96.1.66:3001/app/uploads/2020/05/fake-votes-1024x172.png" alt="" class="wp-image-1794" srcset="http://100.96.1.66:3001/app/uploads/2020/05/fake-votes-1024x172.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/fake-votes-300x50.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/fake-votes-768x129.png 768w, http://100.96.1.66:3001/app/uploads/2020/05/fake-votes.png 1219w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



<p>The Medium today’s TOP featured content has very different statistics &#8230; 28,417 claps for 5,368 people &#8230; in other words, an average of 5 claps per person. Which is the global average on Medium.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1015" height="148" src="http://100.96.1.66:3001/app/uploads/2020/05/moar-fake-votes.png" alt="" class="wp-image-1795" srcset="http://100.96.1.66:3001/app/uploads/2020/05/moar-fake-votes.png 1015w, http://100.96.1.66:3001/app/uploads/2020/05/moar-fake-votes-300x44.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/moar-fake-votes-768x112.png 768w" sizes="(max-width: 1015px) 100vw, 1015px" /></figure></div>



<p>Let&#8217;s take a closer look at the actors who clapped this suspicious article. Several things catch the eye and seem weird:</p>



<ul><li>All names are in Latin characters without exception (no alpha numeric or special characters that could meet display issues)</li><li>No profile photo associated with any of these accounts</li><li>“Classic” names and surnames, an army of “John Doe”</li><li>Formatting of the perfectly identical name: Capital letter at the beginning of the Name and the First name</li><li>No nickname</li></ul>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="855" height="856" src="http://100.96.1.66:3001/app/uploads/2020/05/fake-accounts.png" alt="" class="wp-image-1796" srcset="http://100.96.1.66:3001/app/uploads/2020/05/fake-accounts.png 855w, http://100.96.1.66:3001/app/uploads/2020/05/fake-accounts-300x300.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/fake-accounts-150x150.png 150w, http://100.96.1.66:3001/app/uploads/2020/05/fake-accounts-768x769.png 768w" sizes="(max-width: 855px) 100vw, 855px" /></figure></div>



<p>We can no longer have any doubts when we go to the account of these profiles:</p>



<ul><li>Systematically 2 following (which are always subscribed to the NFT project account)</li><li>Very often 2 followers</li><li>The account clapped ONLY articles from the suspect NFT account (and generally the &#8220;Claps&#8221; tab shows us that the one and only activity of this profile is to clap articles published by the account.</li></ul>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="801" src="http://100.96.1.66:3001/app/uploads/2020/05/fake-account-1024x801.png" alt="" class="wp-image-1797" srcset="http://100.96.1.66:3001/app/uploads/2020/05/fake-account-1024x801.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/fake-account-300x235.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/fake-account-768x601.png 768w, http://100.96.1.66:3001/app/uploads/2020/05/fake-account.png 1083w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="826" src="http://100.96.1.66:3001/app/uploads/2020/05/fake-account-2-1024x826.png" alt="" class="wp-image-1798" srcset="http://100.96.1.66:3001/app/uploads/2020/05/fake-account-2-1024x826.png 1024w, http://100.96.1.66:3001/app/uploads/2020/05/fake-account-2-300x242.png 300w, http://100.96.1.66:3001/app/uploads/2020/05/fake-account-2-768x620.png 768w, http://100.96.1.66:3001/app/uploads/2020/05/fake-account-2.png 1057w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



<h2>Conclusion</h2>



<p>We would like to be able to tell you that no one can lie to the numbers&#8230; but some people are still trying to and taking advantage of these forged analytics. We do know that growing in such a competitive ecosystem is a complicated exercise, but the values and ethics of the industry are essential to establish healthy markets.</p>



<p>The whole NonFungible.com team takes very seriously to track down and reveal the behaviors and drifts that we will observe in the next stages of the development of the NFT ecosystem.</p>


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