33 Fascinating NFT Statistics for 2022

33 Fascinating NFT Statistics for 2022

NFTs, or non-fungible tokens, have become increasingly popular over the past few years.

You hear about someone buying or selling NFTs for a sizable amount of money almost every other week, and now more than ever, NFTs are really making history. 

There are many statistics about NFTs that would really surprise and fascinate you, so we’ve put together a list of 33 that you definitely need to know about. So let’s dive right in! 

What's Ahead...

1. The Nyan Cat GIF Sold For $590,000 In Cryptocurrency 

If you’re a Millenial, chances are you remember Nyan Cat and its popularity like it was yesterday.

But did you know that the original Nyan Cat GIF was actually sold as an NFT last year? Not only was it sold, but it was sold for over half a million dollars! 

As of 2022, Nyan Cat is over 10 years old, so to think it still ended up being worth that much as an NFT is quite incredible. 

2. The Most Valuable NFT Is Worth Over $91.8 million

You hear about some NFTs selling for ridiculously high prices, but did you know that the expensive and valuable NFT actually sold for over $91.8 million? 

“The Merge” by Pak was sold for this impressive amount in December of 2021. Over 30,000 collectors pitched into the sale, which is what helped in making “The Merge” the most valuable NFT of all time. 

3. 23% Of Millennials In The United States Collect NFTs

It should come as no surprise that there is a significant percentage of Millennials in America who collect NFTs.

Millennials grew up collecting things like Pokemon cards and Beanie Babies, so it really does make sense that this generation has taken that collecting habit over to the digital world. 

There has been a recent survey that discovered that 1 in 3 adults within the United States collects some kind of physical item and this can be as a hobby, investment, or both. 

4. In 2021, Almost $41 Billion Worth Of Crypto Was Spent On The NFT Marketplace

In 2021, the NFT marketplace grew in value to $41 billion.

This statistic was brought together by blockchain analytics firm Chainalysis Inc. One of the main reasons the NFT marketplace grew in value was because of the COVID-19 pandemic. 

Less people were buying conventional and physical art because the places they’d usually go to buy them were closed. This allowed the NFT marketplace to really optimize its sales and popularity. 

5. The Very First NFT Emerged In 2014 

NFTs haven’t actually been around for that long, which might surprise some people. The first NFT came to be around 5 years after Bitcoin. 

The very first NFT was created by Kevin McCoy in May of 2014. He minted the very first NFT, “Quantum”, and it sold for $1.4 million at a Sotheby auction in November 2021. 

6. Nft Art Sales On Nifty Gateway Have Surpassed $250 Million

Nifty Gateway is one of the most popular digital art marketplaces for NFT art. It was launched in 2018, but it grew in popularity and its revenue quickly rose. 

As of December 2020, the art sales of Nifty Gateway rose to $29.54 million. In February 2021, they rose again to $76.79 million, and then they rose again in March 2021 to $105.71 million. 

Today, NFT art sales on Nifty Gateway have completely surpassed $250 million. 

7. 4. Millennials Are 3 Times More Likely To Buy NFTs Than Gen Z

We already know that 23% of Millennials in the US make up the buyers of NFTs, but it might surprise you to know that Millennials are actually more likely to buy NFTs than members of Gen Z are. 

The reason for this comes back to that ingrained need to collect things that we previously mentioned. This collecting need wasn’t as ingrained into Gen Z as it was with Millennials, and you can see this through NFT sales. 

8. Over 50% Of All Nft Sales Are Below $200

A common misconception about NFTs is that they all sell for millions of dollars, but actually, over 50% of NFT sales are actually below $200. 

Most of the NFTs that fall into this bracket actually sell for even less than $200. Most sell for around $100 or even less. 

9. The Country Most Interested In NFTs Is China

China is a very advanced and rich country already, with the highest population of people, so it shouldn’t come as a surprise that they are also the country most interested in NFTs. 

Not far behind China are Singapore, Venezuela, and Hong Kong in terms of places most interested in NFTs. 

10. It Costs Around $100 To Mint And Sell NFTs

If you’re considering selling your own NFTs, then you should know how much it costs to actually do that. Besides just selling your NFTs, you need to Mint it first, and overall you will be spending around $100 to do this. 

Though the average cost to mint and sell NFTs is $100 this price can vary anywhere between $100 to $1000, depending on where you go to do it.

The reason it can get so expensive is because of the use of blockchain technology. 

11. Collectable NFTs Are The Most Popular Kind

There are lots of different types of NFTs, but the most popular kind that sells for the most are collectible NFTs. 

This comes back to the interest Millenials have in collecting things. That interest has has a direct effect on the NFT market and is one of the main reasons these collectible NFTs are the most popular kind. 

12. Thousands Of NFT Sales Are Being Made Every Single Day

Though you might not hear about them personally, there are actually thousands of NFT sales happening every single day.

Around 15,000 to 50,000 sales happen each week which is a huge increase since 2017, which only saw around 100 sales happening every week. 

The increasing popularity of NFTs means these daily and weekly sales will continue to increase and we could eventually see hundreds of thousands of sales being made daily. 

13. New Forms Of NFTs Are Being Minted All The Time

NFTs are being created and minted literally all the time, every single day. Because you can make an NFT out of practically anything, this makes it a lot easier for them to be made.

The minting and creation processes of NFTs are also way more accessible today than it was even 3 years ago, which means more people can do it with no complications. 

You don’t even have to sell art, you can sell anything as an NFT. The creator of Twitter, Jack Dorsey sold his very first tweet as an NFT for $2.9 million, so if you want to make an NFT, just get creative about it!

14. There Are Around 360,000 Nft Owners As Of 2021

There are currently around 360,000 NFT owners who have a value of $2.7 million between them. This number will most likely grow by the end of this year. 

15. The Most Expensive Meme NFT Sold For $4 Million

This further proves that quite literally anything can be turned into an NFT and can sell for a lot of money. The meme in question was the very well-known and popular Doge Meme and it sold for $4 million.

The Doge Meme was actually intended to be sold in 17 billion individual pieces to collectors all over the world. 

16. California Buys More NFTs Than Any Other State

Both Los Angeles and San Francisco hold the record for being the top cities that buy NFTs, and they are followed by San Jose, and San Diego, which are both in California too.

Because of this, California statistically buys more NFTs than any other state in all of America. Hawaii is second, behind California, and Nevada is third. 

17. More Than 70% Of Americans Still Don’t Know What An NFT Is

Although California may be the state that buys the most NFTs and NFTs are really popular, did you know that 70% of Americans still don’t actually know what NFTs are? 

This isn’t just exclusive to the United States either. In Germany, 82.6% of people don’t know what an NFT is and in Japan, 90% do not know what an NFT is. 

18. Men Are 3 times More Likely To Buy NFTs Than Women

Though women do buy NFTs, men are statically more likely to buy them. This statistic has a lot to do with each gender’s collecting habits, and that’s why men are more likely to buy them. 

19. However, In Thailand, Women Are More Likely to Buy NFTs Than Men

This sort of contradicts the last statistic, but it is 100% true. In Thailand, 30% of women have purchased NFTs, whereas only 23% of men buy them. 

This is exclusive to Thailand though, so overall, men still buy NFTs more than women, but in Thailand, this isn’t the case at all! 

20. Eminem Sold An Nft Collection For $1.78 Million

Even celebrities have jumped on the NFT trend! American rapper Marshall Mathers, aka Eminem, actually sold his first collection of NFTs for $1.78 Million. The name of his collection was SHADYCON. 

21. Canadian Singer/songwriter Grimes Has Also Sold NFTs Worth £7 Million

Claire Elise Boucher, aka Grimes, the Canadian singer-songwriter has also jumped on the NFT bandwagon, but she has actually sold thousands of NFTs. 

Grimes actually holds the record for one of the most successful and best-selling NFT drops in history. She actually sold thousands of NFT copies of her album for $7500 each. She ended up making about $7 million altogether. 

22. The First Nft That Sold For $1 Million Was Sold In 2018

An art NFT called “Forever Rose” ended up being the first NFT to be sold for $1 million.

At the time it was put on the market, NFTs had not gained the popularity they are now known for, but once this did happen, “Forever Rose” sold for this amount of money. 

On the day of the sale, ten buyers paid 100k for 1/10ths of what the artist called an “eternity rose”. 

23. About 28.6 Million Wallets Traded Nf Ts In 2021 Alone

In 2020, there was only $94.9 million in NFT sales volumes, but by 2021, these NFT sales volumes increased dramatically to $24.9 billion. 

This had a lot to do with the number of wallets that were being used to trade NFTs. In 2020, there were only 545,000 being used in 2020, but in 2021, the wallet number increased to 28.6 million. 

24. OpenSea Is The Largest NFT Marketplace

There are lots of NFT marketplaces out there, but the largest is OpenSea. It currently has a trading volume of $6.5 billion. 

OpenSea has also helped competitors, such as Axie Infinity, in broadening their reach. 

25. NFT Sales Grew 131 Times From 2020 Q1 To 2021 Q1

Between the first quarter of 2020 and the first quarter of 2021, the NFT market had an astronomical growth of 13118%. 

The reason this happened is that the NFT marketplace saw a massive surge in both buyers and sellers as NFTs trended more and grew in popularity. 

33 Fascinating NFT Statistics for 2022

It is difficult to know the exact number of buyers and sellers actually out there because it’s hard to track all of the wallets, but with the 13118% growth, it’s safe to say that there are millions of wallets out there!

26. Over A Third Of ESports Fans Are Interested In NFTs

A survey was completed in 2021 to see what eSports fans thought of NFTs. Out of 2,200, around 20% said they were extremely interested in NFTs and buying them, both as a hobby and an investment.

Another 35% said they were at least somewhat interested in buying NFTs. 

27. Nearly 2000 NFTs Were Launched On Nifty Gateway In Only The First Four Months Of 2021

In May 2020, 31 NFTs were launched on Nifty Gateway. By December of the same year, that number had reached 332. 

By March 2021, there were over 688 NFTs on Nifty Gateway. This number has continued to grow and develop as more artists are turning their works into NFTs. 

28. In 2020, Online Art Sales Doubled 

The popularity of NFTs has heavily impacted the sales of online and digital art. 

In 2020 alone, the sales of online and digital art have risen to $12.4 billion. This continues to grow as the years go on, and by the end of 2022, we should see a heavy increase in this number. 

29. Beeple Sold His First Physical Work For $30 Million

Beeple is a digital and virtual artist who once held the record for the most expensive NFT ever sold. He ended up selling his first physical piece of artwork for $28.9 million at Christie’s. 

The thing that makes this so fascinating is that it was only valued at $15 million. It’s safe to say that the influence and popularity of NFTs definitely had an impact on how his physical work sold. 

30. Trading Volume Of NFTs Added Almost $11 Billion In Q3

Going back to yearly quarters, the trading volume of NFTs saw a huge surge in profit during its third quarter. During this specific period, the trading volume of NFTs reached $11 billion. This actually means that it increased 700% from the previous quarter. 

31. The Most Expensive NFT Video Was Sold For $7 Million

At the beginning of 2021, Beeple created a 10-second video that ended up being sold for $7 million. 

This video that Beeple created holds the record for the most expensive NFT video ever sold. 

32. March 2021 Saw 40,000 Unique NFT buyers

March 2021 was a specifically great month for NFT revenue.

In this month alone, there were over 40,000 buyers of NFTs, which was a massive jump from 2020, which saw on average around 10,000 buyers. This means that by the end of March 2021, there was an increase of over 450%. 

33. The NFT Market Has Increased Almost Tenfold In Just Two Years

Between 2018 and 2020, the NFT market saw an almost tenfold increase in the market cap.

This had a lot to do with the fact that more people were buying NFTs during the COVID-19 pandemic and the popularity of NFTs received a massive boost. 

Conclusion

NFTs have not been around for very long in the grand scheme of things, but there is no doubt that the whole market has increased in popularity and net worth in next to no time at all. 


NFTs will likely continue down this path and make ridiculous amounts of money within the next 10 years.

Hopefully, you’ve found these statistics really interesting and they have helped you understand the NFT marketplace a little bit more. 

There are hundreds of thousands of NFTs out there, so go have a look at some for yourself!