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NFT Sales Climb to $2.47B in First-Half 2021: Report
Sales in Q2 were $1.24 billion, in line with $1.23 billion in Q1.
Updated Sep 14, 2021, 1:21 p.m. Published Jul 6, 2021, 8:50 a.m.
Non-fungible token (NFT) sales rose to $2.47 billion in the first half of 2021, according to data by DappRadar.
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- Sales in the second quarter were $1.24 billion, only slightly eclipsing the first-quarter figure of $1.23 billion, Reuters reported Tuesday, citing DappRadar data.
- The figures dwarf those of first-half 2020, when NFT sales totaled $13.7 million, Reuters said.
- This surge represents the explosion in interest around NFTs in the last 12 months, buoyed by platforms such as NBA Top Shot, which have enjoyed considerable popularity.
- The figure for total sales also varies depending on which transactions are included. DappRadar's figure contrasts with NonFungible.com's calculation of $1.3 billion. Neither site tracks "off-chain" transactions, which must be added manually to their data and can lead to disparities.
- It is not clear whether NFT sales have peaked. Sales on NFT platform OpenSea hit a record high of around $150 million in June.
Read more: Berners-Lee NFT Sells for $5.4M at Sotheby’s
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