25% of NFT owners have a collection of 51 or more – CoinGecko Report

NFT

Crypto information web site CoinGecko has launched survey findings indicating that almost all of nonfungible token (NFT) holders personal 51 or extra NFTs, whereas those that solely maintain a single NFT comprised the smallest group among the many respondents.

Printed on April 6, the CoinGecko report examined 438 responses from Dec. 2022 to Jan. 2023 along with Blockchain Analysis Labs.

At the least 1 in 4 NFT holders (26.5%) stated that they’re “avid collectors” with 51 or extra NFTs on the time of the survey, with the report noting this group doubtless represents people who find themselves probably the most obsessed with NFTs. It famous:

“This implies that individuals not often cease collaborating in NFTs after their first one.”

It was intently adopted by holders holding between 2 and 5 NFTs (17.6%), whereas those that held only one NFT accounted for a mere 4.8%.

Supply: coingecko.com

Nearly 4 out of each 10 folks surveyed (38.8%) acquired their first NFT throughout the first bull market of 2021.

Regardless of 2022 seeing crypto enter a bear market, it nonetheless recorded the second-highest inflow of latest NFT collectors over the previous 5 years, with simply over 25% buying their first NFT throughout the 12 months.

Supply: coingecko.com

In the meantime, solely 2.9% received their first NFT in 2017, the identical 12 months wherein Crypto Kitties and CryptoPunks had been launched.

It was famous that NFT improvement might speed up adoption in 2023, noting Bitcoin ordinals and Stamps NFTs, in addition to Blur overtaking OpenSea to change into the highest NFT market.

Associated:OpenSea superior NFT market sparks combined neighborhood reactions

In latest information, OpenSea launched OpenSea Professional on April 5, an NFT market aggregator geared toward serving the wants {of professional} customers, which is a refined model of NFT aggregator, which OpenSea acquired in April 2022.

Journal: NFT Creator, The Sarah Present: Analog childhood meets dizzying digital future