The NFT will move about 800,000 million dollars

A report revealed the growth in the next two years in terms of transactions with non-fungible tokens

A report prepared by Coingecko determined that the NFT market has a projection for the next two years of 800,000 million dollars in transactions.

“The metaverse sector is forecast to move close to $ 800 billion over the next two years, with gaming appearing to be the most likely entry point into the NFT market,” the report noted.

The report, which used mostly Asia-Pacific investors, highlighted that out of 871 respondents, some 72% of them already own NFTs, with more than 50 % reporting five or more.

Research shows that investors are projected to grow 43.6 % between 18 and 30 years old and 45.2 % between 30 and 50 years old.

The report revealed that when evaluating NFTs before purchasing, most respondents (38.5 %) were interested in the lowest price, with only 23 % and 21.8 % selecting “strong community” and “artistic value/ attachment”, respectively.

K. Tovar

Source: Cointelegraph

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