NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already

Cointelegraph

Published May 06, 2022 01:38AM ET

Updated May 06, 2022 03:20AM ET

Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the total amount in all of 2021.

According to a report from Chainalysis, investors sent $40 billion worth of cryptocurrency to smart contracts associated with NFT collections and marketplaces throughout 2021.

Source: Chainalysis
Source: Chainalysis

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