Non-fungible tokens (NFT): the plots of metaverse are coming in force.
A fundamental trend? In recent weeks, sales of virtual parcel non-fungible tokens (NFTs) have been decisive. Focus on the reasons for this craze for metaverse.
NFT’s sales of digital plots continue to grow
If we look at the data aggregator of Nonfungible.com, we see that the non-fungible token project that has collected the most volume over the past week is The Sandbox. The digital plots in the form of NFT thus made it possible to transport 70.5 million dollars in seven days.
We also note that another metaverse project, Decentraland, is also placed in the sixth position in terms of volume:
Top NFT Projects by Weekly Volume- Source: Nonfungible.com
Among the most significant NFT sales of the past seven days was a digital parcel of Decentraland, which traded for $758,250.
In total, for the “metaverse” category, sales exceeded $60 million, with 4,185 unique sales. This development corresponds to 20% of the $300 million in sales for all types of NFT. On a monthly scale, the progression is evident:
Growth in USD sales of metaverse NFTs- Source: Non-fungible.com
Metaverse and their digital plots come to the fore
Analysis site DappRadar noted the trend a week ago in a report on the subject. He said that the four main metaverse projects – namely The Sandbox, Decentraland, Cryptovoxels and Somnium Space – had garnered the attention of more than 6,000 investors in a week.
He also noted that the prices of digital plots available as NFTs continue to climb, showing that interest is growing:
“Metaverse plots are without a doubt the next big hit for the NFT industry. The wave of attention for digital worlds like The Sandbox or Decentraland started when Facebook renamed itself to Meta.”
The big brands have indeed started to take an interest in the subject. Recently, Adidas has also entered the field, and the creators of Pokémon have also scented the vein.
If, for the moment, “collectable” type NFTs, such as CryptoPunks or the Bored Ape Yacht Club project, largely dominate in terms of volume, we, therefore, note this unprecedented breakthrough in metaverse tokens. It’s also a safe bet that other big brands will follow the trend in the weeks and months to come.
