5 Best Digital Art Collections As NFT Sales Reach $ 293 Million By BTC Peers

0


5 best digital art collections as NFT sales hit $ 293 million

Over the past two years, the cryptocurrency explosion has helped a new sector reach all-time highs. The new industry that has exploded while leveraging cryptocurrency is digital collectibles, commonly referred to as NFTs.

2021 has been a fantastic time for NFTs, with total sales exceeding $ 12 billion as investors and entrepreneurs flock to the new Web3 marketplace. NFTs, like cryptocurrencies, use blockchain technology to maintain a digital record of ownership. They were originally published on, the identical blockchain that underlies the cryptocurrency ether, and most NFTs are still only available for purchase with Ether.

According to NonFungible.com, NFT sales reached $ 292 million last week. With NFT sales soaring, NonFungible has compiled a list of the top five selling NFT collections over the past week. NFT’s sales totaled $ 293 million last week. These are the top five digital art collections in terms of sales.

Also Read: NFT Museum Positioned As The Largest Digital Art Exhibition In The Metaverse

Bored Ape Yacht Club (BAYC): BAYC is a set of 10,000 NFT Bored Ape, unique digital collectibles that live on the Ethereum blockchain. Your Bored Ape also serves as a Yacht Club membership card, giving you access to exclusive member benefits. BAYC made 695 sales in seven days with a total sales volume of $ 52.2 million, and the average sale was valued at $ 75,107.

The Sandbox: Users are in control of their territory and are free to host their creative magic on The Sandbox, a community-run UGC-voxel platform. The sandbox had total sales of 2,182 over a seven-day window, with a total sales volume of $ 33.1 million and an average sale of $ 15,169.

CryptoPunks: The Ethereum blockchain stores proof of ownership of 10,000 distinct collectible characters. The initiative that gave birth to today’s CryptoArt movement. CryptoPunks made 38 sales in seven days with a total sales volume of $ 17.5 million, and the average sale was valued at $ 460,526.

Art Blocks: A marketplace for truly programmable, on-demand generative art directly stored on the Ethereum blockchain. Art Blocks made 2,737 sales in seven days with a total sales volume of $ 13.2 million, and the average sale was valued at $ 4,822.

Decentraland: The Ethereum blockchain powers Decentraland, a virtual reality network. Content and applications can be created, experienced and monetized by users. Decentraland made 339 sales in seven days with a total sales volume of $ 6.6 million, and the average sale was valued at $ 19,469.

Continue reading on BTC Peers

Warning: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by market makers. The prices may therefore not be exact and differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will not accept any responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.


Share.

Comments are closed.