Try Quests to earn cryptoNFTs in 2022
A retrospective on the NFT market in 2022. NFT project with the highest volume of trades in 2022? Which NFT project had the largest mint by dollar? Which NFT project decreased the most in value this year? Which NFT project gained the most value this year? What was the price of the highest-selling individual NFT? Which NFTs had the longest hold time this year? Which NFT project had the least amount of NFTs listed for sale on an exchange? Which project had the most NFTs listed for sale on an exchange?
All about NFT’s
What Is an NFT?
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos. Although they’ve been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. A staggering $174 million has been spent on NFTs since November 2017.
NFTs are also generally one of a kind, or at least one of a very limited run, and have unique identifying codes. «Essentially, NFTs create digital scarcity,» says Arry Yu, chair of the Washington Technology Industry Association Cascadia Blockchain Council and managing director of Yellow Umbrella Ventures. This stands in stark contrast to most digital creations, which are almost always infinite in supply. Because an NFT allows the buyer to own the original item.
How Is an NFT Different from Cryptocurrency?
Crypto’s fungibility makes it a trusted means of conducting transactions on the blockchain. NFTs are different. Each has a digital signature that makes it impossible for NFTs to be exchanged for or equal to one another . One NBA Top Shot clip, for example, is not equal to EVERYDAYS simply because they’re both NFTs.
Essentially, NFTs are like physical collector’s items, only digital. So instead of getting an actual oil painting to hang on the wall, the buyer gets a digital file instead. NFTs’ unique data makes it easy to verify their ownership and transfer tokens between owners.
What Are NFTs Used For?
In addition, artists can program in royalties so they’ll receive a percentage of sales whenever their art is sold to a new owner. This is an attractive feature as artists generally do not receive future proceeds after their art is first sold. Art isn’t the only way to make money with NFTs.
How to Buy NFTs?
First, you’ll need to get a digital wallet that allows you to store NFTs and cryptocurrencies. You’ll likely need to purchase some cryptocurrency, like Ether, depending on what currencies your NFT provider accepts.
Popular NFT Marketplaces
Once you’ve got your wallet set up and funded, there’s no shortage of NFT sites to shop. Currently, the largest NFT marketplaces are:
-
OpenSea.io: This peer-to-peer platform bills itself a purveyor of “rare digital items and collectibles.” To get started, all you need to do is create an account to browse NFT collections. You can also sort pieces by sales volume to discover new artists.
-
Rarible: Similar to OpenSea, Rarible is a democratic, open marketplace that allows artists and creators to issue and sell NFTs. RARI tokens issued on the platform enable holders to weigh in on features like fees and community rules.
-
Foundation: Here, artists must receive “upvotes” or an invitation from fellow creators to post their art. The community’s exclusivity and cost of entry—artists must also purchase “gas” to mint NFTs—means it may boast higher-caliber artwork. For instance, Nyan Cat creator Chris Torres sold the NFT on the Foundation platform. It may also mean higher prices — not necessarily a bad thing for artists and collectors seeking to capitalize, assuming the demand for NFTs remains at current levels, or even increases over time.
Should You Buy NFTs?
«NFTs are risky because their future is uncertain, and we don’t yet have a lot of history to judge their performance,» she notes. «Since NFTs are so new, it may be worth investing small amounts to try it out for now». In other words, investing in NFTs is a largely personal decision. If you have money to spare, it may be worth considering, especially if a piece holds meaning for you.
According to what we see in the charts above
Mints NFT :
Unique transaction is about 28.52 Million transaction with 3.63 Million Unique Wallet and about 3,67 Million unique Tokens and 158.5 Thousand project
Secondary sales:
Unique transaction is about 19.31 Million transaction with 1.63 Million unique wallet and 1.1 Million unique tokens and about 39.7 Thousand project.
According to what we see in the charts above
Mints NFT :
Total volume is about 15.313 Billion$
Average volume is about 178 $
Maximum volume is about 73.85 Million $
Secondary Sales :
Total volume is about 52.89 Billion $
Average volume is about 2067 $
Maximom Volume is about 50.60 Million $
At first, we will see the total time, we can see the number and volume of transactions in the above graphs. As it is very evident, the number and volume of NFT transactions in 2022 is much higher than in previous years.
We have shown the graphs in logarithmic form for better shape .
Opensea has the highest number of transactions ,Projects and Tokens compared to other marketplaces.
opensea with 17.80 Million transaction and 1.08 Million unique tokens and 37.7 Thousand unique projects is in the first rank.
According to the chart in total volume of sales looksrare is in the first rank and opensea is in second rank.
Marketplace
In the 2 graphs below, we have an overview of the number of transactions and the total volume in different months of 2022.
Of course, the graph shows as a percentage of mint and secondary sales.
According to the diagram in front of us, we see what we have average volume mint in January which is more than other months is about 6477 $ and average volume secondary sales in January which is more than other months is about 474.3 $
Monthly state
According to the chart we have most minted project in September and sold project in November
according to the chart we have most minter in September and Purchasers in January.
According to the chart in front of us, we have the most Volume of mint/Secondary Sales in January with about 16.5 Billion $ in Secondary sales NFT and 2.29 Billion in Mint NFT
According to the chart in front of us, we have the most number of mint in September and July and the most number of secondary sales in January
As you can see in the graphs presented in percentage form, you can see an overview of the number and volume of NFTs traded in different marketplaces.
according to the chart Uniswap v3 :positions NFT (uni-V3-POS) is the most total mint volume compared to the rest of the NFT with about 11.54 Billion $
If we want to look at the average sale volume Dotdotdots and Terraforms have the highest average volume among NFTs.
according to the chart Terraforms and meebits is the most total sale volume compared to the rest of the NFT with about 12.19 Billion $ and 9.6 Billion $.
all about NFT projects
- NFT project with the highest volume of trades in 2022?
- Which NFT project had the largest mint by dollar?
- Which NFT project decreased the most in value this year?
- Which NFT project gained the most value this year?
- What was the price of the highest-selling individual NFT?
- Which NFTs had the longest hold time this year?
- Which NFT project had the least amount of NFTs listed for sale on an exchange?
- Which project had the most NFTs listed for sale on an exchange?
According to the chart in front of us, we can see that more loot and Gates of Oxya have the highest value gained compared to other NFTs.
According to the chart in front of us, we can see that Dreadfulz and More loot have the most $usd gained value in 2022.
According to the chart in front of us, we can see that Terraforms and Meebits have the most $usd lost value in 2022.
According to the charts above, we can see that 52.6% of NFTs Decreased their value and 47.4% of them Increased their value.
23.4% Lose between 75 and 100 percent of their value
10 % Lose between 50 and 75 percent of their value
6.13% Lose between 25 and 50 percent of their value
4.57 % Lose between 10 and 25 percent of their value
8.48% lost less than 10 percent
according to the chart above, 59.3 percent average holding period of NFT less than 1 week and 23.6 percent between 1 week and 1 month.
average holding time of NFT during the year 2022 is 15.75 days.
Metabad Donuts and Portals and Doodleddoge and … is top longest average holding time in 2022
according to the chart above Ens with about 218 Thousand sold token is in the first rank and Art Blocks is in the second rank and The Otherside is in third rank.
18.4 percent of the project with 1 token
26.3 percent of the project with 2 until 10 token
22.2 percent of the project with 11 until 100 token and ….
3.52 percent of the project with more than 10000 tokens
Crypto cloud punks and Leprechauntown_wtf_v2(LTWTF2) is most sold/minted token ratio in 2022.
PhantomNetwork and Servant is least sold/minted token ratio in 2022.
As shown in the figure above, 55.9% of the project are only sold less than 10% their token.
Conclusion
Terraforms and meebits is the most total sale volume compared to the rest of the NFT with about 12.19 Billion $ and 9.6 Billion $.
Metabad Donuts and Portals and Doodleddoge and … is top longest average holding time in 2022
Ens with about 218 Thousand most number of sold token,
Dreadfulz and More loot have the most $usd gained
Terraforms and Meebits have the most $usd lost value
Discord: Sagharkari#0109
Twitter: @sagharkflipsid1
Tweet Link For This Dashboard:
The code’s credit is for alik110 in Discord