$109,993.00
2.16%$2,599.62
6.19%$2.29
4.85%$663.80
0.81%$155.78
4.77%$0.999882
-0.00%$0.283393
0.66%$0.174806
8.55%$2,598.59
6.20%$0.606813
8.87%$109,939.00
2.17%$40.96
6.33%$3,141.24
6.29%$3.05
11.28%$505.14
0.38%$13.91
6.47%$9.01
0.83%$18.97
8.05%$0.245056
5.92%$0.999811
-0.01%$2.92
3.63%$0.00001206
6.39%$2,599.97
6.13%$92.02
9.53%$0.160773
9.44%$2,785.87
6.32%$43.79
0.25%$0.999808
-0.11%$325.77
2.90%$3.63
10.02%$4.62
2.01%$0.999816
-0.04%$110,026.00
2.17%$7.70
9.40%$0.00001069
12.48%$282.55
7.09%$0.505217
2.39%$1.18
-0.02%$4.84
6.24%$343.45
5.64%$50.10
1.67%$2.34
10.06%$1.00
0.00%$189.06
4.78%$5.12
6.77%$17.18
5.95%$0.082988
3.22%$0.809872
6.41%$0.999607
-0.11%$1.058
0.00%$0.08027
6.51%$0.580925
0.72%$4.25
6.29%$15.90
1.96%$0.737119
7.03%$24.01
2.06%$0.02232778
8.08%$4.42
0.11%$9.02
4.86%$0.35618
4.66%$0.082972
6.31%$3.41
8.25%$0.284265
8.99%$0.191695
6.49%$109,775.00
2.04%$2.43
8.69%$0.970432
9.91%$0.187431
6.94%$110.01
3.63%$0.283217
1.41%$2,601.31
6.18%$4.56
2.35%$0.998063
0.05%$1.00
0.01%$0.477339
9.49%$165.39
5.00%$11.21
0.94%$0.00001712
20.24%$1.00
-0.06%$1.26
18.72%$1.32
11.51%$2,963.34
6.19%$1.22
1.93%$2,724.49
6.13%$0.01722698
2.12%$11.85
13.17%$1.65
15.09%$1.70
15.62%$0.340305
9.68%$0.704967
7.38%$1.00
0.01%$0.583113
7.93%$0.01597633
7.55%$0.999531
-0.08%$2,765.65
5.78%$0.060176
2.10%$0.166288
3.70%$2,729.82
6.13%$0.942584
17.15%$3,348.76
-0.00%$109,823.00
2.19%$1.11
-0.00%$0.999232
-0.04%$109,633.00
1.85%$663.79
0.73%$0.088757
8.16%$2,732.03
5.81%$0.467452
8.32%$2.99
3.12%$109,928.00
-0.87%$3,343.40
0.12%$0.504857
4.45%$174.50
4.64%$0.00008033
10.80%$203.32
4.79%$2.39
4.34%$2.19
4.90%$2,809.43
6.15%$0.54151
5.56%$0.725887
7.97%$111.65
0.01%$0.784379
9.43%$10.73
0.01%$2,601.36
6.18%$0.0150731
9.79%$0.797882
2.36%$0.998409
-0.04%$19.65
7.06%$0.167486
7.84%$40.95
6.24%$39.38
5.62%$1.087
-0.59%$0.258014
8.50%$0.01306385
7.54%$0.107217
6.43%$0.00000062
2.70%$109,296.00
2.51%$2.24
9.97%$0.555994
2.36%$3.63
7.44%$0.431253
9.24%$0.997615
-0.02%$0.223014
0.83%$0.557518
6.21%$2,603.03
6.32%$109,593.00
1.96%$2,773.89
6.12%$2,601.13
6.23%$0.343903
7.13%$0.00828933
-1.30%$2,716.69
6.06%$0.999842
-0.02%$0.533196
6.86%$0.272714
10.73%$110,147.00
2.34%$0.638281
6.36%$2,599.99
6.13%$0.01466251
1.98%$1.41
6.82%$40.94
6.28%$0.998717
-0.05%$24.66
1.31%$0.999923
-0.01%$0.04687422
16.40%$2.46
10.46%$0.999909
0.00%$0.412895
3.99%$0.174284
8.12%$0.00442393
5.93%$0.170087
1.12%$1.42
7.86%$0.122371
8.36%$0.060852
-0.34%$0.00000044
0.19%$1.001
0.02%$0.0000011
13.81%$0.00731044
7.88%$7.40
0.27%$44.69
6.39%$0.199958
0.03%$0.554277
8.00%$1.091
-0.00%$5.76
7.11%$0.996804
-0.20%$14.22
6.77%$2,767.80
6.21%$0.078051
3.94%$0.397679
9.18%$0.332881
6.07%$2,600.17
6.33%$2.37
9.21%$1.61
4.95%$1.034
10.87%$0.154096
13.79%$0.00001919
5.75%$0.380486
-2.43%$1.21
11.00%$0.999164
0.17%$0.00402384
3.41%$0.560434
27.74%$2,867.65
6.28%$0.504934
4.50%$0.0370418
7.57%$5.47
6.45%$0.04982117
10.78%$109,443.00
1.69%$1.00
0.03%$2,843.33
6.11%$0.03476815
1.71%$0.073853
3.69%$1.17
7.42%$109,892.00
2.11%$0.01754757
0.95%$0.337169
5.79%$2,599.44
6.19%$20.28
-0.02%$0.331435
16.87%$0.999926
-0.00%$0.00615707
12.07%$0.00005855
6.09%$0.999081
0.05%$2,587.50
5.77%$0.695028
7.96%$1.001
-0.07%$170.05
4.93%$0.0000015
3.05%$10.29
1.41%$18.96
7.93%$113.57
6.22%$0.718332
4.72%$110,175.00
2.20%$1.081
6.85%$0.00344117
4.59%$0.706976
23.01%$0.02857487
6.04%$0.00325742
-1.76%$0.999223
-0.25%$0.191736
6.47%$107,081.00
3.13%$0.610985
5.50%$1.22
0.19%$2,208.40
2.14%$1.019
-0.74%$0.00392129
13.01%$15.89
4.68%$0.267789
11.11%$6.31
4.82%$1.64
0.67%Reading
December 2020 marked a new record for the blockchain-based art market, with the total trading volume of non-fungible token-based (NFT) works amounted to $8.21 million, according to analytics platform CryptoArt.io.
If you're not convinced about #NFT #cryptoart already, December was a record month with $8.2M in volume!
Thank you artists and collectors for a great 2020. Excited to see what's in store for 2021.https://t.co/DfDRsnFIsF pic.twitter.com/OKEQVFbOp3
— Richard Chen (@richardchen39) December 31, 2020
CryptoArt tracks various metrics across major NFT art marketplaces such as Nifty Gateway, SuperRare, MakersPlace, Async Art, and KnownOrigin. Among them, Nifty Gateway leads the pack, with roughly $6.67 million worth of crypto artworks sold in December. It is followed by SuperRare, which saw a trading volume of around $1.12 million last month.
Notably, December’s figures represent a sharp surge compared to November—when “only” around $2.6 million worth of artworks were traded. This can be partly explained by the ongoing price rally across all crypto markets. Since NFTs are usually bought with Ethereum, the higher the price of ETH gets, the bigger the dollar value is in total.
Likewise, December saw the highest number of monthly active collectors so far—414 compared to 258 in November.
Unlike “common” crypto tokens, NFTs contain identifying information recorded in their smart contracts. This data makes each NFT different and unique as well as not interchangeable and scarce. Therefore, if an artist “embeds” his work into an NFT, it will remain one-of-a-kind as such.
Crypto art based around non-fungible tokens has exploded in 2020—along with its prices. In July 2020, "Picasso's Bull," a crypto artwork by Trevor Jones, sold for a then-record-breaking $55,555 on crypto art marketplace Nifty Gateway. In December, one investor paid $777,777 for a collection of digital art by Mike "Beeple" Winkelmann—with one second on the clock. In total, Beeple's art sale raised $3.5 million; at one point selling $582,000 worth of art in just five minutes.
THIS SAVAGE JUST BID $777,777 WITH LITERALLY 1 SECOND LEFT
— Nifty Gateway (@niftygateway) December 13, 2020
Other sales in 2020 saw a piece of a virtual F1 race track auctioned off for $223,000 while another collector paid $65,000 for a Kylian Mbappé trading card in a blockchain-based fantasy football game.
“The NFT space has been on a meteoric rise over the last year and we viewed a sale like this as inevitable. It may have been one of the firsts of its kind, but it certainly won't be the last,” Tommy Kimmelman, head of artist relations at Nifty Gateway, told Decrypt at the time.
2020 brought with it many, many things, both bad and good. And while Bitcoin's bull run and the summer of DeFi grabbed the headlines, a quiet revolution was taking place in another corner of crypto: the world of non-fungible tokens (NFTs). NFTs have been around for a few years now, powering crypto collectibles like CryptoKitties—but they're little more than a proof of concept for the unique, non-replicable cryptocurrency tokens. This summer, NFTs came of age in the wake of the decentralized fin...
As the market matures, new innovations are cropping up; for example, Singapore-based platform NIFTEX enables users to create ERC-20 tokens representing fractions of NFTs, which can then be traded on decentralized exchanges such as Uniswap.
With NFTs booming in 2020, it looks like they have a bright future ahead of them in 2021.
Scor on Sweet, a Telegram mini-app ecosystem, has launched a clone of the classic mobile game Flappy Bird—but this time with a tennis twist, featuring stars of the real-world game. Flappy Racquet arrives as the sport’s most prestigious Grand Slam tournament, Wimbledon, is just getting into full swing. The game appears simple: tap on the screen to hit tennis balls away and avoid drones as your character flies through the sky. Miss a ball, and your progress is reset. Top players will be rewarded...
It's tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It's a lot to follow. Luckily, we're plugged in at Decrypt's GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories Raini's b...
While crypto gaming has long been seen as a key use for blockchain, letting gamers really own and freely trade their unique items and perhaps profit from a game's success, developers are struggling to sustain their games and digital economies. Some games, like Gunzilla Games’ Off the Grid, have punched through to a broader audience, gaining adoption from top streamers and gamers alike—albeit ahead of full blockchain integration. But many other games and studios building with tokens are strugglin...
