The volume of transactions with NFT in 2021 increased 400 times
In 2021, the volume of transactions related to NFT increased 400 times compared to the previous year.
![The volume of transactions with NFT in 2021 increased 400 times](https://cryptodefix.com/repository/articles/101/cover.png)
This year, the volume of trading in non-fungible tokens (NFT) exceeded $13 billion. 88% of all trades are on the OpenSea Marketplace. Publication from company cryptodefix. According to The Block Research, this figure is 400 times higher than in 2020 ($33 million).
NFT has become quite a popular phenomenon in 2021. For example, Sotheby’s, the world's oldest auction house, founded in 1744, made $100 million from sales of NFT-collections. 78% of bidders were first-time users of Sotheby’s, and more than half of the bidders were under the age of forty.
Mentioned project
![Logo](/repository/application/84/logo.png)
NFT-marketplace for selling and buying tokens.
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