In January, the trading volume of non-fungible tokens (NFTs) transactions reached $6.86 billion, according to The Block.
More than half (61.4%) of the indicator was accounted for by the NFT marketplace OpenSea with $4.21 billion. On January 17, the trading volume of the platform exceeded $3.5 billion.
The second place was taken by LooksRare, launched on January 10 with the help of the so-called “vampire attack”. The devs distributed the native LOOKS token among OpenSea users.
Compared to December, the volume of trading in non-fungible tokens in January increased by 157%. For all of 2021, the figure reached $14.2 billion.
Earlier, Nicolas Poire, VP of innovation at video game developer and publisher Ubisoft, spoke about the company’s reaction to the sharp criticism by players of the introduction of non-fungible tokens.