![]() It seemed more like the art of art in real life or the trendy play only transforms the physical art into digital art. We can see that the NFTs of this period mainly relied on ultra-high-priced single products to go out of the circles, and more of them had collection value, lacking functionality, mobility, usage scenarios and social attributes. There are also many other digital artists whose works have been auctioned for high prices. In addition, Beeple’s painting “Everydays: The First 5000Days” was finally sold for nearly US$70 million at Christie’s auction. The sales volume in the past month was about one-tenth of its peak sales in March, the most expensive one is LeBron James’ US$71,400 card. As of October 14th, the total sales volume was US$730 million. NBA Top Shot is currently ranked fourth in historical sales, behind Axie Infinity, Cryptopunk, and Art Blocks. We believe that the development process of NFT can be divided into seven stages.Īt the beginning of 2021, NFT’s first hit was mainly due to the star cards represented by NBA Top Shot and the digital art represented by Beeple’s paintings. Pricing mechanism and liquidity solutions 4. ![]() Tend to be homogeneous. In addition, we also put forward five directions worthy of attention for NFT in the future: 1. Social attributes are getting stronger and stronger 6. Through combing, we can get six characteristics and trends of NFT development: 1. We believe that NFT has gradually entered the public’s field of vision from the beginning of 2021 to the present, and it evolution process can be roughly divided into seven stages: star card/digital art-avatar OG-generative art-GameFi-PEP avatar party-decentralized NFT-yuan Game, and each stage has a representative project. As of now, NFT sales in 2021 have basically reached 300 times that of 2020. Abstract: After experiencing the bull market in the summer of 2021, NFT has completely changed from a niche market from a niche market in the previous crypto market to a gold track that cannot be ignored.
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