The NFT market topped US$40bil in 2021


In 2021, over US$40bil was spent on non-fungible tokens. — AFP Relaxnews

Still virtually unknown at the beginning of 2021, the market for NFTs has grown tremendously. According to a report from blockchain specialist Chainalysis, US$40.9bil (RM171bil) was spent on NFTs last year.

The equivalent of US$40.9bil (RM171bil) was spent on non-fungible tokens (NFTs) in 2021 – almost unreal growth for an industry that generated barely US$1bil (RM4.19bil) in 2020. It’s clear that NFTs have taken on a particular significance as society continues to go digital.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
NFTs

Next In Tech News

Tesla Q1 deliveries likely to dip sequentially as EV demand softens
Wuhan police: Chinese robotaxis stall in apparent 'malfunction'
Device startup Nothing Technology plans to release AI glasses next year
Kenya probes Meta Ray-Ban smart glasses privacy concerns
North Korean hackers suspected in Axios software tool breach
These two countries with social media bans aren’t happy with Google and Meta
Apple tests Siri feature that handles multiple commands at once
'Concerning' number of Australian kids on social media despite ban
France eyes ban on social media for under-15s
'Confidential mode': How to revoke access to emails you send in Gmail

Others Also Read