How much is the NFT industry worth in dollars?
The NFT industry has been rapidly growing and gaining popularity in recent years. Although it is difficult to pinpoint an exact value, it is estimated that the NFT market is worth several billion dollars. In 2020 alone, the market value of NFT transactions exceeded $250 million, demonstrating the immense potential and demand for digital assets in various sectors such as art, collectibles, music, and virtual real estate. With major artists, celebrities, and brands foraying into the NFT space, this industry is poised for further growth and is expected to continue expanding in value in the coming years.
This mind map was published on 5 September 2023 and has been viewed 46 times.
