In the past year, NFTs have become a viral term. In this article, we’ll explore how NFTs came to be, what they are, and where they could go next, by exploring 7 amazing statistics.
Digital assets have been around for a long time. As an example, consider some of the earliest examples of digital collectibles: Runescape gold, EverQuest platinum, and World of Warcraft gold.
These items were valuable because there was no exact equivalent for them anywhere else in the world. As anyone who has traded or sold these digital items can attest, their value rose and fell based on demand and supply.
Even though trading unique virtual items has existed for many years, the technology needed to record unique digital ownership wasn’t developed until very recently with the invention of the blockchain by Satoshi Nakamoto in 2008.
Today, metaverse projects like Next Earth have taken the virtual item market by storm. Next Earth is a virtual replica of Earth, in which players can mint tiles of any location they’d like, from their backyard to the Buckingham Palace.
In this article, we’ll explore 7 eye-popping statistics about NFTs to help better understand how they came to be and where they could go next.
Over 100,000 NFTs are minted on Next Earth
The world’s first NFT-based virtual world, Next Earth, has sold over 100,000 NFTs. This is a huge milestone for the project, and the potential for growth is endless. This is a reflection of growing interest in the virtual real estate market, which is fast becoming inseparable from the concept of the metaverse.
In the future, it’s likely that the figure will continue to rise rapidly. NFTs have been described as a “killer app” for crypto and truly decentralized metaverses couldn’t exist without them, as NFTs provide a mechanism to trade and store unique assets.
20,000 Twitter followers
Twitter is a massively important social channel in the crypto sphere. The Next Earth community has been growing rapidly on Twitter, with more than 20,000 followers as of the time of writing.
Their community is growing every day and it is a testament to their vision for a truly decentralized metaverse that so many people have chosen to join them. They also have thousands of members across Telegram, Discord, and other channels. Social media has proven to be one of the most effective ways to build communities and grow awareness about NFTs.
Over the past months, Next Earth has seen a large growth in their community which comes as no surprise. They’ve been building out powerful features, like Land Art and a charity DAO system, and users know big things are in the pipeline.
The Eiffel Tower sold for 16 BNB
The Eiffel Tower is one of the most recognizable structures on Earth and a global cultural icon. The first-ever NFT of this iconic landmark was minted on Next Earth, and sold for a whopping 16 BNB.
This is a great example of how NFTs can transcend traditional barriers and bring users from all over the world together. The Next Earth team has been working hard to build a community and give back to the metaverse ecosystem, and they’ve done an incredible job achieving that goal.
The real-life Eiffel Tower originally cost around 20 million Euros, and was paid off through ticket sales. In the future of the metaverse, the virtual Eiffel Tower may be paid off through transactions on the metaverse. With the popularity of NFTs continuing to grow, this is one of many incredible possibilities that lie ahead.
More than 8,000 landowners registered on Next Earth
Land is an incredibly important and valuable asset. In the metaverse, it is a gateway for users to express their creativity and individuality, and it can also be a way for users to monetize their content.
The Next Earth team has been working hard to give users more ways to own unique lands in the metaverse. They recently launched Land Art, which allows you to create art in the metaverse by painting ocean tiles.
More than 8,000 people have already registered as landowners on Next Earth. This number will continue to grow as they roll out additional features.
Next Earth is Nearing $50,000 in Daily Sales Value
The metaverse is experiencing a massive growth spurt. On November 12th, for instance, NFT sales on Next Earth nearly reached $50,000, with an average profit ratio of 6110%. These figures are rising every day, and are a reflection of growing interest in the metaverse.
This is an incredibly exciting time for the metaverse. It has only been just over a year since NFTs really took off, and it has taken that long for NFTs to gain mainstream attention. They have now done so, and will continue to grow in popularity as more people learn about them.
Madison Square Garden sold for 15 BNB
One of the most iconic places on Earth, Madison Square Garden, was sold for 15 BNB. This is a great example of how NFTs are bringing people together. This historic venue has hosted some of the biggest names in sports and entertainment.
It’s safe to say that many people have watched a game unfold on the court at Madison Square Garden. Now fans can own a piece of both history and entertainment, thanks to NFTs.
The Great Pyramid of Giza sold for 50 BNB
The Great Pyramid of Giza is one of the 7 Wonders of the World. It’s hard to imagine a more iconic landmark than this, which is an NFT is such a natural fit for it. The NFT of the Great Pyramid of Giza sold for an incredible 50 BNB.
The metaverse and virtual real estate are growing in sync with the crypto and blockchain industry. As we continue to move into a world that is more decentralized, democratic, and accessible than ever before, virtual real estate becomes an increasingly viable way for people to monetize their creativity.
NFTs have given creators new ways to express themselves and bring all types of ideas to life. NFTs are becoming one of the most powerful tools for artists and designers who want to share their vision with the world.
News Source from Bitcoinist.com