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NFT’s across the metaverse.
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NFT’s across the metaverse and the Web3 in general offers lots of opportunities
In 2020, the total annual transaction volume for NFTs was $338M. 2021 saw an explosion of growth nearly quadrupling to $1.2B in transaction volume in Q1 alone, followed by $1.3B in Q2 2021 and a blockbusting $10.7B in Q3 2021, according to data from DappRadar.
Virtual real estate and metaverse assets have seen rapid growth as well. Over the past two quarters, Q2 and Q3 2021, there has been over $107M in transaction volume . there is a steep upward trend in sales volume, price, and number of transactions each week for metaverse real estate assets.
The metaverse opportunity is enormous. Pitchbook research predicts that the market will be valued in the hundreds of billions of dollars by 2022, and will cross the trillion dollar threshold by 2030.