According to NFTGO, an NFT statistics website, the total market value of NFT has shot up to US$16 billion. Its transaction volume has been fluctuating and hitting new highs, even the bottom daily transaction volume was around US$100 million. With the continuous influx of external funds, brands, and the continuous expansion of NFT application scenarios, the NFT market size is bound to grow further. Almost 90% of the transaction volume comes from OpenSea, a giant in the NFT market, whose daily transaction volume is nearly US$100 million in the past three months. The competitors have been envying OpenSea for not
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