According to a report released by CoinGecko, a crypto data website, the adoption of non-fungible tokens (NFTs) didn’t decline significantly in 2022, despite the bear market in the crypto industry. The report is based on a survey conducted in December 2022 to January 2023 in collaboration with Blockchain Research Labs. The survey found that the majority of NFT holders own 51 or more NFTs, with only 4.8% owning just one NFT. The report noted that 26.5% of respondents identified themselves as “avid collectors,” which suggests that people tend to remain enthusiastic about NFTs after purchasing their first one.
The report further stated that 38.8% of those surveyed acquired their first NFT during the first bull market in 2021, while just over 25% acquired their first NFT in 2022, despite the crypto industry being in a bear market. In contrast, only 2.9% of respondents acquired their first NFT in 2017, the year Crypto Kitties and CryptoPunks were launched.
The report also highlighted that NFT development could accelerate adoption in 2023, pointing out notable projects such as Bitcoin Ordinals and Stamps NFTs. Additionally, the report noted that Blur, a new NFT marketplace, has overtaken OpenSea to become the top NFT marketplace.
OpenSea Launches OpenSea Pro: A Refined Version of an NFT Aggregator
On April 5, OpenSea, one of the largest NFT marketplaces, launched OpenSea Pro, an NFT marketplace aggregator aimed at serving the needs of professional users. The platform is a refined version of an NFT aggregator acquired by OpenSea in April 2022. OpenSea Pro offers advanced features such as real-time pricing, bulk order management, and a customizable dashboard to help professional traders streamline their NFT buying and selling experience.
The launch of OpenSea Pro is expected to attract more professional traders to the NFT market, which could lead to increased trading volumes and more liquidity for NFTs. The move also underscores the growing importance of NFTs in the broader crypto ecosystem, as more traders and investors recognize the potential value of digital assets that represent unique ownership and authenticity.