📣 Square Enix is releasing a set of Final Fantasy 7 NFT trading cards
Square Enix has announced that it will be releasing a set of Final Fantasy VII trading cards that will include NFTs. The collection, which is called Final Fantasy VII Anniversary Art Museum: Digital Card Plus, consists of 207 cards. Each pack, which costs ¥440 ($3.30), contains six physical trading cards as well as one ‘digital exchange card’. This can then be redeemed for an NFT version of a card. NFTs are unique non-interchangeable units of data stored on a blockchain (a form of digital ledger), which effectively allow users to buy and sell digital products like in-game items or artwork. Much like the previously announced Digital Plus Edition action figure of Cloud Strife, which will also come with an NFT version of the figure, those who buy the cards and want to redeem their digital one will have to create an account with NFT platform Enjin and download their Enjin Wallet app. Square Enix notes that “there is no upper limit” to the number of NFT cards that can be redeemed.
Square Enix has announced that it will be releasing a set of Final Fantasy VII trading cards that will include NFTs. The collection, which is called Final Fantasy VII Anniversary Art Museum: Digital Card Plus, consists of 207 cards. Each pack, which costs ¥440 ($3.30), contains six physical trading cards as well as one ‘digital exchange card’. This can then be redeemed for an NFT version of a card. NFTs are unique non-interchangeable units of data stored on a blockchain (a form of digital ledger), which effectively allow users to buy and sell digital products like in-game items or artwork. Much like the previously announced Digital Plus Edition action figure of Cloud Strife, which will also come with an NFT version of the figure, those who buy the cards and want to redeem their digital one will have to create an account with NFT platform Enjin and download their Enjin Wallet app. Square Enix notes that “there is no upper limit” to the number of NFT cards that can be redeemed.
Elon Musk, Emad Mostaque, Andrew Yang and several other leaders have called for a temporary pause on training systems exceeding the power GPT-4.
The petition states that the pause should be public and verifiable, and include all key actors. If such a pause cannot be enacted quickly, governments should step in and institute a moratorium.
According to the letter:
Humanity can enjoy a flourishing future with AI. Having succeeded in creating powerful AI systems, we can now enjoy an "AI summer" in which we reap the rewards, engineer these systems for the clear benefit of all, and give society a chance to adapt. Society has hit pause on other technologies with potentially catastrophic effects on society.
The petition states that the pause should be public and verifiable, and include all key actors. If such a pause cannot be enacted quickly, governments should step in and institute a moratorium.
According to the letter:
Humanity can enjoy a flourishing future with AI. Having succeeded in creating powerful AI systems, we can now enjoy an "AI summer" in which we reap the rewards, engineer these systems for the clear benefit of all, and give society a chance to adapt. Society has hit pause on other technologies with potentially catastrophic effects on society.
📣 Sony PSVR2 Headset Off to Slow Start as Metaverse Push Sputters
Sony Group Corp. is projected to sell fewer than 300,000 PlayStation VR2 headsets in its first weeks on the market, a slow start to the company’s efforts to take a leading role in the development of the metaverse. The Tokyo-based console maker is likely to sell around 270,000 units of the PSVR 2 between February 22nd and the end of March, according to estimates by research firm IDC. The headset is a fundamental part of Sony’s strategy to create a metaverse where people can do more than just play video games. But the conceptual 3D virtual environment that inspired Mark Zuckerberg to launch his company Meta Platforms Inc. has yet to pay off the industry’s heavy investment in hardware and software. Sony President and CEO Kenichiro Yoshida made the Metaverse a growth tentpole for Sony, as has Meta, and the company’s in-house game studio to help rapidly introduce new headsets that are VR-compliant. Developing games. has not come true. “VR headsets are not top of mind for most consumers under the current economic climate.”
Sony Group Corp. is projected to sell fewer than 300,000 PlayStation VR2 headsets in its first weeks on the market, a slow start to the company’s efforts to take a leading role in the development of the metaverse. The Tokyo-based console maker is likely to sell around 270,000 units of the PSVR 2 between February 22nd and the end of March, according to estimates by research firm IDC. The headset is a fundamental part of Sony’s strategy to create a metaverse where people can do more than just play video games. But the conceptual 3D virtual environment that inspired Mark Zuckerberg to launch his company Meta Platforms Inc. has yet to pay off the industry’s heavy investment in hardware and software. Sony President and CEO Kenichiro Yoshida made the Metaverse a growth tentpole for Sony, as has Meta, and the company’s in-house game studio to help rapidly introduce new headsets that are VR-compliant. Developing games. has not come true. “VR headsets are not top of mind for most consumers under the current economic climate.”
🖼 Argentine Airlines Has Announced To Released The Very First NFT Flight Ticket “Ticket 3.0”
According to Flybondi, non-flexible ticketing options provide travelers with a more adaptable travel experience and even enable travellers to purchase tickets in advance without first having to determine their itinerary. Flybondi, a low-cost airline based in Argentina, is now in the process of integrating Web3 into its ticketing system by issuing electronic tickets in the form of a non-fungible token. Ticket 3.0 is the name given to the recently disclosed integration. Passengers are able to modify their names, transfer, or sell their “NFTickets” independently thanks to the NFT ticketing platform, which was created on the Algorand blockchain. According to the Argentine Airlines, non-flexible ticketing options “offer a more flexible travel experience, allowing passengers to even purchase in advance without being required to specify their travel plans.” In result, the airline is able to lower the expenses associated with providing customer service and boost income from transaction fees.
According to Flybondi, non-flexible ticketing options provide travelers with a more adaptable travel experience and even enable travellers to purchase tickets in advance without first having to determine their itinerary. Flybondi, a low-cost airline based in Argentina, is now in the process of integrating Web3 into its ticketing system by issuing electronic tickets in the form of a non-fungible token. Ticket 3.0 is the name given to the recently disclosed integration. Passengers are able to modify their names, transfer, or sell their “NFTickets” independently thanks to the NFT ticketing platform, which was created on the Algorand blockchain. According to the Argentine Airlines, non-flexible ticketing options “offer a more flexible travel experience, allowing passengers to even purchase in advance without being required to specify their travel plans.” In result, the airline is able to lower the expenses associated with providing customer service and boost income from transaction fees.
Ticketmaster Introduces NFT Pre-Sale for Avenged Sevenfold Tour
Ticketmaster, the world’s leading ticketing company, is again exploring the potential of non-fungible tokens (NFTs). NFTs are digital assets that represent ownership of unique items, such as digital art or collectibles. This time, Ticketmaster has integrated cryptocurrency wallets to offer exclusive access and discounts to certain token holders for the upcoming Avenged Sevenfold tour. This significant move enables Ticketmaster to offer exclusive benefits to certain customers and create a sense of exclusivity.
Ticketmaster, the world’s leading ticketing company, is again exploring the potential of non-fungible tokens (NFTs). NFTs are digital assets that represent ownership of unique items, such as digital art or collectibles. This time, Ticketmaster has integrated cryptocurrency wallets to offer exclusive access and discounts to certain token holders for the upcoming Avenged Sevenfold tour. This significant move enables Ticketmaster to offer exclusive benefits to certain customers and create a sense of exclusivity.
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If the topic of your post fits our channel, we will publish it with pleasure.
Perhaps you have thought about placing ads on it?
To do this, follow three simple steps:
1) Sign up: https://telega.io/c/insider_crypto
2) Top up the balance in a convenient way
3) Create an advertising post
If the topic of your post fits our channel, we will publish it with pleasure.
🔫 Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs. Disney, the well-known entertainment behemoth, seems to have lost interest in the metaverse. According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs. Disney, the well-known entertainment behemoth, seems to have lost interest in the metaverse. According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
Bored Ape metaverse land sales dominance threatened by (what appears to be) wash trading
Sales for Bored Ape’s Otherdeed metaverse land NFTs — easily the hottest virtual property brand around — have been booming during the first quarter of this year, closing in on $120 million in volume. The rise in the collection's trading volume means Otherdeed tokens rank as the second-best-selling NFT collection during the first quarter of this year.
Wash trading is when assets are traded between wallets owned by the same individual or company.This month, however, sales volumes for a lesser-known collection, also tied to a nascent metaverse platform called MG Lands, have been holding their own; even outpacing Otherdeeds’ sales at one point. However, it appears MG Lands’ rapid ascendance from relative obscurity might be, instead of a feel-good business story, another case of artificial “wash” trading.
Sales for Bored Ape’s Otherdeed metaverse land NFTs — easily the hottest virtual property brand around — have been booming during the first quarter of this year, closing in on $120 million in volume. The rise in the collection's trading volume means Otherdeed tokens rank as the second-best-selling NFT collection during the first quarter of this year.
Wash trading is when assets are traded between wallets owned by the same individual or company.This month, however, sales volumes for a lesser-known collection, also tied to a nascent metaverse platform called MG Lands, have been holding their own; even outpacing Otherdeeds’ sales at one point. However, it appears MG Lands’ rapid ascendance from relative obscurity might be, instead of a feel-good business story, another case of artificial “wash” trading.
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📣 Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process
Lido, the largest decentralized finance (DeFi) protocol by total value locked, unveiled plans during its Node Operator Community Call #5 to release a non-fungible token (NFT) representing a user’s withdrawal request amount as part of the process of unstaking their ether (ETH). These withdrawals will be enabled after the Ethereum blockchain undergoes its next major upgrade. Ether withdrawals on Lido, where users can unstake their stETH and receive ETH at a 1:1 ratio, will have two steps: request and claim, according to Mariya Muzyko, product manager at Lido, during the call Tuesday afternoon. Once a user requests a withdrawal, they will receive a Lido-issued NFT representing their withdrawal request. The user can then use the NFT to claim their ETH rewards. The NFT is burned after the user redeems and claims their ETH. Lido was the first to provide access to liquidity to ETH holders who wanted to stake their tokens by issuing a derivative token, stETH.
Lido, the largest decentralized finance (DeFi) protocol by total value locked, unveiled plans during its Node Operator Community Call #5 to release a non-fungible token (NFT) representing a user’s withdrawal request amount as part of the process of unstaking their ether (ETH). These withdrawals will be enabled after the Ethereum blockchain undergoes its next major upgrade. Ether withdrawals on Lido, where users can unstake their stETH and receive ETH at a 1:1 ratio, will have two steps: request and claim, according to Mariya Muzyko, product manager at Lido, during the call Tuesday afternoon. Once a user requests a withdrawal, they will receive a Lido-issued NFT representing their withdrawal request. The user can then use the NFT to claim their ETH rewards. The NFT is burned after the user redeems and claims their ETH. Lido was the first to provide access to liquidity to ETH holders who wanted to stake their tokens by issuing a derivative token, stETH.
Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs.
According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs.
According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
🖼 NFT Revenue Decreased By Roughly 31% In March, Totaling $882 Million
According to the information provided by CryptoSlam, non-fungible token transactions in March decreased by 31.42% month on month, going from $1.03 billion in February to $882.89 million on April 3. The Ethereum network was responsible for the settlement of $537.89 million worth of those transactions in March, which accounted for more than sixty percent of total sales. In March, the Bored Ape Yacht Club (BAYC) collection was the top-selling product, with sales of $35.81 million. This figure represents a 48.19% reduction from the previous month’s sales. The month of February saw Cryptopunks’ sales increase by 87.95%, bringing the total to $30.11 million, making it the second-largest NFT compilation in terms of revenue. Following Solana in March’s sales rankings are Polygon ($36.16 million), Immutable X ($28.82 million), and Cardano ($10.08 million), with NFT transactions in Solana accounting for 10.57% of total sales and reaching $93.36 million.
According to the information provided by CryptoSlam, non-fungible token transactions in March decreased by 31.42% month on month, going from $1.03 billion in February to $882.89 million on April 3. The Ethereum network was responsible for the settlement of $537.89 million worth of those transactions in March, which accounted for more than sixty percent of total sales. In March, the Bored Ape Yacht Club (BAYC) collection was the top-selling product, with sales of $35.81 million. This figure represents a 48.19% reduction from the previous month’s sales. The month of February saw Cryptopunks’ sales increase by 87.95%, bringing the total to $30.11 million, making it the second-largest NFT compilation in terms of revenue. Following Solana in March’s sales rankings are Polygon ($36.16 million), Immutable X ($28.82 million), and Cardano ($10.08 million), with NFT transactions in Solana accounting for 10.57% of total sales and reaching $93.36 million.
🖼 Hangzhou Court Sentenced A Defendant To 3 Years In Prison For Stealing NFT
The Gongshu District Procuratorate of Hangzhou City, Zhejiang Province, filed a public prosecution a few days ago, according to the daily inspection report. The defendant Chen was sentenced to three years in jail, suspended for four years and six months, and fined 7,000 yuan by the court. On July 20, 2022, Chen unintentionally uncovered a flaw in the login procedure of a specific digital collecting platform. Mr. Wang from Hangzhou is a player in the digital collection. Wang paid 299 yuan in July 2022 to acquire a digital collection on an internet site. Due to restricted sales, the value of this digital collection swiftly increased, and Wang was overjoyed. This heightened the network platform’s alertness, and platform experts promptly analyzed the server logs to see if there was any aberration in the database. The findings revealed that more than 30 user accounts were logged into the same IP address at the time, and 21 consumers’ digital collections were sequentially resold.
The Gongshu District Procuratorate of Hangzhou City, Zhejiang Province, filed a public prosecution a few days ago, according to the daily inspection report. The defendant Chen was sentenced to three years in jail, suspended for four years and six months, and fined 7,000 yuan by the court. On July 20, 2022, Chen unintentionally uncovered a flaw in the login procedure of a specific digital collecting platform. Mr. Wang from Hangzhou is a player in the digital collection. Wang paid 299 yuan in July 2022 to acquire a digital collection on an internet site. Due to restricted sales, the value of this digital collection swiftly increased, and Wang was overjoyed. This heightened the network platform’s alertness, and platform experts promptly analyzed the server logs to see if there was any aberration in the database. The findings revealed that more than 30 user accounts were logged into the same IP address at the time, and 21 consumers’ digital collections were sequentially resold.
NFT Platform OneOf Acquires Blockchain Rewards Company Tap Network
Non-fungible token (NFT) platform OneOf has acquired blockchain rewards tool Tap Network to help large companies connect with their consumers in Web3. As a part of the launch, OneOf is launching the OnePlatform, a turnkey option for companies looking to expand into Web3 that combines elements of e-commerce, data and loyalty programs.
Tap Network, founded in 2018, allows consumers to redeem loyalty points or cryptocurrencies for real world products and services from major brands. It has partnered with companies such as internet browser Brave, rideshare company Uber, entertainment firm Warner Music Group and more. Lin Dai, CEO and co-founder of OneOf, told CoinDesk that integrating Tap Network will help onboard more companies and customers into Web3 via e-commerce.
Non-fungible token (NFT) platform OneOf has acquired blockchain rewards tool Tap Network to help large companies connect with their consumers in Web3. As a part of the launch, OneOf is launching the OnePlatform, a turnkey option for companies looking to expand into Web3 that combines elements of e-commerce, data and loyalty programs.
Tap Network, founded in 2018, allows consumers to redeem loyalty points or cryptocurrencies for real world products and services from major brands. It has partnered with companies such as internet browser Brave, rideshare company Uber, entertainment firm Warner Music Group and more. Lin Dai, CEO and co-founder of OneOf, told CoinDesk that integrating Tap Network will help onboard more companies and customers into Web3 via e-commerce.
📣 Gucci And Yuga Labs Launch KodaPendant NFT And Physical Necklace On Sale April 7
Luxury goods giant Gucci announced on social media that it would be partnering with Yuga Lab’s metaverse game Otherside to launch a limited edition KodaPendant NFT and matching physical necklace. The sale will begin at 6:00 a.m Sunday and will be limited to 24 hours. Eligible purchasers can do so on Thursday, April 6. Eligible participants must hold Koda or Vessel NFT, and each KodaPendant NFT costs 450 APE. Reportedly, the physical KodaPendant necklace is made of 925 silver, with an antique-style finish, and a Koda-shaped pendant featuring the “GG” LOGO, each with a unique version number on the back. According to a report from Business of Fashion, Gucci and Yuga Labs have signed a multi-year agreement to collaborate in Yuga Labs’ Otherside virtual world and their 10KTF collection to explore collaborative opportunities between the two – web3 fashion and entertainment. Gucci and Yuga Labs last year teamed up to create the Gucci Grail collection, using designs by 10KTF creator Wagmi-San for that collection.
Luxury goods giant Gucci announced on social media that it would be partnering with Yuga Lab’s metaverse game Otherside to launch a limited edition KodaPendant NFT and matching physical necklace. The sale will begin at 6:00 a.m Sunday and will be limited to 24 hours. Eligible purchasers can do so on Thursday, April 6. Eligible participants must hold Koda or Vessel NFT, and each KodaPendant NFT costs 450 APE. Reportedly, the physical KodaPendant necklace is made of 925 silver, with an antique-style finish, and a Koda-shaped pendant featuring the “GG” LOGO, each with a unique version number on the back. According to a report from Business of Fashion, Gucci and Yuga Labs have signed a multi-year agreement to collaborate in Yuga Labs’ Otherside virtual world and their 10KTF collection to explore collaborative opportunities between the two – web3 fashion and entertainment. Gucci and Yuga Labs last year teamed up to create the Gucci Grail collection, using designs by 10KTF creator Wagmi-San for that collection.
Apple has hid a copy of the Bitcoin whitepaper on all of its new Macs.
If you own an Apple computer, go to Terminal and type:
open /System/Library/Image Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf
The Bitcoin whitepaper, written by Satoshi Nakamoto, will pop up.
If you own an Apple computer, go to Terminal and type:
open /System/Library/Image Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf
The Bitcoin whitepaper, written by Satoshi Nakamoto, will pop up.
⚡️ OCBC stepping into the metaverse for next-gen customers
Oversea-Chinese Banking Corporation (OCBC) O39% becomes the first local bank to launch its own metaverse experience as an avenue to acquire young prospective customers. Called OCBCx65Chulia, it is built off Decentraland, a 3D virtual world browser-based platform. It is the 43rd iteration of the product since the idea arose from an internal innovation sprint in 2021 as part of the bank’s digitalisation and transformation efforts. OCBCx65Chulia was built by an in-house technology team at OCBC, together with Web3 firm Memotics, which specialises in creating dynamic and social spaces through digital architectural design. It is named after the location of the bank’s headquarters. Speaking at the media launch on April 5, OCBC’s head of group technology architecture Peter Koh says that the bank’s venture into the metaverse was their effort to have a presence in the virtual world. It is free to the public, including non-OCBC customers, who want to learn more about the bank’s latest products and services.
Oversea-Chinese Banking Corporation (OCBC) O39% becomes the first local bank to launch its own metaverse experience as an avenue to acquire young prospective customers. Called OCBCx65Chulia, it is built off Decentraland, a 3D virtual world browser-based platform. It is the 43rd iteration of the product since the idea arose from an internal innovation sprint in 2021 as part of the bank’s digitalisation and transformation efforts. OCBCx65Chulia was built by an in-house technology team at OCBC, together with Web3 firm Memotics, which specialises in creating dynamic and social spaces through digital architectural design. It is named after the location of the bank’s headquarters. Speaking at the media launch on April 5, OCBC’s head of group technology architecture Peter Koh says that the bank’s venture into the metaverse was their effort to have a presence in the virtual world. It is free to the public, including non-OCBC customers, who want to learn more about the bank’s latest products and services.
Donald Trump Pleads Not Guilty, NFT Collection Sales Increase 172% In 24H
Sales of Donald Trump‘s Trump Digital Trading Cards continued to surge as the former US president appeared to refuse to accept allegations related to his Mar-a-Lago estate. Former President Donald Trump pleaded not guilty to 34 felony counts of falsifying business records after being indicted by a Manhattan grand jury last week. Former US President Trump has been officially arrested and becomes the first former president in US history to be criminally charged.
Trump claimed the “fake case” was made “just to interfere in the upcoming 2024 election” and said it should be “dropped immediately." According to OpenSea, the Trump NFT series sold a total of 30 units within an hour of his appearance in court and 47 within six hours. With jumps its sales jumped 172% in the last 24 hours.
Sales of Donald Trump‘s Trump Digital Trading Cards continued to surge as the former US president appeared to refuse to accept allegations related to his Mar-a-Lago estate. Former President Donald Trump pleaded not guilty to 34 felony counts of falsifying business records after being indicted by a Manhattan grand jury last week. Former US President Trump has been officially arrested and becomes the first former president in US history to be criminally charged.
Trump claimed the “fake case” was made “just to interfere in the upcoming 2024 election” and said it should be “dropped immediately." According to OpenSea, the Trump NFT series sold a total of 30 units within an hour of his appearance in court and 47 within six hours. With jumps its sales jumped 172% in the last 24 hours.
📣 25% of NFT owners have a collection of 51 or more: CoinGecko Report
Crypto data website CoinGecko has released survey findings indicating that most nonfungible token (NFT) holders own 51 or more NFTs. Those who only hold a single NFT comprised the smallest group among the respondents. Published on April 6, the CoinGecko report examined 438 responses from Dec. 2022 to Jan. 2023 in conjunction with Blockchain Research Labs. At least one in four NFT holders (26.5%) said they were “avid collectors” with 51 or more NFTs at the time of the survey. The report states this group likely represents people who are the most enthusiastic about NFTs. It was closely followed by holders holding between two and five NFTs (17.6%), with those who hold just one NFT accounted for a mere 4.8%. Despite 2022 seeing crypto enter a bear market, it still recorded the second-highest influx of new NFT collectors over the past five years, with just over 25% acquiring their first NFT during the year. Almost four out of every 10 people surveyed (38.8%) acquired their first NFT during the first bull market of 2021.
Crypto data website CoinGecko has released survey findings indicating that most nonfungible token (NFT) holders own 51 or more NFTs. Those who only hold a single NFT comprised the smallest group among the respondents. Published on April 6, the CoinGecko report examined 438 responses from Dec. 2022 to Jan. 2023 in conjunction with Blockchain Research Labs. At least one in four NFT holders (26.5%) said they were “avid collectors” with 51 or more NFTs at the time of the survey. The report states this group likely represents people who are the most enthusiastic about NFTs. It was closely followed by holders holding between two and five NFTs (17.6%), with those who hold just one NFT accounted for a mere 4.8%. Despite 2022 seeing crypto enter a bear market, it still recorded the second-highest influx of new NFT collectors over the past five years, with just over 25% acquiring their first NFT during the year. Almost four out of every 10 people surveyed (38.8%) acquired their first NFT during the first bull market of 2021.
