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22nd March 2022

NFT sales skyrocketed by 8,500% in just one year, study reveals a timeline of the most historic moments

The experts at NFT Club have done a deep dive into the biggest and most important events in the history of NFTs while mapping monthly market data to reveal where NFTs came from, and how they got to where they are today. 
 
You can find the full study here: https://nftclub.com/the-history-of-nfts/
 
The average monthly sales value of NFTs:
 
 

Month, Year

Value of Sales ($)

YoY % Change

December 2017

$607,727,560.94

-

December 2018

$2,047,826,087.52

263.96%

December 2019

$2,913,033,509.15

42.25%

December 2020

$4,873,847,175.72

67.31%

December 2021

$422,609,105,810.72

8,570.96%

 
 
  • The increase in popularity of NFTs in 2021 can be seen in the value of NFTs sales increasing from $4.9bn in December 2020 to over $422bn in December 2021. This huge increase by 8,570.96% just shows how much more interest there was in NFTs. 

 
The number of NFT sales per month: 
 
 

Month, Year

Number of Sales

YoY % Change

December 2017

15,186,545

-

December 2018

66,543,906

338.18%

December 2019

115,163,918

73.06%

December 2020

160,272,373

39.17%

December 2021

581,219,740

262.65%

 
 
  • In December 2017, the number of monthly NFT sales skyrocketed, surpassing one million transactions for the first time and going on to reach more than 15 million sales by the end of the month representing a monthly increase of over 14000% from November 2017 which saw just 106,218 sales. 

 
The research also revealed: 
  • The most expensive NFT ever sold was Everydays: The First 5000 Days by Beeple, which sold for a monumental $69.3 million. This is followed by CryptoPunk #7523 and CryptoPunk #7804. 
  • The public is most interested in CryptoPunks with 3.62 million searches for the collection in 2021. This is almost 1,000,000 more than the next most popular collection, The Sandbox, which received 2.68 million searches in the same period.

  • The most popular NFT question of 2021 was “Where to buy NFTs?”, showing that there’s a large section of people who are new to the NFT scene and want to get involved.

 
Check out the full report, including monthly market data and answers to the most asked NFT questions, here

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