31/10/2022 The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market platform currently dominates the top five NFT marketplaces by 79%.

Top 5 NFT Markets Cross $40 Billion in All-Time Sales, Opensea Dominates by 79%

During the month of October, the top five NFT marketplaces surpassed the $40 billion mark, in terms of all-time sales, with approximately $41.36 billion on Oct. 29, 2022. The largest NFT marketplace in terms of sales was Opensea as it nears the $33 billion range with $32.76 billion recorded on Saturday.

NBA legend Shaquille O’Neal signs $11M Astrals NFT settlement
NFTs weekly sales surge 94% as crypto market continues bullish run
Latest Major NFT Auctions Test Buyers’ Price Ceilings For History & Art

Statisticsfrom dappradar.com indicates that the $32.76 billion in sales were executed by $2.34 million traders. On Saturday, Oct. 29, the average price paid for an NFT via Opensea is around $352.

Opensea is followed by the Axie Marketplace ($4.26B), Magic Eden ($1.83B), Looksrare ($1.62B), and X2Y2 ($891M). Axie Marketplace tends to NFTs that stem from the play-to-earn (P2E) blockchain game Axie Infinity and the market has seen 2.17 million traders to date.

The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

The average price paid for an NFT via Axie Marketplace is around $171. Solana’s Magic Eden has captured $1.83 billion in sales that were settled by 1.21 million traders. The average value paid for an NFT on Magic Eden on Oct. 29 is $124.

The NFT marketplace Looksrare has seen fewer traders, as records show 107,636 settled trades via the Looksrare market. However, the average price paid for an NFT on Saturday is far larger as the average NFT sale is $6.59K on Looksrare.

X2Y2 has not tapped a billion in NFT sales yet, but it has been inching its way toward that milestone. On Oct. 29, 2022, the NFT market X2Y2 settled $891 million among 158,273 traders. The average price paid for an NFT on X2Y2 is approximately $582.78 at the time of writing.

Other leading NFT marketplaces in terms of all-time sales include Mobox ($694M), Solanart ($665M), Bloctobay ($458M), Atomicmarket ($435M), Immutable X Marketplace ($337M), and Rarible ($300M) respectively. Despite being down a great deal in monthly sales, more than $40 billion in lifetime sales among the top five markets is quite a feat.

Datafrom cryptoslam.io shows that NFT sales across the globe during the last 30 days added up to $426 million, which is down 21.32% from the month prior. The last 30 days saw around 4,556,057 NFT transactions among 510,859 NFT buyers.

Arts

https://news.bitcoin.com/the-top-5-nft-marketplaces-surpass-40-billion-in-all-time-sales/

Interesting NFTs
Block Chain Dungeon
Once upon a time... a little boy named Leo loved to paint, draw and experiment. He also loved to play with blocks and chains, which drew him again and again into the rooms of his friends Michel and Angelo. Often they also met in virtual rooms of Cryptovoxels, Decentraland, Somnium Space or Sandbox to create new inventions, read books about new technologies, or just swing the brushes. But on this day something gigantic happened. A good friend of Leo came to visit and brought his girlfriend Mona, who wanted a piece of Leo's art on her skin. This was the birth of the NFT's, as Leo developed Non Fungible Tattoos in the Block Chain Dungeon of Michel and Angelo. From that day on people from all over the world came to get NFT's from Leo or one of his students, like "Skeenee the rat", who controls the NFT machine with his laptop. A new age began.
CryptoPunk #1190
The CryptoPunks are 10,000 uniquely generated characters. No two are exactly alike, and each one of them can be officially owned by a single person on the Ethereum blockchain. Originally, they could be claimed for free by anybody with an Ethereum wallet, but all 10,000 were quickly claimed. Now they must be purchased from someone via the marketplace that's also embedded in the blockchain.
#65297
By OthersideDeployer
Fuku-Shiva
The term “Fuku” refers to fortune or good luck. “Shiva” refers to the Hindu deity who represents strongly polar qualities, both severe and delicate. On a beach inspired by adventures on Phi Phi island in Thailand, three youths cavort. Two are representational figures and the third is psychologically rendered. A dynamic relationship ensues between the triad; a reciprocity of active and passive states. The boy on the right engages in maneuvers of evasion, defense, and is dressed in a speedo which reiterates the colors and symbolism of the caution tape on the left and upper right frame of the composition. In concurrent reaction the psychedelic figure shoots out a rocket powered paper airplane. The nude boy seated in the froth and sand approaches in passive repose, and is met with active attention but equal physical reserve by the psychedelic being. Perhaps the most naked figure is also the least representational. Looming large, dynamic, and active, it engages its companions playfully. Various symbols interject into the otherwise naturalistic scene, most notably a beach ball and two contaminated barrels nested in the sand. The upright barrel reads “FukuShima” in Kanji. The barrel laying down reads “Dharma”. To the left the scene is bounded by caution tape, reiterating the danger of the nuclear waste while also hosting alien archetypes, whose presence, as is the nature of these entities, runs up and just behind the consciousness of the psychedelic figure’s eggshell-like skull.
I'll sleep when I am dead
Custom single edition. Based upon a preliminary version of the image that was used as cover for "Sleeping Beauties" written by Stephen and Owen King.