NFT 2021 Track Review: There are three events of note during the first year of the NFT event.

2021 is fast approaching. Thinking back to all the developments in the crypto industry this year, NFT might be one of the best choices for TOP. If 2020 is the year of DeFi, then 2021 is the year of breaking NFTs.

From art, writing, avatars, photography, music, conversation, games, to the metaverse, NFT has become an "innovation" and an "evolution" for years. The "anything can be NFT" penalty seems to be caused by anything. NFTs are digital certifications for contracts based on blockchain technology that are accurate, unique, invisible and traceable, have been very popular and have also seen application status. Since the beginning of this year, many artists, Big V, big names and companies have developed and developed their own NFTs, and the integration of these models has led to noisy and "out of the loop" NFTs.

Then, looking ahead to 2021, what are the surveillance needs in the area of ​​NFTs? How do we see the future of NFTs?

Method 1: By Explosion Report

Breaking down the NFT improvement into several stages: 2015-2016 marked by the birth of Cryptopunks is a nascent period, 2017 marked by the release of Cryptokitties, the next four years (2017-2020) are the time for improvement, 2021 is the start of the entry start. NFTs have entered a popular segment in their “toys” niche and global market investors are excited about the future of NFTs. Therefore, we believe that one of the positive developments for NFTs this year will be the acceleration of inflation.

As of December 27, 2021, NFT's current market cap is $10.349 billion, which is double the market cap at the start of the year ($61.74 million). Looking at the whole of 2021, the market has grown tremendously, especially since July, and NFT holders now stand at 1,356,000, more than seven times the start of the years. The number of giant whales with over $1 million in NFTs reached 1,356,000.

In one year, the NFT industry saw the highest commodity prices in mid-August, late September and early December, and the number and volume of markets over the past 15 months declined slightly. Sales in the last 7 days were $240 million. The average daily trading price was higher between February 26 and October 29. As of December 27, the total net worth of NFT intermediates was $17.176 billion, and the total net worth reached $8.74 million.

According to non-fungible data, the number of NFT-related activities was around 230, an increase of over 65% from the first quarter of this year. These services include aggregation, graphic design, art, games, platform marketing and other industries, the aggregation of which can reach 50%.

The reason NFTs can change so quickly is because they “break the cycle” with energy after being pushed into critical insight.

On March 11, 2021, digital artist Beeple's "Everyday: The First 5000 Days" started at $100 on Christie's and eventually sold for $69.34 million, driving new digital subscriptions. This competition has completely shattered the NFT industry.

On March 11, CryptoPunks #3100 sold an exorbitant price of 4,200 ETH, setting a new record for the price to trade an NFT avatar.

On March 22, a copy of NFT provided by former Twitter CEO Jack Dorsey in his first tweet in 2006 sold for nearly $3 million.

In May, the NFT group "CryptoPunks", which included nine punk heads, sold at Christie's for $16,962,500.

In July, Axie Infinity's Game Day game overtook King of Glory, boosting the packaging industry by a factor of 10, spurring the rapid growth of the NFT industry.

Method 2: Rapid expansion of ecological forms

With the explosion of NFTs, NFTs quickly spread from early crypto devices to a variety of applications, including avatars, graphics, graphic art, game paraphernalia, virtual real estate, albums, music, metaverse, and more. Many international, financial, technology and other well-known companies and media join the NFT distribution team, launching NFT products, games and more, and expanding the capital and financial status of NFT. Economic growth and investment underline the growth of the NFT sector this year.

We know that the most important application scenario for NFTs is digital collections, and thanks to NFTs, they have quickly become their own representatives in crypto art circles. Since the beginning of this year, famous cryptocurrency artists such as Beeple have brought NFTs into the mainstream, the data of NFTs have begun to grow rapidly, the application area has gradually expanded, and the fittings and the chains are increasingly profitable.

Currently, major ecological data includes avatars, artifacts, art, games, metaverses, real estate tools, utilities, communications, intellectual property, music, DeFi, and more. Avatar, collections and art are the mainstays of the market this year, with Avatar NFTs accounting for 49.4% of total value and stocks for 23.05%. In addition, a key issue that should be carefully considered this year is that the application of NFT has developed rapidly, and applications such as blockchain games, metaverse, public activities work, conversation and music have increased a lot.

The second is the expansion of NFT operations and information products, which has led to the gradual improvement of the whole ecological industry chain. Based on NFT revenue, A&T Capital blockchain venture capital partner Jasmine Zhang and investment manager Fiona He divide the value chain of the NFT market into three layers: bottom-up layer, skin layer, layer coating and application layer. Plan your resources in this area.

Source: A&T Capital "Combining the NFT industry value chain with reference to distribution in each report"

The graphical representation of the industry value chain clearly and concisely shows the current ecological configuration of NFT. Process parameters usually include public chain, sidechain/Layer2, hardware, token design, storage, and wallet. Process requirements include NFT casting. Process and industrial medium, liquid process, DeFi NFT, the application layer covers a variety of vertical applications, mainly depending on the process process, pan secondary industry, finance, etc. With this passing year, it can be seen that the ecological improvement of NFTs has begun to improve, and the housing services associated with NFTs have become more comprehensive.

Method 3: NFTs become shipping charges for GameFi.

A final challenge refers to GameFi, a mix of blockchain games and NFTs. In March 2021, blockchain games with the concept of GamePie began to appear, and by July, GamePie games represented by Axi Infinity had achieved explosive growth.

Among them, the popularity of NFTs is an important factor that cannot be ignored. GameFi is usually a mixture of DeFi and DeFi Game NFT due to the growth of NFT technology and products. NFT is ceding ground to GameFi and has become one of the gaming industry's strongest assets, making many of GameFi's most successful products and making GameFi one of the hottest of the year.

As a result, GameFi has contributed to the prominence of NFTs. The characteristics of NFT enable it to expand the product market and payment in the sports and metaverse world, and it has the characteristics of collection, cost reduction and distribution, metaverse business support and promotion of an additional fracture. NFT. Take Decentraland and Sandbox metaverse games as examples, each region in the game corresponds to the NFT, and the owner of each NFT represents the owners of that region, which can be created and traded. As a result, since July this year, the NFT market has started to follow the principles of Metaverse and GameFi, and the popularity of these metaverse games has increased the value of virtual real estate NFTs as "Dessert" for a while. .

Since the beginning of this year, virtual reality NFTs from Decentraland and The Sandbox, the virtual game world, have collected the highest market value this year, collecting the highest market share since November 23 at 2 ,4102. million bucks.

For non-Metaverse games, NFT games like Loot, Axie Infinity, Gods Unchained, etc. made 90% of the biggest names in the NFT industry into the game, with the highest value this year being NFT of a million dollars Rat. The value is $17.13 million.

Despite the rapid improvement of the game, according to data from the NFTGO platform, the game plan market value now accounts for 6.56% of the total NFT market value, while the collection of NFTs such as art and avatars accounted for 83%. There is still a lot of room for improvement in this area.

Finally, old-school NFT projects Cryptopunks, CryptoKitties, etc. to modern flying NFT avatars and artworks, celebrities and cultural IPs, and finally, metaverses, games, NFTs are already pro try this blockchain which cannot be ignored on a global scale, in 2021. There is no It's no exaggeration to say that NFT is the first year of development. So what are the next changes in NFT imaging and community? This concept has left us and our readers thinking with optimism and dialectical thinking.

Attachment: TOP Annual NFT Market Inventory

1. Top 10 NFT projects with maximum turnover: CryptoPunks, Art Blocks, Bored Ape Yacht Club, Meebits, Rarible, SuperRare, Loot, Cool Cats, CrypToadz by GREMPLIN.

2, the largest 5 NCT market: opening industry, larvalabs, rare, foundation.

3. Top 3 public chains with the most NFT: Ethereum, Solana, Immutable X.