A July 2021 report measured the total sales value of all non-fungible token (NFT) exchanges on Ethereum between the first quarter of 2020 and the second quarter of 2021. According to the study, the value of NFTs sold in 2021 was significantly higher compared to 2020. While the total sales value of all traded NFTs in 2020 amounted to around 65 million U.S. dollars, NFT sales generated roughly 1.26 billion U.S. dollars in the first half of 2021 alone.
Total value of sales involving a non-fungible token (NFT) in the art sector worldwide from 1st quarter 2020 to 2nd quarter 2021, by type
(in million U.S. dollars)
Characteristic
Primary sales
Secondary sales
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Art Basel, & UBS. (September 8, 2021). Total value of sales involving a non-fungible token (NFT) in the art sector worldwide from 1st quarter 2020 to 2nd quarter 2021, by type (in million U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1269499/nft-sales-value-art-sector-worldwide-by-type/
Art Basel, und UBS. "Total value of sales involving a non-fungible token (NFT) in the art sector worldwide from 1st quarter 2020 to 2nd quarter 2021, by type (in million U.S. dollars)." Chart. September 8, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1269499/nft-sales-value-art-sector-worldwide-by-type/
Art Basel, UBS. (2021). Total value of sales involving a non-fungible token (NFT) in the art sector worldwide from 1st quarter 2020 to 2nd quarter 2021, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1269499/nft-sales-value-art-sector-worldwide-by-type/
Art Basel, and UBS. "Total Value of Sales Involving a Non-fungible Token (Nft) in The Art Sector Worldwide from 1st Quarter 2020 to 2nd Quarter 2021, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 8 Sep 2021, https://www.statista.com/statistics/1269499/nft-sales-value-art-sector-worldwide-by-type/
Art Basel & UBS, Total value of sales involving a non-fungible token (NFT) in the art sector worldwide from 1st quarter 2020 to 2nd quarter 2021, by type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1269499/nft-sales-value-art-sector-worldwide-by-type/ (last visited September 01, 2024)
Total value of sales involving a non-fungible token (NFT) in the art sector worldwide from 1st quarter 2020 to 2nd quarter 2021, by type (in million U.S. dollars) [Graph], Art Basel, & UBS, September 8, 2021. [Online]. Available: https://www.statista.com/statistics/1269499/nft-sales-value-art-sector-worldwide-by-type/