The NFT market is evolving along the lines of Twitter - Media 

 


The correlation between the excitement around the market for non-exchangeable tokens and the actual number of active users is a lot like Twitter in its early days.  

That was the opinion of Tim Bradshaw, a journalist for the Financial Times, in his op-ed. 

He noted that from a financial point of view, the NFT market does seem large. 

So, according to marketplace tracker Cryptoslam.io, a total of about $24 billion worth of tokens have been sold in the market, $4 billion of which was in January alone.  

According to analytics site Dune.xyz, the daily trading volume last month on the OpenSea marketplace was at least $100 million. 

However, the statistics are skewed significantly when it comes to the number of active users.  

According to DappRadar, there were only 500,000 active users on OpenSea in January, Bradshaw writes.