NFT Ecosystem
Note: Data in this section last updated May 28th, 2022
According to NFTGo, as of late May 2022, the market capitalization of the NFT space is $25.78B, or around 2% of the crypto space as a whole.
The space is broken down into 6 key verticals which include:
Art: Digital art, profile pics and collectibles
Virtual Worlds: Virtual land and goods
Gaming: Play-to-Earn games
Intellectual Property: Patents, trademarks, copyrights, domain names, etc…
Social: Online social clubs and access NFTs
Music: Recorded music and memorabilia
A more detailed analysis of each category is provided in the coming sections 👉
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