NFT Art Market Report – May 2021
- Analyst: Anders Petterson, James Cocksey
- Pages: 25
- Access: Analyst Pro
ArtTactic is delighted to launch its inaugural analysis of the NFT Art Market. This Market+ Analysis focuses on the sale of NFTs during the period of January 2020 to May 2021 – and takes a data deep-dive into NFT transactions taking place on Nifty Gateway, the biggest curated NFT markeplace. We also take a closer look at the recent hype and stratospheric rise surrounding this market and what this could mean for the future.
We hope this first edition of the NFT Art Market Report 2021 will provide new and interesting insights into this fascinating space. We will continue to regularly report and analyse new developments in the intersection between the NFT and the traditional art market.
Who is it for?
This report is aimed at investors, dealers, auction houses, collectors and enthusiasts who want to get an in-depth understanding of the dynamics of the NFT art market over the last 14 months.
Selected Report Findings:
95.5% sale-rate in the Primary Market since 2020.
NFT market slows down in April, after record sales in March.
The primary market represents 56% of total NFT sales value.
An average of 38 new artists are launched on Nifty Gateway each month in 2021.
Open editions account for 54% of total NFT gross sales value.
Varying levels of liquidity in the NFT secondary market.
Terms and Trends
Risks and Regulation
Top-10 Artists on Nifty Gateway
Overall Data 2020-2021
Primary and Secondary Markets
Single, Limited and Open Editions