1/ Yesterday I pushed out a report covering the various angles of growth observed across the NFT ecosystem.

2020 was a monumental year for NFTs, and the stage is well and truly set for another record-setting year in

2/ For those of you new to the topic, take a moment to familiarize with what non-fungible tokens are as well as how they might become a core driver of the evolution of online content.

Don't be afraid to let the imagination wander!

3/ Whilst data remains relatively fragmented, the numbers of active marketplace users is clearly growing with almost $90M in sales.

💰Largely driven by 4 major categories:

- Crypto Art (>$20M)
- Crypto Sandboxes/Virtual Worlds (>$16M)
- Video Games (>$15M)
- Collectibles ($16M)

4/ The dip in marketplace activity due to high gas fees during the "DeFi Summer" is notable: as activity and sales declined.

Interestingly, we see that throughout the year the amount of NFTs sold per month declined whilst average sale price went up.

5/ This is likely indicative of gas fees forcing users to focus on buying quality over quantity, whilst smaller transactions on mainnet were prohibitively expensive forcing them to shift to layer 2s such as Matic, or not take place at all.