NFT trade volume hit USD 2 billion in Feb! Bitcoin Ordinals, Yuga Labs, and Dogetti played a major role
New Delhi [India], March 11 (ANI/ATK): According to a recent report released by DappRadar, a web3 data platform, NFT trading volume reached 2 billion dollars in February. Though the NFT sales in the market decreased by 32% from January, the trading volume saw a whopping rise of 120%. In 2014, Kevin Mckoy, a digital artist, made a video clip and registered it on the Namecoin blockchain. He then sold it to Anil Dash, an American technology executive, for 4 dollars. It was the first ever NFT created and sold. Now, the global market size of the NFT is expected to reach more than 211 billion dollar...
Source: laosnews.net