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Top 5 Countries Most Interested In NFTS
Forbes Middle East - English
|July 2022
The market for non-fungible tokens (NFTs) is in its infancy, but many investors have been quick to jump on the bandwagon. Total NFT sales between the start of January and end of April 2022 stood at $37 billion, according to a report from blockchain analysis firm Chainalysis, compared with $40 billion for the whole of 2021. Here are the top five countries that made the most NFT-related searches between June 2021 and May 2022, according to the NFT Club.
Taiwan
Population: 23.9 million
NFT searches per 100,000 people: 9.629
Taiwan is known to be a hub where new technologies such as blockchain and NFTs thrive. In December 2021, the OneOffs NFT International Art Fair was held in Taipei, Taiwan. The event had over 20,000 visitors and generated sales of over $1.7 million. In May 2022, the country saw the launch of the world’s first metaverse music label, dubbed 0x0, with the label’s artists existing in the form of NFT characters and releasing music as their characters. Medicine Man, from the Bored Ape Yacht Club collection, was 0x0’s first artist.
Australia
Population: 26.1 million
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