The NFT and gaming communities are not going to let a little market slump ruin their party. In fact, reports show that they are doing just fine, thank you very much.
Nonfungible token trading and blockchain games, on the other hand, seem to have resisted the dip.to reports from DappRadar, NFT transactions continued to increase amid declining crypto prices. The report stated that “the number of UAW connected to Ethereum NFT DApps grew by 43% since Q3 2021.” Numbers from the report also show that the money generated by NFT trading went from $10.7 billion in Q3 2021 to $11.9 billion in the first ten days of 2022.
Even though the United States is now second in terms of overall traffic, the country still saw 175,000 new users in the NFT ecosystem, a growth of around 38%. This comes in part from the growing interests among younger audiences as Millennials and Generation Z start to account for a higher percentage of traffic.
DappRadar reported that “30% of its traffic came from users from this age group… [with millennials] growing from the 36% observed from last year.”
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