NEXT Big NFT Trend for Brands � Phygital NFT Marketplace
Richard Moore16 Sep, 2024Business
According to Binance, In the month of August, the global market NFT sales tumbled below $1 billion. Despite soaring projects, August was the third month to record NFT sales less than $1 billion sales. This is primarily due to a massive drop in the number of unique NFT buyers and the average sale value of the top 10 NFTs. However, it is important to note that the August numbers show a 12% increase from July 2022 numbers. Interestingly, some of this growth can be attributed to the upcoming trend of Phygital NFT Marketplace which is being embraced by brands as a great marketing move.
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