NFTGo released its semiannual report on NFTs

NFTGo, one of the leading NFT transaction and data aggregation platforms in the market, has released its semi-annual NFTs report that runs from January 2022 to June 2022. Below we will be analyzing the most important data that this company has compiled.

NFTGo.iois one of the leading NFT transaction and data aggregation tools. It allows users to analyze NFT market data and perform transactions all in one place. Some of the main features on which the analysis of this tool is based include: real-time listings, digital asset rarity, whale tracking (large investors), collection watch list, futures drops (launches) calendar, trade aggregator, among several others.

On the other hand, NFTGo has more than 500 corporate clients, more than 1000 communities that reach approximately one million retail users worldwide. The company’s goal is to provide all the tools I have been describing and, in addition, to carry out analysis such as this last one it launched on the most important statistics of the non-fungible token industry.

One of the most important facts about the NFT market is that it currently has a market capitalization of $22.56 billion, representing 18% of the entire cryptocurrency industry.

This is a very important fact to take into account, as it is a clear sign of the adoption and investment that retail users, small and large investors are making in the non-fungible token market as it grows in popularity and opportunities.

Another important fact marked by NFTGo is that the word “NFT” marked the highest point in January 2022, since, the word was gaining popularity between July and September 2021 and January and February of this year has seen the most demarcated booms according to Google Trends.

The Asian market for NFTs has had the highest growth relative to other continents. Countries such as Hong Kong has the highest number of searches for NFTs, followed by China. North America and Europe have a similar level of popularity of NFTs, however they are still behind Asia.

Also, have you noticed that all this hype about non-fungible tokens were thanks to famous artists who have directly interacted with collections and projects oriented to blockchain technology and NFTs.

Celebrities such as Justin Bieber, Snoop Dogg, Lil Baby, J Balvin, among others, have posted NFTs acquired by them directly as profile pictures on their social networks.


From the chart below you can see how volatile the correlations between two speculative assets can be. Negative correlation between two assets is a clear sign of their unique value propositions in the market. The example shows the correlation between ETH/BTC and ETH/NFT. Consequently, one can observe the independent movements of the NFT market in relation to the ETH cryptocurrency.


  • Azuki: in less than 6 days since its launch, the Azuki project had already climbed to the top 3 in OpenSea’s 7-day volume ranking with over $38.6 million in transaction volume. The collection generated a large community thanks to its innovation in the non-fungible token standard, as, it created ERC721A, an innovative whitelisting mechanism and a new way to sell its NFTs. He also introduced NFT fragmentation and integration both online and offline and led a new way of aesthetics on non-fungible tokens.

  • Moonbirds: this collection has achieved in only 3 days after its launch a market capitalization of more than $500 million USD. In addition, its trading volume reached $300 million USD in a single day of registration.

  • Goblintown.nft: the project’s volume exceeded $20 million in the first 7 days after launch, defying the bear market. It gained popularity by introducing a new marketing model, triggering free mining and triggering users’ search for the first “ugly” NFT.


  • Yuga Labs: the company that created Bored Aped Yacht Club, Mutant Ape Yacht Club and ApeCoin, among other things, has acquired the CryptoPunks and Meebits collections from Lava Labs. As a result, it occupies half of the total market volume with the ownership of its collections alone. In terms of online traffic, Yuga Labs consistently breaks records and has driven most interested people to interact directly with the web3 and NFTs.


There were several posts that resulted in price hikes, bigger insights into collections and projects, among many more positive things around a non-fungible token project. However, the award for the most powerful tweet went to. Zagabond.ethAzuki’s founder, who wrote an article titled “A Builder ‘s Journey” on May 10, 2022. It was intended to tell the story of Azuki’s creator and his journey of growth in the NFT field.

The problem was that in the note, Zagabond, tells that he had created three unsuccessful projects “CryptoPhunks”, “Tendies” and “CryptoPunks”. The community that had the opportunity to read this article doubted him and generated some controversy, since, they considered that the founder of Azuki had admitted that he had created and abandoned three projects during his career.

That is why the collection fell to rock bottom prices (from 18.69 ETH to 7.39 ETH), a drop of almost 60% and approximately $200 million was lost (excluding the BEANZ and Bobu projects).


The most expensive NFT was purchased by Deepak Thapliyal, CEO of Chain, in February this year for 8,000 ETH, about $23.7 million USD. The non-fungible token in question was CryptoPunks #5822 and dethroned CryptoPunks #7523 which had been the most expensive token up to that point and purchased by auctioneer Sotheby ‘s.


More than 62% of the qualified collections were launched in the first half of 2022. Likewise, it is worth clarifying that this statistic is linked to the requirements and listing criteria presented by NFTGo.

On the other hand, 20% of the NFT collections launched in 2022 have a floor price below 0.01 ETH. If we make the comparison with the 2021 collections, the number has dropped significantly.

Finally, if you are interested in downloading the full analysis of NFTGo, you can do so here. here.

You will be able to discover much more data and statistics about the NFT market and the entire ecosystem that surrounds it, including collections, projects, users, communities and investors that make this technology gain more adoption and usability by people.

Written by Rodrigo Catalan (TW: @RodrigoCatalanB) for NFT Express.