According to data from Nonfungible analytics firm CryptoSearch, total worldwide sales of nonfungible tokens (NFTs) surged to $129 million in November, with the sales driven by the immense popularity of Blur’s NFTs.
Blur has its own marketplace dedicated to its NFTs, and it was the single largest contributor to the surge in November, accounting for $14 million in sales. Blur is the development studio behind the massively popular Godfall videogame, and it has invested heavily in creating NFTs that allow its fans to own a piece of their favorite game.
However, Blur is not the only company that is utilizing NFTs. The NBA Top Shot marketplace has also become popular in recent months, and it drove $50 million in sales during the month of November.
Other notable entities that sold NFTs in November include Aavegotchi, Decentraland, Wrapped.eth, CryptoKitty, Sandbox, and Decentraland.
Overall, the market saw an increase in the number of creators participating in NFT sales and a growth in the amount of money being spent.
As more and more companies and individuals embrace the use of nonfungible tokens, we can expect to see further growth in the NFT market going forward.
