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The NFT market exceeds 300 million dollars

The metaverse is an unstoppable reality and is presented as a global stage that any user can access through platforms that promote its launch, such as Facebook. As indicated by w3volution, within this parallel universe a different world is built, in which it is possible to trade and interact with other users using NFTs as currency.

In it latest NFT report published by DappRadar it is detected that the digital terrestrial NFT trading volume increased during the first quarter of 2023 by 277.12%, which places it at 311 million dollars. This increase is due, in large part, to the expansion of the NFTs of the Otherside metaverse of Yuga Labs, otherdeedswhich exceeded 222 million dollars in trading volume.

The link between NFTs and the metaverse can be found in blockchain games and other crypto modalities, where they are carriers of value. Since Binance NFT, even a game offer has been launched that has exceeded $16 million in trading volume in just two weeks.

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