Latest Survey Shows Exactly How Many People in the US Know About NFTs

Share This Post

Years of work from stakeholders in the NFT space seem to be paying off in increased public visibility and support. Despite being a niche concept years ago, a new study shows that NFTs have become well-known by the American public, with investment intention also being high. 

According to a recent survey by cryptocurrency trading platform Bybit which polled 2,002 adults, 1 in 12 US adults plans to trade NFTs in the future. 

NFTs Growing in Popularity 

In the survey, respondents were asked several questions relating to NFTs, including if they had heard of them, had traded them, or had any plans to in the future. As per the results, 3.8% of adults in the United States have already traded NFTs and 8% plan to at some point in the future. 

This is no small feat as this represents roughly 20 million people and could spell an even bigger NFT scene in the future. This was reiterated by Bybit’s Edwin Lau, who commented on the findings. 

Our survey’s finding that 1 in 12 people in the U.S. already plan to trade NFTs at some point in the future is indicative of the sheer scale of potential for NFTs, still a relatively new concept in trading terms. We would expect to see sizable growth in NFT transactions in coming months and years. It’s a really exciting prospect,” he said. 

At the same time, these results also indicated a gap in NFT education and awareness as 46.5% of respondents had not heard of NFTs and 13.4% had heard of them but didn’t understand what they are.

Source NFT Plazas

spot_img

Related Posts

Fraggle Rock NFT Trading Cards Storm onto the Flow Blockchain

In a new partnership with Web3 company, ‘Tibles,’ the...

California DMV Drives NFT Car Titles onto the Blockchain

Though still novel, blockchain is being used more within...

Solana NFT Standard Lines Up a Major Overhaul

Some big changes are reportedly coming to Solana. As...

Love hits the Metaverse in The Sandbox Valentine’s Contest

The season of love is upon us and The...

NFTs Set to Shine as the Blockchain Economy Summit Heads to London

Over in the beating heart of the World’s financial...

Yuga Labs Clears the Murky Waters of its NFT Copyright

Yuga Labs is home to some of the most...
- Advertisement -spot_img