Coinmonks
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Tokenization: Key Takeaways From Coca Cola And The United Nations Jumping The NFT Bandwagon

The average weekly sale of non-fungible assets in 2016 was negligible. In 2017, it was under $10k — discounting the fact that when the crypto market was smoking that winter, weekly NFT sales peaked at $13.9 million. Towards the end of 2020, the average sales were around $4.8 million with busy weeks tipping the $6 million mark. Hard to say if it was already brewing, but this year the magic happened. On March 11th, when Beeple sold their $69 million NFT at Christie’s — the highest grossing non-fungible…

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Utsav Kumar

Utsav Kumar

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Content Strategist With A Passion For Evolving Technologies