If you have even the beginner-level knowledge about cryptocurrencies, then you would definitely know about non-fungible tokens. The industry had been around for almost a decade but a profitable way of using it was discovered in the year 2021.
If you look at the performance of the NFT sector, you will see that it started picking up in terms of valuation, volume, and diversity starting 2021.
From there, the NFT sector hasn’t looked back and it is constantly evolving. The sector is now home to multiple NFTs that offer different utilities. The sector has branched out into several other segments that are earning their own popularities and adoptions.
Ido Fishman’s Advice on NFT Artwork
As per Ido Fishman, an NFT expert, the highest amount of success the NFT sector has gained in are digital artworks. The industry has been morphing into its own category and its trading volume has been rising at a tremendous rate.
To think that a sector with only a few thousand dollars’ worth of trading volume, now observes a daily trading volume well over millions of dollars is a huge achievement.
According to Ido Fishman’s understanding of the NFT market, if you are new or want to profit from the artwork niche, NFT artworks are the best place. It doesn’t matter if you do not have any artwork skill, you can buy NFT artworks from several artwork collections currently offered in the market.
When you buy them, hold them long enough so they mature in terms of value and demand. Then, you can sell them to make money and start a whole activity where you keep generating a reasonable income.
Listed below are some of the NFT artworks that have the largest collections. You may get to hear about these collections in the NFT news for hitting a jackpot by selling a really expensive artwork.
MOBOX MOMOverse Avatar
MOBOX currently has the highest NFT collection that has a total of 2,000,219 assets. So far, MOBOX has sold more than 1,787,710 NFT asserts. The average daily sales MOBOX records on its network are 395. MOBOX still has 212,509 assets and the average selling price of an asset is worth 7.1805 BUSD.
In a 24-hour period, the average selling price of the MOBOX artworks have increased by 11.19%. This means that you can buy them and sell them as their price rise to make a profit.
It is the second largest collection of NFTs with a total of 914,593 assets. As of now, only a total of 566 assets have been sold, leaving a total of 914,027 NFTs to be purchased and claimed.
In a matter of a day, the average selling price of an asset offered by Pancake Bunnies has increased by 43.07%. The average selling price of an artwork from the Pancake Bunnies is worth 12.62 BUSD.
The average daily sales recorded for Pancake Bunnies are 14, which is a very low figure for now. Given the rise in the pricing of the artworks, it is obvious that the collection will soon pick up, and gain more momentum in terms of daily sales.
X World Games
X World Games ranks at number three for having the largest NFT artwork collection. Its total collection currently stands at 618,819 and the total number of artworks it has sold so far are 35,442. A total of 583,377 artworks remain in the collection to be claimed.
The average daily sales being recorded by X World Games are 138 and their growth rate in a 24-hour slot has been 10.4%. The average selling price of the X World Games’ artworks at present is 7.9664 BUSD, which has increased by 71.3% in the same period.
There are only 5.73% owners of the X World Games’ collection, so you can start buying their packages and start profiting from them.
If you want more NFT news and information, you can revisit Ido Fishman’s page for latest updates.