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Only 1 in 4 NFTs Bought During Minting Result in Profit - Chainalysis

Data acquired from the major non-fungible token (NFT) marketplace OpenSea reveals that merely 28.5% of NFTs purchased during minting lead to a profit. On the other hand, more than 65% of NFTs bought from other users on t...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Only 1 in 4 NFTs Bought During Minting Result in Profit - Chainalysis
 
Data acquired from the major non-fungible token (NFT) marketplace OpenSea reveals that merely 28.5% of NFTs purchased during minting lead to a profit. On the other hand, more than 65% of NFTs bought from other users on the secondary markets result in profit.
NFTs "are far from a surefire investment" and only 1 in 4 NFTs purchased during minting can provide their owners with a profit, according to a report from blockchain analysis company Chainalysis. ...
Read More: Only 1 in 4 NFTs Bought During Minting Result in Profit - Chainalysis

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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