Messari: What types of segments in the NFT market are worth paying attention to?

According to data released by the NFT analysis platform NFTGo, the current total market value of the encryption industry is as high as 2 trillion US dollars, of which the NFT market value exceeds 15 billion US dollars, accounting for about 1%.

In addition to the well-known avatar and artistic NFTs, there are a variety of NFT types, including:

· Avatars - BAYC, Punks, VeeFriends

· Game Assets - Loot, Sorare, ASm AIFA Genesis

· Utility assets - membership assets

· Metaverse Assets - Sandbox assets (non-land)

· Digital Land - Sandbox LAND, Decentraland

· Social - HeadDAO, LinksDAO, MetaHero Universe

· Intellectual Property - Adidas, Budverse Cans, Pepsi Mic Drop, Twitter collection

· Music - Deafbeef, Eulerbeats, Kloud

Finance/Decentralized Finance - Uniswap liquidity positions, yield bearing NFTs



At present, the total market value of NFTs is US$18 billion, of which avatar NFTs account for the largest share, with a market value of US$8 billion, exceeding the combined market value of various NFTs ranked second to fourth.



market value

Gaming, art, and collectible NFTs are close behind, with market caps ranging from $2.3 billion to $3.3 billion, and they are also the areas of greatest interest to most consumers. However, since some NFTs can be classified into multiple types, it is also very challenging to properly classify each NFT. For example, if Nike releases avatar NFTs, do these NFTs count as IP or avatars? As the NFT market matures, these types will be more clearly defined.