- In the last week, Polygon NFTs outperformed Ethereum with global NFT sales worth $22.3 million.
- The Courtyard’s real-world asset tokenized trading cards contributed to the surge.
- Polygon NFTs have also been the most preferred, with over 39,000 buyers choosing Polygon, which reflects an 81% increase from the previous week.
Digital collectibles, known as NFTs (non-fungible tokens), built on the Polygon blockchain, caught people’s attention the most over the past week by surpassing Ethereum, which used to be dominant in the space.
The main reason Polygon NFTs have become so popular these past 7 days is due to the existence of marketplaces such as Courtyard, where people can buy and trade NFTs of real-world collectible cards such as Pokémon or sports trading cards.
Over 39,000 Buyers Flocked to Polygon
Data from CryptoSlam on April 22 revealed that sales of Polygon-based NFTs hit $22.3 million over the week, which was over a quarter of all NFT sales globally, which was a total of $92.9 million.
Source: CryptoSlam
This means that more and more people are becoming interested in NFTs on Polygon. In fact, when looking at the previous week, over 39,000 people bought Polygon NFTs, which is 81% more than the week before.
The second was Ethereum with $19.2 million in sales; Mythos Chain took in $14.3 million, and NFTs tied to Bitcoin sold for $14.1 million in a week. What made Polygon exceptional this time is that almost all its sales were from one project, which was Courtyard.
Courtyard Boosts Popularity of Polygon NFTs
Real-world asset (RWA) tokenization is one of the growing trends in the Web3 space, and that includes Courtyard. In this space, physical items, trading cards, artwork, or even property are converted into digital tokens that can be bought, sold, or traded on a blockchain.
For Courtyard, the physical trading card is professionally graded and stored in a secure vault. When someone buys the NFT version of the card, they will be able to request that the physical card be shipped to them, and the digital token will be nullified from circulation.
Source: CryptoSlam
Last week, the sales of the Courtyard NFTs alone came to $20.7 million, far ahead of many other successful collections out there.
