Johnny Lyu

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Dec 26 2021

Should investors care? 80% of all NFTs belong to 17% of addresses

Dec 26 2021 Published at CryptoSlate under tags  guest post nfts

In October cryptocurrency analytics company Moonstream released data about the real state of the NFT market, reporting that from April through nearly the end of September 16.71% of all NFT holders on Ethereum owned 80.98% of all NFTs. The company analyzed more than 700,000 addresses and more than 7 million tokens. Therefore, the sample size for this study cannot be...

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