Crypto art, as the NFT craze continued, March figures reached record levels of over $ 200 million.
According to CryptoArt data, there were over $ 200 million in sales of digital art for the month of March alone. This figure is more than the sum of the last 12 months, according to the data provider. February sales were around $ 91 million and even lower at around $ 12 million in January.
Nifty Gateway was the largest market place in terms of sales with $ 140 million, followed by SuperRare with sales of about $ 30 million for March.
Digital art is cryptographically verified by something called an immutable token (NFT), which verifies the unique characteristics of the piece and its owner on the blockchain.