Study Shows the United States Is Home to 41% of the NFT Companies Worldwide

Study Shows the United States Is Home to 41% of the NFT Companies Worldwide

According to a research referred to as “A World of NFT Adoption” revealed by nftclub.com, the United States has essentially the most non-fungible token (NFT) firm headquarters on the earth. While the U.S. captures greater than 41% of the NFT firms worldwide, the second largest variety of NFT startup places stems from Singapore, because the nation hosts over 10% within the area.

91 NFT Companies Reside within the US, Singapore Follows With 24 Startups, Taiwan Leads the World in Terms of NFT Interest

NFT Club revealed a research report that analyzes Google searches associated to non-fungible tokens and the amount of NFT firms worldwide. The research exhibits the nation with essentially the most curiosity in NFTs, based on NFT-related Google queries per 100,000 folks. According to NFT Club’s statistics, Taiwan leads the world with 2,300,330 searches and a inhabitants of round 23,888,595 residents.

“Using Google search information, we have been in a position to establish which international locations take advantage of NFT-related searches,” NFT Club’s research notes. “We checked out a variety of frequent NFT search queries and located their complete volumes during the last yr for 50 completely different international locations with the intention to reveal the place the place individuals are essentially the most all for non-fungible tokens.”

NFT searches are additionally in style in Australia, because the nation holds the second-largest place by way of curiosity. The variety of NFT searches down below clocked in at 2,137,060 queries amongst a inhabitants of round 26,068,792 residents. While Taiwan and Australia captured the highest two positions by way of NFT curiosity by nation per 100,000 folks, Canada, Iceland, and New Zealand observe.

Study Shows the United States Is Home to 41% of the NFT Companies Worldwide

NFT Club’s analysis additionally particulars that the United States is dwelling to the highest-funded NFT firm, Forte Labs, and the second-highest funded startup, Sorare, stems from France. The U.S. leads by way of essentially the most NFT firms worldwide with 91 corporations recorded, which exhibits the U.S. is dwelling to 41.55% of all of the NFT startups. Singapore has 24 NFT firms situated within the nation, which equates to 10.96% of all of the NFT startups globally.

India as we speak has the third-largest variety of NFT firms situated within the nation, with 11 companies complete or 5.02% of the worldwide combination. India is adopted by Canada, Australia, Japan, and the United Kingdom, respectively. In addition to main with essentially the most NFT corporations, the U.S. hosts 5 of the ten highest-funded NFT firms. The checklist of U.S.-based NFT corporations consists of Forte Labs, Opensea, Fancraze, Genies, and Pixel Vault, with a mixed $1.6 billion in funding raised.

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