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Regional NFT Trends and Insights from 44 Avatar-Based Collections

by CryptoPunk ForumJanuary 25th, 2025

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This section provides detailed information on 44 NFT collections, including pricing and supply metrics. A global map of NFT-related Google searches over five years shows high interest in East Asia, North America, and Australia, with lower interest in Africa. These insights reveal regional trends and market dynamics, offering a comprehensive view of the NFT landscape.

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Authors:

(1) Howard Zhong, MIT CSAIL (howardzh@mit.edu);

(2) Mark Hamilton, MIT CSAIL, Microsoft (markth@mit.edu).

Table of Links

Abstract and 1 Introduction

2 Methodology

3 Results

3.1 CryptoPunks

3.2 Aggregate NFT Market

4 Discussion

5. Conclusion/ Acknowledgements/ References

A Appendix

A.1 Implementation Details

A.2 Detailed NFT Information & A.3 Google NFT Searches Map

A.2 Detailed NFT Information

The 44 collections that we sampled and analyzed are all NFTs representing avatars. In Table 6, month created, mean sale price, median sale price, 2.5% trim mean sale price, and total supply are listed.

Table 6: Statistics for the 44 NFT collections analyzed.

A.3 Google NFT Searches Map

Below is a map of Google search data for the term “NFT” in the past 5 years (as of January 2023). Most searches occur in East Asia, North America, and Australia. Europe, South America, Middle East, and India roughly have the same amount of searches. Africa has the least number of searches.

Figure 7: Google Search data for the term ”NFT” for different countries