The crypto community sees an advantage in owning NFTs; 52% want to buy with credit cards
The crypto community sees an advantage in owning NFTs; 52% want to buy with credit cards
DappRadarOf the respondents in a recent report, 92% see an advantage in owning NFTs, and 52% say they want to buy NFTs with credit cards.
Cover/illustration via Cryptooshala
A vast majority of respondents in a recent joint report by DappRadar and Alsomine find NFT ownership beneficial, while just over half prefer the ability to pay for NFTs with their credit cards.
A total of 92% of participants said they see an advantage in owning an NFT, with 52% citing “the ability to shop with credit cards” as one of their top two priorities, according to the survey. report.
Benefits of NFTs
About 65% of participants said they see a “big advantage” in NFT ownership, while another 27% said “some advantage”.
In terms of the specific benefits of owning an NFT, 31% said they value NFT’s ability to make and save money the most. Asset Ownership and Games & Metaverse were the second and third most valuable features with 22% and 19%, respectively.
Even though the NFT’s ability to provide membership and access privileges ranked fourth with 18%, it was the most valuable feature among participants highly familiar with the NFT. Functioning as a ticket or pass, on the other hand, was the most valuable NFT use case among new users.
Purchase
By examining customer priorities when purchasing NFTs, the report shows that 52% of respondents value being able to shop with their credit cards.
About 38% of the 52% are power users who own a digital wallet or have bought cryptocurrencies before. In addition, women were more likely to pay with credit cards when buying NFTs.
The NFT market persists
According to the figures, on-chain NFT trading volume at the end of 2022 was $24.7 billion, a slight decrease from $25.1 billion in 2021. The size of this drop reflects the resilience of the NFT market for the coldest winter in crypto history.
In addition, the number of unique deals increased by 19.75% in 2022, reaching 6.9 million at the end of the year. NFT sales also increased 67% to 107 million.
Credit : cryptoslate.com
