Crypto community sees advantage in owning NFTs; 52% want to buy via credit cards

The immense bulk of respondents successful DappRadar’s caller survey study deliberation owning an NFT is advantageous, portion somewhat implicit fractional prioritize being capable to wage for NFTs utilizing their recognition cards.

In total, 92% of the participants said they saw an vantage successful owning an NFT, portion 52% ranked “being capable to acquisition with recognition cards” among their apical 2 priorities, according to the survey report.

Advantages of NFTs

Around 65% of the participants said they saw a “big advantage” successful owning an NFT, portion different 27% replied with “some advantage.”

Regarding the circumstantial advantages of owning an NFT, 31% said they valued NFTs’ quality to gain and prevention wealth the most. Asset Ownership and Gaming & Metaverse functions were 2nd and 3rd astir valued, with 22%  and 19%, respectively.

Benefits of NFTs (Source: DappRadar)

Even though NFTs’ quality to supply rank and entree privileges was ranked 4th with 18%, it was the astir valued relation among participants with proficient cognition of NFTs. Functioning arsenic a summons oregon an admittance pass, connected the different hand, was the astir invaluable NFT usage lawsuit amongst caller users.

Purchasing

While examining the lawsuit priorities erstwhile buying NFTs, the study shows that 52% of survey respondents valued being capable to acquisition with their recognition cards.

Consumer preferences erstwhile buying NFTs (Source: DappRadar)

Around 38% of the 52% are experienced users who ain a integer wallet oregon person bought crypto before. In addition, women appeared much inclined toward paying with their recognition cards erstwhile purchasing NFTs.

NFT marketplace persists

According to the numbers, the on-chain NFT trading measurement was sitting astatine $24.7 cardinal astatine the extremity of 2022, marking a flimsy alteration from 2021’s $25.1 billion. The size of this driblet reflects the resilience of the NFT marketplace against the coldest wintertime successful crypto history.

Moreover, the fig of unsocial trades recorded a 19.75% summation successful 2022, reaching 6.9 cardinal astatine the extremity of the year. NFT income besides accrued by 67% to spot 107 million.

The station Crypto assemblage sees vantage successful owning NFTs; 52% privation to bargain via recognition cards appeared archetypal connected CryptoSlate.