- On August 1, Otherdeed’s combined sales volume reached $1 billion.
- Since May 2022, there has been a decline in monthly sales.
- Total sales for July were about $30 million.
In June, Veefriends NFTs hit $500 million all-time sales followed by Meebits exceeding $500 million in all-time NFT sales in July.
Otherside has reached a new milestone by becoming the fastest NFT collection to exceed $1 billion; thus, becoming the must-have collection.
This recent metric is no less than a huge boost to the NFT space, which was otherwise facing a decline in interest from investors during the past.
In the ranks of all-time sales volume, Otherdeed presently trails NBA Top Shot, Art Blocks, MAYC, CryptoPunks, BAYC and Axie Infinity. In a short period of three months, its sales have left behind established projects like The Sandbox, Meebits, VeeFriends and Bored Ape Kennel Club.
In terms of unique buyers from May, sales volume increased, which raised the total transaction counts consisting of a total of 20,541 unique buyers and 42,098 transactions.
Otherdeed had 3,225 unique buyers corresponding to 6,646 transactions even though the overall sales volume of NFTs and digital collectibles fell down. The sales were $40.55 million by June end.
July saw a fall in total NFT volume. As far as Otherdeed is concerned, it had 2,483 unique buyers and 4,633 transactions. Its volume in July was $30.88 million.