While Singapore leads the pack in terms of NFT interest, the research further suggests that “Poland is the most anti-NFT country.”
Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say 'Poland Is the Most Anti-NFT Country'
During the past seven days, non-fungible token sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that global regions like Singapore and Hong Kong lead the pack in terms of NFT interest. The research further suggests that “Poland is the most anti-NFT country.
Singapore, Hong Kong, and Canada Have the Most NFT Interest — Poland, Nicaragua, and Belize Are the Most Anti-NFT Countriespublished by cashnetusa.com, says researchers combed through NFT search data in every country in March 2022, and then calculated the number of monthly searches per 1,000,000 members of the population using the Ahrefs tool. Furthermore, cashnetusa.com researchers also leveraged the Twitter API and Snscrape tool to go through tweets matching the queries “NFT” and “NFTs.
tool to run a sentiment analysis on the data. Lastly, the team calculated the top 100 NFTs of all time on the Opensea marketplace, and scraped through those specific search volumes via the Ahrefs tool in every country as well.A number of interesting findings show how NFTs have affected each country and researchers highlight that Singapore is the “most hungry” for NFTs.
“As a limited-edition collection with a steep entry price, the Apes may be headline news — but they’re not at the fingertips of the average NFT enthusiast when Googling for new acquisitions,” the cashnetusa.com researchers detail.Cashnetusa.com’s research adds that NFTs involve a whole lot of “social, technical, and environmental weirdness,” and stresses that the subject can be controversial as well. “Where money and prestige lead, divided opinions follow.
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