Metaverse gold rush: Virtual land sales and avatars are leading the NFT market

According to a report from blockchain analytics group Nansen, metaverse-linked NFTs led the market in the first quarter of 2022, with investments in virtual land and real estate, avatars, and assets returning an average of 129.4%. That beat returns for blue-chip projects like Azuki, Clone and Doodles (50.9%), as well as for gaming NFTs and art NFTs, both of which saw overall drops in value.

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