Addresses That Used NFTs
Last updated
Was this helpful?
Last updated
Was this helpful?
This indicator measures the amount of addresses that interacted with NFTs. shows two series. The first one is the cumulative number of addresses that used NFTs. The second is the number of new addresses that use NFTs each day. The X axis is the date, and the Y axis measures the amount of addresses.
The number of unique addresses can be used as a proxy of unique users that interact each day with NFTs. As can be seen in the screenshot below, this usage and increase in adoption has been increasing historically, and nowadays it is common to see days where more than 10 thousand addresses use NFTs. It can be measured that more than 6 million addresses have interacted with NFTs at some point.
Using addresses as a proxy for unique users allows to provide a rough estimate of the number of users. However, it is important to note that this estimate may not be completely accurate due to the potential for multiple users to share a single address or for a single user to have multiple addresses. This allows to track the activity of users and can provide valuable insights into the usage and adoption of NFTs.
