Study Shows US Is Home to 41% of Global NFT Companies – Bitcoin News

According to a study titled “The World of NFT Adoption,” published by nftclub.com, the United States has the largest number of non-fungible token (NFT) corporate headquarters in the world. While the U.S. accounts for more than 41% of global NFT companies, the second-largest location for NFT startups comes from Singapore, as the country hosts more than 10% of companies in the region.

91 NFT companies settled in the US, Singapore follows with 24 startups, Taiwan leads the world in NFT interest

NFT Club posted research report Analyze Google searches related to non-fungible tokens and the number of NFT companies worldwide. Based on NFT-related Google queries per 100,000 people, the study shows that the country is most interested in NFTs. According to NFT Club, Taiwan ranks first in the world with 2,300,330 searches and about 23,888,595 residents.

“Using Google search data, we were able to identify which countries had the most NFT-related searches,” the NFT Club research note. “We looked at a range of common NFT search queries and found the total transaction volume across 50 different countries over the last year to reveal where people are most interested in non-fungible tokens.”

NFT searches are also popular in Australia, as the country ranks second in terms of interest. Among some 26,068,792 citizens, NFT searches dropped to 2,137,060. While Taiwan and Australia ranked the top two for NFT interest by country per 100,000 people, Canada, Iceland and New Zealand were close behind.

Research shows that the US owns 41% of the world's NFT companies

The NFT Club study also detailed that the US is home to Forte Labs, the highest-funded company in NFTs, while the second-highest-funded startup, Sorare, is from France. The U.S. leads the list of the most NFT companies globally, with 91 companies on record, which indicates that the U.S. is home to 41.55% of NFT startups. Singapore has 24 NFT companies based in the country, equivalent to 10.96% of all NFT startups in the world.

Today, India ranks third in the number of NFT companies, with 11 companies accounting for 5.02% of the global total. It was followed by Canada, Australia, Japan and the United Kingdom. In addition to leading with the most NFT companies, the US also has 5 of the 10 most funded NFT companies. The list of U.S.-based NFT companies includes Forte Labs, Opensea, Fancraze, Genies, and Pixel Vault, which have raised a total of $1.6 billion in funding.

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Australia, Canada, fanaticism, Forte Lab, Funded NFT Companies, Elf, Google search, Iceland, Japan, Most funded company, new Zealand, NFT Club, NFT companies, NFT companies, NFT interest, NFT startups, NFT, non-fungible token, open sea, pixel library, Singapore, U.S., us

What do you think of NFT Club’s recent research? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the Head of News at Bitcoin.com News and a fintech reporter living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written over 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.




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