Sales volume has plunged from its early hype, but daily trades and activity remains higher than ever. In some corners of the market sales and royalties are still generating significant revenue for many artists, where prior to NFTs they did not have many options for monetizing their digital art.

Beyond monetization it has also spawned new digital art communities, meetups and conferences, exhibitions and art galleries, magazines and critical publications, and is generally continuing to garner interest within the traditional art world.