Study Shows the United States Is Home to 41% of the NFT Companies Worldwide – The United States has the most non-fungible token (NFT) firm headquarters in the world, according to a report published by nftclub.com called “A World of NFT Adoption.” While the United States accounts for more than 41% of all NFT companies, Singapore has the second highest number of NFT startup locations in the region, accounting for over 10%.
The NFT Club has released a report that looks at Google searches for non-fungible tokens and the number of NFT enterprises around the world.
According to NFT-related Google inquiries per 100,000 individuals, the study shows which country has the most interest in NFTs. Taiwan is the most searched country in the world, according to NFT Club, with 2,300,330 searches and a population of about 23,888,595 people.
Also Read: Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate
“We were able to recognize which countries made the most NFT-related searches using Google search data,” according to the NFT Club’s report. “We looked at a variety of frequent NFT search searches and calculated total volumes over the last year for 50 different countries to determine where non-fungible tokens are most popular.”
NFT searches are also popular in Australia, which ranks second largest in terms of interest. The total number of NFT searches was 2,137,060, with a population of about 26,068,792 people. Taiwan and Australia took the top two positions in terms of NFT interest per 100,000 individuals, followed by Canada, Iceland, and New Zealand.
According to NFT Club’s study, the highest-funded NFT firm, Forte Labs, is based in the United States, while the second-highest-funded startup, Sorare, is based in France.
With 91 organizations documented, the United States tops the world in terms of NFT startups, accounting for 41.55 percent of all NFT startups. Singapore has 24 NFT firms, accounting for 10.96 percent of all NFT startups worldwide.
With 11 businesses, India now boasts the third-largest number of NFT companies in the world, accounting for 5.02 percent of the worldwide aggregate. Canada, Australia, Japan, and the United Kingdom are the countries that follow India, respectively.
Also Read: Huobi Global Acquires Latin American Crypto Exchange Bitex
Study Shows the United States Is Home to 41% of the NFT Companies Worldwide – In addition to having the most NFT enterprises, the United States also has five of the top 10 NFT companies in terms of funding. Forte Labs, Opensea, Fancraze, Genies, and Pixel Vault are among the US-based NFT companies that have raised a total of $1.6 billion in funding.