Explosive Growth in the Paras NFT Marketplace: A 6-Month Review

In the past 6 months, the Paras NFT marketplace has experienced approximately 14K transactions, with 3.2K buyers and 2.8K sellers. The platform's sales volume is around $447K USD (118K NEAR). The average sales volume was about $32 USD, while the maximum sales price reached $2K USD.
Examining the data over time reveals significant growth. Monthly transactions have increased from March 2024 to the present. For instance, compared to April of the previous year, transactions increased by about 2300%, which is remarkable. The platform had only about 28K fewer transactions compared to its all-time high (ATH) in April 2022.
Additionally, the data shows that in April 2024, the platform experienced an ATH in the number of returning users, and in March 2024 the platform experienced an ATH in the Number of total users, and new users, indicating growth in both the platform and the Near NFT space.
Analyzing user activity over the last 6 months, most users made only one transaction, while only 30 users made more than 50 transactions. Grouping transactions by their volume reveals that most transactions were less than $10 USD.
Furthermore, the collection "tinkerunion_nft.enleap.near" had the highest sales volume, with about $150K USD, making it the most popular collection in the last 6 months.
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Paras is an NFT marketplace that focuses on digital collectibles. We thrive upon bringing conventional collectibles to crypto space. We started with digital art cards that were inspired by real-world trading cards that have been bulletproof and forever lasting since they were introduced back in the 80s. We believe that every single physical art form needs to be stored and digitized to keep it future-proof. Paras, an all-in-one digital collectible marketplace, is eager to diversify the assets to digital collectibles.
We want to produce and develop crypto-native IP as we believe that by creating new exclusive IPs, we could tailor and design new experiences of these mediums: comics, games, and toys. Giving utility and use cases over digital assets could create more value to collectors and creators. In the end, we would like to build our own metaverse where Paras becomes the gateway to access multiple sources of entertainment Link.