The data provided by the NFT analytics platform Nansen indicates that over the course of the last year, Ethereum and Polygon have emerged as the most popular blockchains among NFT collectors and dealers.
Ethereum is the best when it comes to the volume of sales and mints, whereas Polygon is the best when it comes to the volume of wallets. This comes as the news of Doodles, one of the most successful Ethereum NFT projects, launching its Doodles 2 on the web3 platform Flow instead of Ethereum continues to make rounds.
Sports NFT efforts like NBA Top Shot and NFL All Day have brought Flow the most attention. There was an NFT NYC event in June of 2022 when Doodles 2 was initially unveiled. It’s reported to include millions of NFTs as opposed to the original Doodles’ 10,000 avatars, but it nevertheless keeps the original’s pastel, cartoonish look.
In 2017, Dapper Labs contributed to the development of the NFT standard for Ethereum, and its subsequent project, CryptoKitties, almost brought the platform to a halt as people swarmed to buy, sell, and trade virtual cats. Dapper has now opted to develop its own blockchain network and has promised to connect CryptoKitties on Ethereum with Flow by 2020.
As for Polygon, it recently paid $3 million to y00ts NFT collection to leave Solana and bring its project to Polygon. It seems that the transfer to the new blockchain is the only condition tied to the provided funding. Y00ts founder Frank said that the funding is coming in the form of a “non-equity grant,” indicating that Polygon would not be acquiring any ownership in DeLabs.
