Year in Review
Roll, the go to social token issuance platform, helped nearly 200 creators issue a social token.
Collab.Land helped maintain tokenized communities with an aggregate market cap of over $300M. The platform powered over 40K wallet addresses and 700 groups with its Discord and Telegram bot.
Token-permissioned access was the killer feature. Karma DAO paved the way.
SeedClub launched the first ever social tokens hackathon with over 10k in prizes.
NFTs: The "port of entry" for all future internet media. - Jesse Walden
NFTs blew up in 2020. From crypto art to DeFi to gaming.
In 2020, $30.7M worth of crypto art was sold.
Over 4,048 artists tokenized their work and sold a total 49,287 artwork pieces.
Beeple proved the crypto art demand by selling $3.5M worth of assets over the course over one weekend.
The artist's "The complete MF collection" was auctioned for $777,777.77 making it the most expensive tokenized artwork of 2020.
2020 was an awakening for social tokens but what's next?
For more in depth details on the projects, tools and professionals driving the social token space forward, check out the full report
Disclaimer: We recognize that this report is not fully inclusive of all social projects in the space. The authors of this report are associated with many of the projects mentioned in this recap and have done their best to remain unbiased. None of the information presented in this report is meant to be treated as financial advice and we recommend that all readers do their own research.
Data by Forefront, Coingecko, Cryptoart, Cryptoartpulse.