- Nearly 1 million people tweeted about
NFTs last month. - California, Oregon, and Washington account for a large portion of interest in digital assets.
- The West Coast has often been an early adopter of new technology.
Interest in crypto-based digital assets is primarily focused in the West Coast, while middle America seems to have been left out of the conversation, according to data from bitreporter.com, a site dedicated to analyzing blockchain trends.
The digital assets, known as non-fungible tokens or NFTs, have picked up steam in the past few months. Last year, NFTs accounted for a $250 million market, according to a report from tech tracking company L'Atelier BNP Paribas and nonfungible.com. In the past 30 day alone,
Last week, digital artist Beeple sold a crypto art piece for a record breaking $69.3 million. Many musicians have also capitalized on NFT mania, bringing in millions of dollars in a matter of hours.
Last month, nearly one million people tweeted about NFTs, according to bitreporter.com. The states that tweeted the most about the digital assets include California, Oregon, and Washington.
"It's not surprising that NFTs are seeing interest peak on the West Coast, especially in regards to
Many creators use Twitter to inform their fans about recent NFT drops. Twitter and Discord have also become popular sites for reselling digital assets across NFT platforms.
The site used geotagged tweets about NFTs to track involvement across the country, looking at anything from keywords to hashtags and phrases related to
California and the West Coast has often been an early adopter of new technology and ideas. Silicon Valley investors have been known for driving investment trends and some of cryptocurrency's earliest and biggest investors live in the West Coast.
"Many thought
Several investors and celebrities have already expressed interest in NFTs. Billionaire Shark Tank investor Mark Cuban has been very vocal about his interest in digital assets, from buying highlight reels off NBA Top Shot to
Cuban told Insider NFTs could create their own economy, providing small businesses and creators with new streams of revenue.