26% of Japanese cryptocurrency investors have tried NFT: survey

According to a new survey, at least a quarter of cryptocurrency investors in Japan have experience holding non-fungible tokens (NFT).

Japan’s major cryptocurrency exchange BitBank conducted an online survey to conduct in-depth research on NFT investment trends in the Japanese cryptocurrency market.

freed According to Thursday’s survey results, BitBank stated that it surveyed 2,061 cryptocurrency users between October 26 and November 1. A spokesperson for the company told Cointelegraph that the interviewees included BitBank customers and cryptocurrency holders randomly surveyed via Twitter.

The survey results show that as many as 26% of Japanese cryptocurrency investors have tried to hold NFTs, and most of them represent the younger generation between the ages of 20 and 40.

For most respondents, the main reason for holding NFTs is similar to investing in cryptocurrencies such as Bitcoin (Bitcoin), this is to keep them for a long time. According to BitBank, as many as 60% of respondents said they view NFT as a long-term investment.

According to the survey results, 39% of surveyed NFT holders stated that they had never sold their NFT and were unsure of its value, while more than 22% of respondents had not sold their NFT but knew its value. Another 19% of respondents said they benefited from selling NFTs.

The report also pointed out that art is still the theme of the Japanese crypto market NFT, followed by games, meta festivals, entertainment and sports.

related: Asia Pacific is the world leader in NFT search on Google

The NFT industry is becoming more and more popular in Japan, and the local cryptocurrency exchange Coincheck launched its Own NFT market March 2021.

Since Japan is known worldwide for its influential popular culture (including anime and manga), many Believe The country has great potential to push the NFT movement forward. Earlier this year, the early crypto communicator Mai Fujimoto, also known as Miss Bitcoin, collaborated with the blockchain gaming ecosystem Enjin, Start NFT charity project In Japan.