Trump NFTs 'Very Good For Mainstream Web3 Adoption,' Says Polygon Co-Founder

For the second month in a row, more individual NFTs have been sold on Polygon MATIC/USD than on Ethereum ETH/USD via OpenSea.

What Happened: According to the Dune dashboard, in January, OpenSea led the way with over 1.5 million NFT sales on Polygon, significantly outstripping the 1.1 million sales on Ethereum.

This trend started in December when OpenSea facilitated a total of 1.3 million NFT trades via Polygon and under one million NFTs traded via Ethereum.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

Sandeep Nailwal, co-founder of Polygon, responded to a tweet by a Twitter user that said, "Trump NFTs are one of the best NFTs in crypto and will have an amazing spotlight on them in a few months".

Nailwal replied, “ Political views aside, I also think that Trump NFTs are very good for mainstream Web3 adoption overall.”

Political views aside, i also think that Trump NFTs are very good for mainstream Web3 adoption overall.

As always, shameless plug - Powered by @0xPolygon

Donald Trump digital trading cards caused a stir in January, becoming the number one NFT collection on Polygon according to OpenSea. The NFTs experienced impressive sales of over 5,500, resulting in a whopping 1,743 ETH (approx. $2.8 million) in trading volume.

Price Action: At the time of writing, Ethereum was trading at $1700, up 7% in the last 24 hours, according to Benzinga Pro data.

Read Next: Bitcoin Crosses $24K, Ethereum, Dogecoin Spike After Fed Hints Disinflation: Analyst Says Further Apex Crypto Moves Will Be 'So Violent'

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Posted In: CryptocurrencyNewsMarketsDonald TrumpNFTSandeep Nailwal
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