Top 3 NFT Marketplaces Had a Combined Trading Volume of $342M in Feb.

Quick take:

• Trading of NFTs is booming in the crypto-verse
• The top 3 NFT marketplace had a combined trading volume of $342 million in February
• 22 NFTs sold for more than $200k in the same month
• NFTs are perfect for collectibles in the various global sports leagues

Like all things revolutionary in crypto, Non-Fungible Tokens (NFTs) have swept the trader and investor community by storm. NFTs, Ticketing and Payments quickly come time mind as plausible use cases for blockchain technology in the NBA.

Chances are that other global sports leagues are keeping an eye on what the NBA Blockchain Advisory Sub-committee comes up with, in a bid to replicate or improve on their ideas.