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# New Study on NFTs Deflates the "Democratic" Potential for the Medium
- URL: https://werd.io/new-study-on-nfts-deflates-the-democratic-potential-for-the/
- Published: 2021-12-07T16:26:59.000Z
- Updated: 2021-12-07T16:26:59.000Z
- Author: Ben Werdmuller
- Tags: #Import 2025-06-13 09:24

“Ten percent of NFT buyers and sellers make as many transactions as the remaining 90 percent, it found, suggesting high concentration in the NFT marketplace. This statistic suggests that decentralized marketplaces have given way to more specialized platforms, which have come to occupy similar roles as gallerists and brand names in the non-crypto economy. The study also revealed that the average sale price of three-quarters of NFTs is just $15; meanwhile, only 1% of NFTs sell for over $1,594.” This seems like a pretty standard power law distribution, which I’m not sure why crypto would be exempt from.

\[[Link](https://hyperallergic.com/697239/new-study-on-nfts-deflates-the-democratic-potential-for-the-medium/?fbclid=IwAR29bwCIRNbKdfPfFuubtysF66p0ycp%5FIgojdSJmkIkY0w5UPJ20VTiAVp0)\]