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These are the Internet’s most Googled NFT questions – and the answers to them

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  • “What is an NFT?” is searched an average of 948,000 times each month around the world 
  • The second most searched NFT question is “How do you create an NFT?”, which is Googled 287,000 times each month  
  • NFT experts CoinGecko answer the Internet’s most searched NFT questions  

The Internet’s most Googled NFT question is “What is an NFT?”, new research has revealed. 

The study by CoinGecko, the world’s largest independent cryptocurrency site, analyzed thousands of NFT-related search terms to see which is Googled the most, with the most common phrase questioning what an NFT is.

The data indicated that the question is Googled on average 948,000 times every month around the world.

The second most common phrase is “How do you create an NFT?”, which receives an estimated 287,000 average monthly searches online.

In third place is “Where to buy and sell NFTs?”, which is Googled 116,400 times a month on average. 

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The top five is rounded out by “What is the most expensive NFT?” in fourth with 102,000 monthly searches, followed by 64,000 searches each month for “Why are NFTs valuable?”. 

“Are NFTs bad for the environment?” ranks as the sixth most searched NFT question, thanks to an estimated average of 32,000 searches each month globally, followed in seventh by “What does minting mean?” on 29,800 monthly searches. 

Rounding out the eighth and ninth most asked NFT questions is “Why can NFTs be so expensive?” in eighth with 27,000 global monthly searches and “Are NFTs a better investment than crypto?” with 19,200 global searches each month.

Zhong Yang Chan, Head of Research at CoinGecko, provides the definitive answer to each of these key NFT questions: 

  1. What is an NFT? – 948,000 monthly global searches NFTs are unique, non-fungible tokens on the blockchain, often used as digital representations of assets such as art, collectibles, music, video game items, and real-world assets such as property deeds, luxury items, diamonds, and more.
  2. How do you create an NFT? – 287,000 monthly global searches NFTs can be generated through the deployment of smart contracts. NFT marketplaces such as OpenSea, x2y2 and Magic Eden makes the NFT creation process more user-friendly, where the user can upload files and mint them as NFTs on the blockchain.  
  3. Where can you buy/sell NFTs? – 116,400 monthly global searches NFTs can be traded on a variety of marketplace es across different blockchain networks such as OpenSea, Magic Eden, LooksRare, and even on some centralized exchanges such as Binance or FTX.
  4. What’s the most expensive NFT? – 102,000 monthly global searches While most attention on NFTs are focused on profile picture collections like the ‘Bored Ape Yacht Club (BAYC)’ or ‘CryptoPunks’, the most expensive individual NFT is Beeple’s ‘The First 5000 Days’, a collage of art created daily for over 13 years, which sold for $69 million.   The most expensive collection ever sold on the primary market was The Merge by Pak, which raked in $92 million.
  5. Why are NFTs valuable? – 64,000 monthly global searches As with physical art and other collectibles, an NFT becomes valuable if others perceive that it has value. The creator, the community surrounding the NFT, along with other factors, all influence the inherent value of the NFT. In the case of game NFTs, it could represent game asset ownership within the game or metaverse, and the game development or metaverse roadmap can drive the NFT value up or down.
  6. Are NFTs bad for the environment? – 32,000 monthly global searches Environmental concerns surrounding NFTs are because NFTs are minted on the blockchain. However, the most popular chains for NFTs such as Ethereum (post-Merge), Solana and Polygon are all now based on the Proof-of-Stake consensus mechanism, which are energy-efficient. Users can opt for more energy-friendly networks to mint NFTs.
  7. What does minting mean? – 29,800 monthly global searches Minting is the act of generating a record of an item, like an image or audio file onto the blockchain as an NFT. Typically, the record consists of a path to retrieve the item from a database, as well as valuable metadata – for instance, the original creator, time stamp of when it was created, traits and more.
  8. Why can NFTs be so expensive? – 27,000 monthly global searches Select NFTs have fetched soaring prices because of their exclusivity – through the blockchain, an NFT holder can verify that they are the sole owner of an item. In the case of NFT collections, NFTs with popular or rare traits are typically more sought after, and would fetch higher prices, due to its higher demand. Some NFTs also confer special privileges or rights, such as access to an exclusive club or community, which can be attractive to some.
  9. Are NFT’s a better investment than crypto? – 19,200 monthly global searches NFTs are neither better nor worse than crypto as an investment. Just like traditional art, luxury goods, stocks, derivative products and so on, NFTs are merely one of the many asset classes available. Similar to crypto, NFT prices can be extremely volatile in nature, and we advise everyone to do your own research (DYOR) before investing.

This study and the answers given were provided by CoinGecko, the world’s largest independent cryptocurrency aggregator.

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Gaming and Entertainment Europe

The Japanese Indie Shooter One-Two Punch Combo!

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Strictly Limited Games welcomes two new Shoot ‘em up titles in one ‘hot’ combo physical releases for the Nintendo Switch to their store. In collaboration with Hanaji Games, this is the only physical version of these two gems available.

Two Different Styled Shooters, One Great Collection

Mecha Ritz: Steel Rondo is a vertically scrolling ‘score’ focused shooter set in an apocalyptic mechanised world. With seven different ships to choose from, each with different attack and movement properties, this frantic paced shooter delivers deep and satisfying combat. Exciting unlockables – 14 playable mechas, branching paths, multiple endings, and much more will be unveiled as you delve deeper into the game. Quickly clearing enemies and raising your rank is key to unlocking the final stage and is just one ongoing task to complete.

In Mecha Ritz: Steel Rondo, not only does the score hunt and challenging gameplay provide plenty of replay value, but also the branching stage paths will influence the ending. Paired with the quirky story and popping graphics, you sure won’t get bored playing this one.

Dezatopia is a classic arcade styled horizontal shooter with a huge assortment of content, which offers both value and an amazing experience. 24 different stages with 21 bosses arranged in 21 routes, with intuitive and simple controls that will please both experienced and novice gamers. Unique enemies, bosses, weapons galore and interactive components are supplemented with great art and visual backdrops.

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Strange and unusual creatures inhabited Earth’s underground. These unknown to humankind until Momoko, a fashion-obsessed high school girl, accidentally discovered them; but now she plans to create a new world: Dezatopia. Akane and Aoba, Momoko’s schoolmates, are hired to help achieve her directive but things don’t go to plan. The backdrop story could soon become a distant memory, as the all out colourful and non stop, over the top, but compelling, fire and hail explosive onscreen action ramps up!

The craft you control has four unique, intuitive weapons which can each be fired in one direction to halt the enemy onslaught. Upgrades and items can also be purchased from a mid-flight shop, but these advantages are countered by a dynamic difficulty system that automatically adjusts to match the player’s skill level to ensure their experience, strategy, technique and luck are always tested.

Both Mecha Ritz: Steel Rondo and Dezatopia present great and amusing backdrop stories which set the scene for the action and challenges that gamers will encounter once they are ready to face the enemy forces, along with some awesome Bosses and cast that will materialise!

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Gaming and Entertainment Europe

Upcoming Closed Beta Test Announced for VR Multiplayer First Person Hero Shooter ‘X8’

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Thirdverse, Inc. announced that its upcoming title, X8, is looking for fans of multiplayer tactical first person hero shooters to test their skills in VR. Later in December, Thirdverse will run the X8 closed beta test that allows teams of 5v5 to adopt interactive heroic abilities, acquire a variety of weapons and head into battle across competitive maps. Closed beta players will also be mentioned in the game credits and receive a game key.

Space is very limited and players can apply for a chance to win access to the closed beta by leaving a comment in the #beta-apply page here: https://discord.gg/VZbfMX4wc4

Check out the preview trailer for X8 here:

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Masaru Ohnogi, Thirdverse CBO and Executive Producer on X8, said: “Our approach has always been to involve the community and gather valuable feedback in playtests. The upcoming closed beta test for X8 will focus on the user onboarding experience, and will also be a lot of fun as there are multiple maps, weapons and heroes for our playtesters to explore. It’s incredibly important to hear player feedback and we’re really looking forward to what we can learn in the upcoming session.”

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Bring Thee Hottieverse Home: AmazeVR Launches At-Home VR Concerts In Meta Quest

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AmazeVR blew away Megan Thee Stallion fans this year with the Enter Thee Hottieverse VR Concert Tour, reaching 15 major cities across the US. Now, Thee Hottieverse is available on the Meta Quest App Lab, where fans can access the full VR concert complete with new interactive elements, and other fandom essentials.

Fans can now find AmazeVR’s app and preview a song from the VR Concert for free. Additional in-app purchases, including the full experience, are available for $6.99 for a limited time. With purchase, fans can relive each performance, and share their headset with friends and family so they can experience the Hottieverse, too.

Find AmazeVR and Megan Thee Stallion in the Meta Quest App Lab by searching “AmazeVR Megan Thee Stallion VR Concert.

“The Enter Thee Hottieverse VR Concert Tour gave fans the chance to connect with Megan Thee Stallion in a new way. Now, our at-home VR concert is the next step in sharing this experience with those who weren’t able to join us on tour,” says Steve Lee, Co-CEO and Co-Founder of AmazeVR.

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As the first-ever virtual reality tour of its kind, AmazeVR and Megan Thee Stallion made history as AMC Theatres were converted to host fans as they experienced Thee Hottieverse. This isn’t your artist look-alike avatar giving a performance, it’s really Megan Thee Stallion. Fans are transported to their front-row seat at the center of an interactive and futuristic stage, where Megan Thee Stallion and her crew of backup dancers perform right to her fans like never before. Check out concert reactions on AmazeVR’s TikTok.

“This is insane!!! It felt like Megan was dancing in front of me in real life,” One user said in their review. “I could feel her energy run through my veins!! I had originally planned on watching the concert on my couch, but I ended up dancing with her throughout the entire concert. I loved the realistic special effects and the futuristic set designs, as well as the interactive movements I could make with my hands. I’m soooooo excited to see more concerts using this app, and I hope more and more artists will collaborate with the app developer! This was a 7 star experience!!”

VR has become a new avenue for artists to add to their repertoire, giving more opportunities to connect with fans and deliver unique experiences. “We’re excited to reach more fans through the Meta Quest App, and plan to launch more concerts in 2023 through our JV partnership with K-pop giant SM Entertainment,” adds Lee.

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