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 <p class="is-style-lead">Sales of non-fungible tokens (NFTs) on the Bitcoin (BTC) network reached $881 million in December 2023.</p>
 <p>According to the Cryptoslam portal, in December 2023, NFT <a rel="noopener noreferrer nofollow" title="sales" href="https://thebittimes.com/tag/sales.html">sales</a> set the highest single-month <a rel="noopener noreferrer nofollow" title="sales" href="https://thebittimes.com/tag/sales.html">sales</a> <a rel="noopener noreferrer nofollow" title="record" href="https://thebittimes.com/tag/record.html">record</a>.</p>
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   <img decoding="async" width="1024" height="372" src="https://cdn.thebittimes.com/images/2024/01/01/bb9ee4fda347c7f99a54cce6d485e575.webp" alt="NFT sales on Bitcoin hit record in December 2023 - 1"> 
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   Source: Cryptoslam
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 <p>In addition, a <a rel="noopener noreferrer nofollow" title="record" href="https://thebittimes.com/tag/record.html">record</a> 111,713 buyer addresses participated in NFT transactions on the Bitcoin chain in December. Simultaneously, the number of merchant addresses rose to 98,744, marking the highest number of merchants in a month.</p>
 <p>Meanwhile according to Cryptoslam, the total <a rel="noopener noreferrer nofollow" title="sales" href="https://thebittimes.com/tag/sales.html">sales</a> of NFT Ethereum (ETH) amounted to $364.79 million. Sales of BTC-focused NFTs outpaced ETH <a rel="noopener noreferrer nofollow" title="sales" href="https://thebittimes.com/tag/sales.html">sales</a> in December by 2.34 times.</p>
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 <p>The most valuable NFT transaction in December was a digital copy of Vincent Van Gogh’s 1888 self-portrait (Van Gogh painting #216), which sold for $1.19 million. The Ethereum platform held a sale of the Frxethredemption Ticket #33 token, priced at $638,433 in December.</p>
 <p>In December, Bitcoin Core developer Luke Dashjr said that Inscriptions, which are the basis of the Ordinals protocol, contribute to the spread of spam on the network and predicted their imminent end.</p>
 <p>The developer’s statements caused criticism and questions from the community about the appropriateness of such methods of censoring the blockchain. One user&nbsp;noted that most miners would prefer to mine transactions with “inscriptions” as they make “more economic sense.”</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Ordinals boom sent Bitcoin fees to record
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/nft-sales-on-bitcoin-hit-record-in-december-2023-tbt75268.html">https://thebittimes.com/nft-sales-on-bitcoin-hit-record-in-december-2023-tbt75268.html</a></p>

NFT sales on Bitcoin hit record in December 2023

TheBitTimes

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