Polygon’s NFT marketplace has been booming lately, largely propelled by the real-world asset (RWA) platform Courtyard. In the last seven days, Polygon’s daily NFT sales have surpassed those on Ethereum. Courtyard had a considerable hand in Courtyard’s success, accounting for a staggering $20 million in sales. This massive increase represents the tremendous interest in RWAs and how they connect and fit into the broader blockchain ecosystem.
Courtyard, a platform that sells physical trading cards linked to NFTs on the Polygon network, has become a major player in Polygon's NFT ecosystem. It’s important to note that the NFT platform accounts for the overwhelming majority of Polygon’s NFT volume. On the NFT Earth Day, April 22, Courtyard logged $2.746 million in NFT sales, showcasing the platform’s rapidly-growing popularity among both collectors and investors alike. Additionally, every physical trading card sold on Courtyard is tied to one exclusive NFT on the Polygon network. This establishes a far more physical connection to the digital asset.
The major increase in sales has brought in a lot of new buyers to the Polygon network. In the last week, Polygon only managed to attract 39,027 unique buyers who bought NFTs. In the last week, buyers on Polygon increased by 81.61%. This exceptional uptick indicates growing demand for the platform’s NFT offerings. Polygon overtook Ethereum in total individual buyers, underscoring its status as a top blockchain for NFTs.
Polygon’s mission to offer a scalable and low-cost platform for NFTs helped fuel their NFT boom. Combined with this network’s lower transaction fees and faster processing times, it creates an appealing place for both creators and collectors. And the demand for RWAs is through the roof. Emerging platforms like Courtyard are becoming essential players in the NFT ecosystem and NFT.
