2023 Survey: What HNWIs Think About NFTs

What we're showing

This graphic visualizes results from Knight Frank's 2023 High Net Worth Pulse Survey, which polled respondents on their views regarding NFTs.

Key takeaway

NFT bulls are still a sizeable group, though it's important to note that this survey was conducted in January 2023.

Context

In September 2023, crypto gambling website dappGambl made some shocking claims about the NFT market:

• Of the 73,257 NFT collections they identified, 69,795 of them had a market cap of 0 Ether (ETH).
• This means that 95% of NFT owners (representing 23 million people) are holding worthless investments.