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In the crypto community, owning NFTs has advantages; 52% want to buy them with credit cards

A recent report found that 92% of respondents see advantages of owning a NFT, and 52% want to use a credit card to purchase one.

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According to DappRadar and Alsomine’s recent joint report, the vast majority of respondents believe owning an NFT is advantageous, while slightly over half value the ability to use their credit cards to purchase NFTs.

92% of participants saw an advantage in owning an NFT, while 52% rated “the ability to purchase with credit cards” as their top two priorities.

NFTs have several advantages

Approximately 65% of participants said they saw a “big advantage” in owning an NFT, and another 27% said they saw a “some advantage.”

As for specific advantages of owning an NFT, 31% said they valued earning and saving money the most, followed by Asset Ownership and Gaming & Metaverse at 22% and 19%, respectively.

Participants with proficient knowledge of NFTs valued the ability of NFTs to provide membership and access privileges the most, despite ranking fourth with 18%. Among new users, the most valuable use case of NFT was that it functions as a ticket or admission pass.


The report shows that 52% of respondents valued the ability to use their credit cards when purchasing NFTs.

38% of the 52% are experienced users who have used a digital wallet or bought crypto before. Women also seemed more likely to use their credit cards to purchase NFTs.

There is still a market for NFTs

Despite the coldest winter in crypto history, the on-chain NFT trading volume at the end of 2022 was $24.7 billion, down slightly from $25.1 billion in 2021.

The number of unique trades increased by 19.75% in 2022, reaching 6.9 million. NFT sales also increased by 67% to 107 million.

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