Amid the ongoing nonfungible token (NFT) boom, people in Asia-Pacific (APAC) countries appear to be the most curious about NFTs, according to Google Trends data.
Google Trends data shows that China, Singapore and Hong Kong are the three top countries in the world in terms of the number of “NFT” searches on Google over the past year.
According to the data, China has posted the highest number of such searches, with the Google search index amounting to 100 points. Singapore and Hong Kong follow with 67 and 62 points, respectively. Other major “NFT”-searching countries include Venezuela, the Philippines, Cyprus, Canada, New Zealand, Australia and the United States.
Source: Google Trends
The most populous nation in APAC, China, could be moving into NFTs to alleviate the consequences of the country’s latest super crypto ban announced in late September, according to Khashayar Abbasi, a contributor at finance-focused publication Bankless Times.
“The country recently banned cryptocurrency trading, which could see crypto-keen investors move over to NFTs,” Abbasi said. He noted that China’s e-commerce giant, Alibaba, launched its own NFT marketplace in August, which could also further fuel the popularity of NFTs in China.
According to a report by Bankless Times, the biggest amount of “NFT” searches in China came from the eastern province of Zhejiang, the city of Shanghai and Hubei province, now best-known as the home of Wuhan. It should be noted that Google has been…
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