2022 was a difficult year for NFT photography collectors. Out of all the NFT photography collections, only 10 collections traded above their 2021 levels, while the remaining collections continued to grind lower as attention flowed toward other categories, such as PFPs and Generative Art. Looking at the chart, we can see the overall trading volume is dominated by 3 collections, namely Twin Flames, Where My Vans Go, and Editions x Guido. While Quantum Art Curated has a 15% volume share over other photography NFT collections, they consist of more than 10 active collections worth of volume.
Collections that tend to do well typically also have a small collection size, as the implied scarcity and provenance of the creator dictate the value derived from their NFT photographs. This is unlike the typical 10K PFP collections we see today, which focus more on digital collectibles and utility as social networks.