March 20, 2022

𝑻𝒉𝒆 𝒘𝒆𝒆𝒌 𝒊𝒏 #𝑵𝑭𝑻𝒔 Vol. 11

#ProbablyNothingDigest 🧵 by SODIUM

#OpenSea NFT trading volume on Ethereum in calendar week 11 of $559.8 million / ~195.9 ETH

‣ @MetaMask announced over 30 million monthly active users (+42% to 11/2021), pursuing progressive decentralization including plans of DAO and token

‣ @YugaLabs airdropped @apecoin via DAO. Allocation: 10,094 token per #BAYC,  2,042 token per #MAYC; one $APE ERC-20 token currently worth $10.5, at a market cap of $2.9 billion USD

‣ Average price of BAYC collection rose significantly from 76.11 ETH last Friday with a total volume of 913 ETH, to an average price of 110.15 ETH and 9,583 ETH volume

‣ @HSBC bank entered the metaverse through a 3x3 land plot acquisition in #TheSandbox, to become the 1st global financial services provider

‣ @Baidu airdropped NFT collection “Talking Tom Cat” to the public, ahead of its upcoming NFT marketplace launch later this month

‣ @AmericanExpress hints metaverse entry, 7 trademark applications were filed, indicating plans to offer Cryptocurrency services and Virtual banking

‣ @WWE to launch official NFT marketplace “WWE Moonsault”, allowing users to trade, and receive exclusive premium content

‣ Mark Zuckerberg: “Bringing NFTs to #Instagram in the near term”, rumor that users will be able to mint their own NFTs on the platform

‣ @Diesel released NFT project titled “D:VERSE”, a combination of fashion item NFTs and their limited physical counterparts

‣ NFT fashion platform @SpaceRunnersNFT raised $10 million USD in funding

‣ Universal Music Group acquired BAYC #5537 for 125 ETH to lead its virtual NFT band to produce music & perform virtual concerts in the metaverse

‣ @BossBeautiesNFT launched collab 1/1 NFT collection with @HugoBoss, to help women and girls with mentorships & career success

‣ @TIME to release first-ever full magazine issue as an NFT on the Blockchain featuring a cover story on Ethereum Co-Founder @VitalikButerin

‣ @Doodles NFT partnership with @Shopify to power a real-life merchant store and online presence

‣ According to Cointelegraph, SXSW 2022 festival “showcased immersive NFT and Web3 experiences, lacking cryptocurrency and Bitcoin ecosystem”

‣ NFT collab between @ToyBoogers, @CoolCats, @Deadfellaz, and @Robotos announced, Kitbash Boogers, as expansion collection of 1,111 hand-drawn 1/1 NFTs, to launch in April.

‣ Top 5 NFT collections on Opensea by trading volume:

‣ Top 5 NFT sales by price on Etherium (excl. Meebit)

1) V1 PUNK #6965 sold for 388 ETH

2) Bored Ape #9135 sold for 216.6900 WETH

3) Bored Ape #5552 sold for 188 ETH

4) Bored Ape #4728 sold for 189 WETH

5) Bored Ape #4435 sold for 188 ETH

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𝑻𝒉𝒆 𝒘𝒆𝒆𝒌 𝒊𝒏 #𝑵𝑭𝑻𝒔 Vol. 11 - Brought to you by SODIUM

Unlocking NFT Liquidity with @Sodium_fi

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