April 26, 2022

☞ 𝑻𝒉𝒆 𝒘𝒆𝒆𝒌 𝒊𝒏 #𝑵𝑭𝑻𝒔 Vol. 16

#ProbablyNothingDigest 🧵 by SODIUM

Period 04/18-04/24:


🚨 UPDATE from our Protocol:

SODIUM, a decentralized liquidity market protocol for digital assets, has launched The Fair Price Engine - an automatic NFT price estimation system.

Alpha Access claimable via Whistelist (open for digest readers now!) here:

https://sodiumofficial.medium.com/sodium-fair-price-engine-alpha-launch-1cace551ead1

SODIUM's Fair Price Engine™ has launched in Alpha version - access via www.sodium.fi


NFT trading activity in period 04/18-04/24:

‣ @OpenSea of $764.82 million / ~254.46k ETH (+18.6%)
‣ @Gem.xyz of $173.21 million / ~55.69k ETH (+26.9%)
‣ @Looksrare of 130.19 million / ~39.01k ETH (+46.95%)
‣ @X2Y2 of $35.08 million / ~10.36k ETH (+32.8%)

‣ OpenSea has acquired NFT aggregator platform Gem.xyz to expand services and experiences for “pro” users.

‣ Bored Ape Yacht Club NFT collection has hit a new all-time high floor price of 138.5 Ethereum.

‣ Yuga Labs has announced the launch of the Bored Ape Yacht Club metaverse on April 30 with $APE acting as its governance token.

‣ Fidelity Investments is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse.

‣ Coinbase NFT unveiled the beta version of its NFT marketplace allowing the NFT community to trade on the Ethereum blockchain.

‣ The official Bored Ape Yacht Club Instagram account has been hacked, 13 NFTs estimated at a total value of $3 million USD have reportedly been stolen.

‣ Snoop Dogg is set to bring a digital weed farm in the mafia themed metaverse project MOBLAND.

‣ Samsung has invested $25 million in the South Korean AR-focused metaverse startup DoubleMe.

‣ Goldman Sachs Analysts reportedly see the "main race" for the metaverse is between Apple and Meta (Facebook).

‣ Fidelity opens eight-floor educational Metaverse experience in Decentraland.

‣ Nissan and Toyota have entered the metaverse after launching a virtual showroom and a virtual workspace.

‣ Hyundai announced its partnership with the NFT brand “Meta Kongz” to enter an online community-based NFT market.

‣ Chinese sportswear brand Li Ning will release a line of clothing featuring the Bored Ape Yacht Club #4102 NFT.

‣ Alibaba’s food delivery service Ele.me launched its first NFTs collection with the Hangzhou Cuisine Museum, the NFTs will be non-transferable.

‣ “Mastercard recognizes that digital assets are revolutionizing the financial landscape," according to Raj Dhamodharan, Mastercard’s head of crypto and blockchain products.

‣ The US Air Force has filed a trademark application for “Spaceverse”, a metaverse, for testing and simulated training.

‣ David Beckham filed Metaverse-related trademarks applications hinting at plans for NFTs + digital tokens, Virtual clothing + footwear + headgear, Virtual performances + entertainment events.

‣ Azuki’s previously made Airdrop “Beanz” revealed, current floor price is 5.07 ETH at 28.4K ETH volume traded.

‣ Proof Collective’s “Moonbird” NFT Collection generated upwards of $349 million USD (116.5K ETH) in sales volume since its launch ten days ago.

‣ Louis Vuitton to release new PFP NFT rewards in its stand-alone mobile application game ‘Louis: The Game’.

‣ Nestlé released its first NFTs in Middle East & North Africa to honor the debut of their “TRIX” breakfast cereal brand.

‣ NBA launched NFT collection ‘Association NFTs’, inlcuding 18,000 NFTs, featuring 75 dynamic NFTs of each player from the 16 teams, after minting mishap collection size was increased to 30,000 NFTs.

‣ NFT collection VeeFriends released Series 2, comprises 55,555 NFTs with a mint price of 0.335 ETH, current floor price is 1.09 ETH at 10.4K ETH volume traded.

‣ British luxury department store Harvey Nichols launches NFT Retail Space in Hong Kong, allowing collectors to purchase Blue-Chip NFTs.

‣ The Sandbox buys Moonbird #2642 NFT for a record of 350 ETH ($1,037,434 USD) to display it in its metaverse.

‣ Dolce & Gabbana launched its NFT project “DGFamily Glass Box”,  a total of 5,000 DGFamily boxes grant access to digital experiences and IRL events.

‣ NFL Drops 2022 draft-themed ‘Virtual Ticket’ NFTs on Flow blockchain, releasing 52 NFT collectibles dedicated to each team.

‣ The Sandbox to begin the Mega City 2 LAND Sale on April 28.

‣ Meta (Facebook) opens first physical retail store, along with an online shop, located at the company’s campus in California customers will be able to experience and purchase the Quest 2 VR headset and smart glasses created in collaboration with Ray-Ban.

‣ The global transport operator “MTR Corporation” has joined The Sandbox metaverse to build a railway-focused virtual space.


Top 5 NFT collections on Opensea by trading volume:

Top 5 NFT sales by price on Ethereum:

1) Moonbirds #2642 sold for 350 ETH ($1,037,434 USD)
2)Moonbirds #3904 sold for 305 ETH ($902,451 USD)
3)Moonbirds #5602 sold for 299 ETH ($885,118 USD)
4)Moonbirds #3964 sold for 253.12 ETH ($750,810 USD)
5)Moonbirds #181 sold for 253.12 ETH ($750,810 USD)

ApeCoin price chart ($APE) 7 days:


The #ProbablyNothingDigest 🧵 brought to you by SODIUM

☞ Unlocking NFT value with @Sodium_fi

⬇ ⬇ ⬇ ⬇ ⬇ ️ ⬇

🚨 SODIUM has launched The Fair Price Engine, the automatic NFT asset pricing system!

Limited Alpha Access via:
https://sodiumofficial.medium.com/sodium-fair-price-engine-alpha-launch-1cace551ead1


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