☞ 𝑻𝒉𝒆 𝒘𝒆𝒆𝒌 𝒊𝒏 #𝑵𝑭𝑻𝒔 Vol. 17
#ProbablyNothingDigest 🧵 by SODIUM
🚨 UPDATE from SODIUM:
SODIUM, a decentralized liquidity market protocol for NFTs, has launched the Alpha Version of the"Fair Price Engine" - it's automatic NFT price estimation system.
https://sodiumofficial.medium.com/sodium-fair-price-engine-alpha-launch-1cace551ead1
The week in NFTs - Period 04/25-05/01:
NFT trading activity in period 04/18-04/24:
‣ @OpenSea of $1.08 billion / ~384.33k ETH (+53.3%)
‣ @Gem.xyz of $169.97 million / ~59.29k ETH (+4.32%)
‣ @Looksrare of 139.29 million / ~44.72k ETH (+1.36%)
‣ @X2Y2 of $43.17 million / ~13.63k ETH (+38.4%)
Yuga Labs' #OtherDeeds land sales generated more than $310 mio. USD
Yuga Labs posted its intention to migrate #ApeCoin to its own blockchain, after burning ∼$154 mio. USD gas fees during the mint event
#Ethereum domain name (.eth) sales have increased by 2,300% in the last 7 days, 4-digits sell from 1.5 - 2 ETH range
Bored Ape Yacht Club #NFT collection has hit a new all-time high floor price of 152 ETH
Coingecko has reported that the #NFT market is expected to move more than $800 billion in the next 2 years.
#Bilibili, a Chinese video streaming platform has released an NFT collection on Ethereum, making it one of the first Chinese internet giants to enter the global NFT market.
American Idol has filed a trademark application for games, rewards, and digital collectibles relating to a talent competition series authenticated by NFTs.
Solana-based NFT Collection “Okay Bears” generated 187,543 SOL (~ $18.4 million) in sales in its first 24 hours.
OpenSea is now accepting ApeCoin $APE as a payment method.
Formula-1 team Mercedes-AMG to launch a three-part NFT concept that’ll be offered free from May 7th on FTX.
RTFKT’s MNLTH NFT revealed, including Nike Dunk Genesis HMN CryptoKicks, SKIN Vial and MNLTH II.
Holders of Adidas’ “Into the Metaverse NFT” are now able to claim physical merchandise and advance to the Phase 2 of the ecosystem by burning Phase 1.
Murakami to open the three-part “An Arrow through History” exhibition in New York City on May 11, 2022, reports claim the Murakami.Flowers Seed reveal during the expo.
The Louis Vuitton NFT game is reaching two million total downloads.
Chris Brown to launch his debut NFT collection called “The Auracles”
PGA Tour entering NFT space by announcing partnerships with Sorare and Autograph
Turkish Football Club Trabzonspor to launch their first NFT collection in Q2 2022 on Sportium
Snoop Dogg announced the launch of the platform NFT.com, and the release of 10,000 Genesis Key NFTs.
‣ Top 5 NFT collections on Opensea by trading volume:
‣ Top 5 NFT sales by price on Ethereum:
1) Bored Ape Yacht Club #2980 sold for 381.045 WETH ($1,069,346 USD)
2) Moonbirds #3692 sold for 292.25 ETH ($862,741 USD)
3) Otherdeed #9 sold for 300 ETH ($852,531 USD)
4)Moonbirds #5079 sold for 300 ETH ($841,963 USD)
5) Otherdeed #81147 sold for 291.058 ETH ($818,855 USD)
Calculated by weighting the market cap (ETH/USD) of Blue Chip collections to reflect the performance of the overall NFT market.
‣ ApeCoin price chart ($APE) 7 days:
The other side of the #otherside
The #Upside
Access Alpha Testing via:
https://sodiumofficial.medium.com/sodium-fair-price-engine-alpha-launch-1cace551ead1
Thank you for reading - The #ProbablyNothingDigest 🧵 brought to you by SODIUM
☞ Unlocking NFT value with @Sodium_fi
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