☞ 𝑻𝒉𝒆 𝒘𝒆𝒆𝒌 𝒊𝒏 #𝑵𝑭𝑻𝒔 Vol. 19

NFT trading activity in period 05/09-05/15:

‣ #OpenSea of $379.85 million (-37.85%), 106.67k unique users
‣ #MagicEden of $167.81 million (-21.22%), 112.96k unique users
‣ #X2Y2 of $140.84 million (+24.09%), 3.05k unique users
‣ #Gem.xyz of $74.06 million (-25.37%), 7.55k unique users
‣ #Looksrare of $53.68 million (-32.65%), 8.69 unique users

‣ The NFT sales volume has taken a plunge amid a broader crash in the crypto market. With the volume surpassing USD 844.7m volume in the last 7 days (-47.79%), the sudden drop in floor prices resulted in an increase in demand.

‣ Azuki NFT creator admitted to abandoning previous failed projects Cryptophunks, Cryptozunks, and Tendies. The floor price of Azuki dropped from 19 ETH to 8.5 ETH and rebounded to 14.5 ETH

‣ YugaLabs’ Otherside Metaverse rolled out a sneak peek of the gameplay of its metaverse

‣ Madonna and Beeple launched NSFW NFT series “Mother of Creation”,  a three-video close-up shot of a naked CGI Madonna giving birth.

‣ Instagram started testing its #NFT integration, 3D virtual reality #NFTs to be compatible with Instagram stories.

‣ Under Armour announced to drop Stephen Curry-inspired NFTs for every three-point shot made by the NBA player during the playoff games.

‣ Arsenal partners with Unagi to enter NFT based P2E game “Ultimate Champions”.

‣ OpenSea announced updates to its duplication controls and verification process.

‣ An emergency cease-and-desist order was filed against the Flamingo casino club by state securities boards in Texas, Wisconsin, Kentucky, New Jersey, and Alabama.

‣ Ledger has added support for Solana staking on its hardware wallet.

‣ Sorare to expand its offerings with the upcoming Major League Baseball NFT game.

‣ 150+ Chinese companies formed the “Metaverse Special Committee” dedicated to metaverse development in China.

‣ Animoca Brands announced its partnership with @untamed_planet to develop and publish Untamed Metaverse, a nature-oriented NFT game.

‣ VeeFriends partners with Johnnie Walker, sending owners of the 555 ‘Gift Goat’ NFT a limited series whiskey, as holders will receive 6 physical gifts per year.

‣ The Global Esports Federation has established its own branch “the Metaverse Council”, to shape its Web3 efforts.

‣ The FIFA announced Algorand as its official Blockchain partner.

‣ Top 5 NFT collections on Opensea by trading volume:

‣ Top 5 NFT sales by price on Ethereum:

1) Otherdeed #17164 sold for 604.69 WETH ($1,148,342 USD)
2) Bored Ape Yacht Club #1725 sold for 250 ETH ($588,883 USD)
3) Otherdeed #72208 sold for 179.95 ETH ($432,904 USD)
4) Bored Ape Yacht Club #7265 sold for 200 ETH ($402,098 USD)
5) Bored Ape Yacht Club #7576 sold for 177 ETH ($356,115 USD)

‣ ApeCoin price chart ($APE) 7 days: