May 23, 2022

☞ 𝑻𝒉𝒆 𝒘𝒆𝒆𝒌 𝒊𝒏 #𝑵𝑭𝑻𝒔 Vol. 20

#ProbablyNothingDigest 🧵 by SODIUM

Period 05/16-05/22:


The NFT sales volume across collections has further decreased from the last week's plunge, with a volume of USD 397.65m volume in the last 7 days (-45.36%), The top NFT collections have found a stable range, partly seeing an increase of FPs.


NFT trading activity in the past 7 days:

‣ #OpenSea of $212.45 million (-42.89%), 153.34k unique users
‣ #MagicEden of $180.68 million (+14.71%), 138.34k unique users
‣ #X2Y2 of $136.3 million (-1.21%), 3.67k unique users

‣ #Gem.xyz of $37.63 million (-48.12%), 12.53k unique users
‣ #Looksrare of $40.83 million (-22.6%), 9.74k unique users


NFT market overview in the past 7 days:

‣ Unique NFT buyers 72,900 (-1.94%) with 74,227 sellers (+4.32%).

‣ The most whales bought into NotOkayBears

‣ The most whales sold NotOkayBears

‣ The most whales minted FLUF World: Buzzies


A16z rolls out $600 Million gaming, Web3 and Metaverse dedicated fund.  [Read More]

Aave has launched Lens Protocol, an NFT-based decentralized social media protocol that runs on Polygon. [Read More]

Sony announced Metaverse push in latest annual corporate strategy meeting. [Read More]

Hivemind and Algorand have purchased Napster to form an entire Web3 music ecosystem [Read More]

Singapore High Court halts potential sale of BAYC #2162 NFT, as a loan agreement on NFTfi failed. [Read More]

Linktree introduces a new feature in collab with OpenSea to allow creators to showcase their NFTs. [Read More]

OpenSea launches open-source Seaport marketplace protocol allowing NFT bartering [Read More]

Pussy Riot Founder’s UnicornDAO has raised $4.5 million, contributors include Yuga Labs, MoonPay, World of Women, Beeple, aiming to empower women and LGBTQ+ NFT artists. [Read More]

Robinhood to launch a crypto wallet with NFT support.  [Read More]

Twitch Co-Founder’s Web3 company Metatheory raises $24 million for the company’s in-development flagship product ‘DuskBreakers,’ a Sci-Fi franchise. [Read More]

Qatar’s EA Sports FIFA22 e-sports tournament is to be entirely broadcasted in Metaverse. [Read More]

Japanese city Yabu to launch a Metaverse project to promote the city to potential tourists. [Read More]

Dapper Labs’ NBA Top Shot has just surpassed the $1B sales mark on their platform. [Read More]

Gary Vee’s VeeCon NFT-ticketed convention takes place in Minneapolis, May 19-22.

Dubai’s Museum of the Future announced its partnership with Binance NFT. [Read More]

Axie Infinity Origin launched on Android mobile devices [Read More]

Getty Images to launch First NFTs on palm through candy digital. [Read More]

Universal Music Group partners with Limewire, allowing artists to offer NFTs on the LimeWire marketplace [Read More]

Meta (Facebook) has filed trademark applications for 'Meta Pay', indicating plans to launch a payment platform with crypto support.

Dubai has granted the country's first virtual asset license to a #NFT and fan token company, Calvin Cheng Web3 Holdings FZE.

Ledger is launching a browser extension that will allow users to connect their wallets to Web3 apps. [Read More]

Ex-Tesla Senior Director, Tobias Duschl, joins NFT marketplace Vinci as the company’s new COO.  [Read More]

Moonbirds airdropped staked holders a @oddities_xyz NFT, currently trading at 4 ETH

RTFKT announced upcoming forging for its ‘Space Drip’ NFT holders. [Read More]

Indian shoe brand, OCEEDEE launches a Genesis NFT collection including a membership access pass. [Read More]

Hublot, a manufacturer of luxury watches has just obtained its ENS domain. [Read More]


Top 5 NFT collections on Opensea by trading volume:

‣ Top 5 NFT sales by price on Ethereum:

1) Otherdeed #90209 sold for 235 ETH ($465,141 USD)

2) Otherdeed #92769 sold for 230 WETH ($461,985 USD)

3) CloneX #16646 sold for 230 WETH ($460,957 USD)

4) Otherdeed #5702 sold for 199 ETH ($383,633 USD)

5) Bored Ape Yacht Club #957 sold for 175 ETH ($349,901 USD)

‣ #BlueChipNFT Index:

‣ ApeCoin price chart ($APE) 7 days:


News from SODIUM:

🚨 SODIUM has launched the #FairPriceEngine, the protocols automatic NFT value estimation system.

Alpha Test access via

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


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