☞ 𝑻𝒉𝒆 𝒘𝒆𝒆𝒌 𝒊𝒏 #𝑵𝑭𝑻𝒔 Vol. 21
#ProbablyNothingDigest 🧵 by SODIUM
Ethereum to set a new record 9-week losing streak, further pushing NFT sales down to a volume of USD 331.14m in the past 7 days (-21.6%). Despite ETH price decreasing, we’ve seen stealth launches that are making good moves, like gmoney or rektguy.
NFT trading activity in the past 7 days:
‣ #OpenSea of $169.77 million (-14.31%), 127.53k unique users
‣ #MagicEden of $167.9 million (+9.94%), 138.09k unique users
‣ #X2Y2 of $146.78 million (+16.91%), 4.67k unique user
‣ #Looksrare of $33.7 million (-6.04%), 7.43k unique users
‣ #Gem.xyz of $28.88 million (-18.05%), 16.76k unique users
NFT market overview in the past 7 days:
‣ Unique buyers 79,390 (-5.85%), with 76,035 sellers (-9.55%)
‣ The most whales bought into goblintown.wtf
‣ The most whales sold goblintown.wtf
‣ Number of mint activities by whales 5.85k
‣ Sodium's Fair Price Engine - the ML-powered NFT value estimation system, has published major updates of its Alpha model, allowing an actual WAPE of approx. 6.9% 🧬
This marks a new industry-wide leading accuracy in NFT value estimation 🤌
‣ Solana flipped Ethereum for the first time in 24-Hour NFT trade volume ($24.3 vs. $24 million). [Read More]
‣ GameStop unveiled crypto wallet in Beta ahead of its #NFT marketplace launch. [Read More]
‣ MetaMask to integrate Coinbase Pay into their wallets. [Read More]
‣ eBay has partnered with Sports Illustrated x Wayne Gretzky NFT collection to drop its first NFTs. [Read More]
‣ ‘RNTs’- room-night tokens - an NFT booking concept for hotels to be kicked off in a hotel in the Dominican Republic, using NFTs as a reservation tool. [Read More]
‣ Netflix show ‘Love, Death + Robots’ third season returns with a scavenger hunt, including nine QR codes to get access to an NFT. [Read More]
‣ P2E NFT App #STEPN forced to stop supporting users from China. [Read More]
‣ OnlyFans founder to launch Zoop, an NFT trading card platform. [Read More]
‣ Tezos displayed NFT exhibit in Art Basel Hong Kong [Read More]
‣ Gucci unveiled virtual ‘Gucci Town’ in Roblox. [Read More]
‣ Azuki NFT airdropped a phygital NFT leather jacket to its holders, token currently trading at 0.21 ETH ($406 USD). [Read More]
‣ MetaMask to partner up with #AssetReality , to assist in recovering and accessing stolen crypto assets. [Read More]
‣ AVAX has submitted a proposal to migrate BAYC’s ‘Otherside’ on an Avalanche subnet. [Read More]
‣ Rarible integrates Immutable X to create eco-friendly NFTs. [Read More]
‣ OpenSea launched a refreshed user interface. [Read More]
‣ RTFKT and Loopify’s #SpaceDrip project allows NFTs holders to claim an exclusive pair of digital and physical Nike-branded sneakers. [Read More]
‣ Oracle Red Bull Racing released NFTs on Tezos for the Monaco Grand Prix. [Read More]
‣ BAYC will release the first tech demo of its upcoming Otherside #metaverse on July 16. [Read More]
‣ Argentine Football Association partnered with Ethernity to drop NFTs, including Maradona and Messi. [Read More]
‣ Elvis Presley enters the metaverse, releasing 1,935 Genesis NFTs, alongside collabs with Decentraland, Voxel Architects, and The Sandbox. [Read More]
‣ The first official NFL blockchain game ‘NFL Rivals’ has been announced. [Read More]
‣ Top 5 NFT collections on Opensea by trading volume:
‣ Top 5 NFT sales by price on Ethereum:
1) Bored Ape Yacht Club #5177 sold for 250 ETH ($446,463 USD)
2) Otherdeed #95158 sold for 220 WETH ($428,981 USD)
3) Bored Ape Yacht Club #2664 sold for 199.99 ETH ($390,125 USD)
4) CryptoPunk #3764 sold for 190 ETH ($389,550 USD)
5) Bored Ape Yacht Club #5034 sold for 199 WETH ($361,211 USD)
‣ ApeCoin price chart ($APE) 7 days:
🚨 SODIUM has launched the #FairPriceEngine, the protocols automatic NFT value estimation system.
https://sodiumofficial.medium.com/sodium-fair-price-engine-alpha-launch-1cace551ead1
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