June 6, 2022

☞ 𝑻𝒉𝒆 𝒘𝒆𝒆𝒌 𝒊𝒏 #𝑵𝑭𝑻𝒔 Vol. 22

#ProbablyNothingDigest 🧵 by SODIUM

Period 05/30-06/05:


A new wave of NFTs has arrived, free mint projects @Goblintownwtf and @wagdie_eth generated a secondary market sales volume of USD 37.6m / USD 14.5m in the past seven days, with many derivative projects following. Markets seem slow but have stayed stable, whereas volume gained some momentum (+18.31), but overall unsustainable short moves.


NFT trading activity in the past 7 days:

‣ #OpenSea of $214.93 million (+19.34%), 160.55k unique users
‣ #X2Y2 of $150.34 million (+1.69%), 6.27k unique users
‣ #MagicEden of $107.23 million (-33.69%), 135.21k unique users
‣ #Gem.xyz of $53.84 million (+85.05%), 22.94k unique users
‣ #Looksrare of $23.35 million (-31%), 6.29k unique users

NFT market moves in the past 7 days:

‣ Unique buyers 88,606 (+5.75%), with 88,272 sellers (+11.87%)
‣ The most whales bought into goblintown
‣ The most whales sold goblintown
‣ Number of mint activities by whales 4.98k


Period 05/30-06/05:

Goblintown, a free to mint NFT project, made $36.5 million in secondary sales with a total of 2,709 buyers, current market cap of $116 million, FP at 5.9 ETH.

‣ The ApeCoin DAO has initiated a proposal to keep $APE within the Ethereum ecosystem. Current results: 51.38% in favor. [Read More]

‣ Apple sparks rumors of NFT ahead of the upcoming WWDC 2022 developer conference. [Read More]

‣ “Okada & Company” listed a NY-based building as NFT for 15,000 ETH (28M USD). [Read More]

‣ Binance Labs confirmed a new $500 million Web3 investment fund. [Read More]

‣ Yuga Labs charges original Otherside NFT creator over trademark infringement. [Read More]

‣ South Korea’s government has allocated $177 million to invest in the metaverse. [Read More]

‣ Bored Ape Yacht Club Discord servers compromised, 32 NFTs totaling 200 ETH were stolen.  [Read More]

‣ Kanye West has filed 17 trademark applications for NFTs around the Yeezus brand, including amusement parks, NFTs, and toys. [Read More]

‣ Yuga Labs released info & website for #ApeFest22. [Read More]

‣ Prada joined top luxury brands way into Web3 with NFTs. [Read More]

Jadu has raised $36 million for the upcoming AR and NFT game ‘Jadu Mirrorverse’. [Read More]

‣ Crypto Exchange OKX Partners with the Everdome Metaverse. [Read More]

‣ DC Comics to launch standalone NFT marketplace. [Read More]

‣ KAWS, Pharrell & Nina Chanel Abney to launch NFT Platform #Goda as empowerment for artists. [Read More]

‣ Car manufacturer MG Motors announced the upcoming metaverse ‘MGverse’. [Read More]

‣ India based global fintech firm Kiya.ai unveiled the country’s first-ever banking metaverse. [Read More]

‣ SHŌ Group creates NFT-based access for its Hospitality Services Club in San Francisco. [Read More]

‣ WWE & Fox announced the launch of Genesis NFT Sale on Moonsault. [Read More]

‣ Mariah Carey is entering Web3 through the launch of a 1/1 Boarding Pass NFT. [Read More]

‣ Jim Carrey bought his first NFT, ‘Devotion’ on SuperRare, from the collection “The Wild Within” for 20 ETH. [Read More]

‣ Football player James Rodríguez announced launch of NFT collection, including 1500 NFTs, highlighting key achievements of his career. [Read More]

‣ Decentraland announced the launch of the world’s first Web3-powered, permanent, digital space for the global LGBTQIA+ community. [Read More]

‣ Disney extends push into Metaverse by hiring former Apple Executive as Head for Metaverse Creative Strategy. [Read More]

‣ The Weeknd partners with Binance for the first "Crypto-Powered" World Tour to integrate Web3 technology. [Read More]

‣ Snoop Dogg has announced plans to open a Bored Ape #NFT-themed dessert restaurant. [Read More]

‣ NFT-funded Film ‘The Infinite Machine Movie’ enters Decentraland. [Read More]

‣ Ex-OpenSea Head of Product has been charged with NFT insider trading. [Read More]

‣ The number of NFTs minted on the #Cardano network has surpassed 5 million.


Top 5 NFT collections on Opensea by trading volume:

Top 5 NFT sales by price on Ethereum:

1) Bored Ape Yacht Club #784 sold for 180 ETH ($347,834 USD)
2) Bored Ape Yacht Club #7725 sold for 189.9 ETH ($345,315 USD)
3) Bored Ape Yacht Club #2309 sold for 170 WETH ($338,713 USD)
4) Bored Ape Yacht Club #4890 sold for 185.69 ETH ($337,659 USD)
5) Bored Ape Yacht Club #7725 sold for 160 WETH ($312,328 USD)

#BlueChipNFT Index:

Calculated by weighting the market cap (ETH/USD) of Blue Chip collections to reflect their performance.

ApeCoin price chart ($APE) 7 days:


Updates from SODIUM:

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


‣ Your new favorite weekly NFT digest newsletter launched!

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