☞ The week in NFTs - Volume 29
#ProbablyNothingDigest 🧵 by SODIUM
Gm NFT frens and other people!
An all fresh episode of the #ProbablyNothingDigest - The Week in NFTs - Volume 29 is out, you're enjoying it first hand by following us on Telegram & Twitter.
The crypto and NFT markets flipped red ahead of a two-day Fed meeting, which is expected to see a 75-basis-point rate hike. Within the top-10 NFT collections, Moonbirds (-30.2%) is taking the lead, followed by Doodles (-26.1%) and Azuki (-19.5%).
Heavy bounce: After Minecraft’s NFT ban announcement, “NFT Worlds” Floor Price dropped from 3 ETH down to 0.5 ETH, at back to the current FP of 1.2 ETH.
‣ NFT Market Cap & Sales Volume:
Last week's sales volume further decreased by 8.14%, resulting in a volume of USD $286.14 million. In the Year over Year comparison, we’re up +352,02%.
‣ NFT trading activity in the past 7 days:
X2Y2 with USD $105.28 million again with the highest sales volume across all NFT marketplaces. OpenSea with the highest unique user activity.
‣ NFT Market News of the week 29 - July 18-24:
‣ NFT and DeFi startups dominate Asia Pacific, putting EV industry behind. [Read More]
‣ Animoca Brands, The Sandbox, Decentraland, and Upland, launched the launch the Open Metaverse Alliance For Web3 (OMA3). [Read More]
‣ Japanese banking giant SMBC ($2.1 trillion in assets) to develop NFT and Web3 projects. [Read More]
‣ Snapchat begins testing NFTs with AR functionalities. [Read More]
‣ Solana Launchpad on OpenSea Is live for NFTs’ multi-blockchain access. [Read More]
‣ Moonbird “Oddities” collection revealed, floor price pre-reveal 3.1 ETH vs. post-reveal 1.35 ETH. [Read More]
‣ Mojang Studios, declared a ban over NFTs and blockchain technology within Minecraft. [Read More]
‣ EPIC Games CEO Sweeney: “Developers should be free to decide how to build their games”, won’t follow Minecraft banning NFTs. [Read More]
‣ Polygon has announced an Ethereum-compatible scaling solution, zkEVM. [Read More]
‣ Premint was raided by hackers, losing $375k worth of NFTs. [Read More]
‣ Yuga Labs warns of a targeted attack on NFT communities. [Read More]
‣ The University of Tokyo will provide courses for learning about the metaverse. [Read More]
‣ Square Enix to launch an NFT collection to celebrate the 25th anniversary of its iconic video game ‘Final Fantasy VII’. [Read More]
‣ GameStop’s NFT Marketplace has removed a picture referencing 9/11 attack. [Read More]
‣ Crown Prince of Dubai says metaverse companies contribute $500 million towards the country's economy. [Read More]
‣ FC Barcelona to auction its first NFT in the Club’s history at Sotheby’s. [Read More]
‣ Franck Muller Watches x Digital Wearables to launch on Binance NFT. [Read More]
‣ LinkedIn co-founder Reid Hoffman auctions off Solana NFTs using DALL-E 2. [Read More]
‣ Azukis’ digital-to-physical (D2P) Twin Tigers Jacket is now available to redeem. [Read More]
‣ RTFKT and Nike opened to claim its D2P AR hoodie that comes with an NFC chip on a first-come-first-serve basis. [Read More]
‣ KIA America incorporates NFTs with QR codes for its new 2023 KIA Soul. [Read More]
‣ Nelson Mandela Foundation launches NFTs for Mandela Day. [Read More]
‣ A0K1VERSE x OnCyber collaborate on new Sky Pods. [Read More]
‣ The 7th largest Bored Ape investor lost 100 ETH on an ENS domain in a joke gone wrong. [Read More]
‣ Gatorade drops NFT Collection in Partnership with OneOf x Vayner3. [Read More]
‣ Top 10 NFT collections by Market Cap:
‣ Top 5 NFT Sales by Price on Ethereum:
1) Bored Ape #5555 for 27.005 ETH
2) CryptoPunk #9650 for 169 ETH
3) Otherdeed #89944 for 152.42 ETH
4) Bored Ape #6755 for 140 ETH
5) Bored Ape #4814 for 120 ETH
‣ Top 10 Crypto Prices by Market Cap:
The global cryptocurrency market cap today is $1.06 Trillion (-2.83%)
‣ Top Content Recommendation:
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