☞ The week in NFTs - Volume 31
#ProbablyNothingDigest 🧵 by SODIUM
What a draining week.
Major news included mainly moves from Web 2 companies (META), as well as negative headlines from exploit wallets (Solana, Crypto exchange ZB) with over 8k affected users, and the current positive Crypto wave (upcoming ETH triple fork).
Fun fact before we kick-off the week:
El Salvador’s President said the country’s international tourism has increased mostly due to Bitcoin.
⬇️ The #ProbablyNothingDigest - Volume 31 - here we go ⬇️
▶︎ NFT Market Cap & Sales Volume:
Market Cap and Sales Volume are slightly up by 2.2% / 0.35%, in overall the number of NFT holders increased by 1.11% in the past 7 days.
▶︎ NFT trading activity in the past 7 days:
Magic Eden hasn’t fully rolled out the Ethereum network yet which is awaited for late August, hence there’s no visible impact on last weeks volume.
▶︎ NFT Market News of the week 08/01 - 08/07:
‣ Lawsuit filed against OpenSea over its ‘stolen’ NFT policy. [Read More]
‣ Major League Soccer announced the signing of BAYC #6045 is the first digital athlete to join a professional sports team. [Read More]
‣ Solana wallets hacked with over 8k wallets drained and $7,000,000 stolen. [Read More]
‣ CryptoDickbutts NFTs’ daily trading volume surged 790%, showing the highest volume change within the week.
‣ Moonbirds has rescinded its NFT commercial rights related to Cc0 (creative commons). [Read More]
‣ Meta CEO Mark Zuckerberg has announced plans to add Coinbase and Dapper integrations to its platforms. [Read More]
‣ Binance announced an investment in the decentralized visual digital identity (DID) solution provider Lifeform. [Read More]
‣ Tinder CEO says the company will scale back on its metaverse investments. [Read More]
‣ Netflix has teamed up with Decentraland to promote its new movie, ‘The Gray Man’ in the metaverse. [Read More]
‣ Tiffany & Co NFT Collection NFTiif sold out its 250 items collection in 20 minutes and raised $12.5M. [Read More]
‣ Meta now supports third-party wallet connections for Trust Wallet and MetaMask, expanding its NFT platforms to 100 countries. [Read More]
‣ Decentraland has announced its plans to launch the world’s first metaverse ATM in partnership with Transak payment gateway. [Read More]
‣ Coca-Cola has launched an NFT collection on the #Polygon network. [Read More]
‣ NFTs.com domain name has been sold for $15 million.
‣ Immutable X, has made the Gamestop wallet available as integration on their protocol. [Read More]
‣ Lamborghini announced to drop its third NFT collection “the epic road trip” in collaboration with NFT Pro and invnt.atom [Read More]
▶︎ Top 10 NFT collections by Market Cap:
Generally not many moves on the floor price of the Top 10 projects but overall high sales volume from CryptoPunks, BAYC, and Moonbirds, which might come from the announced/revoked Cc0 announcements.
Other big moves this week: Larva Chads, CryptoDickbutts, Elftown.wtf, SuperYeti & TomSachs: Rocket Factory.
▶︎ Top 5 NFT Sales by Price on Ethereum:
1) CryptoPunk #7622 for 260 ETH
2) Bored Ape #6567 for 195 ETH
3) CryptoPunk #7479 for 182 ETH
4) CryptoPunk #5051 for 159 ETH
5) Bored Ape #640 for 134 ETH
▶︎ Top 10 Crypto Prices by Market Cap:
The global cryptocurrency market cap today is $1.17 Trillion (+5.41%).
▶︎ Top Content Recommendation:
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