☞ The week in NFTs - Volume 32
#ProbablyNothingDigest 🧵 by SODIUM
Crypto is dominating the news.
Gm degen & welcome back to a new Digest.
Tbh a pretty hard week to shoot out some click farming news from NFT side, Crypto is dominating the news. From the Ethereum merge over to Tornado Cash, many controversial and interesting discussions popped up, letting the current NFT happenings disappear. Generally said, we experienced better times in the NFT economy. If you're down badly, no worries, you're not alone.
Let's dive into the #ProbablyNothingDigest - Volume 32
▶︎ NFT Market Cap & Sales Volume:
Sentiment: Cold. Although the Sales Volume increased by 25% we can see a massive drop across all projects, from Azuki to Mutants. Market Sentiment dropped from 26 to 20.
But hey, the YoY market cap is up +1,280%.
▶︎ NFT trading activity in the past 7 days:
▶︎ NFT Market News of the week 08/08 - 08/14:
‣ OpenSea changes stolen NFT policy following user outcry and will require a police report for NFTs that are said to be stolen, and is considering further tweaks. [Read More]
‣ Yuga Labs released intellectual property (IP) rights of two of the leading non-fungible token (NFT) collections, CryptoPunks and Meebits for their NFT holders. holders to generate revenue out of their investment in digital collectibles. Users are now able to use their NFTs for commercial or personal purposes. [Read More]
‣ Tencent has suspended NFT sales on its platform, citing increased regulatory scrutiny.
‣ ZachXBT exposed two French scammers who defrauded BAYC NFT holders for millions of dollars. [Read More]
‣ Magic Eden proposal aims to build NFT marketplace for ApeCoin holders. [Read More]
‣ Dapper Labs partners with Super Bowl Champions, LA Rams. [Read More]
‣ Trippy Mega Mutant Bored Ape Sold for 2300 ETH($3.91 million). [Read More]
‣ Paris Hilton is building a virtual Malibu mansion in The Sandbox. [Read More]
‣ Mark Cuban: “Buying Digital Land Is The Dumbest Sh*t Ever”. [Read More]
‣ The English FA began its search for an NFT partner. [Read More]
‣ Decentraland’s 3rd metaverse art week to focus on metaverse evolution and human-nature relationships. [Read More]
‣ Jim Carrey debuts ‘Goon in the Moonlight’ via Grand SuperRare auction. [Read More]
‣ Ja Rule becomes the latest celebrity to embrace NFTs. [Read More]
▶︎ Top 10 NFT collections by Market Cap:
▶︎ 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 $1.2 Trillion (+2.56%).
▶︎ Top Content Recommendation:
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