Weekly NFT Update (Week 1, 5/1/2022-11/1/2022)

NFT sales up 21% on OpenSea. Samsung opens flagship store in Decentraland.

Jan 12, 2022
Nft Newsletter Image

Key Takeaways

  • The NFT marketplace LooksRare goes live with a ‘vampire attack’ on OpenSea. LooksRare is hoping to attract current NFT big spenders who have already used OpenSea by letting these individuals claim LOOKS tokens for free. On 11 January 2022, the daily volume of LooksRare was $323M versus OpenSea’s $147M. To put it in perspective, the average daily trading volume on OpenSea in December 2021 was $105M.
  • The electronics giant Samsung has partnered with Decentraland to open its flagship 837X store in the metaverse. It will exist only for a limited time.
  • NFT projects endorsed by celebrities Jay Chou and Edison Chen top OpenSea’s 24-hour sales chart. PhantaBear, a collection of 10,000 NFTs launched by the Jay Chou-backed fashion brand PHANTACi, is currently the top project on OpenSea by sales volume in the past week.
  • OpenSea recorded a +21% increase in sales and a +8% increase in transactions. NBA Top Shot recorded a +26% increase in sales and a +18% increase in transactions.

Crypto.com NFT in the Spotlight

  • SHIKIGAMI returns with a super drop featuring the final 16 collectibles of the series! Consisting of 28 pieces, this series explores Japanese mythology and Yokai lore through a military sci-fi lens.
  • Pezzo di Studio was born to blend art and marketing to create advertising pieces that last in consumers’ minds. Their latest collection ‘Zoe’s Thoughts’ features Zoe, a digital person who lives in a world created by her own imagination. She is the only human in this imaginary world where everything is shaped by her inner self.

Highlights

Transaction Volume Benchmark

PlatformTotal Volume
USD
Total Volume
WoW (%)
Transaction Count #Transaction Count WoW (%)Avg. Price USDAvg. Price WoW (%)
Opensea$913,256,209+21%639800+8%$1,427+12.40%
NBA Top Shot$14,208,762+26%1014179+18%$14+6.20%
Solana$5,624,352+3%13930+18%$403-12%
Nifty Gateway$1,853,799-17%1532-35%$1,210+28%
MakersPlace$120,706+5%66+1%$1,828+3%
PlatformOpensea
Total Volume
USD
$913,256,209
Total Volume
WoW (%)
+21%
Transaction Count #639800
Transaction Count WoW (%)+8%
Avg. Price USD$1,427
Avg. Price WoW (%)+12.40%
PlatformNBA Top Shot
Total Volume
USD
$14,208,762
Total Volume
WoW (%)
+26%
Transaction Count #1014179
Transaction Count WoW (%)+18%
Avg. Price USD$14
Avg. Price WoW (%)+6.20%
PlatformSolana
Total Volume
USD
$5,624,352
Total Volume
WoW (%)
+3%
Transaction Count #13930
Transaction Count WoW (%)+18%
Avg. Price USD$403
Avg. Price WoW (%)-12%
PlatformNifty Gateway
Total Volume
USD
$1,853,799
Total Volume
WoW (%)
-17%
Transaction Count #1532
Transaction Count WoW (%)-35%
Avg. Price USD$1,210
Avg. Price WoW (%)+28%
PlatformMakersPlace
Total Volume
USD
$120,706
Total Volume
WoW (%)
+5%
Transaction Count #66
Transaction Count WoW (%)+1%
Avg. Price USD$1,828
Avg. Price WoW (%)+3%
* Week-on-Week (WoW) % change is calculated based on the differences between two subsequent 7-day periods
* Transaction count refers to the number of traders of the 7-day period

* OpenSea and NBA Top Shot data from DappRadar
* MakersPlace data from NonFungible.com
* Solanart data from Solanart.io
* Nifty Gateway data from data mining in Cryptoartpulse.com

Top Collectibles

Project NameSales (USD)Transaction CountNumber of Buyers
Meebits$84,311,814761364
Loot$58,188,91518490
PhantaBear$54,292,6645,0812,738
Bored Ape Yacht Club$52,781,162190168
Doodles$45,667,891935675
Project NameMeebits
Sales (USD)$84,311,814
Transaction Count761
Number of Buyers364
Project NameLoot
Sales (USD)$58,188,915
Transaction Count184
Number of Buyers90
Project NamePhantaBear
Sales (USD)$54,292,664
Transaction Count5,081
Number of Buyers2,738
Project NameBored Ape Yacht Club
Sales (USD)$52,781,162
Transaction Count190
Number of Buyers168
Project NameDoodles
Sales (USD)$45,667,891
Transaction Count935
Number of Buyers675
* Collectibles data from CryptoSlam.io

The following chart shows selected top NFTs and their historical floor prices.

Top Artists

The following table shows selected top artists (by sales volume on each platform) and a sample of their art.

PlatformArtistSales Volume (USD)Sample
Crypto.com NFTCrypto.com$4,000,000+
SolanartNyan Heroes$232,197
OpenSeaPhantaBear$54,292,664
PlatformCrypto.com NFT
ArtistCrypto.com
Sales Volume (USD)$4,000,000+
Sample
PlatformSolanart
ArtistNyan Heroes
Sales Volume (USD)$232,197
Sample
PlatformOpenSea
ArtistPhantaBear
Sales Volume (USD)$54,292,664
Sample

Tags

Castlevania

Decentraland

Disney

Edison Chen

Gamestop

Jay Chou

LG

LooksRare

Moonpay

Nas

NFT

PhantaBear

Phantaci

Rarible

Samsung

SHIKIGAMI

Zoe's thoughts

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