Weekly NFT Update (Week 5, 02/02/2022 – 08/02/2022)

Sotheby’s lists 104 Cryptopunks for auction. Justin Bieber bought another Bored Ape NFT, Paris Hilton drops NFTs.

Feb 09, 2022
Nft Newsletter Image

Key Takeaways

  • Sotheby’s announced that they will list 104 Cryptopunks for auction at the end of the month. This NFT collection acquired in July 2021 was originally bought for $7 million, and is estimated to go for sale between $20-$30 million.
  • Big celebrities are all in when it comes to NFTs. On 2 February, Justin Bieber bought another Bored Ape NFT, paying $470k worth of ETH, while Paris Hilton dropped autobiographical NFTs on Origin Story marketplace.
  • South Korea’s largest mobile gaming company, Netmarble, announced on 2 February their plans to develop a metaverse sequel to its monopoly-style board game ‘Everybody’s Marble’.
  • LooksRare recorded a +6.5% increase in sales and a -15.43% drop in transactions. OpenSea recorded a +10% increase in sales and a -2% drop in transactions. 

Crypto.com NFT in the Spotlight

  • The legendary American football player and Hall of Famer Terry Bradshaw has partnered with Crypto.com to release ‘Undefeated NFT Collection’, which features real-life memorabilia and unlockables for lucky collectors of the Crypto.com community. This collection celebrates his illustrious football career, from his dominant college days to undefeated championship legacy as a pro, and features art from renowned digital artists Impossible Brief.
  • ‘The Ronin’s Voyage’ is a unique collection of 8 surreal 3D rendered artworks that take you on a journey through places you’ve never seen or been before. Featuring the works of 3D artist jjcworks, this collection also includes three artworks that were made in collaboration with some of the finest artists on Instagram- @huleeb, @thisisasmu and @kasper.steernberg.
  • The ARCANE FRAMES collection is a series of four 3D artworks aimed at exploring the concept of ‘the world within a painting. The concept of taking the viewer deeper into an artist’s imagination has always intrigued the artist, jamie_twyman – making a 2-dimensional artwork feel like there is a world behind the frame – through layers of depth of field.

Highlights

Transaction Volume Benchmark

PlatformTotal Volume USDTotal Volume WoW (%)Transaction Count #Transaction Count WoW (%)Avg. Price USDAvg. Price WoW (%)
LooksRare$4,078,632,671+6.5%12,490-15.43%$326,551+47%
Opensea$1,394,934,314+10%1,008,190-2%$1,383+33%
NBA Top Shot$15,490,000+4%1,100,000+8%$14-4%
Solana$3,873,246-53%12,891-30%$300-33%
Nifty Gateway$54,946-90%104-79%$528-53%
PlatformLooksRare
Total Volume USD$4,078,632,671
Total Volume WoW (%)+6.5%
Transaction Count #12,490
Transaction Count WoW (%)-15.43%
Avg. Price USD$326,551
Avg. Price WoW (%)+47%
PlatformOpensea
Total Volume USD$1,394,934,314
Total Volume WoW (%)+10%
Transaction Count #1,008,190
Transaction Count WoW (%)-2%
Avg. Price USD$1,383
Avg. Price WoW (%)+33%
PlatformNBA Top Shot
Total Volume USD$15,490,000
Total Volume WoW (%)+4%
Transaction Count #1,100,000
Transaction Count WoW (%)+8%
Avg. Price USD$14
Avg. Price WoW (%)-4%
PlatformSolana
Total Volume USD$3,873,246
Total Volume WoW (%)-53%
Transaction Count #12,891
Transaction Count WoW (%)-30%
Avg. Price USD$300
Avg. Price WoW (%)-33%
PlatformNifty Gateway
Total Volume USD$54,946
Total Volume WoW (%)-90%
Transaction Count #104
Transaction Count WoW (%)-79%
Avg. Price USD$528
Avg. Price WoW (%)-53%
* 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
* LooksRare launched since 10 January

* 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
* LooksRare data from Dune Analytics

Top Collectibles

Project NameSales (USD)Transaction CountNumber of Buyers
Pixelmon$47,335,8877,6385,794
CloneX$45,629,348863590
Azuki$45,627,9771,166781
HAPE PRIME$45,528,9482,1791,561
Hypebears$44,568,85220,00115,272
Project NamePixelmon
Sales (USD)$47,335,887
Transaction Count7,638
Number of Buyers5,794
Project NameCloneX
Sales (USD)$45,629,348
Transaction Count863
Number of Buyers590
Project NameAzuki
Sales (USD)$45,627,977
Transaction Count1,166
Number of Buyers781
Project NameHAPE PRIME
Sales (USD)$45,528,948
Transaction Count2,179
Number of Buyers1,561
Project NameHypebears
Sales (USD)$44,568,852
Transaction Count20,001
Number of Buyers15,272
* Collectibles data from CryptoSlam.io

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

Upcoming NFT Sales

The following table shows top upcoming NFT sales (by market cap) and a sample of their art.

Project NameSale DatePrice (ETH)ItemsMarket Cap (ETH)Sample
TORIX17 Feb 20220.159,9991,499.85
Real Apes Club12 Feb 20220.225,7571,266.54
Lunar Colony Alpha1 Mar 20220.0810,000800
Chroma World Abstractars09 Feb 20220.079,001630.07
Project NameTORIX
Sale Date17 Feb 2022
Price (ETH)0.15
Items9,999
Market Cap (ETH)1,499.85
Sample
Project NameReal Apes Club
Sale Date12 Feb 2022
Price (ETH)0.22
Items5,757
Market Cap (ETH)1,266.54
Sample
Project NameLunar Colony Alpha
Sale Date1 Mar 2022
Price (ETH)0.08
Items10,000
Market Cap (ETH)800
Sample
Project NameChroma World Abstractars
Sale Date09 Feb 2022
Price (ETH)0.07
Items9,001
Market Cap (ETH)630.07
Sample

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