NFT (Week 26, 29/06/2022 – 05/07/2022)

Meta starts trialling NFTs as Facebook posts. World of Women NFT and Hasbro to create Monopoly NFT game.ENS domain ‘000.eth’ sells for 300 ETH.

Jul 06, 2022
Weekly NFT Update Q2 2022

Key Takeaways

  • Social technology company Meta announced last week that it will start trialling NFTs as posts with a “digital collectible” label on its platforms. The digital asset functionality will allow users to display Ethereum and Polygon NFTs on their profiles, and will be launched on Facebook for select U.S.-based creators.
  • Blue-chip NFT collection World of Women is teaming up with Hasbro and WS Game company to create its very own Monopoly NFT game. This partnership is the first of its kind in the NFT industry and opens up new possibilities for both the NFT and consumer products space. 
  • On 3 July, Ethereum Name Service domain “000.eth” was sold for a record-breaking price of 300 ETH, which was about US$316,000 at the time of purchase. It marks the second-highest purchase since “paradigm.eth” was sold for 420 ETH in October of last year. 
  • LooksRare recorded -26% and -17% decreases in sales and transactions, respectively. OpenSea‘s sales were negative at -13%, while its transaction count rose +14%.

Crypto.com NFT in the Spotlight

  • Crypto.com NFT adds new security measures to further safeguard your NFTs, so you can withdraw digital collectibles with a full peace of mind. Adding features such as 24-hour withdrawal lock and whitelisting addresses provide added protection to Crypto.com NFT users’ accounts while offering greater flexibility. Read more about it on our website
  • Cosmic Metropolis” is here to offer you a space in which you can explore your imagination and ideas. From galactic landscapes to retro-futuristic scenes, artist Nibera created visual artworks and soundscapes that will inspire you to explore the universe in your mind.

Highlights

Transaction Volume Benchmark

Screen Shot 2022 07 06 At 7.35.25 Pm

Top Collectibles

Screen Shot 2022 07 06 At 7.36.43 Pm

* Source: CryptoSlam.io

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

Upcoming NFT Sales

The following table shows the top upcoming NFT sales and a sample of their art.

Project NameSale DatePriceItemsMarket CapSample
7LuX7 Jul 20221 (ETH)20,00020,000 (ETH)
Bearded Buddies04 Aug 20220.26 (ETH)10,0002,600 (ETH)
Cryptophants Preservation Club24 Jul 20222 (SOL)9,99919,998 (SOL)
Shibacademy NFT game30 Jul 20221.5 (SOL)8,88813,332 (SOL)
SolAngel10 Jul 20223.33 (SOL)3,33311,098.89 (SOL)
Project Name7LuX
Sale Date7 Jul 2022
Price1 (ETH)
Items20,000
Market Cap20,000 (ETH)
Sample
Project NameBearded Buddies
Sale Date04 Aug 2022
Price0.26 (ETH)
Items10,000
Market Cap2,600 (ETH)
Sample
Project NameCryptophants Preservation Club
Sale Date24 Jul 2022
Price2 (SOL)
Items9,999
Market Cap19,998 (SOL)
Sample
Project NameShibacademy NFT game
Sale Date30 Jul 2022
Price1.5 (SOL)
Items8,888
Market Cap13,332 (SOL)
Sample
Project NameSolAngel
Sale Date10 Jul 2022
Price3.33 (SOL)
Items3,333
Market Cap11,098.89 (SOL)
Sample

* Sources: Rarity Tools, Crypto.com

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 NFTLoaded Lions$205,900
Magic EdenDegenTown$2,107,388
OpenSeaENS: Ethereum Name Service$7,635,100
PlatformCrypto.com NFT
ArtistLoaded Lions
Sales Volume (USD)$205,900
Sample
PlatformMagic Eden
ArtistDegenTown
Sales Volume (USD)$2,107,388
Sample
PlatformOpenSea
ArtistENS: Ethereum Name Service
Sales Volume (USD)$7,635,100
Sample

Authors

Research and Insights team

Tags

crypto

crypto research

cryptocurrencies

NFT

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