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NFT (Week 28, 13/07/2022 – 19/07/2022)

Polygon joins Disney’s NFT AI Accelerator Program as the sole native blockchain. GameStop generated approximately US$1.98M worth of NFT sales on its first day. Users can now purchase OpenSea collectibles on Crypto.com NFT.

Jul 20, 2022
Weekly NFT Update Q2 2022

Key Takeaways

  • Polygon joins Disney’s NFT AI Accelerator Program as the sole native blockchain. In Disney’s press release, Polygon is among six companies selected for the Accelerator, which focuses on building the future of immersive experiences using technologies such as augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI).
  • GameStop NFT marketplace reportedly generated around $1.98M worth of NFT sales on its first full day of business. The platform charges a 2.25% fee on NFT sales, equating to roughly $44,500 worth of fees.
  • Users can now discover and purchase OpenSea collectibles on the Crypto.com NFT platform. There are no gas fees charged when users list and sell the collectibles to their fellow Crypto.com NFT users.
  • LooksRare recorded a +19% increase in sales and a -2% decrease in transactions. Meanwhile OpenSea‘s sales were negative at -6%, while its transaction count also decreased -13%.

Crypto.com NFT in the Spotlight

  • The upcoming collection “To the Moon” by Cristóbal Balenciaga features over 8,000 never-before-seen designs. In respect to the women Cristóbal designed for, this drop will feature a plethora of redeemables such as Balenciaga gear, gift cards to designer brands, and even the 70-year-old drawings by Cristóbal. 
  • “The Culture of Tarogramma” features NFTs which serve as artefacts from the fictional world of Tarogramma. Each NFT reveals something of the unique rituals, history, and culture of The Land of Tarogramma; from mystical regions to quiet cafes.

Highlights

Transaction Volume Benchmark

Screen Shot 2022 07 20 At 7.44.26 Pm

Top Collectibles

Screen Shot 2022 07 20 At 7.55.41 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
Bearded Buddies04 Aug 20220.26 (ETH)10,0002,600 (ETH)
Krilian. The change!9 Sep 20220.2 (ETH)8,8881,777.6 (ETH)
Cyber Knights31 Jul 20220.15 (ETH)10,0001500 (ETH)
Arctic Alligators22 Aug 20220.08 (ETH)10,000800 (ETH)
Shibacademy NFT game30 Jul 20221.5 (SOL)8,88813,332 (SOL)
Project NameBearded Buddies
Sale Date04 Aug 2022
Price0.26 (ETH)
Items10,000
Market Cap2,600 (ETH)
Sample
Project NameKrilian. The change!
Sale Date9 Sep 2022
Price0.2 (ETH)
Items8,888
Market Cap1,777.6 (ETH)
Sample
Project NameCyber Knights
Sale Date31 Jul 2022
Price0.15 (ETH)
Items10,000
Market Cap1500 (ETH)
Sample
Project NameArctic Alligators
Sale Date22 Aug 2022
Price0.08 (ETH)
Items10,000
Market Cap800 (ETH)
Sample
Project NameShibacademy NFT game
Sale Date30 Jul 2022
Price1.5 (SOL)
Items8,888
Market Cap13,332 (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$134,100
Magic EdenLiberty Square: The Sinister Squirrel Syndicate$1,309,701
OpenSeaCryptoPunks$23,448,744
PlatformCrypto.com NFT
ArtistLoaded Lions
Sales Volume (USD)$134,100
Sample
PlatformMagic Eden
ArtistLiberty Square: The Sinister Squirrel Syndicate
Sales Volume (USD)$1,309,701
Sample
PlatformOpenSea
ArtistCryptoPunks
Sales Volume (USD)$23,448,744
Sample

Author

Research and Insights team

Tags

crypto

crypto research

cryptocurrencies

NFT

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