Weekly NFT Update (Week 14, 06/04/2022 – 12/04/2022)

NFT of former Twitter CEO Jack Dorsey’s first tweet is valued at over $48M on OpenSea. The U.K. is set to create government-backed NFTs. Nansen’s recent report states NFTs outperform cryptocurrencies year-to-date.

Nft Newsletter Image

Key Takeaways

Crypto.com NFT in the Spotlight

  • Remember The Name is the first athlete NFT project which allows you to personalise your redeemable experience on Crypto.com, created by portrait artist Carling Jackson and cricket legend Carlos Brathwaite. Each NFT in this pseudo PFP collection places the owner in a bespoke redeemable stream allowing them to cater their redeemable experience to their interests. The Remember the Name collection features fan-favourite action figures and the first publicly available work from the world renowned ‘athlete artist’.
  • BeatHeadz’ is the PFP project for all music lovers on Crypto.com. Created by artist Phil Lumbang and musician Aloe Blacc, each of the 10,808 BeatHeadz in the collection is a digital collectible avatar with a unique combination of headphones, hair, eyes, clothing, and accessories.

Highlights

Transaction Volume Benchmark

* Week-on-Week (WoW) % change is calculated based on the differences between two subsequent 7-day periods
* Year-to-Date (YTD) volume is calculated from the first day of the current year to the current date

* Transaction count & average price refers to the number of traders and average price of the 7-day period
* LooksRare launched on 10 January 2022
* X2Y2 launched on 16 February 2022

* LooksRare, OpenSea data from Dune Analytics
* X2Y2, NBA Top Shot data from DappRadar
* Solanart data from Solanart.io

Top Collectibles

Project NameWeekly Sales (USD)Transaction CountNumber of Buyers
MOAR by Joan Cornelia$27,192,9135,8203,949
Bored Ape Yacht Club$26,099,7279876
Mutant Ape Yacht Club$24,589,035321248
Arcade Land$23,165,2095,0062,895
Azuki$20,781,780269195
* 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 DatePriceItemsMarket CapSample
Chilled Camel Club29 Apr 20221.5 (SOL)10,00015,000 (SOL)
MetamonGo15 Apr 20220.2 (ETH)40,0008,000 (ETH)
Fancy Fox Association1 Jun 20220.8 (ETH)9,1897,351.2 (ETH)
AquaHeads30 Apr 20222 (SOL)3,3336,666 (SOL)

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 NFTBallies$2,000,000+
SolanartDegenerate Ape Academy$274,584
OpenSeaMOAR$23,059,293
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