- The NFT of former Twitter CEO Jack Dorsey’s first tweet is now valued at about US$ 48 million on OpenSea. Just last March, the tweet was worth $2.9 million and sold to Bridge Oracle CEO Sina Estavi.
- Sports media giant ESPN released its first Tom Brady NFTs on 7 April, in collaboration with Brady’s NFT startup Autograph. This is part of a multi-year deal agreement between the two firms, and the NFTs were minted on Polygon.
- Chancellor Rishi Sunak has tasked The Royal Mint to develop government-backed NFTs this summer. This move signals the Treasury’s intention to stay at the forefront of cryptocurrency and supports the Chancellor’s ambitions for the UK to be the global hub of ‘cryptoasset technology’.
- On Tuesday, blockchain analytics platform Nansen recently released its quarterly report for Q1 2022 which highlights that the NFT market has outperformed the cryptocurrency market year-to-date. Blue chip and metaverse NFTs were the main drivers of this tremendous market growth.
- LooksRare recorded a -34% decrease in sales and a -27% drop in transactions. OpenSea recorded a -32% decrease in sales and an +18% jump in transactions.
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’.