Madonna - A Member Of The Bored Ape Yacht Club, Metaverse's Fashionweek - NFT Update - Week 23/03-29/03/22
Crypto.com Accelerate the... 30.03.2022 14:33
Madonna joins the Bored Ape Yacht Club. Decentraland holds Metaverse Fashion Week with over 70 brands. Looking for an island getaway? Check out Satoshi Island, the first crypto-centric island.
MAR 30, 2022
Key Takeaways
On Wednesday, BAYC creator Yuga Labs announced it raised US$450 million in its latest funding round led by a16z crypto, with participation from Animoca Brands and The Sandbox. This brings the company’s total valuation to $4 billion.
Crypto artist XCOPY recently released ‘Max Pain’, an open edition NFT drop which raised US$23 million in mere minutes. 7,394 NFTs were minted in total priced at $3,108 each (price of 1 ETH at the time) and were sold within a 10-minute window.
Decentraland recently held Metaverse Fashion Week, a virtual fashion event with participation from 70 brands such as Estée Lauder, Tommy Hilfiger, Dolce & Gabbana, and Forever 21.
On Tuesday Bored Ape #835 sold for just 115 DAI, which was about US$115 at the time of sale on OpenSea. BAYCs are considered blue chip NFTs with extremely high floor price and boast a group of high-profile holders, with Madonna as the latest celebrity to invest, which is why this made the headlines and was even deemed suspicious to some.
LooksRare recorded a +42% increase in sales and a +8% jump in transactions. OpenSea recorded a +9% increase in sales and a +11% jump in transactions.
Crypto.com NFT in the Spotlight
On their sacred and holy quest to make money from THE ONE TRUE DICTIONARY, a group of talented Hollywood writers and performers joined together to help create these handcrafted NFTs. With ‘Own Every Word: Trinity Drop Pack’, the hapless group of comedians are back to work translating the sacred Word Wizard’s text into 1-of-1 NFTs to be exploited for profit. And after a month with an epic Word Wizard airdrop where four legendaries were found, we continue our hunt for #1: The Original Word Wizard.
Interdisciplinary visual artist Nibera welcomes you to an immersive experience in which you can explore The Cosmic City and its inhabitants. ‘The Cosmic City’ is here to offer you a space in which you can explore your imagination and ideas. From galactic landscapes to retro-futuristic scenes, Nibera created visual artworks and soundscapes that will inspire you to explore the universe in your mind.
Highlights
Ukraine launches NFT museum ‘to keep the memory of war’
World of Women Galaxy NFTs sell out in 3 days
LooksRare to allow messaging between users after partnering with Etherscan to launch chat button
An in-depth look at Satoshi Island — a crypto-centric residential community in Vanuatu where land titles are NFTs
Silk Road founder Ross Ulbricht to drop Bitcoin NFT collection
China’s ZTE secures trademarks in the Metaverse
Paris Saint-Germain Soccer Club files trademark application to get into the Metaverse and NFTs
The NFL eases up on its NFT and blockchain restrictions
Liverpool FC auctions official NFTs on Sotheby’s
NEAR and SailGP partner on ground-breaking new sports DAO
Qantas announces NFT collection and becomes the second airline offering NFTs
Tommy Hilfiger designs to hit Decentraland’s Metaverse Fashion Week
Bulgari brings a touch of the non-fungible to high end watchmaking
Cool Cats Ethereum NFT project signs with CAA for media, licensing push
Nelson Mandela’s original arrest warrant sold for $130K as NFT
African Digital Art Network Launches Nandi NFT Marketplace on Celo
Foodverse: World’s first food metaverse where NFTs can buy food IRL
TooNFT looks to revolutionise the Webtoon industry via next-generation blockchain platform
Canadian musician Grimes reveals ‘intergalactic children’s metaverse book’ at Avalanche Summit
Grammy-winning DJ Diplo to sell NFT song on Royal
NFT marketplace Blur raises $11 million in seed round led by Paradigm
Bored Ape Yacht Club’s newest merch drop can only be bought with ApeCoin
Chip giant Qualcomm launches $100M Metaverse fund
Zilliqa ready to launch metaverse-as-a-service (MaaS) platform, Metapolis
South Korea recruits NFT experts for metaverse boot camp
2021 Decentraland Annual Real Estate Report
US Justice Dept. charges Ethereum NFT project creators over ‘rug pull’
Transaction Volume Benchmark
Top Collectibles
Project Name
Weekly Sales (USD)
Transaction Count
Number of Buyers
Women of World Galaxy
$66,205,646
12,683
8,155
Azuki
$53,208,448
979
595
Bored Ape Yacht Club
$44,339,863
122
109
Mutant Ape Yacht Club
$41,049,209
562
441
BAPETAVERSE
$17,679,556
6,737
3,343
* 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 Name
Sale Date
Price (ETH)
Items
Market Cap (ETH)
Sample
CBirdz
4 Apr 2022
8
10,000
8,000
Meta Survivors Club
9 Apr 2022
1.3
10,000
13,000
LycaFox Pack
2 Apr 2022
1
11,111
11,111
AquaHeads
30 Apr 2022
2
3,333
6,666
DEGENZ GAME
14 Apr 2022
1.984
3,333
6,6612.672
Top Artists
The following table shows selected top artists (by sales volume on each platform) and a sample of their art.
Platform
Artist
Sales Volume (USD)
Sample
Crypto.com NFT
Travis Ragdale
$2,000,000+
Solanart
Degenerate Ape Academy
$1,688,040
OpenSea
Women of World Galaxy
$64,201,809
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Source: Crypto.com