Weekly NFT Update (Week 21, 25/05/2022 – 31/05/2022)
CallawayGolf joins LinksDAO as investor. Free-to-mint Goblintown NFT collection does $22M in volume. ‘UFC x Gian Galang’ collection available on Ccrypto.com NFT.
Key Takeaways
Non-fungible token (NFT) country club LinksDAO has brought Callaway Golf Company in on its quest to own and operate an actual golf course. Callaway is one of the largest golf equipment manufacturers and owner of driving-range game Topgolf.
Mysterious free-to-mint Goblintown NFT collection is capturing millions in sales. The NFT project, consisting of 9,999 goblins, has recorded US$22.85 million in sales this week, surpassing Otherdeed’s US$20.73 million.
The Ultimate Fighting Championship presented the first-ever artist collaboration—the ‘UFC x Gian Galang’ collection. The debut collection, featuring Israel Adesanya, Valentina Shevchenko, and Conor McGregor, will be dropped exclusively on Crypto.com until 2 June.
LooksRare recorded -11% and -33% decreases in sales and transactions, respectively. OpenSea‘s sales volume dropped by -15%, while its transaction count rose +17%.
Crypto.com NFT in the Spotlight
Sheepfarm in Meta-land: a P2E project built on the Klaytn network. It allows players to own metaverse pastures and run their own farm, from which they can profit by raising sheep. A total of 99 Aurora Boxes are being dropped on 1 June, each containing a redeemable NFT (redemption period will end on 1 July 2022).
Crypto Ciber Pirates #3: the third and last drop of the "Crypto Ciber Pirates" collection, which includes headdresses and tattoos and will be launched on Tuesday, 7 June.
Highlights
Nigeria’s NFT marketplace Ayoken secures $1.4M to expand venture
EuroLeague basketball dives deeper into Web3 with video NFTs
Vitalik Buterin presents future of Ethereum and NFTs: introducing Soulbound tokens
How FanTiger plans to shake up the music industry through NFTs
Hacker tastes own medicine as community gets back stolen NFTs
OpenSea redesigns parts of its NFT store as sales continue to slump
Transaction Volume Benchmark
Sources:
Magic Eden data refer to the on-chain activity of the tracked smart contracts.
LooksRare, OpenSea, and Coinbase data are retrieved from Dune Analytics.
X2Y2, NBA Top Shot, and Magic Eden data are retrieved from DappRadar.
Solanart data are retrieved from Solanart.io.
Notes:
1. Year-to-Date (YTD) volume is calculated from the first day of the current year to the current date.
2. Week-on-Week (WoW) % change is calculated based on the differences between two subsequent seven-day periods.
3. Transaction count and average price refer to the number of traders and average price over the past seven days, respectively.
4. LooksRare was launched on 10 January 2022.
5. X2Y2 was launched on 16 February 2022.
Top Collectibles
* Source: CryptoSlam.io
The following chart shows selected top NFTs and their historical floor prices.
Upcoming NFT Sales
The following information shows the top upcoming NFT sales and a sample of their art.
Project Name: Martizens
Sale Date: 15 June 2022
Price: 2.50 (ETH)
Items: 10,000
Market Cap: 25,000 (ETH)
Project Name: Chilliens
Sale Date: 23 June 2022
Price: 0.50 (SOL)
Items: 5,000
Market Cap: 2,500 (SOL)
Project Name: Miningverse NFT
Sale Date: 2 July 2022
Price: 0.25 (ETH)
Items: 10,000
Market Cap: 2,500 (ETH)
Project Name: Naked Panda Crew
Sale Date: 8 June 2022
Price: 1.80 (SOL)
Items: 3,888
Market Cap: 6,998 (SOL)
Project Name: Pepe Frens
Sale Date: 10 June 2022
Price: 200.00 (CRO)
Items: 750
Market Cap: 150,000 (CRO)
* Sources: Rarity Tools, Crypto.com
Top Artists
The following information shows selected top artists (by sales volume on each platform) and a sample of their art.
Platform: Crypto.com NFT
Artist: Loaded Lions
Sales Volume (USD): $334,800
Platform: Magic Eden
Artist: Trippin' Ape Tribe
Sales Volume (USD): $7,470,426
Platform: OpenSea
Artist: goblintown.wtf
Sales Volume (USD): $22,972,950
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