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- #3 Non-Fungible Times (17th-23rd July,'23)
#3 Non-Fungible Times (17th-23rd July,'23)
Everything that moved the JPEG markets this week.
Welcome to the third issue of the Non-Fungible Times. Let’s see what overpriced JPEGs are people buying.
Price Action:
NFT Market Sentiment:
NFT Price Action:
Morning Update
🚀Unibot surges 65% to $135 while others dip (RLB -7% at $0.08; HAMS -18% at $1.75)
📉Ordinals volume falls off a cliff, just 1 set (OMB) sees >1 BTC volume in past 24 hrs
📈Gucci, Checks, 0n1 lead top ETH NFT movers
🐸Opepen at 0.71 ETH ahead of set 10 reveal htt
— TylerD 🧙♂️ (@Tyler_Did_It)
3:29 PM • Jul 23, 2023
Market Cap and Vol (7 days):
Trending Collections (24 hours):
Everything that moved NFT Markets this week
PudgySwap - a simple solution for OTC NFTs tradings:
Introducing @pudgyswap, a simple solution for OTC trading.
OTC trades drive the collectors’ market and with PudgySwap, we are proud to offer our community a seamless way to find their Forever Pudgy.
— Pudgy Penguins (@pudgypenguins)
9:16 PM • Jul 16, 2023
NFT projects aren't earning nearly the same amount of royalties as they were before and during the NFT bull market:
NFT projects aren't earning nearly the same amount of royalties as they were before and during the NFT bull market
The drop is substantial
Attached is a graph showing the total royalties earned across NFTs
— Nansen 🧭 (@nansen_ai)
2:00 PM • Jul 10, 2023
Floor App Reveals Ethereum NFT Art Drops Exclusively on iOS and Android
It lets users buy NFTs in-app, will absorb Apple and Google's 30% fees:
NEWS: Floor lets users buy NFTs in-app, will absorb Apple and Google's 30% fees
— Blockworks (@Blockworks_)
1:01 PM • Jul 20, 2023
OpenSea makes ‘Deals,’ launches Peer-to-Peer NFT swaps:
⛵️ OpenSea makes ‘Deals,’ launches Peer-to-Peer NFT swaps
The new feature allows collectors to trade NFTs directly with each other as well as add WETH to “sweeten the deal.”— Elite Squad | Hiring!! (@Elitesquad_live)
11:23 AM • Jul 21, 2023
Over 200 Ethscriptions Nabbed in Smart Contract Exploit:
Over 200 Ethscriptions Nabbed in Smart Contract Exploit
►— Decrypt (@decryptmedia)
12:05 AM • Jul 17, 2023
Saturday had less than 7000 ETH of volume on major NFT exchanges for the first time all year:
Saturday had less than 7000 ETH of volume on major NFT exchanges for the first time all year.
— NFTstats.eth (@punk9059)
11:02 AM • Jul 17, 2023
‘Smart Wallet’ Provider Argent Launches NFT Marketplace Unframed on Starknet:
“Through account abstraction, we can build better UX and UI,” @argentHQ co-founder @jniset told Decrypt, who is “excited to be building a necessary piece” for the @Starknet ecosystem with the launch of Unframed.
— Decrypt (@decryptmedia)
2:31 PM • Jul 21, 2023
Melania Trump's newly released Apollo 11 NFT collection, which utilizes iconic NASA imagery, is facing opposition from NASA for non-compliance with their merchandising regulations:
Did you have Melania Trump and NASA fighting over NFTs on your bingo card?
Well... surprise!
Melania Trump's newly released Apollo 11 NFT collection, which utilizes iconic NASA imagery, is facing opposition from NASA for non-compliance with their merchandising regulations.… twitter.com/i/web/status/1…
— Lucky Trader (@LuckyTraderHQ)
2:27 PM • Jul 21, 2023
'Neopets' Cancels NFT Game After Raising Money From Polygon, Avalanche
'Neopets' Cancels NFT Game After Raising Money From Polygon, Avalanche
►— Decrypt (@decryptmedia)
10:54 PM • Jul 18, 2023
The gold skin Pudgy which sold to Rollbit yesterday for 69 ETH was the most expensive non 1-of-1 Pudgy ever sold.
It was immediately re-listed at 42.69 by the person who won it in the Rollbit competition:
The gold skin Pudgy which sold to Rollbit yesterday for 69 ETH was the most expensive non 1-of-1 Pudgy ever sold.
It was immediately re-listed at 42.69 by the person who won it in the Rollbit competition. twitter.com/i/web/status/1…
— NFTstats.eth (@punk9059)
11:45 AM • Jul 18, 2023
The value of a BAYC + all the airdrops received since day 1 is still higher than the same metric for punks:
The value of a BAYC + all the airdrops received since day 1 is still higher than the same metric for punks.
But that gap has narrowed to 1.1 ETH, the closest since December, 2021.
— NFTstats.eth (@punk9059)
12:30 AM • Jul 18, 2023
OpenSea halts trading of staked-ether NFTs as creator calls marketplace 'unlicensed casino' :
ICYMI: OpenSea halts trading of staked-ether NFTs as creator calls marketplace ‘unlicensed casino’
— The Block (@TheBlock__)
2:12 AM • Jul 19, 2023
Futureverse - a Metaverse and AI gaming starup Raises $54 Million:
Metaverse and AI gaming startup @futureverse announced today that it has raised $54 million in Series A funding in a round led by @10TFund, with @Ripple Labs also participating. News at @ggDecrypt: decrypt.co/148945/futurev…
— Decrypt (@decryptmedia)
2:55 PM • Jul 18, 2023
OpenSea replaced its Twitter avatar with Opepen’s second avatar, and changed its name to “OpepenSea”.
In the past 7 days, the price of the Oppen Edition NFT floor has risen by more than 59%:
Warner Bros "The Flash" - First NFT Movie Drop
In a groundbreaking move, @warnerbros is revolutionizing film distribution by entering the realm of non-fungible tokens (NFTs) with the highly anticipated DC Comics superhero film, 'The Flash'.
— Redlion News (@redlion_news)
3:52 PM • Jul 17, 2023
New NFTs sold into Blur bids for the first time ever, by day:
New NFTs sold into Blur bids for the first time ever, by day.
data from @flipsidecrypto
— NFTstats.eth (@punk9059)
3:22 PM • Jul 18, 2023
The Nouns DAO proposal for a Pudgy Penguins/Nouns crossover collectible passed with 205 "For" votes:
ICYMI: The Nouns DAO proposal for a Pudgy Penguins/Nouns crossover collectible passed with 205 "For" votes.
— Lucky Trader (@LuckyTraderHQ)
8:58 PM • Jul 17, 2023
Fingerprints DAO’s Proposal to transition Fingerprints to an NFT membership format has successfully passed:
We're pleased to announce that the proposal to transition Fingerprints to an NFT membership format has successfully passed! 🏛️
The artwork for the membership NFT will be created by none other than @larvalabs. They will also be joining the DAO.
More information coming soon!
— Fingerprints (@FingerprintsDAO)
4:04 PM • Jul 17, 2023
Bitcoin Ordinals saw busy weekend as inscriptions neared 650,000:
NEWS : Bitcoin Ordinals saw busy weekend as inscriptions neared 650,000: Volume for Ordinal inscriptions has been robust this month after a dip in June.
The post Bitcoin Ordinals saw busy weekend as… #MetaverseNFT#TheBlock#nfts#ordinals dlvr.it/SsKKTN
— SYSOP.ai (@sysopai)
6:13 PM • Jul 17, 2023
30-Day 0xPolygon NFT ecosystem saw over $12.9M in volume from 268K sales, made by 140K sellers and 141K buyers:
30-Day @0xPolygon NFT ecosystem saw over $12.9M in volume from 268K sales, made by 140K sellers and 141K buyers.
An on-chain thread 🧵 @onPolygon_#PolygonNFT
@DuneAnalytics dashboard by @hildobby_
— NFTgators 🐊 (@NFTgators)
4:49 PM • Jul 17, 2023
Super Bowl MVP Patrick Mahomes Launching New NFT Collection:
Super Bowl MVP Patrick Mahomes Launching New NFT Collection.
Kansas City Chiefs star Patrick Mahomes' Museum of Mahomes brand will drop 15,000 digital collectibles this September.
#NFTCommunity
— VOOMIO (@VoomioNFT)
7:05 PM • Jul 18, 2023
Good Reads:
NFT of Jack Dorsey’s first tweet, originally purchased for $2.9M, is worth less than $4 in today’s market:
JUST IN: NFT of Jack Dorsey’s first tweet, originally purchased for $2.9M, is now worth less than $4 in today’s market.
— WhaleWire (@WhaleWire)
12:14 AM • Jul 21, 2023
How important is it for NFT founders to be active on twitter:
DISCUSSION: How important is it for NFT founders to be active on Twitter?
Listening to ThreadGuy's "Bull market vibes" Twitter Spaces today, and it sparked a good debate on whether or not NFT founders need to be responsive to their communities.
This has been a successful… twitter.com/i/web/status/1…
— Lucky Trader (@LuckyTraderHQ)
7:11 PM • Jul 21, 2023
Game plan for the bull run:
1/ (Ok don’t get offended anyone)
But I’ve had this gameplan and thought for years now since 2021 cycleSimilar to how Cobie talked about how when leverage trading you should be using more leverage early in cycle
— Krutches (@McDonaldsXBT)
5:45 PM • Jul 20, 2023
The art of longing cults:
1/ For a very long time, I’ve been thinking about making this thread. After being asked by many to explain my strategies in crypto, I want to highlight my most profitable way. The art of longing cults.
— Zoomer Oracle (ethcc 🇫🇷) (@ZoomerOracle)
1:34 PM • Jul 22, 2023
Has financialization ruined NFTs?
Has financialization ruined NFTs?
I shared my in-depth thoughts today in a guest post for Overpriced JPEGs.
The post walks through the history of marketplace competition, token incentives, NFT Lending, & NFT Perps and their various market impacts.
Thank you so much to… httptwitter.com/i/web/status/1…p
— TylerD 🧙♂️ (@Tyler_Did_It)
3:58 PM • Jul 17, 2023
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