Daily News - April 11, 2022
TLDR:
ERC721R is the latest NFT standard that introduces a built-in refund mechanism. DriftShoot’s First Day Out collection sold 10,351 NFTs for $6.6M.
Treasure:
PTA, a core member of TreasureDAO, addresses concerns regarding the inflation of assets in BridgeWorld. In response to this issue, PTA proposes a potential burn mechanism or introduces a variable yield rate for in-game farming/questing/crafting. (Source)
The BridgeWorld team has introduced an “Autopopulate Treasure” button to enable faster crafting! (Source)
Alerts:
NFTWorlds is looking to hire for multiple different positions! If you’re interested, check out their tweet below. (Source)
OpenSea Trading Volume:
Ethereum trades sideways closing the day at $3,260.44 (+1.6%). Unfortunately, OpenSea trading volume continued its descent touching a monthly low of $78.6M (-21.7%).
News:
ERC-721R is the latest NFT standard that integrates a refund mechanism within the smart contract. (Source)
Did it with my whole heart and a camera. It’s bigger than art, it’s a movement the whole world will see one day. - DriftShoots
First Day Out, the open-edition collection by DriftShoots, concludes with 10,351 mints! This equates to 2070.2 ETH ($6.6M) of sales within a 24 hour period - some of which will be dedicated to justice reform efforts. (Source)
For those interesting in keeping up with Ethereum scaling solutions, Swagtimus.eth has released his latest issue covering the latest updates on StarkNet. In specific, RICKS, an NFT fractionalization service, has been developed for StarkNet. (Source)
Olympus Odyssey has airdropped anyone that had staked 0.5+ $OHM between June 2021 - March 3 a free Ohmiepass NFT on Polygon. This pass will enable holders to access the presale to the Genesis Mint on April 20. (Source)
Notable Sales:
Bored Ape Yacht Club #5149 was sold for 245 ETH ($781,393.20) to a newly funded wallet! The wallet was funded via Orbit Bridge which supports the bridging of assets across 10+ blockchains including unconventional ones such as Ripple, HECO, ICON, and Celo. (Source)