Daily News - August 3, 2022
TLDR:
Gucci accepts $APE! Magic Eden branches to Ethereum! Pearson attempts to milk textbook sales via NFTs! OpenSea purchases its own ENS domain!
OpenSea Trading Volume:
Ethereum climbs 1.5% to close the day at $1,649.82 USD! Following in lockstep, OpenSea’s trading volume descends to $13.35M USD - down from yesterday’s close of $15.53M USD.
News:
Magic Eden, the premier NFT marketplace on Solana, branches out to Ethereum! An important differentiating factor from OpenSea is Magic Eden will not freeze stolen assets. (Source)
Gucci will officially accept $APE tokens as a form of payment at select US stores! (Source)
Pearson, a highly controversial textbook publisher, is looking to NFTs to generate profits from secondary sales of textbooks! (Source)
A recent report by technology research and advisory firm Technavio projects the metaverse to be worth $50.37B USD by 2026! (Source)
Pudgy Penguins post a recap of their progress during July! Some notable highlights include releasing IP rights, airdropping a SoulBound token, and hitting 100,000 followers on Instagram! (Source)
ArkDev, the co-founder of NFTWorlds, reaches out to Tim Sweeney, the CEO of Epic Games regarding the future of NFTWorlds! (Source)
a16z is looking for a Business Development partner for their gaming fund! (Source)
Notable Sales:
OpenSea purchases opensea.eth for 99.89 ETH ($163,900 USD)! The seller previously minted the ENS domain for 6.5 ETH ($2,417.55 USD). (Source)
japan.eth is purchased by thgirbx for 28.0 WETH ($44,113.16 USD)! The ENS domain was originally purchased for 12 ETH nearly 3 years ago. (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT