Daily News - August 6, 2022
TLDR:
Tiffany and Co generate $12.5M from their CryptoPunk pendant sale! MoonBirds bounce from 15 ETH to 17.2 ETH! Webaverse will release on August 6! Sudoswap activity skyrockets! Incoom.eth spends 461.2 ETH sweeping NFT collections to deposit into SudoSwap!
OpenSea Trading Volume:
Ethereum surges by 7.3% to close the day at $1,733.95 USD! In a similar manner, OpenSea closed the day with $19.1M USD in daily trading volume - up 33.56% from yesterdayâs close!
News:
Tiffany and Co sell out their CryptoPunk pendant collection! The luxury brand generated $12.5M USD from the sale. (Source)
DutchTide releases physical prints for Midnight Breeze holders! (Source)
Bibos hit a floor price of 0.64 ETH ($1,073.94) after minting out for 0.1 ETH earlier today! (Source)
Arbitrum will celebrate its One year anniversary by upgrading to Nitro! This upgrade will offer lower transaction fees and greater performance for the Arbtirum ecosystem (e.g. TreasureDAO, Dopex, GMX). (Source)
TLDR: Webaverse will mint from August 6 - 9! Itâs an open-source, browser-based, composable metaverse gaming engine. This drop provides a season pass that can be claimed for 1 of 20,000 parcels of land. NFT isnât required to play the game but offers exclusive content and future airdrops!
If youâve heard of Webaverse but have no clue about it, William M. Peaster publishes an in-depth article exploring the project! (Source)
Following the soft launch of the âgrow-to-winâ mechanism, Potatoz surged past its previous resistance of 1.5 ETH and settled at a floor price of 1.69 ETH ($2,820.95 USD)! (Source)
Buyers often need a price increase of 10% to just break even. Trading on sudoswap means you only pay a 0.5% fee versus the usual 7.5% (2.5% + 5% royalty) fee on other platforms, enabling better price discovery.
Ponz provides an in-depth analysis in SudoSwap - a decentralized NFT marketplace offering cheaper trading fees! The DeFi x NFT protocol has recently achieved record liquidity deposits, trading volume, and capital efficiency. (Source)
CryptoPunk 1119 receives a bid for 775 ETH ($1.29M USD) from 2.punkotc.eth! The current floor price for a Zombie CryptoPunk stands at 1,420 ETH ($2.37M USD). (Source)
In response to MoonBirdâs transition to CC0 public licensing standard, an anonymous team trolls the decision by launching MoonBirds2! OpenSea immediately delisted the collection due to trademark violations stemming from the use of the MoonBirdâs name and logo. (Source)
XCOPY continues to push boundaries by implementing CC0 public licensing for his/her art pieces! (Source)
Twenty-seven years, a collection by Jeremy Fall in partnership with CNN, officially sells out! (Source)
Notable Sales:
Incoom.eth sweeps 40 Otherdeed for Otherside via Gem Sweep for 87.71475 ETH ($147,430.07 USD)! Immediately after sweeping the project, incoom.eth created a liquidity pool on SudoSwap consisting of 40 Otherdeeds and 69.40 ETH. (Source)
Animator Creating Animation, the latest piece by DeekayMotion, is sold to Artifaction2 for 109.5 ETH ($174,273.63 USD)! (Source)
If youâre interested in learning more or joining a community of NFT traders, head on over to OriginsNFT