Daily News - July 29, 2022
TLDR:
VeeFriends raise $50M from a16z! Yuga Labs hits Meebits with 5% royalties! The Dojo locks up 3,300 Chimpers! beanwhale.eth sweeps 60 Azukis!
OpenSea Trading Volume:
Weâre officially in a recession, however, Ethereum continued to surge 5.45% to close the day at $1,725.47 USD! Despite the sizable Azuki sweep by beanwhale.eth, OpenSea trading volume only amounted to $16.78M USD.
News:
Yuga Labs introduces a 5% royalty fee on the Meebits collection! The funds will be used to build the future of the Meebits project, however, the team refused to prove any details. (Source)
VeeFriends close their $50M USD seed round led by a16z! (Source)
ChainRunners, a prominent on-chain project, teases the release of WeakNet! (Source)
The Dojo is a massive success! There are currently over 3300/5500 Chimpers staked to play The Dojo - leaving only 286 NFTs listed on secondary marketplaces. (Source)
The Otherside has generated the most royalties of any Yuga Labs collection! The project brought in $47M compared to BAYCâs $31M and MAYCâs $25M. (Source)
Drift, the popular artist behind the âWhere My Vans Goâ collection, teases a release of an upcoming documentary. (Source)
Notable Sales:
Beanwhale.eth swept 60 Azuki NFTs via GemSwap for a grand total of 410.077 ETH ($696,405 USD)! The wallet owns a sizable collection of NFTs including 181 Azuki, 332 Beanz, 10 BAYC, and 35 Otherdeed. (Source)
If youâre interested in learning more or joining a community of NFT traders, head on over to OriginsNFT