Daily News - June 9, 2022
TLDR:
The first step towards Ethereum's merge has been completed! OpenSea outlines steps to preventing fraud. Pranksy mints 100 EY3K0N.
OpenSea Trading Volume:
Ethereum closes the day 1.7% lower at $1,788.31 USD! Interestingly, gas prices averaged higher hitting a local top of 255 gwei for a sustained period of time. OpenSea trading volume largely remains flat closing the day with $32.07M USD in daily volume.
News:
Ethereum’s Ropsten test network completes its merge! This marks a pivotal moment for transitioning Ethereum from Proof-of-Work to Proof-of-Stake. (Source)
Nil DAO announces their upcoming NFT launchpad built on Arbitrum - meaning lower fees and faster transaction speeds for creators. (Source)
OpenSea publishes a blog that outlines its steps to prevent fraud including new verification systems, copayment prevention systems, and most importantly improved search functionality. (Source)
Curio raises $3.7M in their latest funding round led by Alexis Ohanian and Katelin Cruse! The firm is currently focused on building tools for providing data-driven insights for NFT traders. (Source)
Notable Sales:
Pranksy mints 100 EY3KON NFTs for a grand total of 23 ETH ($41,159.65)! This project is focused on building an “immersive storytelling platform” with interesting utility including a radio broadcasting license! (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT