Daily News - March 17, 2022
OpenSea trading volume is up 28% (24H). Much of this volume can be attributed to the announcement of the $APE airdrop, which has prompted market participants to sweep BAYC, MAYC, and KAYC!
Karel, a prominent member of TreasureDAO, teases a room full of gold. Many have interpreted this as a teaser for the upcoming Trove marketplace. (Source)
John Patten, the creator of TreasureDAO, addresses FUD surrounding the project. In specific, much of this FUD stem from the recent decline in $MAGIC (-57.1% from ATH). (Source)
OpenSea Trading Volume:
Despite the announcement of interest rate hikes, Ethereum surges to $2,764.19 (+5.4%). This coincided with an increase in Opensea trading volume, currently up to $79.43M (+28%).
The highly anticipated $APE coin is finally here! Yuga Labs, the creators behind Bored Ape Yacht Club, will begin the trading of $APE on select centralized exchanges. (Source)
List of Exchanges for $APE:
For holders of BAYC and MAYC, you’ll be eligible to claim your $APE tokens tomorrow at 8:30 AM EST! For those concerned about gas fees, the claim period will last 90 days (Wednesday, June 15, 2022). (Source)
“We're working on bringing NFTs to Instagram in the near term,"
Mark Zuckerberg, the CEO of Meta formerly known as Facebook, announces NFTs will be coming to Instagram. Although the details are murky, the founder did specify users would be able to display and mint NFT through the social media platform. (Source)
“At HSBC, we see great potential to create new experiences through emerging platforms, opening up a world of opportunity for our current and future customers and for the communities we serve. Through our partnership with The Sandbox we are making our foray into the metaverse, allowing us to create innovative brand experiences for new and existing customers.”
HSBC, the largest larges European bank managing $2.958 Trillion, is the latest conglomerate to join the metaverse! Their latest acquisition of virtual real estate in Sandbox will be used to create a “Sports Zone” to better connect with e-sport and gaming audiences. This move follows JP Morgan Chase & Co.’s acquisition of virtual land within the Decentraland. (Source)
HotBit, a centralized exchange from China, officially lists $WRLD! (Source)
Emily Xie, a prominent generative artist, is launching her latest collection titled “Memories of Qilin” on Artblocks! The collection will go live via dutch auction on Monday, March 21st at 1:00 PM EST. (Source)
Rethink your strategy on the next leg up, 100 ETH floor was a great place to take profits. I did, and I don’t regret it, it was the right thing to do. - Farokh on March 7, 2022
Bored Ape Yacht Club #6412 is sold for 109.95 ETH ($303,137.65) to Farokh - the creator behind Rug Radio! Interestingly, Farokh publicized his previous BAYC sale during the run-up to 100 ETH. (Source)