TLDR:
OpenSea trading volume continues to trend lower, however, many blue-chip projects have made 10%+ gains in their floor price. We’re also seeing a flood of capital into the blockchain-gaming sector - the latest entrants are Alameda Research and Galaxy Interactive.
Treasure:
The TreasureDAO community came together to form a fund for those impacted by the fraudulent SmolPenis project. To provide some context, SmolPenis was a malicious project that drained the funds of wallets that minted their project. (Source)
OpenSea Trading Volume:
Ethereum continues to struggle to break through the $3,000 barrier- currently trading at $2,932.52 (-1.0%)! OpenSea trading volume continues to trend lower after achieving a local maximum following the release of the $APE token launch. Today’s volume amounted to $110.9M (-6.3%).
News:
Galaxy Interactive, Republic Crypto and Alameda Research launch NG+, an investment firm specializing in blockchain gaming. For those curious, the fund has already invested within the 3 projects I’ve listed below. (Source)
GreenPark Sports (Website)
Delysium (Website)
Mirror World (Website)
ArkDev, the co-founder of NFTWorlds, teases “significant things” for the $WRLD token. Many have interpreted the hints provided by ArkDev to point to the listing of $WLRD on Binance. (Source)
gmStudio, the decentralized art studio focused on generative art, launches their latest collection titled ‘Plasticity’ by p4stoboy! The collection will go live on March 28 at 2:00 GMT at a sale price of 0.15 ETH. (Source)
Chris Dixon, a forefather of the Web3 movement, aggregated the most important Twitter Threads related to Web3. For anyone looking for a deeper understanding of this space, highly recommend checking out some of these threads. (Source)
NBA TopShot, a basketball-focused NFT marketplace hosted on the Flow blockchain, provides an update regarding changes to the supply size, rarity, and rewards of upcoming pack drops. Of these changes, the most significant one involves limiting the edition size of common NFTs from 60,000+ to 30,000. (Source)
Tom Brady and Vitalik Buterin have a heart-to-heart moment, as the 7-time SuperBowl champion announces his appreciation of Vitalik following a series of harmful comments. (Source)
Notable Sales:
Chris, the creator of Nyan Cat, collaborated with Ghxsts for a 1/1 masterpiece titled ‘Nyan Ghxst.’ Following an intense bidding war between gmer and 7CA, gmer narrowly won the bidding war at 17.2602 ETH ($50,836.78). (Source)