Daily News - May 5, 2022
TLDR:
Blur is launching a pro-trader marketplace. PXN sells out. NFT Worlds launches the most gas-efficient contract yet!
Treasure:
Smol Preeminent provides a summary of the Trove AMA! (Source)
MovrDAO will be launching on the $MAGIC ecosystem. The move-to-earn model was made popular by StepN - a protocol that rewarded users for being active. (Source)
$MAGIC climbs above $2.00 and hits an intraday high of $2.04! (Source)
OpenSea Trading Volume:
Following the bullish announcement from the FOMC meeting, Ethereum climbed 5.0% and closed the day at $2,944.30. OpenSea trading volume climbs higher and closes the day with $177.22M in daily trading volume (+8.7%).
News:
Blur launches an NFT marketplace for professional NFT traders. Access to the platform is only available by invitation. (Source)
Cobie teases his latest article regarding ApeCoin. His previous piece discussed the governance structure of APE DAO, tokenomics surrounding $APE, and staking of $APE. (Source)
$WRLD has officially been listed on BitRue! (Source)
PXN instantly sells out their dutch auction at 2 ETH! The project adopted a queue method to protect users against gas wars. Unfortunately, many people fell victim to a scam as the PXN OpenSea page redirected them to a fake website. (Source)
NFT Worlds launches their Genesis Avators project! Many have commended the team for their extremely optimized contract - minting 20 NFTs cost roughly $15 in gas. (Source)
Notable Sales:
Benddao.eth swept 10 Otherdeed for Otherside for a grand total of 1,186.78 ETH ($3.5M USD). The buyer holds 1 BAYC, 1 MAYC, 1 Azuki, 1 Doodles, 1 CryptoPunk, and 1 CloneX. (Source)