🔥 Weekly NFT News
- The famous NFT collection BAYC (Bored Ape Yacht Club) reached a total sales price of 542 million dollars among 8749 people.
- McDonald's China released its first NFT study 'Big Mac Rubik's Cube' to celebrate the 31st anniversary of its entry into the mainland Chinese market. NFT was inspired by McDonalds' new headquarters in Shanghai.
- Bank of America (BoA) released a research report with bullish prediction for the future of cryptocurrencies and NFTs.
- Worldwide famous TV Series Squid Game, had an impact on the NFT market as well. On the OpenSea digital marketplace, an anonymous NFT creator with username 9194C0 released 2000 Squid Game NFTs. Some of these NFTs are being traded at prices higher than 1 ETH.
- Coinbase, one of the major cryptocurrency platforms, announced its NFT platform and opened pre-registrations.
Collection Corner:
Neolokal NFT
NFT started with art, will it continue with art only? Although most of the resulting works are still on visual arts, we often hear that a new industry is entering the world of NFT. Our collection proposal for this week comes from Neolokal. Chef Maksut Aşkar has broken new ground by converting 5 signature dishes into NFT and putting them up for sale by auction.
You can view these works at this address.
🎓 Unique NFT Dictionary
Mint
The act of an artist or collector publishing a work of art on the blockchain is called mint.
Source: ONE37pm
💻NFT Platform Review: OpenSea
When we talk about decentralized networks, there is no greater marketplace than OpenSea.OpenSea boldly defines itself as the largest NFT market as well.
You can trade all kinds of unique digital goods on the platform. It would be appropriate to make the eBay analogy for NFTs.
Platform has more than 700 different projects, including card games, collectible games, digital art projects, and name systems such as ENS (Ethereum Name Service). More than 4 million assets in monthly volume, more than 135 Dapp integrations are available on the platform and these numbers are constantly growing.
OpenSea experienced significant growth since its launch. Currently, there are over 17 thousand OpenSea users. Important names such as Mark Cuban, Gary Vaynerchuk and Chamath Palihapitiya have also openly expressed their interest in OpenSea and similar platforms recently.
OpenSea seems to take on a more important place in our lives with the growing interest in NFTs.
📉 NFT Marketplaces Monthly Volumes
Source: TheBlockCrypto
📉 NFT Marketplaces Weekly Trade Volumes
Source: DappRadar
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