New Opportunities For Artists: Lazy Minting From Rarible — October, 24
Sales in both categories have remained virtually unchanged over the week. Still, the digital Art market shrank slightly, while the Collectibles market rallied just as much.
The most expensive sales of the week include representatives of the same collections as last week, namely the Bored Ape Yachts Club and Art Blocks.
Top Collectibles — Bored Ape #8585, sold on October 19th for $2,705,138.81. At the moment, this token ranks second in value among all sales in the collection.
- Bored Ape #8585, source: https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/8585
Top rated Art Fidenza #30 by Tyler Hobbs (Art Blocks collection), sold on October 20th for $760,341.19.
2. Fidenza #30, source: https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000030
Sales on OpenSea this week were significantly lower than during previous periods. The highest daily sales over the course of the week were recorded on October 18th, standing at $71.75 million, according to Dapp Radar.
3. Announcement of the lazy minting function on the Rarible Twitter account, source: https://twitter.com/rarible/status/1450109587705761794?s
Great news for artists! The Rarible marketplace launched the Lazy Minting feature on October 18th, which allows NFT minting for free. Under the given feature, the buyer pays the gas commission directly at the time of the transaction. Previously, this feature was only available on the OpenSea marketplace. Read our NFT guide for more information on paying for gas on different marketplaces and the Lazy Minting features.
