An NFT Weekly Recap: 10/31–11/6 by Metaverse HQ

Monday 10/31

Art Gobblers took over the NFT marketplace as all eyes were on the much hyped mint and the project did not disappoint, bringing in an otherworldly 15000E across all marketplaces. Of course the liquidity suck across the board was on full display as the majority of notable floors saw red on the day. Opensea volume closed above $8.7 million in volume while upstart BLUR finished the day at its highest number to date, bringing in over $13 million. ETH remained firm above the $1580 mark. Hope everyone had a fun and safe Halloween!

News:

• DigiDaigaku has officially airdropped all Genesis and Heroes holders a new 10k collection called Dark Spirits. The project saw a flurry of sales above 1E and floors have settled in the .8E range on 38E in volume. https://twitter.com/gabrielleydon/status/1587131391967637504?s=20&t=8A7CjZVcKQeSbBk44ygnMA
• RTFKT teases Eggvember https://twitter.com/RTFKT/status/1587144188369539072?s=20&t=iOT8nJCUARZHI4NHNA3Ubg
• The Miami Heat have announced a partnership with blockchain company Chain. The Chain logo will be featured on the teams warmup shirts. https://twitter.com/MiamiHEAT/status/1587085735684972547?s=20&t=iOT8nJCUARZHI4NHNA3Ubg
• Gamestop NFT officially partners with Immutable X to bring its Web3 gaming collections to life. https://twitter.com/GameStopNFT/status/1587187726943764481?s=20&t=UXZ9MMdh0GOo7niJHwoXfQ
• Goblintown founder Alex Taub, had his Twitter account hacked last night, scamming some followers out of ETH and NFTs in an apparent SIM-swap attack. AJT has vowed to reimburse victims of the hack. https://twitter.com/ajt/status/1587193755790082051?s=20&t=z2_ZnAFgBTVCPIdjkR91BQ
• BLUR has set a new high for daily trading volume, bringing in over $13 million in transactions on the back of the Art Gobblers action. https://twitter.com/blur_io/status/1587235581137854470?s=20&t=1uS9c6EmF3AsR1Nq_vHDeg
• OpenSea has launched a new copy mint detection tool that is able to flag exact and similar art matches within seconds after hitting the marketplace. https://twitter.com/opensea/status/1587194630432497664?s=20&t=EchgcxqHkNaSA6oW8ga4eA
• Reignmakers officially updated its Superstar list with players such as Tyreek Hill and Saquon Barkley receiving the honor, while a handful of players such as Aaron Rodgers and Dalvin Cook had their Superstar status removed. Reignmakers players are limited to just one Superstar per lineup, reducing lineup construction versatility while increasing chances at a top score by playing one of the best players. https://dknation.draftkings.com/nft-crypto-marketplace-what-is-it/2022/10/31/23428728/draftkings-reignmakers-football-every-player-that-gained-lost-superstar-status-nft-week9
• Digital artist and friend of MVHQ Refik Anadol is featured in a NY Times article and discusses new age digital artists and the impact they are making on traditional art houses and museums. https://twitter.com/refikanadol/status/1587106876143140864?s=20&t=iOT8nJCUARZHI4NHNA3Ubg

Notable Mints:

• Art Blocks Presents minted the project “JPEG” by artist Jan Robert Leegte, sold out its 275 supply collection at a .38E mint price and quickly saw its floors surge above it current 1E floor price. The collection has traded over 165E in volume with 24% items listed on 169 holders. https://opensea.io/collection/jpeg-by-jan-robert-leegte
• Art Gobblers began its free Allowlist only drop with a mint window that opened at 4:20 PM EST. Sales were fast and furious out the gate as floors quickly ripped above 15E. After a few brief dips down in the 10E range, action picked back up and floors are currently holding at 13E on an astounding 15000E in volume across all marketplaces. https://blur.io/collection/artgobblers

Tuesday 11/1

Today was a much quieter day in NFT land after the excitement brought on by Art Gobblers minting yesterday. News was scant to say the least with a Nifty Gateway drop by OSF being the highlight of the day. Art Gobblers(10.5E, 10000E vol.) did reveal though, inspiring a second wave of volume across marketplaces. This wave of volume actually propelled Blur to top Opensea in secondary trading volume on the day! Opensea traded a strong $16 million in volume while Blur was able to trade an equally impressive $18 million in volume on the day. With ETH sitting at $1590 to end the day, tomorrow is shaping up to be an exciting one with KPR minting and more macro-economic news from the Fed.

News:

• OSF, prominent glitch-style artist, released 5 different editions today on Nifty Gateway titled Rekt Cities, based around Paris, Tokyo, London and more. Each edition had a different max supply that when reached was no longer mintable. All editions sold out in nearly 5 minutes. https://twitter.com/osf_nft/status/1587182659553398784?s=20&t=mgWBYu--9C6R3N8YOvhLFw
• Art Blocks began the mint of their Friendship Bracelet project. This project will eventually be mintable by anyone that held an Art Block through a snapshot taken by the platform. The 40 mints tonight went to the Art Blocks team and staff before public minting begins for the massive supply project. https://live.artblocks.io/0x942bc2d3e7a589fe5bd4a5c6ef9727dfd82f5c8a/0
• Cryptopunks made history again by being the first NFT included in the Guinness Book of World Record. Deepak.eth’s Punk was included due to being the most expensive sale of all time at 8000 ETH. https://luckytrader.com/nft/cryptopunks/news/crypto-punks-in-the-guinness-book-of-world-records

Notable Reveals:

• Art Gobblers revealed and with it came significant swings in the price action. Upon reveal floors zoomed from nearly 11E all the way to 16E before settling back at 11E. Several Gobblers with 9X multipliers were even sold above 20E, showing the whales were out in full force today. Art Gobblers currently hold a floor of 11E on 23K ETH volume, with 997 holders across the 1800 supply. https://blur.io/collection/artgobblers

Thursday 11/3

It was another day, another mint as KPR and Art Blocks took over the airwaves of VC. KPR (.55E, 1000E vol.) minted out its second phase in a good ol’ gas war that saw tremendous volume post-mint and Art Blocks began minting their expansive Friendship Bracelets (.075E, 500E vol.) project. Otherwise we saw another strong day of volume across multiple marketplaces as the royalty wars continue. Opensea had $11 million traded while Blur also had an impressive $11 million traded itself across their respective secondary marketplaces. Eth meanwhile slowly rose throughout the day to reach $1550.

News:

• The Japanese Government has developed a DAO of their own. They aim to use the DAO as an experiment to comprehend its future usages. https://twitter.com/Blockworks_/status/1588127996140986441?s=20&t=J_x8_aRHePPJoGHFuZue5g
• Yuga Labs released a post today officially “turning on Meebits”. A new activation website was launched that allows holders to connect their wallets and switch “on” their Meebit. More functionality is coming as Yuga teased this is their first step into the interoperable metaverse. https://yuga.com/blog/meebits-website-mb1-turn-on-danny-greene/
• SuperRare announced they will be releasing the Rarepass via dutch auction on November 15. The 250 supply pass will offer collectors one airdrop per month from artists like Coldie, Matt Kane, and Xcopy. Additionally three lucky holders will be airdropped 1/1 works from the likes of Drift and other prominent artists. https://twitter.com/SuperRare/status/1588173906241736704
• Degenheim announced that next week there would be a snapshot to reward holders. The team will be dropping Degengrounds NFTs to the top 100 holders and holders of the 12 1/1 Degenheim NFTs. Degengrounds will act as in-game land. https://twitter.com/degenheim/status/1588221018123997184?s=20&t=BPYCObAT2KP-xKe27PCoVQ
• After the launch of their Instagram NFT integration, Instagram went on today to further announce artists they are directly working with to create NFTs on their platform including MVHQ favorite Refik Anadol and Drift of Driftershoots. https://twitter.com/instagram/status/1588232880244695041?s=20&t=lr5EhF03MDSJ52GBkGUMwQ
• Zed Run announced a whole host of updates to the core gameplay around their races. Experience points, leveling, breeding, and more are all undergoing changes to to bring more activity and visibility to Zed Run. https://community.zed.run/post/core-gameplay-improvements

Notable Mints:

• KPR opened the next phase of their mint for Citizens and quickly sold out in a gas war where mostly bots were successful. The following activity was expected as the floor fell to around .5E where it yo-yo’d back and forth between .5E and .6E. The 10k collection currently has 3800 unique holders with a floor price of .55E and has done roughly 4500E in volume to date. https://blur.io/collection/kprverse

Weekend Recap 11/4–11/6

The weekend held steady as KPR saw strong action with floors nearing 1E at one point, and are currently holding firm in the .85E range. Art Gobblers has seen its floor plummet to 6E as FUD surrounding the context of its art continues to mount, while RENGA saw a big Sunday move with almost 300E in volume. After a brief dump to $1550, ETH is now sitting above $1560 with a big macro week up ahead.

News:

• yOOts holders were able to use their tOObs with the projects long awaited reveal going live on Friday. Art for the NFTs displayed every three minutes on the projects official website. The reveal had been delayed for nearly 2 months. https://twitter.com/y00tsNFT/status/1588500154260545537?s=20&t=z-cz8_COYzKLAV56Vs6y1w
• STEPN has partnered with shoe company ASICS and Solana Blockchain to bring to life a new pair of physical sneakers. The shoes will go on sale for $200 and will come with a Loyalty Badge NFT. https://twitter.com/Stepnofficial/status/1588489897643765760?s=20&t=z-cz8_COYzKLAV56Vs6y1w
• PROOF Collective has announced is PROOF of Conference networking event for May 11–13, 2023 and will take play in Los Angeles, CA. https://twitter.com/proof_xyz/status/1588616273197662208?s=20&t=z-cz8_COYzKLAV56Vs6y1w
• LooksRare announces an upcoming NFT Aggregator that will allow users to purchase NFTs for various marketplaces. https://twitter.com/LooksRare/status/1588570147413196800?s=20&t=z-cz8_COYzKLAV56Vs6y1w
• DraftKings Reignmakers officially launched its UFC product with packs appearing on the marketplace. Packs include fighters only for the upcoming UFC 281 event. Packs sold out its 2100 supply in under 15 minutes at $50 per pack. https://twitter.com/DKReignmakers/status/1588878949614080000?s=20&t=z-cz8_COYzKLAV56Vs6y1w
• Google Cloud and Solana Blockchain have announced a partnership that aims to bring a Solana Blockchain Node Engine to life some time next year. https://twitter.com/googlecloud/status/1588912775291609093?s=20&t=zl_m7jfjxISor9KG9YORiw
• OpenSea has launched a tool that will allow the marketplace to enforce Creator Royalties for new collections starting on November 8th at 12PM EST. https://twitter.com/opensea/status/1589058770646491136?s=20&t=hnugxkABsMhMCj0QANv11w
• Street Machine holders are now able to migrate revealed NFTs to a new contract with an airdrop of Transformer Keys coming on November 12th. Migration takes place on the projects official website. https://twitter.com/STMachineNFT/status/1588735374054260737?s=20&t=hxAEkq9BbgK4-iw64MMdXw
• Helix has partnered with Playboy NFTs. https://twitter.com/HELIX_Metaverse/status/1588652727520870400?s=20&t=4SwgIDXK43-VEG5YIF-hvA
• Animoca Brands has partnered with 3D printing firm, Arevo and aims to produce custom carbon fiber bicycles with individually owned NFT artwork. https://twitter.com/animocabrands/status/1588590972568743936?s=20&t=oz8BhbGd1--YE9p7_BzsAg
• The Bossman himself, Vitalik Buterin, tweeted out an updated roadmap graphic: https://twitter.com/VitalikButerin/status/1588669782471368704?s=20&t=4SwgIDXK43-VEG5YIF-hvA