An NFT Weekly Recap: 11/14–11/20 by Metaverse HQ
Monday 11/14
A slew of headlines came across the news desk today as Yuga and Beeple align, Nike presses forward with its digital wearables vision and Sony hints at a run into NFTs and Web3. 10KTF saw a nice surge after its parent company WENEW was acquired by Yuga Labs, with floors jumping over 90%, making it the only notable project on the day to see substantial floor gains. Opensea closed the day at its highest number in three days at $7.4 million, while ETH reclaimed its postiion above $1200.
News:
- Yuga Labs announces the massive acquisition of WENEW, the parent company for 10KTF. Most notably, the artist known as Beeple (Mike Winkelman) joins Yuga as an advisor with WENEW CEO Michael Figge becoming the Chief Content Officer for Yuga. https://twitter.com/yugalabs/status/1592156130666774530?s=20&t=7KJ6IhDMW3t-A1H3-cZYPw
- Nike announced a new platform from its Virtual Studios that aims to integrate digital collectibles and wearables into a its own marketplace. The platform will be called .SWOOSH and will include its own domain for all users. All CloneX holders will get access to a .SWOOSH ID with releases being tailored to CloneX wearables. https://about.nike.com/en/newsroom/releases/nike-launches-swoosh-a-new-digital-community-and-experience
- A new Sony patent filing suggests that NFT integration might be on the horizon for the gaming and tech giant. https://twitter.com/PSLifeStyle/status/1592194727977562113?s=20&t=bOz8W80YO3xRm-7TZdt_4w
- BLUR Marketplace announces that it will enforce royalties on permissioned NFTs and will continue to incentivize royalties on all NFTs while also taking 0% marketplace fees. https://twitter.com/blur_io/status/1592203711354261504?s=20&t=bOz8W80YO3xRm-7TZdt_4w
- Draftkings Reignmakers announces a new Holiday themed contest that will award $1 million to first place. The contest will require players to purchase packs for $199.99, with each pack containing a Holiday Flannel card, which are the only cards allowed to be played in the tournament. The drop is set to go live on 11/17 at 5PM EST. https://dknation.draftkings.com/2022/11/14/23451899/draftkings-offering-first-reignmakers-millionaire-contest-rolls-out-holiday-side-set-nft
- Care Bears are the latest Web2 brand to make its way into The Sandbox with 3060 NFTs available to purchase for 100 $SAND set to drop on 11/15 at 9AM EST. https://twitter.com/TheSandboxGame/status/1591055280330399744?s=20&t=bOz8W80YO3xRm-7TZdt_4w
- Our very own Tophatcat double dipped today with this weeks rendition of the Weekly Recap video and he also takes a dive into the latest Goda project with a new project spotlight video. Check them both out in the links below! Weekly Recap: https://twitter.com/Metaverse_HQ/status/1592276845801910273?s=20&t=L-SKOk8hwpEZE2vzjkWCzQ; GODA Spotlight: https://twitter.com/Metaverse_HQ/status/1592240542053801985?s=20&t=L-SKOk8hwpEZE2vzjkWCzQ
Tuesday 11/15
Tuesday was a rather quiet day in the markets as news and exciting mints were both few and far between. Notably, Yuga Labs announced a new initiative to jumpstart awareness for NFTs and SuperRare’s coveted Genesis Pass auction began. Fallout from broader global issues caused a slight pullback in crypto prices although market action saw a slight bounce on the day fuelled by Yuga assets like MAYC (1200E vol.) and Otherdeeds (700E vol.). Opensea daily volume came in around $8 million while ETH closed the day in its range at $1440.
News:
- Yuga Labs announced today the launch of their Punks Legacy Project in an attempt to increase the reach and audience of Cryptopunks and other NFTs. This initiative begins by donating Punk #305 to the Miami Institute of Contemporary Art. https://twitter.com/yugalabs/status/1592519946969706497
- Portuguese football star Cristiano Ronaldo announced his first foray into NFTs. Ronaldo tweeted today that his collection of 6645 NFTs will launch on Binance this Friday, Nov. 18. https://twitter.com/Cristiano/status/1592520297290551308
- Digidaigaku NFT holders will reportedly be receiving an airdrop this week in anticipation for the start of the crossover event with the Ether Orcs project. Exact details of the crossover event are still unknown outside of there being a special Digi-dungeon available for raiding and special loot chests up for grabs. https://twitter.com/DigiDaigaku/status/1592551668964790273
- The SuperRare Genesis Pass #1 began its 24-hour auction today. The pass offers monthly airdrops from artists such as Coldie and XCopy. The auction is currently running with a winning bid of 50 ETH. https://superrare.com/0xbbb62c4b8ed027530ce5f6663d1a2aa8a7e8cacf/rarepass:-genesis-1-1
- KPR announced a new hire to their team, Khoa Viet, as Creative Director. Viet has a background as a concept artist working with Riot Games and Toys for Bob. https://twitter.com/KPRVERSE/status/1592654443379822592
- Gary Vee and Veefriends teamed up to announce a World Cup competition open to the public! Anyone is able to fill out a tournament bracket for the World Cup and finishers with the best score will be eligible to receive select Veefriends NFTs. https://blog.veefriends.com/announcing-the-veefriends-football-tournament-challenge-418876bd1b0d
Wednesday 11/16
Another day of strong headlines coupled with pockets of green across the marketplace helped to keep things interesting today. Otherdeeds saw nearly 800E in volume as floors were swept back above 1E after briefly slipping below. Art Gobblers also saw a solid 45% jump in floor price. Helix Founders Passes also had a strong day with floors back above .53E and Wolf Game popped over 70% with floors now at 1.2E after a tease of its full game launch coming in December. Opensea volume closed in the $7 million range once again while ETH settled just below $1200.
News:
- Pudgy Penguins and Kellogg’s announce a partnership that aims to feature the project on the cover of its famed cereal box. Participants will be required to mint a Kellogg’s Breakfast Club NFT in order to have a chance at collecting a physical version of the cover. https://twitter.com/pudgypenguins/status/1593032061736325120?s=20&t=40AUezudc3uS8rxZZrowSg
- Azuki hints at a partnership with the Red Bull F1 Racing team with character Lei the Lightning appearing in a short video. https://twitter.com/AzukiOfficial/status/1593151612918575105?s=20&t=vDmTInaOKK5jSxJ_rhdDDw
- RTFKT x Nike announce a drawing for their “Footballverse Jersey drop.” The drawing will open on 11/21 with 3333 Allowlist spots and a 10,000-member waitlist. https://twitter.com/RTFKT/status/1592801888168443906?s=20&t=aIVkB-t5FhxUckz3A__Jeg
- Crypto exchange Gemini is the latest domino to fall victim to FTX Contagion as they halted withdrawal from its popular EARN program. https://twitter.com/Gemini/status/1592873279232278532?s=20&t=JplHVuK9Cmoqw--bPwcR4Q
- The Capsule Collection from ADIDAS Originals began its unboxing and open-ended reveal today. Capsules were airdropped to Metaverse Phase 2 holders back in June and must be burned to receive a new NFT. https://twitter.com/adidasoriginals/status/1592971519634059264?s=20&t=aIVkB-t5FhxUckz3A__Jeg
- Truth Labs, the team behind GoblinTown, are hosting a Twitter Spaces with Atari to detail their new game called Goblin Crash! The event is set to take place at 6PM EST. https://twitter.com/ajt/status/1592964349949530112?s=20&t=vJHMGUC5Pgw00VPVkRi66A
- Wolf Game teased the launch of the full game set for December. https://twitter.com/wolfdotgame/status/1593091445350891520?s=20&t=40AUezudc3uS8rxZZrowSg
- Franklin tweeted that Kevin Hart is giving out BAYC blankets during his current comedy tour. https://twitter.com/franklinisbored/status/1592987786336165892?s=20&t=ZPW6GR2_p4iSx7vEbhp0pQ
Notable Mints:
- FreeNFT.XYZ, a free mint, aims to create a marketplace for free mints — and sold out its Launch Ticket drop earlier today. Floors touched as high as .035E and have settled back in the .017E range on 41E in volume.
- Art Blocks Curated: ORI by James Merrill sold out at a Dutch Auction price of 1.25E and saw strong action with floors shooting above 2.25E before settling into its current 1.86E range. A big shout out to @Silvaserger for his big 5E sale on Rank 7. Sometimes blind squirrels do find nuts.
- The SuperRare Genesis pass sold out at a Dutch Auction price of 17.25E. The pass will give access to 24 top artists including XCOPY. Current floor sits just under 24E. https://twitter.com/SuperRare/status/1593047737540677634?s=20&t=VvmanWFeyV5UWOMcDQ6lyQ
Thursday 11/17
A couple of mints kept things moving along today as 1984 and GODA were two of the notable successes. We also saw a big BAYC sale on Trippy Fur Ape #8633 for 613E ($738,000) which was encouraging considering recent market conditions. Pudgy Penguins saw a little +15% pop on the floor while Invisible Friends made a +12% move upwards as well.
A look across the marketplace landscape saw Opensea check in with over 6800E in transactions, with Blur closing the day at over 2700E. X2Y2 (626E) and LooksRare (611E) checked in significantly behind. ETH continued to maintain just around the $1200 range.
News:
- Azuki has integrated F1 Racing Jackets onto collector profiles of holders that are available for download as PFPs. This comes as an extension of their partnership with Formula 1 racing that was announced yesterday. https://twitter.com/AzukiOfficial/status/1593243236927123459?s=20&t=weZtb6mDHplDuavL1PECew
- Cool Cats opened its CCFC mint and sold out its Allowlist mint phase. The window for partnered projects opens tomorrow at 5AM EST. https://twitter.com/CoolCatsFC/status/1593401876560896001?s=20&t=PaZ1n4y6xmvu53ZaS9C7Kg
- Uniswap announces the launch of two new smart contracts that provide increased “flexibility of token approvals and aggregate ERC20s & NFT swaps into one. https://twitter.com/Uniswap/status/1593340946820775937?s=20&t=Rn3cf5QMrJ4mq4Ds87xJCw
- Snowfro announced that 15 Chromie Squiggles were minted today and are earmarked for a variety of causes including an art swap, for charity and higher education purposes. The new mints bring the Squiggle total to 9699 NFTs, with Snowfro intending to complete the 10k collection by the end of the year. https://twitter.com/ArtOnBlockchain/status/1593362095474720768?s=20&t=PaZ1n4y6xmvu53ZaS9C7Kg
- Magic Eden announces a new feature that provides a dual mint experience for Launchpad projects. You can now mint via the Launchpad or the projects mint page under the same smart contract. https://twitter.com/MagicEden/status/1593301691247767552?s=20&t=gge3JvdZlGrS_irCV9SpSg
- KPR adds former Electronic Arts Project Manager to its team. https://twitter.com/KPRVERSE/status/1593333175001837568?s=20&t=Rn3cf5QMrJ4mq4Ds87xJCw
- William Shatner responds to a comment in defense of the utility of NFTs in gaming. https://twitter.com/WilliamShatner/status/1593260469187485698?s=20&t=rczDpXtA7k1s2d2KKfzYRg
Notable Mints:
- 1984 sold out at a .05E mint price for its 1984 supply collection. The proejct saw nice action throughout the day with floors peaking above .2E and now currently sitting in the .18E range on almost 300E in volume. https://blur.io/collection/1984-worldwide
- GODA closed its auction for the Hilma af Klint collection and saw a flurry of sales with floors currently holding strong at 3.3E on over 60E in volume. https://blur.io/collection/hilma-af-klint-paintings-for-the-temple
Weekend Recap 11/18–11/20
It was a quiet weekend in the marketplace albeit with pockets of secondary activity throughout. OtherDeeds have continued to see positive floor movement and are currently holding above 1.2E. KPR has regained as floor shave surged back above .25E, while CloneX continues to see floors hold above 8E.
A look across all marketplaces saw two day totals close for Opensea at 8600E with Blur checking in just above 3500E. LooksRare saw over 1400E in transactions while, X2Y2 closed just under 900E.
News:
- Pudgy Penguins release a YouTube trailer announcing its entry into the popular Sothebys auction house with its Snowed In collection. https://twitter.com/pudgypenguins/status/1593684284044414978?s=20&t=O5ds24cUSkk56iIaRpiYaQ
- Bankless, a popular Web3 focused podcast, released its first audio NFT and minted a conversation that includes estranged former FTX CEO Sam Bankman-Fried.https://twitter.com/BanklessHQ/status/1593368638089838592?s=20&t=U8FS5y2VFFe-q1TCIb2uwg
- ApeCoin DAO announces that three members of its special council will not be returning, opening up room for new members to run in an upcoming election. https://twitter.com/apecoin/status/1594088125290381312?s=20&t=EYPqe19JDi6ET85xU5GJ3w
- Refik Anadol has launched his Unsupervised collection for display at the MoMA of NYC. https://twitter.com/MuseumModernArt/status/1594007426516193280?s=20&t=U6iQhlygsJnTC2AoqEmJTA
- Sandbox announces a new map and dashboard for users. The update provides improved navigation and search, closer zoom and a new look and feel. https://twitter.com/TheSandboxGame/status/1593563910795186176?s=20&t=jM1wD7AeARaHM29ImwFUsw
- X2Y2 will now move to royalty enforcement on its NFT Marketplace. The platform previously had given users the ability to choose. https://twitter.com/the_x2y2/status/1593631419561304067?s=20&t=O5ds24cUSkk56iIaRpiYaQ
- MekaVerse has released a trailer for their upcoming game called “Meka-Citadel,” with the launch coming on 11/22. https://twitter.com/MekaVerse/status/1593707813515235330?s=20&t=Uh5EGXe9agLF898co_ketw
- STEPN has completed its ASICS Solana airdrop to all holders of the ASICS badge. https://twitter.com/Stepnofficial/status/1593710507239739392?s=20&t=XoHyT5zUAuyPT1OTtrZzbw
- Bulls on the Block has been acquired by web3 company Bulls and Apes project. https://twitter.com/BullsOnTheBlock/status/1594402395479592960?s=20&t=uYBJjkZSmdEcZBrwLm0Ukw