WHALE Members
Published in

WHALE Members

NFT Market Update — Week Ending July 29th, 2022

State of the Market, NFT Embeds made Easy, Meta and Apple fight for the Metaverse, Hello Kitty poised for big NFT debut, and more!

📈State of the Market📉

Total number of sales in past 30 days. Data from nonfungible.com.

Market activity for the past 7 days:

⚖ NFT Fear and Greed Index ⚖

The NFT Fear and Greed Index (NFGI) dropped to 37 (Weds. Jul 27th, 2022), still ranging near previous weeks.

Readings for the NFGI are as follows: 0–20 = Extreme Fear, 20–40 = Fear, 40–60 = Neutral, 60–80 = Greed, 80–100 = Extreme Greed.

🥇 Top 3 Sales 🥇

Top sales in USD for the past 7 days.

  1. God is Typing (SuperRare XCOPY) 264 ETH (US $461 K)
  2. BAYC #4171 254 ETH (US $439 K)
  3. Cryptopunks #8595 145 ETH (US $238 K)

Recent Events

📦 NFT Embedding Made Turnkey 📦

NFT Embed has just announced a new and free tool for all creators, publications, and supporters of Web3. illestrator | tim.eth is the developer of this potentially ground-breaking technology where he states that “As easy as it is to embed a tweet into a website, you can now do the same with NFTs with wallet connect and marketplace capabilities out of the box”. NFT Embed allows you to sell NFTs on your own website with no coding required. You can drop in any ERC721 token address and ID, copy the embed text, and paste into WordPress, Webflow, Shopify, etc. and voila! You can also promote sales on your own website and you have the option to pay finders fees or commissions.

👔 Meta and Apple Compete for the Metaverse 👔

Zuckerberg believes that Apple and his company are in a “deep, philosophical battle” to build the metaverse with both in a position to offer AR and VR technology. Having created the Metaverse Open Standards Group along with Intel, Microsoft and others, Meta claims that they are deciding “which way the internet should go.” Apple are not part of this group as they have always preferred to remain closed in terms of their hardware and OS. Zuckerberg feels that the openness of companies to work together will build an ecosystem that will define the internet of the future. Future immersive 3D environments will have open protocols that will make it easy for people to move around with virtual objects. Apple’s strategy of tightly controlling both hardware and software worked well for the iPhone, but for the metaverse, “it’s not clear whether an open or closed environment is better.”

🥊 Russell Crowe: How NFTs let $100 Investors Fund Movies 🥊

It was reported in our Weekly Highlights back in January 14th 2022 that “The financing of films is coming to the blockchain.” via the crowdfunding platform Movie.com The public had the opportunity to invest in Prizefighter: The Life of Jem Belcher, featuring Ray Winstone and Russell Crowe. The movie is now being steamed on Prime Video since July 22nd.

😻 SANRIO Embarks on a Globetrotting NFT Experience 😻

Powered By RECUR, Sanrio Hello Kitty and Friends World are coming to NFTs on August 24th (presale) and will open to the public on August 25th. The narrative behind this drop is about the friendship and community of Hello Kitty, where “fans will be able to pack their digital bags and travel alongside Sanrio’s most beloved characters on a globetrotting NFT experience”. Hello Kitty and five of her friends will act as tour guides for fans through the 10k NFTs for sale. Fans will be able to collect Hello Kitty characters and earn new digital collectibles by completing challenges where they travel to eight iconic cities around the world, two of which will be exclusively available for RECUR Pass Holders.

🤝 OMA3 Metaverse Interoperability DAO 🤝

Open Metaverse Alliance for Web3 (OMA3) has been launched collaboratively by several prominent blockchain-based companies and big metaverse platforms. Some of the companies include ‘The Sandbox’, ‘Decentraland’, ‘Animoca Brands’ and ‘Voxel’(Previously called Crytpovoxels). To summarize, the goal of the organization is to steer the evolution of the metaverse in a direction that aligns with some of the core principles of Web3.

💰 Unstoppable Domains raised $65 M 💰

Unstoppable Domains, a popular blockchain naming system provider and identity platform, is the latest crypto startup to become a unicorn. The identity platform, which has amassed over 2.5 million registered NFT domains, said on Wednesday it has raised $65 million in its Series A funding round at a valuation of $1 billion. Pantera Capital led the four year-old startup’s new financing round.


Access the full report and discussion in our #market-strategy discord channel. Exclusively for WHALE Members H2P role holders.

  1. Join the WHALE Members discord
  2. Verify & claim your role
  3. Ask in #contact-us if you need any assistance



WHALE is the omni-versal membership club for the natively digital, focused on immersing our WHALE Members in the renaissance of digital art and culture.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store