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NFT Market Update — Week Ending May 13th, 2022

State of The Market, Dapper $725M Ecosystem Fund, Vatican NFTs, Instagram NFT Testing, Metaverse Search …and more!

📈State of the Market📉

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

⚖ NFT Fear and Greed Index ⚖

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 🥇

  1. Otherside #59906 625 ETH (US $2 M)
  2. Otherside #66803 313 ETH (US $777 K)
  3. Chromie Squiggle #133 229 ETH (US $619K)

Recent Events

💲 Dapper Debuts $725M Fund for Flow Blockchain Development 💲

🐱‍🚀 NASA Partners with Epic Games for Martian Metaverse 🐱‍🚀

🎨 The Vatican Is Creating An Official NFT Gallery 🎨

🐍 Instagram to start testing NFTs with select creators 🐍

🔎 Lighthouse raises $7M for search engine of the Metaverse 🔎

🦑 Doodles Dooplicator 🦑

📢 Upcoming Drops 📢

  • AstroGolfer 🏌️‍♂️— The first in the AstroAthletes NFT collection series, AstroGolfer is based on the Apollo 14 true story of astronauts Golfing On The Moon. Creators chose to mint on Polygon to comply w/ NASA stated goals of carbon-free usage and also since the drop released on StarWarsDay, the same week EthMainnet crashed (thx to Otherside). AstroGolfer looks to integrate STEM Ed features as part of its gamified unlockable content and will be rolling out sports integrations as the collection evolves.
AstroGolfer is based on the Apollo 14 true story of ‘Golfing on The Moon.’
  • Didier Ra animated comic June Didier Ra will be releasing the first of 8 chapters of his animated NFT comic book, JEH Mankind Withering. This is a sci-fi themed comic with a story arc that depicts the struggles of the remainder of the human race on nearby planets having been banished from Earth after losing a war to an AI. Hope is reborn after the humans discover extraterrestrial goddesses on Jupiter that could help their cause to reclaim planet Earth.
  • 🥤Pepsi Mic Drop x Billboard🥤 Music Awards “Winners’ Club” NFT Collection Pepsi and Billboard will be live minting digital collectibles for each award during the 2022 Billboard Music Awards. The “Winners’ Club” NFT Collection will only be available on Billboard ChartStars, a digital collectible platform created in partnership with UNBLOCKED. During the ceremony, fans will have the opportunity to claim NFTs in real-time as televised awards are announced — for free! As each award is announced during the show, a custom digital collectible will unlock in real time, available for free minting for only 20 minutes. Fans can get in on the action by following Pepsi, Billboard and BBMAs on all social media to claim the digital collectibles. The Billboard ChartStars digital collectible is built using Flow and will be held on Sunday, May 15, at 8 p.m. ET/5 p.m. PT on NBC.

🐳 The Tao of WhaleShark 🦈

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