[NFT Weekly] Nexon Selects Polygon Supernets; y00ts Begins Migration to Polygon

Translated by elcreto

Top NFT Floor Price

Market News

Nexon Partners with Polygon for MapleStory Universe - Link

• Nexon’s MapleStory Universe—a blockchain ecosystem based on MapleStory IP—is coming to the Polygon network.
• Ecosystem participants will be rewarded with native coins, and items will be turned into NFTs.
• An environment that allows projects to build an independent gaming ecosystem and the already-onboarded Web2 companies like Starbucks and Nike are most likely the reasons Nexon selected Polygon Supernets.
• Apart from Nexon, other South Korean game companies, including Neowiz (Intella X), Bora (ArcheWorld), FourThirtyThree Inc., are rushing to go live on Polygon.

Sony Files Patent for NFT Transfer - Link

• Sony has applied for a patent for NFT transfer between various platforms.
• It aims to render NFTs and tokens transferable between different hardware, e.g., VR headsets, tablets, and smartphones.

Most Hyped

y00ts

• FP: 142SOL
• y00ts will start migrating to Polygon on March 27, 2023.  - Link
• Users who migrate within the first 24 hours will receive rewards, including i) free gas fees and free staking, ii) $5 USDC per y00t listed, and iii) Bitcoin DeGod airdrop to 1 random y00t.
• The y00ts team will impose a 33% Paper Hands Bridge Tax on all holders not bridged by April 3, 2023.
• Meanwhile, DeGods will start migrating to Ethereum on March 31.

On-chain Analysis

Ethereum NFTs: Week-on-Week Changes

• Total value of NFTs traded: -4.5% WoW
• Total volume of NFTs traded: -15.0% WoW

Top 10 Projects by 7D Trading Value

7D Trading Volume by Segment (Based on Ethereum)

• PFP took up a whopping 76.0% of the NFT transactions, with utility and land NFTs making up 7.8% and 5.1%, respectively.

7D Trading Volume by Blockchain

• Ethereum's market share by 7-day trading volume slumped 8.98%, sliding from 75.7% to 68.9% over a period of one week.

Previous NFT Weekly Reports

[NFT Weekly] OpenSea Proxy Contract, Bitcoin DeGods, Claynosaurz & More!

[NFT Weekly] Yuga Labs’ Otherside 2nd Trip, Gitcoin Presents’ Parabolic Surge, and More!

[NFT Weekly] Yuga Labs TwelveFold, Polygon-Daehong Partnership & Owls 9000% Moonshot

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