[NFT Weekly]Weekly Roundup of Latest NFT News: Azuki Hilumia, Metaverse Seoul, and On-chain Analysis

Research Analyst/
Jan 19, 2023
Translated by elcreto

Top NFT Floor Price 

  • A turnaround in the crypto market brought the NFT FP down—the changes are minimal, though, when converted into USD.

NFT Market News

Azuki Launches Virtual City “Hilumia” - Link

  • Commemorating the 1st anniversary, Azuki unveiled a virtual city, Hilumia.
  • Azuki said that its physical backed tokens (PBTs), which tie digital tokens to physical products, will be introduced in Hilumia.

Seoul Rolls Out “Metaverse Seoul" - Link

  • The Seoul Metropolitan Government has launched “Metaverse Seoul,” which will allow residents to use five areas of administrative services, such as economy, education, taxation, administration, and communication, in the virtual space.


On-chain Analysis

Total Trades: WoW Changes

  • Total volume of NFTs traded: 12.4%
  • Total value of NFTs traded: -7.3%

Top 10 Projects (By 7D Trading Volume)

7D Trading Volume by Sector (Based on Ethereum)

  • PFP (63%), utility (10.0%), and collectible (9.7%) NFTs were the most traded by volume.

NFT Trading Volume by Blockchain

  • Based on 7-day trading volume, Ethereum’s market share sits at 75.2%, slightly down from previous week’s 76.5%.

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