Ponyo
Research Analyst/
XangleMar 21, 2023
Translated by elcreto
Top NFT Floor Price
Market News
OpenSea Introduces Proxy Contract for Lower Gas Fees - Link
- OpenSea has introduced proxy contracts to cut gas costs for creators.
- Creators can choose either standard or proxy contracts. Proxy contracts cover fewer offerings than standard contracts but allow creators to save up to 90% on gas fees.
Yuga Labs Debuts TwelveFold on generative.xyz - Link
- Yuga Labs’ TwelveFold, a collection of its first Bitcoin ordinal inscriptions, is now available on Bitcoin NFT marketplace generative.xyz.
- TwelveFold can be bought and sold from MetaMask with 0% marketplace fees.
Microsoft Tests Crypto Wallet in Edge Browser - Link
- Microsoft is reportedly testing integration of Web3 wallets into its web browser, Edge.
- Along with the support for crypto swap, transfer, and purchase, the wallet will be embedded in the web browser, making it unnecessary to install any extension.
- This is viewed as an attempt to upgrade Edge. Microsoft has recently integrated ChatGPT into its Bing search engine.
Most Hyped
Bitcoin DeGods
- FP: 0.55-0.65 BTC
- It is a collection of the 535 burned DeGods coming back to life as ordinals.
- DeGods ordinals can be purchased using an OTC spreadsheet available in the DeDAO Discord.
- Currently, DeGods is the most traded collection among ordinals.
Claynosaurz - MagicEden
- FP: 78 SOL (vs Mint Price: 10 SOL)
- Claynosaurz topped the list of most traded NFTs in Magic Eden over a one-week period.
- Claynosaurz is a collection of 3D animated dinosaur NFTs created by animators who have worked on Hollywood films, such as Minions, Jurassic Park, The Avengers, and Avatar 2.
- While the NFTs lack utility, the general consensus is that they are both cute and of high quality.
On-chain Analysis
Week-on-Week Changes: Ethereum NFTs
- Total volume of NFTs traded: 18.3% WoW
- Total value of NFTs traded: 2.4% WoW
Top 10 Projects by 7D Trading Volume
7D Trading Volume by Segment (Based on Ethereum)
- PFP (66.1%) has cemented its lead, leaving the second and third most traded sectors—utility (11.2%) and art (5.4%)—further behind.
7D Trading Volume by Blockchain
- The dominance of Ethereum edged down 2.3%, shrinking from 78.0% to 75.7% over the past week.
Previous NFT Weekly Reports
Disclaimer
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