gm - August 6th, 2022

gm 👋

BTC is flat on the day, trading at $23,200 on lighter $24B of volumes. ETH is up +3.5% to $1720 on $17B of volumes. NFT/Metaverse names are all down 1–2% across, $APE off -1.7% to $7.4, $SAND, $MANA and $AXS off -1%.

NFT volumes start the weekend fairly strong, $21.2M in total, with $17.5M traded in EVM-based NFTs. Solana-based NFTs turnover is back down to $1.5M. Most of the volumes came from NFTiff, which had a blockbuster day of $8.3M, followed by Moonbirds of $2.3M which recently announced they’ve changed the IP rights to CC0. Sorare is $1M in turnover. BAYC didn’t even make it in the top 10 today, only Otherdeeds is up there with $0.6M in volumes.

Summary of Blue-Chip NFTs on the day

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NFT headlines today:

Starbucks to unveil its web3-based rewards program next month

FC Barcelona To Accelerate Web3 Strategy As Invests $100m In Barca Studios

Instagram is expanding NFT features to more than 100 countries

Exclusive: Major League Soccer Signs Bored Ape NFT as an Athlete

GameStop’s NFT marketplace sold stolen indie games

NFT Tech Partners with Sony’s Hawk-Eye Innovations to Strengthen Foothold in Sports NFTs


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