NFTs are on 🔥this week. i'm super excited to be spearheading @Delphi_Digital 's new weekly insights on all things NFTs / metaverse (alpha leak: for Delphi members it drops in your inbox every wed)
let me share a few key takeaways from our #1 issue! 👇
1/ Is the NFT bull market really back?
We broke $1B in weekly volumes, a level last broken in Aug'21 when NFTs went on a parabolic run. Unique buyers is at a ATH. I've focused on #ETH where most of the activity is, but plan to include analysis on other chains in the future
2/ Some factors contributing to this recent NFT rally are:
- Increased attention and buying activity from celebrities and influential names
- Recent $SOS airdrop (wealth effect)
- Traders looking for better opportunities while $BTC / $ETH moves sideways
3/ It has been an awesome week for NFTs, with many collections deep in the green.
Most strikingly, @BoredApeYC has “flippened” CryptoPunks and looks to retain the lead for a while, with the floor prices of BAYC & MAYC rising sharply while #CryptoPunks prices remain stagnant.
4/ I absolutely love finding new, interesting projects. So each week I cover a number of upcoming NFT mints that pique my interest
*Pls note that this is for information only - it is not investment advice nor an endorsement of any project. Minting of new projects is high-risk!
5/ Also sharing insights on relevant topics.
This week we covered the NFT marketplace battles which are heating up quickly. @opensea will face lots of competition as it fights to maintain its place at the top.
The stakes are high: the pie is huge and growing.
6/ @Coinbase_NFT is set to launch early this year (Q1 🤞).
@The_OpenDAO airdropped its $SOS token on X'mas eve, with a vision to unite the NFT community to build a better decentralised OS competitor. It's been received well thus far
7/ So wrapping up: I'm clearly biased 😆 but we're going to be releasing lots of good stuff throughout the year for our members. Seeing so many things in the pipeline already.