Key Takeaways

• The sales of major non-fungible token (NFT) marketplaces increased by +40% last week.

• OpenSea recorded a +44% increase in sales last week. It had even passed +100% increase in daily sales on 14 November based on the data on Dune analytics. 

  • The introduction of Bored Ape Yacht Club (BAYC) metaverse bands by Universal and Timbaland have brought new ways for BAYC owners to commercialize their popular collectibles. In fact, the total sales involved in BAYC was over $97 million with more than 400 transaction counts last week as shown in the top collection table below. 

  • Last week hype of BAYC also brought more trading activities in other ape collectibles. The Mutant Ape Yacht Club and the Lil Baby Ape Club had sales of over $62 million and $14 million respectively last week based on the data on OpenSea.

• Nifty Gateway recorded a -9% decrease in total sales last week, but sales from new drops by artists such as goldweard, Okuda San Miguel, and Tycho have contributed to its increase in average price.

• Hic et Nunc, a TEZOS based NFT marketplace favored by individual artists and newcomers for its low transaction costs, has abruptly discontinued its services without explanation. Questions remain about the safety of NFTs under Hic et Nunc’s custody; though one of its founders tweeted that the data stored on the platform is safe.   

• Collectibles Bored Ape Yacht Club including its Rolling Stone crossover version and Cryptopunk led the top sales table of DappRadar last week. A CyberKongz collectible ‘Tester 962’ sold at a price of $401K was also on the table.

Crypto.com NFT in the spotlight

• 55 lucky winners who participate in the Crypto.com NFT promotion will be invited to the NFT conference hosted by CoinGecko.

• Are you hungry for toasty submarines? 33 owners of the ‘Out of this world’ series created by Quiznos and Sameer Baloch could get chances to win Quiznos gift cards.

Highlights

• Timbaland launches production company for Bored Ape NFT owners

• Universal forms metaverse band based on Bored Ape Yacht Club NFTs

• Tezos NFT marketplace Hic et Nunc is offline

• Beeple’s Discord compromised, timed to coincide with Christie’s auction

• OpenSea crosses $10 billion in all-time sales volumes

• Presearch integrates OpenSea NFT search feature

• Why Solana-based NFTs are K-pop’s SMCU metaverse level-up

• Animoca Brands unveils plans for K-pop NFT metaverse

• Sotheby’s will take ETH bids in real time for Banksy auction

• Axie Infinity guild CGU helps players enter the fantasy play-to-earn NFT game with ‘scholarships’

• Del Piero, Vieri, and Batistuta to launch NFT collections on Binance marketplace

• Beeple’s ‘HUMAN ONE’ NFT sells for $29 million at Christie’s

• The biggest celebrity NFT owners in the Bored Ape Yacht Club

• Internet computer (ICP) NFTs growing in popularity as master bot NFT sells for $172,000

• First firearms NFT developed via digital Arms & Barrett licensing partnership

* OpenSea, NBATopShot, and Rarible data were collected from DappRadar

* MakerPlace data were obtained from NonFungible.com

* Solana data from Solanart.io

* Nifty Gateway data from data mining in Cryptoartpulse.com

* Rarible data represent data of the Rarible collections instead of the Rarible marketplace

* Collectibles data came from CryptoSlam.io.

* Parallel Alpha is a Sci-fi card game with NFTs as collectible cards.

* MakerPlace and Rarible drop data collected from NonFungible.com

Top Artists

The following table shows top artists (by primary sales volume on each platform) and their art samples.

Thank you for reading! We hope you find our Weekly NFT Update enlightening!

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