Introduction: NFT Insider is jointly produced by the WHALE community and BeepCrypto. It condenses weekly NFT news and brings you the most comprehensive, freshest and most valuable information about NFT. Each weekly report will analyze the status quo of the NFT market from five perspectives: NFT market data, art news, game news, virtual world, and other dynamics. To understand NFT, just read the NFT Insider weekly report.
market data
Macro Market Indicators
According to NFTGo data, the current total market value of NFT is US$18.69 billion, an increase of 0.99% from seven days ago; the total transaction volume in the past seven days is about US$1.312 billion, a decrease of 22% from seven days ago.
"Solana Blue Chip" NFT that doubled in 2 days - Okay Bears has become a dark horse in the near future
According to data from CryptoSlam, the top three projects in the NFT secondary market in the past 24 hours are Bored Ape Yacht Club ($18.7 million), Okay Bears ($18.19 million), and Mutant Ape Yacht Club ($16.56 million). The top three projects in terms of transaction volume in the past seven days are Mutant Ape Yacht Club ($90.82 million), Moonbirds ($83.79 million), and Bored Ape Yacht Club ($80.61 million). It is reported that the Okay Bears project was launched on April 27, two days ago, on the Solana NFT market Magic Eden at a mint price of 1.5 SOL. After that, the transaction volume of the secondary market soared rapidly within a day, directly driving the transaction volume of the entire Solana ecosystem. As of now, the floor price of Okay Bears has soared to 139 SOL.
art news
The opening event of the WHALE artist collective will kick off on April 29th at 10pm
It's official, on April 29th at 10pm, JonnyMelon.eth and DeCryptolorian will be co-hosting the opening event of the WHALE artist collective. Art and photography teams from the WHALE community will also be guests.
uREVV Launches Fragmented NFT Trading Platform Unicly
According to official news, uREVV launched Unicly, a fragmented NFT trading platform. This fragmented collection is REVV's related racing collection, including F1, MotoGP, Formula E, and other NFTs in the REVV ecosystem.
Jenny DAO purchased Grail Ape #6713
It is official that Jenny DAO has purchased Grail Ape #6713, a collection co-created by Gucci and 10KTF.
Music NFT platform OurSong completes $7.5 million in financing led by Infinity Ventures and Animoca Brands
Music NFT platform OurSong announced the completion of a $7.5 million seed round of financing led by Infinity Ventures and Animoca Brands. This round of financing will be used to expand the team, establish partnerships, and carry out NFT-related knowledge training and publicity for artists. It is reported that the OurSong mobile application was launched in early February this year and currently has 150,000 users. The platform allows artists to upload creative content and cast it as NFT. Currently, the application has been deployed to Ethereum, BNB Chain and other networks, and is expected to be launched in the next few days. Compatible with Polygon.
Animoca Brands co-founder Yat Siu bought MOAR for 30 WETH #24
According to NFTGO.io data, Animoca Brands co-founder Yat Siu (ysiu.eth) recently bought MOAR #24 for 30 WETH (valued at $84,989.31), setting the second highest record in the history of this NFT series in USD transactions. It is reported that the current floor price of "MOAR" by Joan Cornella series NFT is 1.089 ETH. At present, the ysiu.eth address holds a total of 13 NFTs of this series.
Shenyu successfully won the special edition NFT of James Jean with 109.1221 ETH
According to OpenSea data, 0xFish successfully won the James Jean special edition NFT work Fragments - Salvador Mundi with 109.1221 ETH. Previously, the encrypted art platform Outland stated that it will cooperate with OpenSea to auction artist James Jean's special edition NFT work Fragments - Salvador Mundi. In addition, James Jean will also sell NFT on the Outland platform.
The first BAYC-themed restaurant Bored & Hungry has opened, accepting APE and ETH payments
The first Bored Ape Yacht Club (BAYC) NFT-themed restaurant, Bored & Hungry, officially opened in Long Beach, California, USA on April 9, local time. The Information's on-the-spot experience found that its restaurant food tastes better than the burgers at the fast food chain In-N-Out. It is reported that the Bored & Hungry restaurant will be open for 90 days in the form of a pop-up store. The restaurant accepts ApeCoin (APE), ETH, and debit/credit cards as payment methods. The restaurant was conceived by food entrepreneur Andy Nguyen. To launch the restaurant, Nguyen spent $267,000 on Bored Ape #6184 back in March, in addition to multiple MAYCs. Through the QR code, restaurants can scan customers’ MetaMask wallets to view their APE, BAYC, MAYC or BAKC NFTs. Customers who own cryptocurrencies or related NFTs can enjoy special benefits offered by restaurants, such as free meal combos and more. In addition, according to Boardroom.tv, Andy Nguyen and Bored & Hungry will launch the NFT project Food Fighters Universe in May. Food Fighters Universe connects food to the Web3 industry. The collection will consist of 10,000 NFTs, with each purchase helping to grow the NFT-backed restaurant group.
game news
YGG SEA reached a strategic cooperation with Solana Ventures and accepted its investment of 500,000 US dollars
According to official news, YGG SEA, the first sub-DAO of Yield Guild Games, announced a strategic partnership with Solana Ventures and accepted an investment of US$500,000 initiated by it. Solana Ventures will partner with YGG SEA to provide resources and training to blockchain game developers in Southeast Asia. Solana Ventures will work closely with YGG SEA's regional managers to develop a training program on building projects on the Solana blockchain and connect game development studios with engineering resources to help deploy new games in the Solana ecosystem. This will accelerate game development and product launches in Southeast Asia, which is home to 225 million gaming and esports enthusiasts. At the same time, as the range of works available to game community members diversifies, YGG SEA scholars will be able to gain access to more and more games built on Solana.
YGG Partners with Wildlife Studios, the Largest Game Company in Latin America
According to official news, Yield Guild Games (YGG) has partnered with leading mobile game developer and publisher Wildlife Studios to integrate NFT into Castle Crush game, a free-to-play strategy game with over 75 million downloads, currently on PC version is under development. Players on the Avalanche blockchain will be active in the same community as current players. This collaboration will allow YGG members to participate in the world of tower defense-style, collectible card games and experience it in a whole new way by incorporating NFTs, which will allow players to own the assets and value they generate in the game.
The digital asset factory BreederDao has launched TLA on the Copper platform at 22:00 on April 26
On April 26, BreederDao, a digital asset factory, launched its first Token Issuance Auction (TLA) on the Copper platform at 22:00 Beijing time on April 26. This TLA will adopt the BLBP (Balancer Liquidity Bootstrapping Pool) mechanism, with a starting price of $1.5 and a current price of $1.563. This TLA will end at 22:00 on April 29. According to previous reports, the digital asset factory BreederDAO announced in January 2022 the completion of a US$10 million Series A financing led by a16z and Delphi Digital.
Digital asset factory BreederDAO will issue PLAY Token airdrops to BREED TLA participants and pledgers
On April 27th, the digital asset factory BreederDAO announced that it will issue PLAY Token airdrops accounting for 10% of the total supply to BREED TLA participants and pledgers. PLAY is the native token of Playcore, a chain game analysis and content platform launched by BreederDAO last week. 5% will be airdropped to BREED TLA participants. BREED TLA has been launched on Copper at 22:00 on April 26, 2022, Beijing time, and will continue until 22:00 on April 29, 2022, Beijing time. After TLA ends, BreederDAO will take a snapshot of all users who purchased BREED from TLA. 5% will be airdropped to the top 1,000 BREED stakers according to their staking share ranking, and the snapshot time is any point between the launch of the staking dashboard and the launch of PLAY.
Animoca Brands Subsidiary GAMEE Partners with Manchester City FC to Launch P2E Games
According to the official announcement, GAMEE, the P2E casual mobile game subsidiary of Animoca Brands, has reached a cooperation with Manchester City Football Club (Manchester City Football Club), and will launch the football game "Manchester City Striker" (Manchester City Striker) on the P2E game platform Arc8. GAMEE will host matches in Manchester City Strikers where players will be able to earn cryptocurrencies as rewards. It is reported that Arc8 currently has 200,000 monthly active users and will announce partnerships with other brands in the coming weeks.
TEAM DAO Completes $5M Series A Funding Led by Animoca Brands and Krust Universe
Tokenized e-sports asset management agreement TEAM DAO (TEAM) completes USD 5 million in Series A financing, led by Krust Universe and Animoca Brands, Great South Gate, Shima Capital, Anti Fund, Algorand, GSR, NGC Ventures, Libra Ventures, Nexo Capital, EX Capital, CoinHako, Octava, etc. participated in the investment. Funds from this round will be used for infrastructure development, scaling up the team, and expanding its player base. It is reported that TEAM DAO aims to enable ordinary players and institutions to participate in GameFi through fair use of database and middleware infrastructure.
Game guild Ola GG completes USD 8 million seed round financing, Galaxy Interactive and others participated in the investment
Official news, the game guild Ola GG (Ola Guild Games) completed a seed round of financing of 8 million US dollars, Galaxy Interactive, BITKRAFT, Arca, Com2Us, Cultur3d, Huobi Ventures, Spark Capital, Blocktower, IVC, Morningstar, Sangha Capital, Mentha, Actai Ventures , Valhalla Ventures, Polygon, Crypto.com, The Venture City, YGG SEA, IndiGG, Bitscale, Fir Capital, etc. participated in the investment. The financing will be used to acquire revenue-generating NFTs, provide language-specific educational content, and drive adoption of P2E games in Spanish-speaking communities in Latin America (LATAM), the US, and Spain. It is reported that Ola GG is the regional subDAO of the decentralized game association Yield Guild Games (YGG).
Co-founder of Animoca Brands: Will acquire more studios to make NFT games in the future
Animoca Brands recently acquired three game studios: Eden Games, Darewise Entertainment, and Grease Monkey Games. Animoca Brands may acquire more studios, says Animoca Brands co-founder Yat Siu, discussing the closure of its F1 Delta Time and adding a "metaverse-first" IP focus. “What we want to do is acquire companies in different gaming areas, where we just don’t have enough exposure.” Siu pointed out that so far, many F1 Delta Time NFT holdings have chosen to keep their assets instead of using them. They are exchanged for REVV Racing NFTs. It is reported that Animoca Brands is a major investor in blockchain games and NFT startups, but also publishes its own NFT games, including the Ethereum-based Metaverse game The Sandbox.
REVV token listed on Gemini
According to official news, the REVV token is listed on Gemini. Trading pairs are USD, CAD, EUR, GBP, AUD, SGD and HKD.
Nitro League partners with Monkey Kingdom
According to official news, the decentralized P2E racing game Nitro League has reached a cooperation with Monkey Kingdom. Monkey Kingdom is one of the fastest growing NFT projects in the world, consisting of 2,222 algorithmically generated NFTs. Each is unique in its own way, inspired by the iconic protagonist of the 16th-century novel Journey to the West, the Monkey King. Known for his supernatural abilities and whimsical adventures, the Monkey King is a cultural symbol of wisdom, optimism and eternal youth, widely recognized in Asian communities around the world.
virtual world news
The Sandbox launches Mega City2 land auction on April 28
On April 25th, The Sandbox announced that it will launch the Mega City2 land auction on OpenSea at 21:00 Beijing time on April 28th. The IP authorized for this land sale includes Hong Kong Ocean Park, Standard Chartered Bank, Regal Hotel Group, Tatler Asia, EVI, Brinc, MADworld, Gameone, Chord Hero, Time Gates of Hong Kong Pop Culture and UFO School.
Standard Chartered Bank Announces Its Entry into the Metaverse, Buying The Sandbox Land
On April 26, Standard Chartered Bank announced today that its subsidiary, Standard Chartered Bank (Hong Kong) Limited (SCBHK), has partnered with The Sandbox, a metaverse project, "to create a metaverse experience." Standard Chartered has become the latest major bank to enter the metaverse. As previously reported, The Sandbox will launch the Mega City2 land auction on OpenSea at 21:00 Beijing time on April 28. The IP authorized for this land sale includes Hong Kong Ocean Park, Standard Chartered Bank, Regal Hotel Group, etc.
Singapore’s Millennium Hotels & Resorts to Build Virtual Hotel in Decentraland
Millennium Hotels and Resorts, the hospitality brand owned by Singaporean billionaire Kwek Leng Beng, said Wednesday that it is launching hotel M Social on Decentraland. It is reported that the virtual hotel will be open to players in early May. Visitors will be able to interact with avatars who guide them around the building, and have the chance to win "real-world hotel surprises." It is reported that Millennium Hotels and Resorts belongs to Millennium International Hotel Group. According to previous reports, Regal Hotels Group in Hong Kong announced that it is building the first green city MetaGreen on The Sandbox, which is planned to be launched in October.
Gotchiverse will release two major features in May
According to official sources, Gotchiverse will release two major features in May. These include: Gotchiverse Social Feature Launch May 2nd; Gotchiverse Land Live May 18th.
other news
Nike CEO: Has seen positive momentum and energy in NFT-related fields
Nike CEO John Donahoe said on the company's earnings conference call: "We have seen positive momentum and energy in NFT-related areas," but did not directly respond to a request for comment on the sales of its NFT project CryptoKicks.
Web3 Platform Our Happy Company Closes $7.5M Seed Round Led by Infinity Ventures and Animoca Brands
Our Happy Company, a Web3 infrastructure platform, completed a US$7.5 million seed round of financing, led by Infinity Ventures and Animoca Brands, with participation from Circle Ventures, Cherubic Ventures, and FBG Capital. Our Happy Company will use the new funding to continue developing new features for its first product, the NFT music platform OurSong, which launched in February. According to the OurSong official website, the platform currently supports tokens on Ethereum, BNB Chain and Thundercore. It is reported that OurSong uses Circle’s stable currency USDC as a mobile payment option, and can also accept legal currency credit cards and debit cards. In order to purchase NFTs, users must deposit fiat currency or USDC into their accounts on the OurSong app, which will then be converted to the platform’s currency, OurSong Dollars.
Mercedes-AMG Petronas F1 team and FTX will cooperate to launch NFT
The Mercedes-AMG Petronas F1 team officially tweeted that the "AMG Petronas F1" NFT is officially supported by FTX, and did not disclose the release time and the number of coins minted. FTX forwarded the NFT teaser video released by the Mercedes-AMG Petronas F1 team on Twitter.
Mobile game Benji Bananas token PRIMATE rose nearly 250% in 24 hours
CoinMarketCap data shows that the token PRIMATE of Animoca Brands’ mobile game Benji Bananas is currently trading at $0.1765, a 24-hour increase of 249.91%. According to previous reports, Benji Bananas released the PRIMATE token Litepaper and will officially launch the P2E model. The first Earning Event will be announced soon. Benji Bananas has completed the mainnet deployment and minting of its ERC-20 tokens, and the total supply of PRIMATE is 2.06 billion. Players who purchase game membership pass NFT on OpenSea, LooksRare, and Rarible platforms can earn PRIMATE by participating in the game, and exchange it for ApeCoin (APE) or other Animoca Brands ecological tokens (including REVV, TOWER, GMEE) on SushiSwap , QUIDD, PROS).
Fitness metaverse project OliveX will launch cycling game Dustland Rider
The Move-to-Earn blockchain game Dustland Runner developed by fitness metaverse project OliveX is based on the early smartphone game Zombies, Run!. It is reported that Zombies, Run! has an average of 300,000 monthly active users, of which about 50,000 are paying users. The game was created by game developer Six to Start, which was acquired by OliveX in March 2021 for $9.5 million. OliveX, which previously acquired fitness game platform Sol Cycle, is using its designs to launch its next game, Dustland Rider. The blockchain game, which could launch as early as June, will allow users to earn cryptocurrencies and NFTs by cycling for fitness. After that, the company hopes to incorporate more sports, such as boxing and rowing, and start using motion detection technology in games. In addition, OliveX stated that it is building a virtual fitness world in The Sandbox, and players can bring the NFT rewards obtained in the Dustland series to a wider Metaverse platform. Its virtual land will feature companies such as German fitness apparel retailer Gym Aesthetics, British playground manufacturer Playinnovation, boutique fitness studio operator Trib3, and more. According to previous reports, in November 2021, the fitness metaverse project OliveX announced that it will raise 8 million Australian dollars through the placement of shares, and Animoca Brands, One Football and Bombora Investment Management have committed to invest. Funds from this round of financing will be used to continue the development of its metaverse fitness game Dustland Runner.
Genie has integrated the Coinbase NFT smart contract, and users can participate in the Coinbase NFT beta version
Scott, founder and CEO of Genie, an NFT aggregation market, tweeted that Genie has completed the integration of Coinbase NFT smart contracts. Scott also said that Genie users will receive an invitation code for the Coinbase NFT Beta test version. In addition, Genie integrates NFT trading markets X2Y2 and LooksRare. According to previous reports, the Beta version of the Coinbase NFT market was launched, initially only specific users could buy or sell NFT. The Coinbase NFT Marketplace currently supports Ethereum-based NFT and ETH payment methods.
Animoca Brands' mobile game Benji Bananas released PRIMATE token Litepaper, which will launch a P2E model
Animoca Brands' mobile game Benji Bananas released PRIMATE token Litepaper, and will officially launch the P2E model. The first Earning Event will be announced soon. Benji Bananas has completed the mainnet deployment and minting of its ERC-20 tokens, and the total supply of PRIMATE is 2.06 billion. Players who purchase game membership pass NFT on OpenSea, LooksRare, and Rarible platforms can earn PRIMATE by participating in the game, and exchange it for ApeCoin (APE) or other Animoca Brands ecological tokens (including REVV, TOWER, GMEE) on SushiSwap , QUIDD, PROS).
Convenience store 7-Eleven announced the launch of "Seven NFT"
Convenience store 7-Eleven announced the launch of the industry's first "Seven NFT" equipped with cryptocurrency. "Seven NFT" is sand art content created to commemorate the integration of 7-Eleven and Ministop with the virtual currency "Klay" issued by the Klaytn Foundation, which can also be exchanged for cash through cryptocurrency exchanges. To commemorate the release of "Seven NFT", 7-Eleven will present Seven NFT to a total of 7,110 people through a lottery for users of the official application Seven App from May 28th to 27th. It is unclear whether the target of the NFT gift event includes domestic users.
Web3 Startup SNACKCLUB Completes USD 9 Million Seed Round Financing, Animoca Brands and Others Participate
Web3 start-up SNACKCLUB completed a $9 million seed round of financing, with participation from Animoca Brands, Formless Capital, OP Crypto, Jump Crypto, and Shima Capital. The financing was used to launch a decentralized autonomous organization (DAO) that aims to reimagine ownership in the games industry.
NFT project Metakey raised $3.5 million at a valuation of $50 million, led by Animoca Brands
According to official news, the NFT project Metakey completed a financing of US$3.5 million at a valuation of US$50 million, led by Animoca Brands, Digital Currency Group (DCG), Sfermion, B3V, SkyVision Capital, Double Peak, Spartan Group, Everest Ventures Group (EVG) , Kenetic Capital, Hillrise Group, MHC Digital Finance, Maxstealth Org, AngelHub, Kharis Capital (K3), Sparkle.vc, Sebastien Borget (The Sandbox), Agus Ferreira (Decentraland), Defi Dad, Cooper Turley, Gabby Dizon (YGG) , 888 and Adam De Cata (Run It Wild) participated in the investment. The new financing will be used to develop its large-scale interoperable metaverse game and social center New Ganymede and the corresponding season pass reward system, which will be integrated with The Metakey, Metakrew and other metaverse services and platforms, such as Decentraland, The Sandbox, etc. . In addition, Metakey will expand its team in order to drive the project's continued development.
Soccer star David Beckham submits Metaverse and NFT-related trademark applications
U.S. lawyer Mike Kondoudis tweeted that England football player David Beckham (David Beckham) has submitted metaverse and NFT-related trademark applications, covering NFT and digital tokens, virtual clothing/footwear/headwear and virtual performances+ entertainment.
