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$19.24 billion, a decrease of 0.26% from seven days ago; the total transaction volume in the past seven days is about US$442 million, a decrease of 55.3% from seven days ago.
The 24-hour transaction volume of Milady series NFT increased by more than 657.08%
According to data from CryptoSlam, the top three projects in the NFT secondary market in the past 24 hours are Otherdeed ($6.87 million), Bored Ape Yacht Club ($4.05 million), and Mutant Ape Yacht Club ($2.14 million). The top three projects in the past seven days are Otherdeed ($24.14 million), Bored Ape Yacht Club ($21.12 million), and projectPXN ($20.49 million). Among them, the most eye-catching one is Milady, whose trading volume increased by 657.08% within 24 hours.
art news
Unicly V2 is officially released and airdropped to some NFT holders
According to official news, the Unicly V2 version was officially released and airdropped to some NFT holders. As part of the Unicly V2 release, 10.88% (40,000 UNIC) of UNIC circulating supply will be airdropped to whitelisted users. The wallets of users with airinvestment qualifications can get an airdrop of 200 UNIC per wallet (about 1 ETH at the time of writing, which is about 2000 US dollars). After 40,000 UNIC has been claimed, the airdrop will end.
Drifter Shoots to join the JennyDAO vault collection in December 2021
According to Twitter, Drifter Shoots will join the JennyDAO vault collection in December 2021. The work in the picture below was purchased with 21 Ethereum.
Sony Music established the Greater China branch of RCA Records, which will explore fields such as NFT and Metaverse
Sony Music Entertainment has formed a Greater China joint venture for its U.S. record label RCA Records to explore opportunities in streaming, NFTs and the metaverse. RCA Records Greater China will be hiring key staff in the areas of artist management and Web 3.0. It is reported that the signed artists include singers Wang Jiaer (Jackson Wang) and Huang Liling (A-Lin).
The bilibili overseas version APP now supports the connection to the MetaMask wallet, and the official cooperative NFT project can be used as the avatar
According to the bilibili overseas version APP client page, the bilibili overseas version APP has launched an NFT entrance, which supports connecting to the MetaMask wallet to view the official cooperative NFT project Cheers UP. This series of NFT can be used as an avatar, and has an external avatar authentication logo. It is reported that Bilibili announced in late April that it authorized the release of the Cheers UP series of NFTs for overseas users. This series contains 10,000 PFP-type NFTs released on Ethereum. Recently, the project voted to pass a proposal to destroy half of the total NFT, and keep 241 in the treasury for project and community construction.
game news
Benji Bananas will distribute 18 million PRIMATE to membership pass NFT holders
Benji Bananas, a mobile game under Animoca Brands, announced that the P2E reward pool in the first quarter is 18 million PRIMATE, and the membership pass NFT holders will share the 18 million token rewards equally. The snapshot will be taken at 23:59 EST on May 26, 2022. Users need to link their Apple ID or Google Play account to the wallet connected on the Benji Bananas website and perform KYC verification.
Snoop Dogg Partners with Steve Aoki to Release NFT EP
According to official news, rapper Snoop Dogg and electronic music pioneer Steve Aoki have released their first NFT EP "Alpha Doggz Da Da EP". The first song will be airdropped to Snoop Stash Box token holders on May 23, and the other songs will be airdropped to A0K1VERSE Passport holders.
Animoca Brands’ blockchain game Phantom Galaxies raises $19.3 million
Animoca Brands and its subsidiary Blowfish Studios announced that its AAA-level mech fighting chain game Phantom Galaxies completed a $19.3 million planet NFT private placement financing, and sold a total of 7,734 planet (Planet) and asteroid (Asteroid) NFT. Strategic backers include Sequoia China, Liberty City Ventures, GameFi Ventures, Everest Ventures Group, Terrace Tower Group, MDDN.co, C Ventures, SMO Capital, Polygon Ventures, Dapper Labs, NFT Live + Cagyjan, Kingsway, 3Commas Capital, Double Peak, Mind Fund, Defi Cap, Avocado DAO, YGG and YGG SEA, etc.
New round of Aavegotchi sweepstakes returns with Gotchiverse REALM decorations
It's official, Aavegotchi's first Gotchiverse decoration is released. The unique design decorations released for the first time can only be obtained through lottery, while future decorations may be obtained through crafting or other methods. These ornaments will have six different rarity levels from Common to Godlike, and will never have a chance to be minted again.
REVV Releases New Blitz Tour
According to official news, REVV releases a new Blitz Tournament, which will update a game every two hours.
BreederDAO has entered into a partnership with United Gamers DAO.
According to official news, BreederDAO has established a partnership with United Gamers DAO. United Gamers DAO is an esports-focused ecosystem building an esports league for every guild, game, and gamer in the Web3 community.
YGG establishes partnership with Cassava Network
According to official news, YGG has formed the latest partnership with Cassava Network, an emerging web3 login infrastructure from Africa. Cassava Network is an African blockchain infrastructure that can be implemented in any existing Web2 application, allowing users to earn Web3 rewards. Rather than migrating users from existing applications to blockchain-based solutions, Cassava Network introduces blockchain to users' existing applications. Its developers are also working to improve the lives of people in Africa and around the world through the widespread adoption of blockchain.
YGGSEA is the guest of honor on the maiden voyage of NASA's Artemis 1 Orion spacecraft in orbit around the Moon
According to official news, YGGSEA was the guest of honor on the maiden voyage of NASA's Artemis 1 Orion spacecraft in orbit around the Moon.
Nitro League Releases Latest Roadmap
According to official news, Nitro League released the latest roadmap. These include the garage function that has been opened; Nitro Prime (expected to be launched in the third quarter of 2023); land sales (expected to be launched in the third quarter of 2023); simulation racing V1.1 (expected to be launched in the third quarter of 2022).
virtual world news
The Sandbox Acquires Game Developer Cualit to Accelerate Its Web3 and Metaverse Development
According to official news, The Sandbox announced the acquisition of Uruguayan game development company Cualit to accelerate its Web3 development and Metaverse development. At the same time, Cualit will be renamed The Sandbox Uruguay, thereby expanding The Sandbox global team. The Sandbox said that Cualit has rich experience in games and hopes to use their expertise in web design and user flow to help it attract more users.
Immersive experience provider Gusto Collective raises $10 million, led by Animoca Brands and Gaw Capital
Gusto Collective, an immersive experience technology service provider headquartered in Hong Kong, China, announced the completion of a US$10 million Seed Plus (seed +) round of financing, led by Animoca Brands and Gaw Capital, and participated by Black Pine, YCI Limited, and ClearVue Partners. After the completion of this round of financing, the company has received a total of US$23 million in external funding since its launch in 2020. The new financing will be used to support Gusto Collective's expansion into the rest of Asia, as well as Web3, Metaverse and recurring revenue product development efforts. Gusto Collective, led by CEO Aaron Lau, is a BrandTech holding company. The company aims to drive brand value and growth through immersive customer experiences operating in the AR, Metaverse and NFT space.
The Sandbox Partners with Content Producer Studio Dragon to Build a K-Drama Metaverse
The Sandbox has reached a cooperation with content producer Studio Dragon, and plans to build a K-Drama metaverse based on Studio Dragon's intellectual property. In addition, Studio Dragon will use the world's popular drama IP to produce avatar accessories and game items NFT. At the same time, Studio Dragon will be in Studio Dragon Collaborate with global IP in LAND.
The Sandbox released the roadmap for LAND holders in 2022, and will airdrop 5 million SAND to all LAND holders in May
The Sandbox released the roadmap for LAND holders in 2022, and will airdrop 5 million SAND to all LAND holders in May. The LAND and ASSET of The Sandbox will be migrated to Polygon Layer 2 in June 2022. In order to encourage migration and reduce gas costs, each piece of LAND migrated can apply for 10 SAND cashback on Polygon, with a total of more than 1 million SAND rewards. After the deployment is complete, the pledge multipliers of SAND and SAND-MATIC will reappear on Polygon Layer 2, and will take the same leaderboard as SAND-ETH. In July 2022, an exclusive reward of 10 million SAND will be provided to land holders participating in the pledge. In addition, mining of GEM and CATALYST will open in June 2022, allowing LAND holders to start a creator economy.
other news
GM Korean Subsidiary Unveils Chevrolet Tahoe SUV NFT
GM Korea Co., a subsidiary of General Motors in Korea, announced that it will release an NFT of the Chevrolet Tahoe SUV, which will be produced by Korean illustrator Choi Hwan-wook and motion design artist Lee Cheon-seong. The NFT series has a total of 10 models. The two models of "VISION" and "CASTLE" each release 5 limited NFTs, and the remaining 8 models each issue 50 limited NFTs.
Music NFT startup Serenade raises $4.2 million, "Wolverine" Hugh Jackman participates
Music NFT startup Serenade announced the completion of a new round of financing of 6 million Australian dollars (about 4.2 million U.S. dollars), with investors including executives from various companies in the music industry and Wolverine actor Hugh Jackman (Hugh Jackman). Serenade stated that they plan to use the new financing for global expansion, including setting up an office in the United States and relaunching the Serenade 2.0 NFT marketplace.
a16z launches $600 million fund dedicated to gaming startups
a16z launched Games Fund One, a $600 million fund dedicated to gaming startups, to increase its bet on Web3 technology. a16z said that game infrastructure and technology are the key to building the metaverse, so the fund will invest in a series of game services and applications, as well as companies that build technology for the metaverse. David Baszucki, founder of Roblox, Jason Citron, founder of Discord, Marc Merrill, co-founder of Riot Games, Mike Morhaime, co-founder of Blizzard; Aleks Larsen and Jeffrey Zirlin, co-founders of Sky Mavis, Kevin Lin, co-founder of Twitch, etc. Fund provides support.
Short game video platform FreshCut completes $15 million in financing led by Animoca Brands and others
FreshCut, a short game video platform, completed a financing of US$15 million. Galaxy Interactive, Animoca Brands, and Republic Crypto led the investment, and Hashed, SkyVision Capital, Tamarack Global, C2X, Polygon, and Kevin Lin (co-founder of Twitch) participated in the investment. Funding will be used for product development, onboarding creators, developing membership programs, and scaling.
Colombian President Meets CEO of Crypto Exchange Bitso to Discuss Bitcoin and NFTs
Colombian President Ivan Duque recently met with crypto exchange Bitso CEO Dan Daniel Vogel to discuss Bitcoin and NFTs.
Blockchain analytics platform Nansen acquires Ape Board for $10 million
Blockchain analysis platform Nansen has acquired the DeFi portfolio dashboard Ape Board, which will be integrated with other functions of Nansen. The specific acquisition price was not disclosed, but a Nansen representative said the acquisition amount was in the eight figures. Nansen will add 13 Ape Board employees to its 120-person team over the next few months. Ape Board co-founder and CEO Mike Phulsuksombati will transition to lead the portfolio function.
Bundesliga International to launch NFT in partnership with OneFootball
The German Bundesliga has signed a global NFT rights agreement for the distribution of football NFTs. It is reported that Bundesliga International (Bundesliga International), a subsidiary of the Bundesliga, has signed a contract with the streaming media and media platform OneFootball. Starting from the 2023-24 season of the Bundesliga, OneFootball has been designated as the official partner of the Bundesliga for two seasons. OneFootball will help the Bundesliga launch. Related NFTs.
CyberConnect received US$15 million in Series A financing, co-led by Animoca Brands and Sky9 Capital, and participated by IOSG Ventures and others
CyberConnect, the Web3 decentralized social graph protocol, announced the completion of a $15 million Series A round of financing. The round was co-led by Animoca Brands and Sky9 Capital. Participating investors include IOSG Ventures, Delphi Digital, Protocol Labs, Tribe Capital, GGV Capital, Spartan Group, Amber Group, Polygon Studios and SevenX Ventures. It is reported that CyberConnect's composable social graph can help developers more easily obtain a wide range of applications, develop dApps with customized social functions, and return the ownership of social data to users.