Introduction: NFT Insider is jointly produced by NFT collection organizations WHALE Members 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
Arts News
The NFT artwork "Cybernetics" was sold at a buyout price of $16,937 4 minutes after the auction on the playNomm platform
NFT artist Equinoz's new work "Cybernetics" was auctioned on the playNomm NFT platform today, and was bought by an anonymous collector at a buyout price of 40,120 LM (approximately US$16,937) 4 minutes after the auction started. The highest buyout price record in history. "Cybernetics" went public on January 31st and began a seven-day auction, which was originally scheduled to run until February 8th.
It is reported that this auction is a warm-up event for the NFT Korea Festival, organized by the playNomm platform, with a total of three NFT auctions. The first sale was Shavonne Wong's "Light in the Shadow," which sold for 65,800LM (approximately $26,776). The third auction event will be held on February 16, and will be held around Davey Perkins' artwork NFT. NFT Korea Festival will be held at Seoul DDP on March 7-8, 2023. The event, in collaboration with Superchief Gallery NFT, will feature more than 120 NFT artworks from 120 global and Korean NFT artists.
game news
AavegotchiDAO added two core proposals AGIP 57 and 58
On Aavegotchi's official Snapshot, there are two new core proposals being voted on, including the following: establishing a "core framework" forging proposal to guide the release of wearable devices and launching the 2nd round of land sweepstakes. Read on to find out what each proposal is all about, join the discussion on the official AavegotchiDAO forum, and cast your vote on Snapshot!
YGG Japan, a subsidiary of the chain game association YGG, completed a private placement financing of approximately US$3.09 million
On January 30th, according to PR Times, YGG Japan, a subsidiary of the chain game association YGG, completed 400 million yen (about 3.09 million U.S. dollars) in private equity financing. Square Enix, SEGA, GREE, MARBLEX, enish, Adways Ventures, Coincheck, Gate 18 companies including .io Labs, Vector, Infinity Ventures Crypto (IVC), CAICA DIGITAL, Days Inc., Emoote, Arriva Studio, Calorful Marketing, Kingdomverse, ForN Gaming Guild, and Eureka Entertainment participated in the investment. The new funds will be used for recruitment, product development and game promotion. Through this round of financing, the cumulative financing amount of YGG Japan has reached approximately 750 million yen (approximately US$5.8 million).
ImmutableX plans to launch Immutable Passport, an all-in-one passport system for Web3 gamers in April
On February 1, according to CoinDesk, ImmutableX, an NFT layer-2 extension solution, plans to launch an all-in-one pass system, Immutable Passport, in April this year, aiming to provide non-custodial wallets, player profiles, and identity verification solutions for Web3 gamers. And help Web3 game studios attract new players.
virtual world news
The Sandbox Partners with Warner Music Group to Host the World's Largest Demo Drop
The Sandbox, in partnership with Warner Music Group, will host the World's Largest Demo Drop (WBDD), the premier DJ talent competition organized by Spinnin' Records that has introduced many new artists for almost 20 years. The party starts on January 26, 2023 and runs until February 8, 2023!
Highstreet CEO: Confirmed to cooperate with Jay Chou
According to news on January 31, the CEO of Metaverse project Highstreet stated in Twitter Space that it has been confirmed that Highstreet will cooperate with Jay Chou. At the beginning of 2022, Highstreet cooperated with Ezek to distribute Jay Chou trendy brand PHANTACi NFT rewards.
Metaverse project Createra announces its Genesis Land economic model and gameplay
On February 3rd, Createra, the creator metaverse project led by a16z, tweeted the total supply and gameplay of Genesis Land. There are a total of 2,500 Genesis Lands, of which 600 are reserved for the team and investors. If the land is occupied in the first year If the rate exceeds 80%, the total supply of Genesis Lands will be increased, and if it is not reached, it will remain at 2,500. Genesis Land is divided into different levels of SSS/SS/S/A/B/C, and future rewards will be awarded according to the level.
other news
OpenSea launched a "3-hour position protection period" mechanism to reduce the risk of NFT theft
On February 3rd, the NFT market OpenSea introduced the "3-hour position protection period" mechanism on Twitter, that is, in order to reduce the risk associated with theft, sellers will be prohibited from accepting certain commodity offers within 3 hours after some transactions and sales . Using the encrypted delegation platform DelegateCash, transfers between hot and cold wallets will not be affected.
Premier League signs NFT deal with SoftBank-backed Sorare
According to Venturebeat, the Premier League (Premier League) has signed a four-year NFT licensing contract with Sorare, a fantasy football game backed by Softbank. Users will be able to collect and trade digital cards representing players from all 20 teams Used in Sorare games. According to people familiar with the matter, Sorare will pay tens of millions of pounds to the Premier League every year for copyright, and the final payment every year depends on specific performance. Under the agreement, the Premier League is also entitled to a stake in Sorare.
NFT project Cool Cats announces new NFT functions and Web3 experience, plans to build a global entertainment brand
According to Metaverse Post, NFT project Cool Cats has shifted its focus to building a global entertainment brand after unveiling its new brand identity. In the next chapter, Cool Cats will leverage its IP to build a global entertainment brand to expand its reach beyond Web3 and reach mainstream audiences. Cool Cats, which aims to add 1 million holders over the next five years, aims to appeal to mainstream consumers with a mix of Web3 and Web2 offerings. These include community-focused storytelling NFTs, physical and virtual merchandise, customizable collectibles, games, and real-life experiences.
NFT loyalty solution Cohort completes €3.2 million seed round
Paris, France-based NFT loyalty solutions provider Cohort announced the completion of a €3.2 million seed round, co-led by IRIS and Axeleo Capital, Kima Ventures, 3founders, Thibaud Elzière, Quentin Nickmans, Amaury Sepulchre, and Guillaume Princen (Stripe) , Brian O'Hagan (Sorare) and other angel investors participated in the investment. The funding round will allow the company co-founded by Séraphie de Tracy and Nathan Barraillé to accelerate its sales expansion in France and abroad, as well as grow its product and technical teams.
The NFT platform Blur launched the "Collector Mode" function to enhance the viewing experience
News on January 31, according to the official Twitter, the NFT platform Blur launched the "Collector Mode (Collector Mode)", in this mode the view is clearer and the image is larger. The feature focuses on the NFT access experience, rather than graphs and analytics related to NFT transactions. In collector mode, users can get a simpler and clearer access experience.
NFT data analysis platform BitsCrunch receives strategic investment from Tykhe Block Ventures
Tykhe Block Ventures announced a strategic investment in BitsCrunch, a multi-chain NFT data analysis platform. Tykhe Block Ventures stated that this investment aims to develop a secure, transparent and sustainable Web3 ecosystem.