NFT market updates from 1/17/22

Top 5 NFTs ($ Sales Rev):

1. Meebit #6041: 48.85M
2. Meebit #13292: 48.3M
3. Meebit #7451: 48.09M
4. Meebit #4092: 47.13M
5. Not A Punk #16728: 6.02M

Top 5 Marketplaces ($ Sales Volume):

1. LooksRare : 517.62M
2. Opensea: 149.52M
3. Magic Eden: 10.25M
4. Axie Infinity: 5.37M
5. AtomicMarket: 1.39M

Walmart is quietly preparing to enter the metaverse

Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of NFTs.

The big-box retailer filed several new trademarks late last month that indicate its intent to make and sell virtual goods.

In a separate filing, the company said it would offer users a virtual currency, as well as non-fungible tokens, or NFTs.

Tory Lanez is Releasing His NFT Collection with Decentar Labs

Canadian rapper, singer, and record producer Tory Lanez has unveiled his first-ever NFT collection with Decentar Labs, an NFT platform using non-fungible tokens and cryptocurrency to create value for the various spaces where blockchain technology needs to reach. His first collection, known as 3NITY, was launched on 14 January.

The 3NITY collection is deflationary and periodic burning will make the collection scarce. This raises the overall value of the 3NITY NFT collection. The collection is fair-launched with no waitlisting.

Decentar is creating collections inspired by celebrity culture and will be turned into NFTs, animated series and 3D printed collectibles.

$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge

Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across 258,536 NFT buyers this week, the NFT collection Meebits captured $1.23 billion in NFT sales.

Out of this week’s top ten blockchain networks, Theta saw an increase in seven-day sales by 490.39%. Sales on the Wax blockchain increased by 17.10% and Flow blockchain sales jumped by 1.04% this past week.

The week’s second most sold collection is the NFT project Loot as it has seen $281 million in weekly sales according to metrics. Loot is followed by Cryptophunks V2 as that NFT project saw $142 million in sales.

About us by ProjectX is a launchpad for NFT issuers, Celebrities, KOLs, and other key figures who would like to set up pools of NFTs and raise funds for it via a public sale (IDO style). Project X works to provide the most secure and simplified way to gain exposure to the NFT market with the use of pools and Indexes. The aim is to create different themed pools of NFTs which include Music, Digital Art, Sports Cards, and KOL issued NFTs to name a few. They have also signed partnerships with Polygon, Terra Virtua, LOCG, Glimpse and more than 10 other blockchain companies.

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-- - NFT + DeFi powered app which provides NFT holder with real liquidity, and allows investors to gain exposure to NFTs without direct purchases

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projectX - NFT + DeFi powered app which provides NFT holder with real liquidity, and allows investors to gain exposure to NFTs without direct purchases

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