NFT market updates from 2/02/22

Top 5 NFTs ($ Sales Rev):

1.Fantasy Islands - Sandbox: 32.33M
2.Meebit #2526: 18.22M
3.Meebit #2526: 17.78M
4.Meebit #2526: 17.42M
5.Meebit #2526: 17.08M

Top 5 Marketplaces ($ Sales Volume):

1.LooksRare: 744.03M
2.OpenSea: 196.75M
3.Magic Eden: 11.16M
4.Axie Infinity: 2.25M
5.CryptoPunks: 2.04M

Tom Brady Retires to Focus on Family, NFT Startup

The legendary quarterback retires after a 22-year career in the NFL, with seven Super Bowl rings and a startup, Autograph, that just raised $170 million.

The quarterback announced Autograph, his non-fungible token (NFT) platform, in April, saying the company would help athletes and other famous individuals create and market their own digital collectibles. The company partnered with DraftKings and Lionsgate to create NFTs based on film franchises as well as sports stars.

Coachella will sell lifetime festival passes as NFTs

Owners of the 10 lifetime NFTs will get tickets every year.

Coachella is selling lifetime festival passes for the first time — but you have to buy an NFT to get one. The music festival today launched an NFT marketplace built by FTX US, with three collections of NFTs going on sale on February 4th.

In addition to the 10 lifetime-pass NFTs, Coachella will sell 1,000 NFTs priced at $180 that buyers can use to redeem a physical Coachella photo book. The company will also sell 10,000 NFTs of “fan-favorite festival photos and never before heard soundscapes,” priced at $60 apiece. Minted on Solana, Coachella will donate a portion of NFT sales to GiveDirectly, Lideres Campesinas, and Find Food Bank.

GameStop hires 20+ employees to lead a new NFT and crypto division

GameStop intends to open its virtual doors as an NFT marketplace later this year. According to the Wall Street Journal, the gaming industry is expected to be among the first to infuse blockchain technology in order to incorporate cryptocurrency and NFTs.

This move then should come as no surprise when, according to the Wall Street Journal, the marketplace, OpenSea, has raised $300 million in venture capital and is now valued at $13.3 billion.

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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