NFT market updates from Xillion.one: 4/29/22
Top 5 NFTs ($ Sales Rev):
1.Bored Ape Yacht Club #3824: 540.68K
2.Bored Ape Yacht Club #3930: 492.2K
3.Bored Ape Yacht Club #9279: 490.45K
4.Bored Ape Yacht Club #5334: 479.02K
5.Bored Ape Yacht Club #6686: 456.9K
Top 5 Marketplaces ($ Sales Volume):
NFT rookie cards are coming to the NFL
Panini America, which traditionally makes standard hard-copy playing cards, will be providing 16 NFL prospects with their own 1-of-1 NFT after the Thursday night’s 2022 NFL Draft.
This year’s deals include top prospects such as Michigan’s Aidan Hutchinson, Ohio State’s Garrett Wilson, and Chris Olave along with Ole Miss quarterback Matt Corral. Each player is presented on the card in their college uniform and will have their new NFL team’s logo stamped above their name.
Given the scarcity of the card, the value in this transaction could come 10 or 15 years down the line. The idea is akin to Tom Brady or Patrick Mahomes flipping their rookie cards after a Super Bowl win or upon retirement. A Mahomes card is currently listed on eBay for $120,000 while a Brady card sold for $2.3 million earlier this year.
NFT programming start-up Revise raises $3.5 mn in funding led by Alpha Wave
Other significant investors in the round include Sandeep Nailwal of Polygon, Scott Lewis of DEFI Pulse, Utsav Somani of AngelList, Bharat Founders Fund, and Rahul Chaudhary of Treebo. The funds will be used for hiring and expansion.
Revise offers developers the rails to program NFTs to interact with apps and data. This takes NFTs from static images to interactive objects which can react to applications and real-world events. Enabling people to build their own interactive metaverse.
With the Revise SDK in their toolkit, developers can set up a trigger based on their data feed of choice, whether from an application event or a public data feed streaming from web3 platforms like Chainlink or web2 outlets like Yahoo.
Ethereum’s revenue falls by 44% as average gas fee drops 88% on quarter: Q1 report
The network’s average gas fee fell by more than 88% to US$2.98 in Q1 2022 from US$26.89 in Q4 2021.
The average daily addresses interacting with Ethereum increased by 4% in the first quarter on year, while the amount of staked Ethereum rose to 10.9 million ETH, a gain of 111% from 5.2 million ETH on year.
NFT marketplace volume on Ethereum rose to US$116.4 billion during the first quarter, growing over 19,000% from US$606.3 million in the three-month period a year earlier.
Xillion.one 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). ProjectX 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.