NFT market updates from 5/6/22

Xillion by ProjectX
2 min readMay 6, 2022


Top 5 NFTs ($ Sales Rev):

1.Bored Ape Yacht Club #17: 1.12MM
2.Otherdeed for Otherside #95381: 520.35K
3.Otherdeed for Otherside #194: 416.65K
4.Bored Ape Yacht Club #7301: 368.71K
5.Bored Ape Yacht Club #8126: 340.89K

Top 5 Marketplaces ($ Sales Volume):

1.OpenSea: 120.79MM
2.LooksRare: 66.55MM
3.Magic Eden: 15.6MM
4.CryptoPunks: 719.14K
5.AtomicMarket: 697.82K

The Vatican is making its way into the Metaverse and NFTs

Metaverse developer Sensorium is partnering with the Vatican non-profit organization Humanity 2.0 to create a VR NFT gallery.

The partnership hopes to develop the NFT gallery to be accessible with VR and via a desktop environment. The Vatican Museums contain almost 800 artworks from 250 international artists, such as Vincent van Gogh, Michelangelo, Pablo Picasso, and more. More than 6 million people visit them each year, and with the Sensorium Galaxy metaverse launching this year, even more people worldwide will be able to enjoy them.

Binance advances European Expansion with full regulation in France

The largest crypto exchange in the world is now listed as a registered digital asset service provider in France. Binance is now listed as a registered digital asset service provider by French stock market watchdog AMF. This enables the exchange to offer trading services for cryptocurrencies.

According to a report by Crypto Compare, Binance spot market volumes reached $490 billion in March of this year, capturing 30.2% of the total market.

When asked about the news in France on Bloomberg, Changpeng Zhao, the CEO, and Founder of Binance, expresses his admiration for the country as well as indicating that it is a stepping stone for regulation in other markets.

Twitter initiative Bluesky releases first version of its decentralized social network’s code

Bluesky CEO Jay Graber announced on May 4 that the project has launched “ADX, the Authenticated Data Experiment,” on GitHub.

Bluesky is a Twitter-funded venture that was originally proposed in 2019 by former CEO and Bitcoin advocate Jack Dorsey. In a statement at the time, Dorsey said that the purpose of forming an independent branch was to produce an open and decentralized social media standard.

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). 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.

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