Most NFTs on OpenSea are bought and sold using Ether, the native crypto on the Ethereum blockchain. Fund your wallet with cryptocurrency to buy your NFT.The all-time average price of SpacePunksClub is 0.404 ETH ($652), so expect to pay around that cost to secure an NFT in the SpacePunksClub collection: Each SpacePunk is a combination of 156 hand-drawn characteristics, resulting in a collection of 10,000 algorithmically-generated NFTs. The roadmap includes the SpaceDinos release, as well as a planned game, merchandise, and a metaverse tie-in. SpacePunksClub boasts a vibrant community, with 4.4k different owners. Powered by that identity, the SpacePunks have added SpaceDinos, companion NFTs to assist the SpacePunks on their wanderings. Their art marks the Space Punks out as distinct from competitors, giving them a unique visual identity. SpacePunksClub derives largely from the art and style of SeaGull7x. It was shown to be false.NFTs in collection 9,994 History of SpacePunksClub Collection “This is an optimistic indication for blockchain games since many have hypothesized that if game dapps cease to be financially advantageous for the ordinary user, they would lose the majority of their player base. The vertical’s unique address wallet increased by 8% to 912K compared to August, signaling an upward trend. Financial Advantages of GameFiīlockchain-based games have remained mostly unfazed and have continued to be profitable. The four projects account for over 46.21% of the whole NFT market cap. The bear market saw severe stagnation in the space, but the blue chips such as – Yuga Labs: OtherSide, Bored Ape Yacht Club, Mutant Ape Yacht Club, and CryptoPunks have maintained their dominance. It managed to eclipse NFT giant OpenSea volume charts even after one month of the launch and raked in 435,000 SOL or nearly $15 million in secondary sales.Īlongside y00ts, Renga happens to be yet another collection that has taken over the NFT market.
Solana’s NFT trading volume has witnessed an uptrend of 96% from the previous month but was still 63% down from Q2.ĭriving the latter’s growth was the launch of the y00ts collection, which gave Ethereum NFTs a run for their money. The report also revealed that NFT trading volume on Ethereum has nosedived by 76% from Q2, but the number of NFT trades increased by 11%. The overall drop in trading volume, on the other hand, may have been contributed by the decline in the values of the cryptocurrency market. Furthermore, the sales count increased by 21%, which was indicative of the fact that the NFT business continues to be in great demand. The NFT trading volume soared by 10.4% in September alone compared to the previous month. This was revealed by the latest edition of the DappRadar Industry Report. But there has been an 8.3% increase in the sales count from Q2. In Q3, the NFT trading volume climbed to $2.71 billion and was down by 67% from the previous quarter.
However, new data suggest that the NFT business continues to be in great demand.
The same could be said for the NFT market. Despite starting on a promising note, the global macroeconomic environment influenced and adversely impacted the crypto market, which sustained several damaging corrections.
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