Download the HENI News app

NFT Update: British Museum enters The Sandbox; Seqouia Cuts Crypto Fund by 65%; plus Weekly Data

1 min read  ·  28 Jul 2023

The British Museum x The Sandbox.

The British Museum x The Sandbox.

News

  1. Yuga Labs hosted an in-person demo of its Otherside metaverse for Bored Ape Yacht Club holders in Los Angeles.
  2. The British Museum has joined metaverse platform The Sandbox.
  3. VC firm Sequoia Capital has cut the size of its crypto fund by more than 65%, from $585m to $200m.
  4. Electronic music platform Beatport has launched an NFT marketplace on the Polkadot blockchain.
  5. Japanese Web3 developer HashPort Group has raised $8.5m in a Series C funding round led by Sumitomo Mitsui Banking Corporation.
  6. The floor price of Azuki NFTs have fallen 65% since its ‘Elementals’ collection dropped last month.

Data

  1. The Top 5 NFT Sales over the past week were CryptoPunk #7641 for 186 ETH ($351k), CryptoPunk #8713 for 179 ETH ($335k), CryptoPunk #4757 for 166 ETH ($307k), Fidenza #287 for 80 ETH ($148k), and CryptoPunk #4063 for 75 ETH ($140k).
  2. The Top 5 NFT Collections by Volume over the past week were Bored Ape Yacht with $26.1m (-5%), Mutant Ape Yacht Club with $11m (+2%), Azuki with $10.5m (-20%), DeGods with $7.1m (+4%), and Gods Unchained with $4.9m (-20%).
  3. The Top 5 NFT Marketplaces by Volume over the past week were Blur with $70.9m (-10%), OpenSea with $18.7m (-36%), Immutable X Marketplace with $5.3m (-19%), X2Y2 with $2.4m (-63%), and UniSat with $1.7m (-68%).
  4. The Total Crypto Market Capitalisaion is $1.23t, a 1% decrease over the past week.