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 has joined metaverse platform The Sandbox.
VC firm Sequoia Capital has cut the size of its crypto fund by more than 65%, from $585m to $200m.
Electronic music platform Beatport has launched an NFT marketplace on the Polkadot blockchain.
Japanese Web3 developer HashPort Group has raised $8.5m in a Series C funding round led by Sumitomo Mitsui Banking Corporation.
The floor price of Azuki NFTs have fallen 65% since its ‘Elementals’ collection dropped last month.
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).
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%).
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%).
The Total Crypto Market Capitalisaion is $1.23t, a 1% decrease over the past week.