NFT Update: Fidenza frenzy after $1m sale; 3AC collection fetches $2.4m at Sotheby's; plus successful launch for Pudgy Toys
1 min read · 22 May 2023
Tyler Hobbs, 'Fidenza #725', courtesy of Sotheby's.
NFTs from the collection of bankrupt crypto hedge fund Three Arrows Capital (3AC) sold for a combined $2.4m at auction at Sotheby’s.
Tyler Hobbs’s Fidenza #725, part of 3AC’s collection, sold for over $1m – nearly 5 times its high estimate.
Pudgy Penguins Toy Line generated over $500k in revenue in the 48 hours after it launched on Amazon last week.
NFT marketplace SuperRare is launching a two-month exhibition at a pop-up gallery in New York that will feature works form over 20 NFT artists.
Gaming-focused crypto wallet Openfort has raised $3m in a seed funding round.
The Top 3 NFT Sales over the past 24 hours were Fidenza #590 for 65 ETH ($118k), Fidenza #970 for 65 ETH ($116k), and Fidenza #109 for 64 ETH ($116k).
The Top 3 NFT Collections by Volume over the past 24 hours were Mutant Ape Yacht Club with $8.2m (+278%), Milady Maker with $3.4m (-27%), and CryptoPunks with $2.6m (+6%).
The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $21.3m (+4%), OpenSea with $6.7m (+28%), and X2Y2 with $1.5m (+295%).
The Total Crypto Market Capitalisation is $1.17t, a 0.1% decrease over the past 24 hours.