NFT Update: Generative art platform gets $5m; ETH withdrawals surpass 1m; plus Market Data

NFT Update: Generative art platform gets $5m; ETH withdrawals surpass 1m; plus Market Data

1 min read  ·  17 Apr 2023

Susannah Maybank, co-founder and CEO of Tonic, courtesy of Tonic.

News

  1. Generative art platform Tonic.xyz, which was co-founded by former Gagosian Head of Digital, Susannah Maybank, has raised $5m in a seed funding round.
  2. U.S. Office Government of Ethics filings have shown that Donald Trump made between $100k - $1m from sales of his NFT collection, which launched in December.
  3. Over 1 million ETH, worth over $2b, has been withdrawn since the blockchain’s Shanghai upgrade was executed last Wednesday.
  4. Game platform Roblox has introduced a new category of scarce digital items called “Limiteds”, which can only be re-sold on its platform and provide creators with 10% royalties.

Data

  1. The Top 3 NFT Sales by Volume over the past 24 hours were CryptoPunk #7026 for 99 ETH ($205k), Bored Ape Yacht Club #2333 for 74 ETH ($155k), and Bored Ape Yacht Club #3266 for 70 ETH ($147k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were Bored Ape Yacht Club with $5m (-55%), CryptoPunks with $4.9m (+142%), and Mutant Ape Yacht Club with $4m (-23%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $27.7m (-17%), OpenSea with $9.2m (-8%), and X2Y2 with $1.3m (+22%).
  4. The Total Crypto Market Capitalisation is $1.3t, a 1.6% decrease over the past 24 hours.

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