NFT Update: Yuga Labs acquired Roar Studios; NFT Now announces layoffs; and Weekend ETH NFT Volume hits two-year low

NFT Update: Yuga Labs acquired Roar Studios; NFT Now announces layoffs; and Weekend ETH NFT Volume hits two-year low

1 min read  ·  01 Aug 2023

Joshua Bagley, 'Spaghetti Bones #0', courtesy of the artist.

Joshua Bagley, 'Spaghetti Bones #0', courtesy of the artist.

News

  1. Yuga Labs has acquired “music and metaverse start-up” Roar Studios to accelerate the development of its Otherside metaverse.
  2. NFT investment fund Curated has acquired Chromie Squiggle #9906.
  3. Web3 media publication NFT Now has announced layoffs after it “over-hired” during the NFT bull market.
  4. Weekend ETH NFT volume hit a two-year low of 11,900 this weekend.
  5. Art Blocks Curated collection ‘Spaghetti Bones’ by Joshua Bagley will drop Wednesday 2 August at 6PM BST.

Data

  1. The Top 3 NFT Sales over the past 24 hours were Azuki #4914 for 70 ETH ($129k), Azuki #344 for 69 ETH ($127k), and CryptoPunk #1446 for 55 ETH ($102k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were Bored Ape Yacht Club with $3.3m (+36%), Mutant Ape Yacht Club with $1.4m (+47%), and Azuki with $1.3m (+109%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $9.2m (+38%), OpenSea with $2.7m (+1%), and Immutable X Marketplace with $536k (-49%).
  4. The Total Crypto Market Capitalisation is $1.21t, a 2% decrease over the past 24 hours.

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