WGMI Daily News Sept 12

Grader

September 12, 2022

NFT MARKET UPDATE

The NFT market was a bit slow over this weekend, showing less trade volume than the previous week. The daily trading volume on OS was down by -1.7% yesterday, with slightly less than 10.6 million dollars traded.

Source: Dune Analytics

CRYPTO UPDATE

The cryptocurrency market was on an uptrend over the weekend, showing a slight increase in market cap compared to the week before. The global cryptocurrency market cap was up by +1% yesterday, with a valuation of just over $1.11 trillion dollars.

Bitcoin is up by 1.8% and trading at $21,920. Ether is down by -1.2% and trading at $1740.

Source: CoinGecko

Recently Launched and Trending Projects

Bonfida: Solana Name Service

Bonfida is a collection of Solana based NFTs that serve the same purpose as the ENS (Ethereum Name Service) except it’s on the Solana blockchain. The Bonfida collection doesn’t have a maximum supply, and instead it is a way for people to secure their own domain URLs and wallet addresses into a more memorable one that anyone can purchase and use.

Bonfida allows holders to quickly send and receive funds using human-readable address, and it grants the additional option to confirm your identity by linking a Twitter handle to a Bonfida URL. Bonfida domains cost around 38.6 $FIDA at the time of writing, which is worth about $17 at the time of writing.

The Bonfida collection began to take off in the last three weeks as many experienced NFT traders ended up purchasing a ton of short-string, popular, and valuable domain names in order to be resold for a profit as they were likely aware of the popularity and success behind ENS servers (one of the leading collections of all time on the Ethereum blockchain.

Bonfida first launched on March 14th, 2022, and it remained fairly unknown with not much trade volume until recently when the collection began to pump in recent weeks weeks. On Saturday, Bonfida saw more than $681,945 trading volume when Magic Eden had a total trade volume slightly more than 1.38 million dollars. This put Bonfida not just the #1 selling collection on Magic Eden but in the entire NFT space, surpassing BoredApeYC in terms of total sales volume for that day.

Currently more than 200k different domain names have been registered under Bonfida, and the collection can only be accessed on MagicEden and not on OpenSea. Solana by Bonfida is one of the top trending collections on Magic Eden in the last 24 hours with more than 24.2k SOL traded.

Bonfida does not provide services to personal accounts of current residents of the United States of America, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, or Antigua and Barbuda, and $FIDA is not offered within the United States or any other prohibited jurisdiction.

Supply Count: No Supply Limit

Mint Price: 38.6 $FIDA

Current Floor Price: 0.45 SOL

Website: https://naming.bonfida.org/

Twitter: https://twitter.com/bonfida

Discord: https://discord.com/invite/tus XFZXGTV

Magic Eden: https://magiceden.io/marketplace/bonfida

World of Pepe (WoP)

World of Pepe is a collection of 999 exclusive passes into the World of Pepe community. WoP is the ultimate team of alpha callers, collab managers, and degens. Holders gain access to a private alpha community, and by staking their NFT they are able to earn $FLIES which can be used for WL raffles and other various perks.

The WoP team is comprised of seven moderators, one head mod, one operations manager and one Discord Dev. This team of ten is responsible for the WoP collection, and the team will be hosting games movie nights, and more in a regular basis in an effort to help to grow and empower its community.

World of Pepe first launched less than 24 hours ago, with a mint price ranging from 0.035 ETH for whitelisted members, and 0.039 ETH during the public sale phase. Since then the collection has seen more than 134 ETH of sales volume, and its current floor price sits at 0.05 ETH at writing.

Supply: 999

Mint Price:
WL – 0.035 ETH
Public – 0.039 ETH

Current Floor Price: 0.05 ETH

Website: https://www.worldofpepe.xyz/

Twitter: https://twitter.com/WorldofPepeNFT

Discord: https://discord.com/invite/ctG82MKFFw

OpenSea: https://opensea.io/collection/world-of-pepe-official

Your Mom

‘Your Mom’ is a collection of 10k free-to-mint degenerate MEME NFTs with the potential to grow into a successful project. The Your Mom collection consists of funny artwork matching the ‘your mom’ attitude.

The community members talk about each other’s mothers to pump their bags and to shill the project. Here are a few examples of the ‘your mom’ movement: Wink to your mom. Your mom is hot asf. I like your mom. I love your mom, etc.

The team plans to host daily Twitter space events where community members and those interested in learning more about the community can meet and create MEME history together.

The Your Mom collection launched less than 24 hours ago and the collection has seen more than 43 ETH traded in the secondary market to date. The current floor price of Your Mom sits at 0.008 ETH.

Supply Count: 10,000

Mint Price: free + gas

Current Floor Price: 0.008 ETH

Website: https://yourmomnft.netlify.app/

Twitter: https://twitter.com/yournftmom

Discord: https://discord.com/invite/YDfGk9yKUh

OpenSea: https://opensea.io/collection/yourmomnft

Truffle Pass

Truffle Pass is a collection of 333 cross-chain alpha community-based NFTs consisting of tight-knit traders. Holding a Truffle Pass grants lifetime access to a private Discord server and a custom minting bot that gives holders an edge when minting new NFT projects.

One of the reasons for the Truffle Pass’s recent success is due to a shot caller from Truffle pointing out the HoshiBoshi as a winner while it was worth only 0.01 ETH. HoshiBoshi went as high as 2.4 ETH during its peak, granting Truffle holders a potential 240x on their investment.

Owning a Truffle pass grants lifetime access to its holders, and there is also a monthly subscription available for 0.086 ETH, equivalent to approximately $150 per month. Truffle Pass grants access to free airdrops to future upcoming projects, daily WL giveaways, and a community of like-minded traders. The goal at Truffle is to provide quality alpha that can’t be found anywhere else.

The current floor price of the Truffle pass sits at 0.6 ETH, which is three times more than the collection’s initial mint price. The project has seen more than 113 ETH in volume traded since its launch less than 24 hours ago.

Supply Count: 333

Mint Price: 0.2 ETH

Current Floor Price: 0.6 ETH

Website: https://trufflepass.net/

Twitter: https://twitter.com/trufflepass

Discord: https://discord.com/invite/eXrwXzSyAN

OpenSea: https://opensea.io/collection/truffle-pass

Broman Ltd

Broman Ltd. is a collection of anime and comic-inspired China-based NFTs that grants its holders exclusive membership, perks, and utilities.

“There is a city of opportunities and dreams named Chung-Tai City located in Southeast Seas, and a group of hard-working people who refused to give in to fate reside there. If you dare to take a leap of faith and strive to prosper, there is a chance to have the world at your feet. This city of dreams creates a unique cultural group, and we call them Broman.”

When you become a citizen of Chung-Tai City, you will obtain the following citizen rights, they include access to the latest music from Broman, limited edition merchandise, exclusive membership into the Broman Discord server, full CC0 rights, and access to private parties IRL. Broman’s latest music video that is used for marketing is available for viewing by visiting this link.

The mint price of Broman Ltd is not known and is currently unclear as their Twitter and Discord links are entirely in Chinese, and information in English is not only hard to find but is extremely limited. This makes Broman a project that is not likely to succeed in the long term as the doors seem to be closed for non-Chinese NFT investors which doesn’t seemt to be a wise business decision.

The current floor price of Broman NFTs sits at 0.038 ETH, and the collection has seen more than 136 ETH traded on the secondary market on OS since its launch less than 24 hours ago.

Supply Count: 5,000

Mint Price: N/A

Current Floor Price: 0.038 ETH

Website: https://www.bromannft.com/

Twitter: https://twitter.com/BromanNft

Discord: https://discord.com/invite/bromannft

OpenSea: https://opensea.io/collection/broman-nft