NFT MARKET UPDATE
The daily trading volume on OS was down -5.9% yesterday, with slightly less than 9.9 million dollars traded.
Source: Dune Analytics
The global cryptocurrency market has been showing negative results from the latest CPI Report on the interest rate hike which is to be expected soon. The global cryptocurrency market cap was down by -3.2% yesterday, with a valuation of just over $1 trillion dollars.
Bitcoin is down by -1.8%, trading at $19.754. Ether is down by -8% and trading at $1,462.
Recently Launched and Trending Projects
‘RENGA’ and ‘RENGA Black Box’
Anomura Mystery Bowl
TruPlay Genesis Rhymeverse
TruePlay Genesis Rhymeverse is a 7k NFT collection (of which 6,651 NFTs have been minted) created by Truplay, a Christian entertainment company that creates transformative mobile games for children. TruPlay Games currently has four games in the process of development, and their feature game is called “Maple & The Forest of Words.”
The story of TruPlay first began with Lightside Games, a company dedicated to bringing God‘s truth to the video gaming space. Lightside had 7 million people play its games worldwide including 25,000 decisions for Christ. The games included Journey of Jesus, the most played Christian game of all time, as well as Stained Glass which was the top Christian game on the App Store for years. Lightside was acquired by TruPlay in 2021. TruPlay is currently upgrading the Lightside portfolio and bringing them into the mobile on the TruPlay platform.
TruPlay Genesis Rhymeverse began its mint phase less than 24 hours ago on September 15th, and it was one of the projects featured in the last WGMI Weekly Upcoming Mints newsletter. The current floor price of the collection sits at 0.0248 ETH and the collection has seen more than 218 ETH traded since its release. Check out the team’s progress and trailer video of one of the many games that will be released through the TruPlay games platform by visiting this link.
Supply Count: 7,000 (6,651 NFTs minted)
Mint Price: free + gas
Current Floor Price: 0.0248 ETH
Bloom.xyz is a collection of 3,003 NFTs, and it is officially the first NFT collection that was released on POS Ethereum. Bloom.xyz was a free airdrop to those who were on the ‘BloomList’ as well as those who held a Nostalgia KEYs NFT. Nostalgia KEY’s is a separate collection with a 2,723 supply count which launched on January 22nd, 2022.
Bloom.xyz is a story-based lifestyle brand that combines digital and physical goods using traditional Web2 as well as state-of-the-art Web3 technology. Each of the Bloom avatars has been handcrafted with its own expressive identity in order to showcase our personalities in the emerging metaverse as our lives become increasingly digital. Together with its community, the team aims to bring the worlds of high fashion streetwear, pop culture, and NFTs together by exploring the concepts of IP distribution, world-building by focusing on the nostalgia factor created by value and scarcity.
Bloom is a Stage One of a three-step plan to revolutionize the way we authenticate the veracity of physical objects on the blockchain. Bloom was envisioned by Sheldon Evans and Pedram Ghozat, as the origin story of their serendipitous friendship. The project is owned by the community through licensing rights of each holder’s unique avatar and co-developed with the team’s in-house media company and creative talents. Sheldon Evans has made a name for himself online through his background in digital marketing. Pedram Ghozat is an e-commerce aficionado who has experience working with some of the world’s most successful luxury and fashion brands.
The floor price of Bloom.xyz sits at 0.35 ETH and the collection has seen more than 194 ETH traded since its launch less than 24 hours ago. The popularity of Bloom is owed to the fact that this project is the first-ever NFT collection on Ethereum PoS which is a significant and historical achievement (both factors with a great amount of potential for massive price pumps according to speculations from the NFT community).
Supply Count: 3,003
Mint Price: Free Airdrop
Current Floor Price: 0.02 ETH
Wolf Game – Genesis Land
Wolf Game – Genesis Land is a collection of 19,973 pixelated land NFTs that are part of the Sheep and Wolves (Wolf Game) ecosystem. Wolf Game made its mark last year, and it is one of the most successful NFT projects with play-to-earn mechanics of all time where traders were able to make a killing by buying and selling $WOOL and trading their wolf and sheep NFTs.
The Wolf Game Genesis Lands was minted on November of 2021, but the lands only revealed in the last 48 hours after many months of waiting. Since the reveal phase occurred, many genesis lands with rare traits have been due to speculation of what’s to come.
Since the reveal occurred, the team announced that the next iteration of Wolf Game would be released in Q4 of 2022. Many OG collectors are extremely hyped for Wolf Game because the first version proved extremely lucrative for those involved, especially if they got in early.
It is currently unclear what the resources of Genesis Lands will grant to its holders, but many members have begun to speculate that whatever resource a land has will be distributed to holders every 24 hours although this is still yet to be confirmed by the team.
The current floor price of Wolf Game sits at 0.29 ETH, and the Genesis Land collection has seen more than 7.1k ETH traded since its launch approximately ten months ago. The Genesis Land collection’s recent pump is largely due to speculation and the hype surrounding the next iteration of Wolf Game itself.
Supply Count: 19,973
Mint Price: N/A
Current Floor Price: 0.29 ETH