A brief and concise look at the NFT market over the last 24 hours.

Daily Newsletter

NFT Market Update

The NFT market continues to move sideways during this current bear market. The volume on OpenSea was down by -7.2% yesterday, with slightly less than 17 million traded. 

Source: Dune Analytics

Crypto Update

The global cryptocurrency market cap was up by +1.2% yesterday, with a total valuation of slightly more than 1.17 trillion dollars. 

Bitcoin is up by +1% and trading at $23,847. Ether is up by +2.3% and trading at $1,769.

Source: CoinGecko

Recent Launches and Trending Projects


uglyduck.wtf

Uglyduck.wtf is a free-to-mint 10k collection of hand-illustrated ugly duck PFPs. Ugly Duck project is community focused, and its art is hand-drawn by world-renowned digital graffiti artists. 

The videos for uglyduck.wtf are produced by an ex-Star Wars and ex-Star Trek 3D animator. The goal of Uglyduck.wtf is to create the largest decentralized community & alpha group of high-end art collectors, artists, and investors.

UglyDucks is the #1 trending collection on OS with more than 4,925 sales in the last 24 hours. The collection is created by WTF Labs, a group of eleven team members, three of whom are self-doxxed. 

WTF Labs has two other previous collections, the Molly Genesis Collection and the Molly Secret Collection, both alpha groups. The genesis collection currently has a floor price of 0.03 ETH, and the Secret collection has a floor price of 0.15 ETH.

The current floor price of the UglyDuck collection sits at 0.03 ETH, and it has seen more than 92 ETH of sales volume since its launch less than 24 hours ago. 

Supply Count: 9.999

Mint Price: free + gas

Current Floor Price: 0.03 ETH

Website: https://uglyduck.wtf/

Twitter: https://twitter.com/Uglyduckwtf 

Discord: https://discord.com/invite/8zBaqvdrnG

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

8liens

8liens is a free-to-mint collection of 10k pixelated alien NFTs. The project is still in its mint phase, which ends on August 10th, 2022. 

The 8liens collection has no secondary market royalties, and instead, 10% of the collection is split amongst four founders, and another 10% of the collection will be held in the treasury for development. 

All 8liens will be CC0, excluding the 1/1 pieces, which will be determined individually by each artist. The 8liens has no roadmap, and it is purely NFT art inspired by the CryptoPunks collection. 

The current floor price of 8liens sits at 0.22 ETH, and the collection has seen 485 ETH worth of trade volume since its launch approximately 15 hours ago at writing. 

Supply Count: 10,000

Mint Price: free + gas

Current Floor Price: 0.22 ETH

Website: https://8liens.xyz/

Twitter: https://twitter.com/8liensNFT

Discord: https://discord.com/invite/8liens

OpenSea: https://opensea.io/collection/8liens

Crudeborne Eggs

CrudeBorne Eggs is a free-to-mint 10k collection of unrevealed eggs which is mostly based on speculation and mystery. 

There are rumors that this project is linked with RiperDeFi whose information is also kept under wraps at this time. Both the CrudeBorne contract and webpage are filled with signs, mysteries, and codes. 

Many NFT community members took it upon themselves to try to solve the project’s many mysteries. In one of the latest Twitter Spaces hosted by the CrudeBrone team, there were hints that the project had direct ties with BlackRock, one of the world’s preeminent asset and investment management firms. 

The current floor price of CrudeBorne Eggs sits at 0.05 ETH, and the collection has seen more than 256 ETH of trade volume since its launch less than 48 hours ago. 

Supply Count: 10,000

Mint Price: free + gas

Current Floor Price: [XXX]

Website: https://crudeborne.wtf/

Twitter: https://twitter.com/crudeborne

Discord: Private/Closed

OpenSea: https://opensea.io/collection/crudeborne-eggs 

wgmis

Wgmis by Desulter is a collection of 8,888 degenerate amphibian PFPs created by a digital artist, Desultor, who is trying to deconstruct some of pop culture’s favorite friends in his own light. 

Each wgmi NFT is made up of imperfect pixel layers and composed of mathematically generated randomness for unique results. 

The team behind the wgmis collection consists of seven team members who are all undoxxed. However, we know that the lead artist is from South Korea. 

The project has no rules, roadmap, or utility, and the current floor price of the wgmis collection sits at 0.02 ETH.

Supply Count: 8,888

Mint Price: free + gas

Current Floor Price: 0.02 ETH

Website: https://wgmis.com/

Twitter: https://twitter.com/wgmis

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

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

Techie Club

Techie Club is a semi-free-to-mint collection of 5,555 utility and education-focused NFTs. The Techie Club is a women-led project that was previously part of a HUG accelerator founded by @randizuckerberg. 

The project aims to build an inclusive community for current and aspiring techies. The team intends to help educate and support every holder’s tech journey into Web2 & Web3 using their experience and expertise. 

Techie Club currently has no roadmap as the team intends to underpromise and overdeliver. Some of the utility of holding a Techie Club NFT include access to the Techacademy, private Discord server access, interview success courses, and Web3 masterclasses in the future.

The current floor price of the Techie Club collection sits at 0.01 ETH, and the collection has seen more than 29 ETH worth of trade volume since its launch a few hours earlier today.

Supply Count: 5,555

Mint Price: 4,444 free then 0.009 ETH

Current Floor Price: 0.01 ETH

Website: https://techieclub.co/

Twitter: https://twitter.com/techie_club

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

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

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