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

Daily Newsletter

NFT Market Update

Things have been looking fairly stable in the NFT space for the past two weeks when it comes to the daily trading volume on OpenSea. The trading volume on OS yesterday was up by +7.5% compared to the day before with slightly less than 17 million traded. 

Source: Dune Analytics

Crypto Update

The cryptocurrency market has seen a much-needed bounce back as it has been on a downtrend since Friday. The global cryptocurrency market cap was up by +3% yesterday with a global market cap valuation of approximately 937 billion dollars. 

Bitcoin is up by +3.4% and trading at $20,163. Ether is up by +4.9% and trading at just over $1,108.

Source: CoinGecko

Recent Launches and Trending Projects


moonbats.wtf

Moonbats is a 10k free-to-mint derivative collection of goblintown-inspired illustrated bats. All of the images look like they’re upside down because these are PFPs of bats and they like to “hang” (pun not intended). 

The Moonbats project does not intend to have a Discord server nor a roadmap of any kind. The entire lore of the bats is summed up in just a few short sentences by the team:

“WELCOME TO A WORLD THAT’S BEEN TURNED UPSIDE DOWN! After a long, cold winter, 10,000 Moon Bats are beginning to wake from their slumber. And they’re hungry…”

Moonbats.wtf is a free-to-mint project, where additional NFTs could be purchased by paying 0.006 ETH. The current floor price of the moonbats.wtf sits at 0.06 ETH at writing and the collection has seen more than 261 ETH of trade volume since launching less than four hours ago. 

Supply Count: 10,000

Mint Price: free + gas | 0.006 ETH for extra

Current Floor Price: 0.06 ETH

Website: https://moonbats.wtf

Twitter: https://twitter.com/Moon_Bats

Discord: No Discord

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

KumaBossNFT

KumaBossNFT is a free-to-mint collection of pixelated bears which was supposed to have a total supply of 5,555 NFTs but 5,563 have been minted so far due to a faulty contract.

KumaBossNFT does not have a Discord server or any roadmap similar to most other degen projects, but they have more than 199.8k followers on Twitter which blows many of their competitions out of the water. 

Recent drama on Twitter ensued when their lead developer took advantage of the team’s trust and sold a one-of-one KumaBoss NFT for 1 ETH on OpenSea. His access to the project later got revoked and he got kicked off the team. 

According to a recent announcement from the KumaBoss team, the 1 ETH will be raffled back to the community where 10 winners will be receiving 0.1 ETH each. 

The team apologized profusely and asked for a chance to prove their trustworthiness through their upcoming actions as they still have a mission to grow their brand into something so incredible “it can’t be put into words on a Twitter thread.” 

 The current floor price of KumaBoss NFT sits at 0.04 ETH and the collection has seen more than 316 ETH worth of trade volume since launching less than 24 hours ago. 

Supply Count: 5,555

Mint Price: free + gas

Current Floor Price: 0.04 ETH

Website: https://kumaboss.com/

Twitter: https://twitter.com/KumaBossNFT

Discord: No Discord

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

Soulda16Club

Soulda16Club is a free-to-mint collection of 7,777 unique 2D avatars that are created based on the minter’s personality.

Soulda16Club is created by a fully doxxed team of six individuals whose LinkedIn profiles are publicly shared here

According to the project’s lore, by going to the ‘Soulda Fountain’ and drinking a ‘soulda’, you will be able to take a ‘Persoulnality test’ to receive a ‘Soul Tag’ in order to master your superpower. Once you take your test you can mint your unique NFT, join the club, and earn their native tokens in the future. 

All was well until the team realized there was a glitch in the contract with allowed for certain Soulda NFTs to have “twins” where more than one identical NFT was minted. 

Thinking quickly, the team devised a strategy to compensate those who were “luckily” affected and blessed with a twin NFT as they will be receiving some sort of compensation IRL in the near future. By doing so, they were able to bring the floor price of their collection to 0.15 ETH where it currently sits at writing. 

Supply Count: 7,777

Mint Price: free + gas

Current Floor Price: 0.15 ETH

Website: https://soulda16.club/

Twitter: https://twitter.com/Soulda16Club

Discord: No Discord

OpenSea: 
https://opensea.io/collection/soulda16club

Nina’s Super Cool World

Nina’s Super Cool World (NSCW) is a collection of 2,307 (minted so far out of 5,080) NFTs which grants holders access to Nina Chanel Abney and her unique pieces of art.

By owning one of the ‘Nina’s Super Cool World’ NFTs, you also receive access to the Gallery of Digital Assets (GoDA) which will be a curated source for leading contemporary artists looking to explore digital as a new medium through Nina’s help. 

The collection mint price was 0.5 ETH which was a hefty price and the reason why less than half of the collection has been minted so far.

 The current floor price of NSCW sits at 0.76 ETH and the collection has seen more than 310 ETH worth of trade volume since launching less than 24 hours ago. 

Supply Count: 2,307 of 5,080 minted

Mint Price: 0.5 ETH

Current Floor Price: 0.76 ETH

Website: https://thegoda.io/

Twitter: https://twitter.com/TheGoda_io

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

OpenSea: 
https://opensea.io/collection/super-cool-world

The Asylum Hall Genesis

The Asylum Hall Genesis is a free-to-mint collection of 5,122 hand-illustrated mental asylum patient PFPs. 

According to its lore, those who own a Hall Genesis NFT are able to join the mental asylum as residents. The coolest thing about this project is the fact they paid for a full Hollywood type of paid production and theatre experience which are presented as trailers on their Twitter profile page. 

The trailers are of high quality and are actually scary until you look at the actual PFPs you need to purchase to become members. That’s when you’ll realize this is just another degen project except they spent a great deal of money on entertainment and production. 

The collection floor price of Asylum Hall Genesis sits at 0.05 ETH at writing and the collection has seen more than 389 ETH of trade volume since launching less than 24 hours ago.

Supply Count: 5,122

Mint Price: free + gas

Current Floor Price: 0.05 ETH

Website: No Website

Twitter: https://twitter.com/asylumhalls

Discord: No Discord

OpenSea: 
https://opensea.io/collection/the-asylum-halls-genesis

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