The Rubbish World of Dave Spud

NFT Financials Falling in Q3 but On-Chain Metrics Remain Bullish, DappRadar’s New NFT Report Shows

Retrieved on: 
Friday, September 23, 2022

NFT Financials Falling in Q3 but On-Chain Metrics Remain Bullish, DappRadars New NFT Report Shows

Key Points: 
  • NFT Financials Falling in Q3 but On-Chain Metrics Remain Bullish, DappRadars New NFT Report Shows
    NFT Financials Falling in Q3 but On-Chain Metrics Remain Bullish, DappRadars New NFT Report Shows
    DappRadar , the global app store for decentralized applications, predicts in its new report on the state of the NFT market that despite financials falling in Q3 that total sales are expected to grow by 6% by the end of the quarter.
  • Although the NFT market's trading volume decreased by 75% ($2 billion) from the prior quarter, sales are estimated to reach 21.1 million by the end of Q3.
  • In contrast, NFTs on ImmutableX increased trading volume by 87% from the previous quarter showing the potential of web3 games.
  • In the fashion and luxury NFT market, while trading volume dropped off significantly from Q1 to Q3, the report argues that demand for fashion and luxury NFTs remain one of the strongest use cases.

DappRadar: The Winners and Losers of the Crypto Bear Market Revealed in New DappRadar Report 

Retrieved on: 
Friday, July 29, 2022

June recorded the lowest per month investment with only $500 million, the report confirmed.

Key Points: 
  • June recorded the lowest per month investment with only $500 million, the report confirmed.
  • Overall, the report shows that market activity remains steady, reporting only a slight decrease in average UAW activity QoQ, which declined by 12%.
  • Year-over-Year numbers paint a much more optimistic outlook as we have an overall increase of 62% in UAW activity.
  • With market sentiment already bleak, and with growing user distrust amid the Terra debacle, this could spell the end for the chain.

DappRadar Report Shows Prominent NFT Collections Seeing a 40% Increase Amidst a Harsh Bear Market

Retrieved on: 
Wednesday, June 22, 2022

In fact, the bear market has proven to be a golden buying opportunity for NFT collectors.

Key Points: 
  • In fact, the bear market has proven to be a golden buying opportunity for NFT collectors.
  • With the price of
    Ethereum falling below $1,000 last week, down 77% from its all-time high, the economic barrier to entry in the NFT market has become much lower.
  • The report bodes well for the future of NFTs, even amid the seemingly endless bear market blues.
  • With the increase in trading activity, the USD floor price of some of the most sought after NFT collections has soared.

Web3 Animation Studio, Toonstar, Partners with Mila Kunis' Sixth Wall to Launch NFT Series, The Gimmicks

Retrieved on: 
Monday, March 14, 2022

LOS ANGELES, March 14, 2022 /PRNewswire/ -- Toonstar, a Web3 animation studio, and Sixth Wall, the digital arm of Mila Kunis' Orchard Farm Productions, today announced the launch of The Gimmicks, a cutting-edge Web3 enabled, community-driven animated NFT series powered by Solana. The "South Park meets WWE" adult, animated series about washed up wrestlers trying to regain their status is voiced by former WWE stars Luke "Doc" Gallows, Karl "Machine Gun" Anderson, FKA Enzo Amore and Rocky Romero. The series is written by "The Daves," Dave Ihlenfeld and David Wright (Family Guy, The Simpsons).

Key Points: 
  • LOS ANGELES, March 14, 2022 /PRNewswire/ --Toonstar, a Web3 animation studio, and Sixth Wall, the digital arm of Mila Kunis' Orchard Farm Productions, today announced the launch of The Gimmicks, a cutting-edge Web3 enabled, community-driven animated NFT series powered by Solana.
  • NFT holders will also have the opportunity to interact with other fans via an on-chain social layer.
  • "We're thrilled to see this The Gimmicks launch and are looking forward to giving other new voices an animation platform."
  • Sixth Wall is a blockchain entertainment company founded by Mila Kunis, Lisa Sterbakov, Lindsey McInerney, Morgan Beller and Maaria Bajwa.