Mutant Ape Yacht Club, Cryptopunks among the record-breaking NFT sales of this week
Mutant Ape Yacht Club, Cryptopunks among the record-breaking NFT sales of this week
- NFT-secured loans have become a popular financing instrument for blue chip NFT owners
- The sale of rare Mayc and Ape punk nfts proves the market dominance of Yuga Labs
The NFT ecosystem has decreased in May in May with regard to the monthly trading volume since the cryptom market in the city center, especially compared to the all-time highs in January of this year.
In particular this week there were some considerable trading activities, and Wednesday is the cake for the highest daily volume of NFT sales, measured in Ether (Eth), in September and in the last 30 days.
On September 28, $ 12,565 ETH or $ 16.6 million on this day. During September 20, a lower volume amount in ETH-12,549 ETH-recorded, the USD amount of $ 17 million was higher due to the fluctuating ether prize.
The increase this week is probably to a sale of generative art worth $ 16.75 million, a loan contract in the Mutant Ape Yacht Club (Mayc) worth $ 1.3 million and a sale of Cryptopunks worth $ 4.45 million.
Tyler Hobbs, the creator of the popular Fidenza project on Art Blocks, and the co-founder of Archipelago, Dandelion Wist, published embosses for their new QQL collection, which was offered on Wednesday via a Dutch auction.
This generative art experiment sold 900 embosses with the help of a discount mechanism, so that all buyers at the end paid the same price as soon as it had settled. While the auction ended at 14 ETH, the QQL project collected around 12,600 ETH or about $ 16.7 million.
With the claim that it "enables the collector as a fabricated", QQL-Pass holder can use the algorithm to select the output of the on-chain art you shaped.
Many QQL collectors may already be collectors of other generative works of art or from Hobbs' Fidenzas, a collection that recently had an owner Show seven NFTS worth 912.741 $ within 24 hours.
The success of generative art nfts has contributed to the growth of the NFT art sector, and the Art Blocks NFT platform is at the top of the pack thanks to collections such as Fidenza, Chromie Squiggles and Rings, to name just a few.
Art Blocks, which is approaching his two -year anniversary in November, is also known for his curated collections, which consist of a number of projects to which individual artists or collaborations can be submitted.
his eighth and latest series will also be the "last of its kind", Art Blocks announced this week. All future curated projects do not belong to a numbered series.
mega mutant apes-assured loan
A mega-nft credit business made a big bet on mutant ape yacht club nfts.
fragment-a company that, according to its Twitter, "created rich stories and worlds for the meta personation"-recorded a loan of 1,000 ETH at the value of around $ 1.3 million on Tuesday, to buy Mega Noise, one of the rarest nfts in the world.
1000 ETH today were borrowed against two megamutants @Xyz ! The amortization should be 1,044 ETH in 90 days (18 % APY). In addition, the borrower ( @fragmentxyz ) has bought a third megamutant @machbigbrother pic.twitter.com/0dkwivogyo
- 0xtigξr (@pltiger) 27. September 2022
Security are two more Mega Mutant Apes - Mega Electric and Mega Swamp - the fragment will lose if the loan does not repay within 90 days.
nexo acted as the originator of the loan and financed it through Arcade, while meta 4 nft lending fund procured and structured it as an underwriter of the loan and took over liability in the event of a payment failure of the loan.
"This type of activity is important, not only because of the sticker shock on the assets, but because it is a really nice example of tokenized finances-where we operate at the Defi and NFTS interface", Brandon Buchanan, founder of Meta4 and managing partner, said Blockworks.
"Deals like this are very complex because they evaluate assets with little transaction history or comparable values," added Buchanan. "You want to be sure that storage solutions are safe and need alternative forms of financing from sources that can tolerate the perceived risk."
This purchase of Mega Noise increases the number of Mega mutants from fragment to five NFTS. There is only about a dozen mega mutant Apes who were spun out of the Bored Ape Yacht Club with "mutanterserum".
Rare monkey cryptopunk
Daniel Maegaard, also known as Seedphgrase.eth, sold his rare ape cryptopunks NFT for 3,300 ETH or $ 4.28 million to an unknown buyer.
This makes it sell with the highest ETH value for a non-alien punk in history. It is also the fourth highest punk sale of all time and the second highest sale in 2022, after another APE Punk was sold in February for 2,501 ETH or $ 7.8 million.
punk 2924 was bought for 3,300 ETH (4,451,633.94 USD) from 0x9045de from 0x1da533. https://t.co/bh7rjs9aob #kryptopunks #ether pic.twitter.com/pt9v9bcc5s
-Cryptopunks-Bot (@Cryptopunksbot) 28. September 2022
cryptopunks is one of the NFT projects of OG and continues to show massive interest and large sales, especially since the sale of luxury jewelry worth $ 12.5 million with Tiffany’s & Co.
Cryptopunks and Mayc collections are operated under the parent company Yuga Labs, which had a value of $ 4 billion in March-the largest evaluation of all NFT companies so far.
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The contribution "Mutant Ape Yacht Club, Cryptopunks among the groundbreaking NFT sales of this week" is not a financial advice.
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