CryptoPunks Reveals Details For Its Punk In Residence Incubator Program + More NFT News
In NFT news today, after a couple of days of increasing non-fungible token (NFT) sales volume, the market is back in red.
According to CryptoSlam, the sales volume is down nearly 13% over the past day to $42,137,944.
Buyers, sellers, and transactions are all down by just above 30%.
Looking at the top ten collections per sales volume, we find a mixed picture. Pudgy Penguins saw the biggest increase in the last 24 hours, by 242% to $1.5 million.
The highest drop was Nobody’s 75% to $719,751.
Pandora has remained in first place on the list with $14.98 million – substantially higher than the second-placed CryptoPunks’ $1.8 million.
As for the top ten blockchains over the past day, the most notable changes are with Ethereum and Solana. Ethereum is, expectedly, still in first place, but with a higher-than-usual daily volume of $28.6 million.
After nearly exiting the top ten list altogether following an outage, Solana is back in the top five. It currently sits in fourth place with $1.13 million, despite an 80% drop.
In other NFT news today, Yuga Labs shares details about its Punk In Residence program, Magic Eden announces the Creator’s Alliance, and Supervillain Labs and Aptos Labs partner on UX-rich Web3 gaming experiences.
Yuga Labs, the team behind major collections CryptoPunks, Bored Ape Yacht Club (BAYC), Otherside, Meebits, and 10KTF, has revealed details on its new incubator program named Punk in Residence.
According to the press release, Punk in Residence will work with two artists per year. Web3 background isn’t required.
Participating artists may live and work from anywhere. They will receive ongoing mentorship, technical guidance, and production support as they create new pieces in collaboration with Yuga Labs and the
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