Market analytics platform Cryptounfolded released data this month showing that non-fungible tokens (NFTs) sales on OpenSea, the largest marketplace for digital collectibles, fell by 60% from Q2 to Q3.
Despite the weakness of the crypto market, investors can still find opportunities in the NFT space. The following is a highlight of some of the movers and shakers in the NFT world over the past seven days.
YuGiYn is a collection of 8,888 characters that takes the popular Japanese manga and anime art phenomenon and applies it to NFTs and the metaverse. There are 4 districts in the virtual world and players can move between districts and interact.
With $1.68 million in volume and a floor price of 0.2 ETH ($260), YuGiYn was one of the top ten for weekly sales last week.The reason: the project recently minted or published a unique digital asset on a blockchain so that it can be bought, sold, and traded. The idea was to build a “digital economic zone through Tokyo Culture” so that users across the world get a chance to explore an urban Japanese theme.
YuGiYn
CryptoNinja Partners (CNP) is a 22,222-piece collection featuring ninja-themed cartoon animals. The 20k collection includes four different animals, such as pandas, bears, ghosts, and hawks, each with unique traits. In the five months since it started, the average price of a CNP NFT has risen fto $1,850 from $400. It's from NinjaDAO, one of the largest NFT communities in Japan with over 40,000 participants, and its popularity reflects its upcoming marketplace, a CNP Friends smartphone app, and collaboration with various regional governments in Japan.
OpenSea is the official sales portal for CryptoNinja and they have a current floor price of 1.40 ETH ($1,850). The NFT
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