The Weekly Rundown – NFT Sales April 16-22 2022

As April turns to May, NFT sales picked up significantly. In addition, Dominik Schiener’s new project – OpenSea – released a listing of all the top 7500 goods from more than 1 million listings on eBay and Amazon.

The “looksrare vs opensea” is a battle between two decentralized exchanges. The “looksrare” is an exchange that focuses on privacy and security while the “opensea” is focused on speed and liquidity.

The markets are still playing games on us, and most of us are getting tired of it. Different sites, such as LooksRare, are actively enticing users to engage in their economy. However, it seems that some of these incentives are only effective for a limited period.

Let’s take a brief look at the numbers.

The Week’s Big Sales

NonFungible.com’s top sales in the past 7 days

NFT Markets is a company that specializes in non-traditional

With 208k purchasers, OpenSea generated $898 million in sales, almost a 93 percent increase over the previous week.

LooksRare sold $663 million to 6,591 purchasers, about a 51 percent increase over the previous week.

Magic Eden sold $4.82 million to 16k people, a drop of about 12% from the previous week’s sales total.

Solanart sold $2.2 million to 3,600 people, representing an almost 64 percent increase in sales volume over the previous week.

AtomicMarket produced $2.22 million in sales with 36k purchasers, down almost 34% from the previous week.

Rarible generated $1.17 million in sales with 819 purchasers, down 37% from the previous week.

Metaverse

Metaverse

Every week, we witness an increase in interest in metaverse worlds; individuals just use the term “metaverse” without recognizing that many “metaverse platforms” are being built. As a result, we’ll go through the most important ones here.

The Sandbox sold for $2.7 million to 399 people.

With 163 purchasers, Decentraland achieved $1.5 million in sales.

With 14 purchasers, Somnium Space generated a $60k profit.

With 20 purchasers, CryptoVoxels generated $91k in sales.

What Market Data on Collectibles Tells Us

Collectibles

In the NFT space, the top four collectibles by sales.

Moonbirds generated $394 million in sales, with 11,300 purchasers transacting 14,994 times.

Mutant Ape Yacht Club sold $71 million to 610 customers who transacted 817 times, representing a 192 percent increase in sales volume over the previous week.

With a total of 2,433 purchasers who transacted 3,500 times, MurakamiFlowers generated $61 million in sales.

Bored Ape Yacht Club sold $47 million to 122 customers who transacted 175 times, an increase of 87 percent over the previous week.

Games based on cryptography

Games based on cryptography

Every week, there are new games that promise fantastic gameplay and a large community. Axie Infinity is now the most popular P2E platform in terms of daily active users. The top three most popular games in the previous seven days are shown below.

Axie Infinity has a volume of $136 million.

DeFi Kingdoms grossed $60 million in its first year.

Mobox raked about $32 million in revenue.

What CryptoArt Is Trying to Tell Us

Crypto Art

Let’s have a look at it in more detail:

  • In January, $61 million was sold.
  • In February, $45 million was sold.
  • $57 million was sold in March. 
  • So far in April, $49 million has been sold.

Summary

It’s becoming more “savage” out there. As a result, you must exercise extreme caution while purchasing NFT or cryptocurrency. Just remember to do your homework before investing any of your hard-earned cash. Contribute to the community, construct and generate content, and assist newbies to the space in the interim. Have a wonderful weekend!

 

The “rarible” is a token that has been on the rise in recent weeks. The token reached a peak of $0.07 per token at the beginning of April, but has since dropped to $0.05.

Related Tags

  • looksrare nft
  • looksrare coingecko
  • looksrare twitter
  • looksrare reddit
  • looksrare rewards

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