Web3 Weekly Highlights: Tensor's Solana Supremacy, Flamingo DAO's NFT Shopping Spree, and Sotheby's Bitcoin Ordinals Debut...
NFT Weekly News #33 4th Dec- 10th Dec
NFT News Weekly Update #33
(04/12/2023-10/12/2023)
GM
Welcome to NFT Weekly News by Threekeyslab🗝️🗝️🗝️. Here you can find the latest curated news📰in the NFT world. Every week, we aim to provide a selection of the most interesting news and events that are fostering the development of the NFT world.
The NFT field is constantly evolving, and this article will review last week's Top🔝NFT news. Let's take a look👀together!
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Top News 🔝
📌NFT |Tensor Overtakes Magic Eden as Leading Solana NFT Platform (Dec 7)
Tensor has emerged as Solana's leading NFT marketplace, surpassing Magic Eden with a monthly trading volume of over $1 million and capturing a 60% market share. It’s user-centric evolution and strong commitment to the Solana ecosystem have attracted both professional and retail traders, signaling a significant shift in the Solana NFT landscape.
📌NFT|Flamingo DAO's NFT Rampage: 270 ETH for 418 Pieces in 12 Hours (Dec 5)
Flamingo DAO spent roughly 270 ETH (about $610k) on 418 NFTs from 50 collections in 12 hours. Top purchases included CrypToadz, Casa Roja, Player, DeepBlack, and Azuki Elementals, showcasing a diverse and substantial investment in the NFT market.
📌NFT|Sotheby's Launches First Bitcoin Ordinals Auction (Dec 7)
Sotheby's is hosting its first Bitcoin Ordinals auction until Dec. 13, featuring the Bitcoin Shrooms collection by Shroomtoshi. The sale highlights digital artworks symbolizing Bitcoin's ethos, with initial bids exceeding estimates, signaling a significant milestone in the recognition of Bitcoin NFTs.
Market Update 📣
To find out more about the notable NFT sales for the week, please click on the link below.
Other News 👀
AIGC|Google DeepMind Unleashes Gemini: A New Era in AI Chatbots (Dec 6)
Google DeepMind unveils Gemini, a groundbreaking AI chatbot series, including the advanced Gemini Ultra, outperforming GPT-4. Gemini Pro is now available, and Gemini Nano is set for Pixel 8 Pro integration, marking a major leap in AI competition.
Web3|A16z Prioritizes AI and Gaming in 2024 Crypto Strategy (Dec 6)
Andreessen Horowitz's 2024 crypto outlook highlights a strong focus on AI and gaming, diverging from last year's emphasis on "zero knowledge" tech. The firm sees crypto as key to democratizing AI development and ensuring the integrity of AI-generated video games. Additionally, they emphasize the evolution of "play-and-earn" gaming experiences and advancements in digital security. Despite these ambitious ideas, a16z's crypto investment pace has notably slowed in 2023.
NFT|Pudgy Penguins Launches 'Pudgy World Alpha' with zkSync at Art Basel (Dec 9)
Pudgy Penguins announced the alpha launch of 'Pudgy World', a new Web3 gaming experience, at Art Basel Miami for Q1 2024. Powered by zkSync, this digital world for NFT holders and gamers features an open-world, customizable characters, and introduces "Hero Characters" Pudgy and Peaches. The launch highlights the brand's expansion into immersive entertainment, leveraging blockchain technology.
Web3|Solana NFTs Outpace Ethereum in Trading Volume Amid Market Rise (Dec 7)
Solana's NFT market has surpassed Ethereum's, reaching $14.8 million in 24-hour trading volume. This surge is led by projects like Tensorians and Mad Lads. Concurrently, Solana's cryptocurrency SOL hit a 19-month peak, and its meme coin BONK reached new highs, signaling a robust growth phase for Solana's ecosystem.
NFT|eBay Advances into Blockchain with Collectible Tokenization(Dec 8)
eBay is adopting blockchain technology to tokenize physical collectibles, enhancing authenticity verification and global trading. This move into digital tokens could transform the $1 trillion collectibles market, positioning eBay as a key player in the evolving digital collectibles space.