Web3 Weekly Review: Doodle Stoodio on Base, Polymarket's volume surpassing NFT, Harris' potential industry support...
NFT Weekly News #58 29th July - 4th August
NFT News Weekly Update #58
(29/07/2024-04/08/2024)
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 🔝
📌 Web3|Doodles launch Stoodio on Base (Jul 30)
Doodles migrated its avatar customization platform ‘Stoodio’ from the Flow blockchain to Ethereum’s layer-2 scaling network, Base.
📌 Crypto Macro|Polymarket volumes outpacing NFTs(Aug 3)
Polymarket volume is now outpacing all of NFTs, let’s have a look of their volume comparison in different time frame
Daily: -Polymarket at $23M yesterday; -NFTs saw $13.5M
Weekly: -Polymarket at $118M the past week; -NFTs at $86M
Monthly: -Polymarket at $387M; -NFTs at $434M (slight edge)
📌 US Politics|Crypto Exec Pushing for Industry Support of Kamala Harris for President(Aug 2)
On Polymarket, Kamala Harris’ odds of winning the 2024 election comes to 46%, quite close to Trump’s 52%.
A former chief executive of a crypto platform is trying to build a crypto following for Vice President Kamala Harris, hoping to raise money and secure industry endorsements for the Democratic presidential candidate.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included BAYC, Crypto Punks and Milady. These collections are famous for their charming characters and distinctive designs, which make them very popular in NFT market.
Chromie Squiggle, Winds of Yawanawa and Life in the West America stood out as the main NFT Art projects sold last week. Life in the West America has experienced in the past week an increase in trading price, reclaiming public attention through its distinct aesthetic senses and creative ingenuity.
Credit to: @Deepnftvalue
Other News 👀
Meme|Hamster Kombat to see 300m player airdrop (Jul 31)
Today the team updated their whitepaper, sharing that new 300M total players figure and also confirmed 60% of its airdrop tokens will go to players. That means 300M holders for $HMSTR.
For perspective, that's more holders than ETH has total wallets (275M), BTC has total holders (~70M) and greatly outpaces the NOT coin on TON (2.3M holders).
Web3|Animoca and LayerZero announce partnership(Jul 31)
Animoca announced a strategic multi-year partnership with @LayerZero_Labs, the team that launched the leading omnichain interoperability protocol LayerZero, to further broaden the reach of LayerZero’s interoperability solution across various use cases in the digital asset space.
Crypto Macro|Donald Trump Site Lists Limited-Edition 'Bitcoin Sneakers' for as Much as $500 a Pair(Aug 1)
The most expensive bright orange, high-top sneakers are already sold out and being relisted on eBay for as high as $2,500.
Meme|X suspends account that let users launch memecoins from an X post(Aug 1)
Elon Musk’s social media platform X has suspended an account that enabled users to create memecoins with a single post.
An account called “makenowmeme” with 15,000 followers has been suspended for purportedly violating its rules, users on X discovered on Aug. 2.
Weekly NFT Marketplace Trading Volume Across Major Blockchains 📣
Over the past week, the NFT marketplaces reduced to a total volume of $90.4 million in total. ETHEREUM surpassed Polygon again and retake its 1st rank, with 45% market share.
Credit to : @NFTpulse