Welcome to the weekly summary of hot NFT ecosystem events produced by NFT infrastructure NFTScan.
Period: 2024.11.18~2024.11.24
NFT Hot News
01/ Magic Eden announces the economic model of ME token: total supply 1 billion, 12.5% will be used for the first airdrop at TGE
On November 18, the NFT trading market Magic Eden Foundation announced the token economic model of ME. The total supply of ME is 1 billion, of which more than half will be allocated to the community. In TGE: 12.5% of ME will be used for the first airdrop (fully unlocked at TGE); 37.7% will be allocated to the community and ecosystem; 26.2% will be allocated to contributors; and 23.6% will be allocated to strategic participants.
02/ McDonald’s official Twitter background image updated to Doodles theme
On November 19, McDonald's updated its official background image to the Doodles theme. Foresight News previously reported that fast food giant McDonald's and NFT brand Doodles have reached a cooperation to launch co-branded coffee and collectibles.
03/ Lumoz OG NFT is now available for claiming, and NFT trading function is launched simultaneously
On November 19, the modular computing layer & RaaS platform Lumoz announced that its OG NFT application was officially open to qualified users at 16:00 on November 19. After users apply for NFT, they can freely place orders on NFT trading platforms such as AlienSwap according to their needs. Through Lumoz OG NFT, users can directly exchange esMOZ 1:1 for MOZ after the mainnet is launched, without any lock-up period. Lumoz OG NFT is divided into three different scarcities, and each scarcity corresponds to a different exchange amount.
04/ O’Neal signs $11 million Astral NFT, Galaxy token lawsuit settlement agreement
On November 19, according to DLNews, former NBA star Shaquille O'Neal signed an $11 million settlement agreement for the Astral NFT and Galaxy token lawsuit, covering the plaintiff's attorney fees and cash payments to NFT and token buyers. The settlement agreement is currently awaiting approval by the judge.
05/ The floor price of the NFT series Zereborn increased 71 times in a week, and the floor price rose to 7.155 SOL
On November 19, the floor price of Zereborn, the AI-generated NFT series launched by ZEREBRO on Solana a week ago, has risen to 7.155 SOL, 71 times higher than the issue price of 0.1 SOL. As of now, the total transaction volume of Zereborn is 19,928 SOL, and the market value of ZEREBRO tokens has also exceeded 400 million US dollars.
06/ Vitalik bridges 32 ETH to the Base chain and mints 400 PatronNFTs
On November 19, according to Paidun monitoring, the vitalik.eth tagged address has bridged 32 ETH from the Ethereum mainnet to the Base network and minted 400 Oracle Patron NFTs.
07/ Truemarkets’ public NFT sales completed over 4 million US dollars in financing, Vitalik spent 32 ETH to participate in the minting
On November 22, The Block reported that the decentralized prediction market Truemarkets raised more than $4 million through public NFT sales. It raised $4.03 million by selling 15,071 NFTs, with a minting fee of 0.08 ETH (worth about $250) per NFT. Ethereum co-founder Vitalik Buterin purchased 400 of the NFTs, spending a total of 32 ETH (worth about $107,000). Truemarkets has two types of NFTs: Oracle Patron NFTs and Truth Seeker NFTs. NFT holders are eligible to claim the upcoming asset TRUE tokens in the platform's token generation event.
08/ NFT Series Wifdog Floor Price Rise to 0.258 SOL, Up 273.9% from Minting Price
On November 22, the floor price of Solana NFT series Wifdog rose to 0.258 SOL, an increase of 273.9% since minting (0.069 SOL). In addition, the official said that 50% of the minting income will be used for Best Friends to help animals find homes; 30% will be used to repurchase WIF tokens and will be redistributed to their holders; the remaining SOL will be used to pay platform fees.
09/ Mint Blockchain launches mainnet event “Mint Big Bang” with a total prize pool of 1 million $MINT
On November 22, Mint Blockchain has launched a new mainnet event "Mint Big Bang", which will run from November 18, 2024 to January 18, 2025, with a total prize pool of up to 1 million $MINT. Participation methods include inviting friends to join Mint Forest 3.0, cross-chain ETH to Mint mainnet, and completing designated social tasks. Depending on the level of contribution, participants can receive rewards ranging from 200 to 10,000 $MINT. Mint chain hopes to enhance community consensus through this event, inject more vitality into ecological development, and witness a new chapter in the development of Mint Blockchain.
10/ NFT transaction volume in the past seven days reached US$161.47 million, down 9.3% from last week
On November 24, News.bitcoin reported that NFT transactions in the past seven days reached $161.47 million, down 9.3% from last week. Ethereum NFTs dominated with $51.81 million, while Bitcoin ranked second with $44.48 million. However, Ethereum-based NFT sales fell by 22.27%, followed by Bitcoin NFTs, which fell by 26.07%. Solana NFTs bucked the trend and rose 6.79% to $25.88 million.
NFT on-chain data
01\ NFT multi-chain data overview
As of November 25, 2024, NFTScan currently supports 25 mainstream blockchain networks including Bitcoin, Ethereum, BNBChain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, generating a total of:
Number of NFT contracts: 5,195,969
Number of NFT assets: 2,294,391,147
Number of NFT on-chain records: 7,694,267,698
Total NFT asset market value: $29,815,885,243
NFT historical total transaction volume: $107,345,412,362
02\NFT Trading Market Trends
This week: OpenSea dominated the market, with the overall transaction volume reaching its highest on November 22, with the highest volume of OpenSea reaching $8.861 million at 0:00. NFTScan recorded 233 trading markets with a total transaction volume of $102.9M in 7 days. OpenSea ranked first in transaction volume this week, and the market transaction volume distribution was relatively stable. The top six trading markets and their distribution ratios are as follows:
OpenSea：$33,219,619（32.28%)
Blur：$25,567,284（24.85%）
Element：$14,707,263（14.29%）
CryptoPunks：$9,580,458（9.31%）
Tensor：$5,686,979（5.53%）
MagicEden：$5,236,754（5.09%）
03\Top NFT Blue Chip Trends
The current total market value of the 19 blue-chip contracts is 799,240 ETH, accounting for 20.84% of the total NFT market value.
This week: The total transaction volume of blue-chip NFTs was 10.33k ETH, the total market transaction volume was 19.82k ETH, and the transaction volume reached a maximum of around 2587.78 ETH as of 00:00 on November 22.
04\TOP 10 Wallet
NFTScan analyzed the top 1,000 NFT holding value wallet addresses, and the top 10 holding value are shown in the figure below:
Top 1 Wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
This wallet address holds 4,815 NFTs (including 3 NFT Collections), currently holds 64,785 ETH ($219,134,628.18), and has 7,459 interactions.
05\NFT Project Ranking List
The top 10 NFT projects with the highest transaction volume on the Ethereum network are shown in the figure below:
This week, CryptoPunks ranked first, with the floor price stabilizing at around 37.69e last week, and a 7d transaction volume of 2,834e; Pudgy Penguins ranked second with a transaction volume of 2,460e, and the current floor price is 11.6e; BAYC ranked third with a transaction volume of 1,975e, and the current floor price is 12.1e; the overall market transaction volume and floor price of most blue-chip NFTs showed a downward trend.
06\Popular NFT Express
This week’s popular NFTs are the CryptoPunks series:
Data shows that the current floor price is stable at 37.69 ETH, the highest transaction price is 124,457.07 ETH, and the total transaction volume on Ethereum has exceeded 1.3M ETH. The transaction distribution in the past 7 days was mainly CryptoPunks: 2.83K (100%) units of ETH, and the number of transactions in 7d reached 67 times.
