Crypto.com NFT Weekly Update (Week 50, 15/12/2021 - 21/12/2021)

NFT sales tumble by 25% on OpenSea. AdidasOriginals NFT collection sells out within minutes.

Key Takeaways

• Adidas ORIGINALS: Into the Metaverse NFT collection sells out within minutes, generating over $23 million (6,000 ETH) in revenue.

• The eCommerce giant Shopify now enables merchants to mint and sell NFTs on its platform. The firm has teamed with GigLabs NFT, a company that specialises in offering tools to create, mint, and trade NFT based on the Flow blockchain.

• OpenSea recorded a -25% decrease in sales and a -25.30% decrease in average price. NBA Top Shot recorded a +111% increase in sales and a +42% increase in transactions.

Crypto.com NFT in the spotlight

• Crypto.com is launching Cryptmas Bingo, with 16 unique digital collectibles featuring iconic Christmas decorations. Users who collect Cryptmas Bingo NFTs before Christmas Day (25 December 2021, 13:00 UTC) will be automatically entered into the Cryptmas Bingo Game for the chance to win a share of USD 200,000+ of CRO and exclusive NFTs!

• With the Whale Life collection, artist Barbara Redekop depicts 5 different Whale personalities that reflect the human entity under a mask of one of the most amazing creatures on Earth.

Highlights

• NBA Top Shot maker Dapper Labs commits $80M for startup acquisitions

• DOGE developer mints first-ever NFT on the Dogecoin blockchain

• Rarible integrates Tezos NFTs

• Nexo launches NFT-backed lending service

• Former US First Lady Melania Trump to launch NFTs on Solana

• GOLD4HK NFT collections set to immortalise Hong Kong’s fencing king Cheung Ka-long, his teammates and their Olympic memories

• RadioShack announces a new DeFi and NFT collection

• Bollywood film ‘83’ takes the NFT route, to drop collection on December 23

• Vodafone auctions world’s first SMS, reading 'Merry Christmas', as NFT for charity

• Instagram ‘actively exploring’ NFT integration, says CEO

• Visa shows interest in crypto & NFT space, believes it can be a boon for SMBs

• Ubisoft will pursue NFT plans despite blowback

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  * OpenSea and NBATopShot data from DappRadar

  * MakerPlace data from NonFungible.com

  * Solanart data from Solanart.io

  * Nifty Gateway data from data mining in Cryptoartpulse.com

  

  * MakerPlace drop data from NonFungible.com

  

  * Collectibles data from CryptoSlam.io

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Top Artists

The following table shows top artists (by primary sales volume on each platform) and their art samples.

Crypto.com. Drop Volume USD 3,000,000+ on Crypto.com NFT.

Raf Grassetti. Drop Volume USD 455,980 on NiftyGateway.

Shadowy Super Coder. Drop Volume USD 1,420,238 on Solanart.

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