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        <title><![CDATA[Stories by Infinity Art on Medium]]></title>
        <description><![CDATA[Stories by Infinity Art on Medium]]></description>
        <link>https://medium.com/@infty_art_?source=rss-40d6127b22b7------2</link>
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            <title>Stories by Infinity Art on Medium</title>
            <link>https://medium.com/@infty_art_?source=rss-40d6127b22b7------2</link>
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            <title><![CDATA[Is XCOPY The New Beeple? — December, 12]]></title>
            <link>https://medium.com/infinity-art/is-xcopy-the-new-beeple-december-12-a9e8fbe649e5?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/a9e8fbe649e5</guid>
            <category><![CDATA[nft-marketplace]]></category>
            <category><![CDATA[analytics]]></category>
            <category><![CDATA[nft-collectibles]]></category>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[nftart]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Thu, 16 Dec 2021 09:05:54 GMT</pubDate>
            <atom:updated>2021-12-16T09:05:54.769Z</atom:updated>
            <content:encoded><![CDATA[<h3>Is XCOPY The New Beeple? — December, 12</h3><p>Sales in the Art category have increased by almost 1.5 times over the week. As for the Collectibles category, total sales over the course of the past week have slightly decreased compared to the previous week.</p><p>The SuperRare collection and the work by XCOPY, which was sold for $7,062,496.00 (1,600 ETH at that time) is yet again in the top in the Art category. It is worth noting that the work was last purchased 10 months ago for only $174,159.81 (99 ETH at that time). Its price has thus increased by 41 times over the period! This work is the artist’s most expensive sale to date, according to <a href="https://cryptoart.io/artist/xcopy">CryptoArt</a>.</p><ol><li><strong>XCOPY, Right-click and Save As guy,</strong> <em>source: </em><a href="https://opensea.io/assets/0x41a322b28d0ff354040e2cbc676f0320d8c8850d/1154"><em>https://opensea.io/assets/0x41a322b28d0ff354040e2cbc676f0320d8c8850d/1154</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/501/0*lCRqN1SSeojycDS2" /></figure><p>The CryptoPunks are back in the top in the Collectibles category. CryptoPunk #4156 was sold for $10,256,825.00 (2500 ETH at that time). And that is again the record! At the moment, this is the most expensive of all CryptoPunks ever sold.</p><p>2. <strong>CryptoPunk #4156</strong>, <em>source: </em><a href="https://opensea.io/assets/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/4156"><em>https://opensea.io/assets/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/4156</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/336/0*9RCEMVwFti3T3NYy" /></figure><p>Despite the massive sales, OpenSea’s daily market volume ranged from $50 million to $65 million throughout the week, according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">DappRadar</a>, which is significantly lower than the averages of last week and the week before the last.</p><p>We will monitor the situation and hope that new records will have a positive effect on the future state of the NFT market!</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=a9e8fbe649e5" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/is-xcopy-the-new-beeple-december-12-a9e8fbe649e5">Is XCOPY The New Beeple? — December, 12</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Another Victory in The Global Ranking: NFT — #1 in POWER100 — December, 5]]></title>
            <link>https://medium.com/infinity-art/another-victory-in-the-global-ranking-nft-1-in-power100-december-5-66d49ab3bb97?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/66d49ab3bb97</guid>
            <category><![CDATA[nftart]]></category>
            <category><![CDATA[nft-collectibles]]></category>
            <category><![CDATA[analytics]]></category>
            <category><![CDATA[nft]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Fri, 10 Dec 2021 08:53:19 GMT</pubDate>
            <atom:updated>2021-12-10T08:53:19.235Z</atom:updated>
            <content:encoded><![CDATA[<h3>Another Victory in The Global Ranking: NFT — #1 in POWER100 — December, 5</h3><p>Good news, as sales in the Collectibles category have increased by almost 150% over the week, and have almost doubled in the Art category.</p><p>A work from the SuperRare collection by the artist XCOPY is the Top in the Art category for the second week running after having been sold on December 5th for $1,502,273.50 (356,061 ETH at that time).</p><ol><li><strong>XCOPY, Decay,</strong> <em>source: </em><a href="https://opensea.io/assets/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/30801"><em>https://opensea.io/assets/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/30801</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/503/0*fOjmfPNAq0a1-X53" /></figure><p>CryptoPunk #9137, which was bought for $1,248,519.00 (300 ETH at that time) on December 5th, is in the top in the Collectibles category.</p><p>2. <strong>CryptoPunk #9137</strong>, <em>source: </em><a href="https://opensea.io/assets/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/9137"><em>https://opensea.io/assets/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/9137</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/336/0*lsMW6hbq1CRJ_3G2" /></figure><p>Daily sales volumes on the OpenSea marketplace have been fluctuating wildly again all over the given period. On November 29th, sales totaled over $93 million. At the same time, on December 4th, daily volumes dropped to less than $50 million, according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">DappRadar</a>.</p><p>One of the main pieces of news of the week is the victory of NFTs in the yet another global ranking. The international magazine on contemporary art ArtReview awarded NFTs the first place in the <a href="https://artreview.com/power-100/">POWER 100</a> rating. The POWER 100 includes the most influential phenomena that have taken place in the art world over the past year. Here’s fingers crossed that Non-Fungible Tokens will not give up their positions in the coming year 2022.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=66d49ab3bb97" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/another-victory-in-the-global-ranking-nft-1-in-power100-december-5-66d49ab3bb97">Another Victory in The Global Ranking: NFT — #1 in POWER100 — December, 5</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Digital Revolution Inbound: NFTs Have Been Recognized as The Main Word of 2021 — November, 28]]></title>
            <link>https://medium.com/infinity-art/digital-revolution-inbound-nfts-have-been-recognized-as-the-main-word-of-2021-november-28-dd02ce97563a?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/dd02ce97563a</guid>
            <category><![CDATA[nft-collectibles]]></category>
            <category><![CDATA[analytics]]></category>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[nftart]]></category>
            <category><![CDATA[nft-marketplace]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Fri, 03 Dec 2021 17:19:16 GMT</pubDate>
            <atom:updated>2021-12-03T17:19:16.420Z</atom:updated>
            <content:encoded><![CDATA[<h3>Digital Revolution Inbound: NFTs Have Been Recognized as The Main Word of 2021 — November, 28</h3><p>Sales in the Art category have halved and fallen in volume by as much as three times in the Collectibles category.</p><p>The situation on the OpenSea marketplace is unstable again. At the beginning of the week, on November 22nd, daily market volumes were leaning closer to $100 million ($91.37 million to be more precise). A decline followed, but the market began to recover by the end of the week on November 28th, and daily volumes amounted to $78.2 million, according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">DappRadar</a>.</p><p>The SuperRare project and the Hypermorph artwork by artist neurocolor managed to storm into the top of the list in the Art category after having beaten competitor ArtBlocks. The work was sold on November 26th for $92,942.05 (20.6 ETH at that time).</p><ol><li><strong>neurocolor, Hypermorph</strong>, <em>source: </em><a href="https://opensea.io/assets/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/30543"><em>https://opensea.io/assets/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/30543</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/505/0*gOhI-aPNhsqjZyEc" /></figure><p>The monkeys are back in the Top Collectibles category. Drop Bored Ape #9449 was sold on November 27th for $1,194,600.30 (285 ETH at that time).</p><p>2. <strong>Bored Ape #9449</strong>, <em>source: </em><a href="https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/9449"><em>https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/9449</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/600/0*ghvEUUrRJ9urpTqp" /></figure><p>Moving on to other news of this week,<a href="https://www.bbc.com/news/newsbeat-59401046"> Collins Dictionary recognized</a> the abbreviation ‘NFT’ as the word of the year 2021. According to British lexicologists, NFTs won the crown, as this type of token is associated with one of the main trends of 2021 — the digital revolution. And while NFTs are continuing their adoption throughout the world, the marketplaces are trying to facilitate communication between the representatives of the crypto community and are introducing new features. <a href="https://twitter.com/rarible/status/1463204635624230916">Rarible recently launched</a> a message exchange function for marketplace users. The new messenger introduced onto the platform can even be used to communicate using a crypto wallet address.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=dd02ce97563a" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/digital-revolution-inbound-nfts-have-been-recognized-as-the-main-word-of-2021-november-28-dd02ce97563a">Digital Revolution Inbound: NFTs Have Been Recognized as The Main Word of 2021 — November, 28</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Unexpected Closure Of The Hic Et Nunc Marketplace, The Opening Of The Embassy Of Barbados In a…]]></title>
            <link>https://medium.com/infinity-art/unexpected-closure-of-the-hic-et-nunc-marketplace-the-opening-of-the-embassy-of-barbados-in-a-e9c5f3dcf168?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/e9c5f3dcf168</guid>
            <category><![CDATA[nftcollectables]]></category>
            <category><![CDATA[nftart]]></category>
            <category><![CDATA[nftcommunity]]></category>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[analytics]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Wed, 24 Nov 2021 07:36:31 GMT</pubDate>
            <atom:updated>2021-11-24T07:36:31.396Z</atom:updated>
            <content:encoded><![CDATA[<h3>Unexpected Closure Of The Hic Et Nunc Marketplace, The Opening Of The Embassy Of Barbados In a Metaverse And Other News From The NFT Space — November, 21</h3><p>Sales in the Art category have decreased slightly, while the market of the Collectibles category has increased by almost 1.5 times.</p><p>As we have written earlier, daily sales on the OpenSea marketplace were at a level of about $100 million by the end of last week (November 14), according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">DappRadar</a>. This week, the indicator is just as close to that amount, as recorded between November 16th and the 17th. It should be noted that the market is in an unstable state with several sharp ups and downs recorded during the course of the week.</p><p>The growth in the Collectibles market has been driven by strong sales of the Bored Ape Yacht Club collection as of last week. Bored Ape #86 was sold on November 17th and it now occupies the sixth position among the most expensive collection sales and crowns the TOP sales in the Collectibles category over the course of the week. The work was sold for 450.01 ETH ($1,900,464.23 at that time).</p><ol><li><strong>Bored Ape #86</strong>, <em>source: </em><a href="https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/8650"><em>https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/8650</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/500/0*QkVbxVLOu0Dqwsxs" /></figure><p>Fidenza #891 in the Art category is in the TOP for the week, sold for 115 ETH ($482,660.75 at that time) on November 17th.</p><p>2. <strong>Fidenza #891</strong>, <em>source: </em><a href="https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000891"><em>https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000891</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/416/0*9XvIO4-udqGkfvrN" /></figure><p>Let us move on to other interesting events in the world of NFT and start with the funniest. One of the top digital art marketplaces, Hic et nunc, suddenly shut down. There is still no official statement on the reasons for the closure in the project’s <a href="https://twitter.com/hicetnunc2000">Twitter account</a>, however, the website of the marketplace is defunct. Users have no reason to worry about their NFTs, as all transaction records are saved on the Tezos blockchain. However, users will not be able to use the marketplace further for selling and buying drops. Moving on to more pleasant news, the metaverse has again become the center of attention. The <a href="https://barbadostoday.bb/2021/11/18/stir-over-barbados-metaverse-embassy/">news</a> that Barbados will be the first country in the world to have its own embassy in the metaverse went viral. The opening of such an embassy is scheduled for January of 2022, but for now, the country’s Ministry of Foreign Affairs is embroiled in the final stages of legal approvals for such a venture.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=e9c5f3dcf168" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/unexpected-closure-of-the-hic-et-nunc-marketplace-the-opening-of-the-embassy-of-barbados-in-a-e9c5f3dcf168">Unexpected Closure Of The Hic Et Nunc Marketplace, The Opening Of The Embassy Of Barbados In a…</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Metaverse As a New Trend: How The Fad For Virtual Worlds Is Giving The NFT Market a Comeback —…]]></title>
            <link>https://medium.com/@infty_art_/metaverse-as-a-new-trend-how-the-fad-for-virtual-worlds-is-giving-the-nft-market-a-comeback-92be73534a78?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/92be73534a78</guid>
            <category><![CDATA[nft-collectibles]]></category>
            <category><![CDATA[nftart]]></category>
            <category><![CDATA[analytics]]></category>
            <category><![CDATA[nft-marketplace]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Wed, 17 Nov 2021 07:36:06 GMT</pubDate>
            <atom:updated>2021-11-17T07:36:06.360Z</atom:updated>
            <content:encoded><![CDATA[<h3>Metaverse As a New Trend: How The Fad For Virtual Worlds Is Giving The NFT Market a Comeback — November, 14</h3><p>We delve back into the realm of in-depth analytics two weeks later with good news as the market in the Art and Collectibles categories has doubled over the period from October 24th to November 14th.</p><ol><li><strong>Weekly sales volume from October 24th to November 14th in the Art category</strong>, <em>source: </em><a href="https://nonfungible.com/market/history."><em>https://nonfungible.com/market/history</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*ZXOB_TCbF0rwNA3Z" /></figure><p>2. <strong>Weekly sales volumes from October 24th to November 14th in the Collectibles category</strong>, <em>source: </em><a href="https://nonfungible.com/market/history."><em>https://nonfungible.com/market/history</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*GR7Jd6Wi1Ilxlo6d" /></figure><p>In the period from November 31st to November 14th, the top-selling item in the Art category was a work from the ArtBlocks Ringers #139 collection, which was sold for $1,052,048.25 (225 ETH).</p><p>3. <strong>Dmitri Cherniak, Ringers #139, </strong><em>source: </em><a href="https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/13000139"><em>https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/13000139</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/500/0*SmmqGfcDJ1VO6kgb" /></figure><p>The most expensive sale in the Collectibles category during the stated period turned out to be CrypoPunk #561, whopping at $2,389,125.00 (500 ETH).</p><p>4. <strong>CrypoPunk #561</strong>, <em>source: </em><a href="https://opensea.io/assets/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/561"><em>https://opensea.io/assets/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/561</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/336/0*2DA0CwtM_S8aHax0" /></figure><p>The OpenSea marketplace has also seen some significant gains in the week of November 7th to the 14th. The period from November 13th to the 14th has seen daily market figures closing in at $100 million, according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">DappRadar</a>. The last time such sales volumes were noted was about a month ago. Spurring such a massive spike in sales on the marketplace is the exploding interest in the Bored Ape Yacht Club collection, driven by several factors. First, the record label Universal Music Group <a href="https://dappradar.com/blog/universal-music-creates-virtual-band-with-bored-ape-nfts">announced</a> the creation of a Gorillaz-style metaverse called Kingship. The group’s avatars are based on renowned collector <a href="https://twitter.com/j1mmyrs">j1mmy’s</a> NFT of the Bored Ape Yacht Club. Secondly, hip-hop producer Timbaland also<a href="https://www.billboard.com/articles/business/tech/9659582/timbaland-bored-ape-yacht-club-music-company/"> announced</a> plans to create an avatar metaverse based on the Bored Ape Yacht Club.</p><p>5. <strong>Daily sales of the Bored Ape Yacht Club collection</strong>, <em>source: </em><a href="https://nonfungible.com/market/history/boredapeclub"><em>https://nonfungible.com/market/history/boredapeclub</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*uAkEAdbPHp1LVQQc" /></figure><p>Moving on with the topic of NFT integrations and the expansion of metaverses into the products of major global brands, it is worth noting that Nike <a href="https://www.forbes.com/sites/kimberleespeakman/2021/11/02/virtual-nikes-shoe-giant-follows-facebook-into-the-metaverse/?sh=52bc01c04819">announced</a> its desire to create its own metaverse. It looks like the company is gearing up to launch virtual apparel and sneakers and integrate them into its proprietary metaverse. Microsoft is also keeping up with the trends, as the company <a href="https://www.microsoft.com/en-us/mesh">is preparing the release</a> of its own virtual world called Microsoft Mesh, which will allow participants to communicate in a digital environment.</p><p>As we can see, the trend of virtual worlds is rapidly gaining momentum and is attracting the interest of large trendsetter companies. All of these factors cannot but have a favorable effect on NFT sales. Let’s keep abreast of market dynamics and stay tuned to its rhythm.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=92be73534a78" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[The decline of the era of generative art: Art Blocks sales fall, while the market for rare digital…]]></title>
            <link>https://medium.com/infinity-art/the-decline-of-the-era-of-generative-art-art-blocks-sales-fall-while-the-market-for-rare-digital-19c55231bad0?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/19c55231bad0</guid>
            <category><![CDATA[analytics]]></category>
            <category><![CDATA[nft-collectibles]]></category>
            <category><![CDATA[nftart]]></category>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[nft-marketplace]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Mon, 01 Nov 2021 08:40:37 GMT</pubDate>
            <atom:updated>2021-11-01T08:40:37.892Z</atom:updated>
            <content:encoded><![CDATA[<h3>The decline of the era of generative art: Art Blocks sales fall, while the market for rare digital art grows — October, 31</h3><p>The digital art market continues to decline. Market volumes in the Collectibles category have also declined again after a slight increase over the course of last week. However, the NonFungible site, unfortunately, does not take into account some sales taking place at the moment, for example, the auction at Sotheby’s, which will be discussed further on.</p><p>Top rated Art — Dmitri Cherniak Self Portrait #1, sold for $2.68 million on October 26 at Sotheby’s.</p><ol><li><strong>Dmitri Cherniak, Self Portrait #1</strong>, <em>source: </em><a href="https://metaverse.sothebys.com/natively-digital/lots/self-portrait-1"><em>https://metaverse.sothebys.com/natively-digital/lots/self-portrait-1</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/1000/0*KrujD7sxqlztsgy4" /></figure><p>Top Collectible — Bored Ape Yacht Club #8817. The drop was sold on October 26th for over $3.4 million at the same auction as the previous work. The NFT is considered rare as monkeys with golden fur make up less than 1% of the entire collection.</p><p>2. <strong>Bored Ape Yacht Club #8817</strong>, <em>source: </em><a href="https://metaverse.sothebys.com/natively-digital/lots/bored-ape-8817"><em>https://metaverse.sothebys.com/natively-digital/lots/bored-ape-8817</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/631/0*M0xVfFGMdDp_TXWa" /></figure><p>In general, the<a href="https://metaverse.sothebys.com/"> Sotheby’s Natively Digital 1.2 auction</a>, which took place from the 18th to the 26th of October, ended very well. For all the time, 1,500 bids were made and total sales amounted to $18.6 million, <a href="https://forkast.news/headlines/sothebys-first-metaverse-auction-nft-record/?utm_source=facebook&amp;utm_medium=Zoho+Social">Forkast News </a>reports.</p><p>More variety can be expected in the digital art market in the near future as the Art Blocks collection, which has been at the top of sales for a long time, began to fall in price. At the same time, the market for rare digital art at SuperRare is confidently catching up with the collection of generative art in terms of weekly sales, despite the general decline in the mart market. Generative art collection sales fell by 33% over the week, while SuperRare sales increased by 11%.</p><p>3. <strong>Market volume for the week of October 24th to October 31st by categories ArtBlocks and SuperRare</strong>,<em> source: </em><a href="https://nonfungible.com/market/history"><em>https://nonfungible.com/market/history</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*W8GmVPBmxHPM_llH" /></figure><p>Sales are continuing to dwindle on the OpenSea platform. The highest daily sales value over the course of the week stands at $56.31 million (October 24th), according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">DappRadar</a>.</p><p>The previous week was ripe with important news in the world of NFTs. One such news pertained to the renaming of Facebook to Meta, demonstrating the company’s new focus on metaverses.<a href="https://decrypt.co/84721/facebook-metaverse-new-company-name-meta-nft"> It was also announced to support NFTs</a> and to facilitate their sale and use in the company’s activities in the future.</p><p><a href="https://www.theverge.com/2021/10/26/22745506/adobe-nft-art-theft-content-credentials-opensea-rarible-photoshop">Adobe also decided to support NFT technology</a> as the company introduced a Photoshop function that allows users to prepare images in the form of NFTs with the inclusion of data about the created content, which will subsequently be displayed on marketplaces.</p><p>The week turned out to be extremely fruitful in terms of various events that have positively affected the mass adoption of NFTs as one of the leading technologies of the 21st century.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=19c55231bad0" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/the-decline-of-the-era-of-generative-art-art-blocks-sales-fall-while-the-market-for-rare-digital-19c55231bad0">The decline of the era of generative art: Art Blocks sales fall, while the market for rare digital…</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[New Opportunities For Artists: Lazy Minting From Rarible — October, 24]]></title>
            <link>https://medium.com/infinity-art/new-opportunities-for-artists-lazy-minting-from-rarible-october-24-bb5a0fb62ab1?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/bb5a0fb62ab1</guid>
            <category><![CDATA[nft-marketplace]]></category>
            <category><![CDATA[analytics]]></category>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[nft-collectibles]]></category>
            <category><![CDATA[nftart]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Wed, 27 Oct 2021 09:02:41 GMT</pubDate>
            <atom:updated>2021-10-27T09:02:41.288Z</atom:updated>
            <content:encoded><![CDATA[<h3>New Opportunities For Artists: Lazy Minting From Rarible — October, 24</h3><p>Sales in both categories have remained virtually unchanged over the week. Still, the digital Art market shrank slightly, while the Collectibles market rallied just as much.</p><p>The most expensive sales of the week include representatives of the same collections as last week, namely the Bored Ape Yachts Club and Art Blocks.</p><p>Top Collectibles — Bored Ape #8585, sold on October 19th for $2,705,138.81. At the moment, this token ranks second in value among all sales in the collection.</p><ol><li><strong>Bored Ape #8585</strong>, <em>source: </em><a href="https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/8585"><em>https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/8585</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/500/0*crSwvgvC2xSmRbFI" /></figure><p>Top rated Art Fidenza #30 by Tyler Hobbs (Art Blocks collection), sold on October 20th for $760,341.19.</p><p>2. <strong>Fidenza #30</strong>, <em>source: </em><a href="https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000030"><em>https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000030</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/416/0*iD_5L0OuBr17EbSp" /></figure><p>Sales on OpenSea this week were significantly lower than during previous periods. The highest daily sales over the course of the week were recorded on October 18th, standing at $71.75 million, according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">Dapp Radar.</a></p><p>3. <strong>Announcement of the lazy minting function on the Rarible Twitter account</strong>, <em>source: </em><a href="https://twitter.com/rarible/status/1450109587705761794?s"><em>https://twitter.com/rarible/status/1450109587705761794?s</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/891/0*jHJESSDm7OP320Td" /></figure><p>Great news for artists! <a href="https://rarible.com/">The Rarible marketplace</a> launched the Lazy Minting feature on October 18th, which allows NFT minting for free. Under the given feature, the buyer pays the gas commission directly at the time of the transaction. Previously, this feature was only available on the OpenSea marketplace. Read our NFT guide for more information on paying for gas on different marketplaces and the Lazy Minting features.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=bb5a0fb62ab1" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/new-opportunities-for-artists-lazy-minting-from-rarible-october-24-bb5a0fb62ab1">New Opportunities For Artists: Lazy Minting From Rarible — October, 24</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Another NFT Market Slump.]]></title>
            <link>https://medium.com/infinity-art/another-nft-market-slump-f7a3a48be286?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/f7a3a48be286</guid>
            <category><![CDATA[analytics]]></category>
            <category><![CDATA[nft-marketplace]]></category>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[nftart]]></category>
            <category><![CDATA[nft-collectibles]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Wed, 20 Oct 2021 10:17:33 GMT</pubDate>
            <atom:updated>2021-10-20T10:17:33.159Z</atom:updated>
            <content:encoded><![CDATA[<h3>Another NFT Market Slump. Will The Auctions By Tik-Tok And Sotheby’s Help Raise Sales? — October, 17</h3><p>Sales in the Art category have decreased by 1.5 times compared to the previous week, and by more than double in the Collectibles category.</p><p>Top Collectibles — Bored Ape #5199, sold for 425 ETH (over $1.5 million at that time) on October 14th. At the moment, this token is in the top 5 sales in the collection.</p><ol><li><strong>Bored Ape #5199</strong>, <em>source: </em><a href="https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/5199"><em>https://opensea.io/assets/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/5199</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/631/0*pi0nCgrCoD74Fxjk" /></figure><p>Top sales in the Art category — Fidenza #679 from the Art Blocks collection, sold for 200 ETH ($774,766.00 at that time) on October 15th.</p><p>2. <strong>Fidenza #679</strong>, <em>source: </em><a href="https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000679"><em>https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000679</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/416/0*sn3wD3uGbrTF0o7D" /></figure><p>OpenSea’s market size has also declined over the course of the week. Last week, almost all daily marketplace volumes had exceeded $100 million. This week, not a single day managed to showcase such a threshold, as the maximum market volume, according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">DappRadar</a>, was recorded on October 13th and amounted to a mere $97.97 million.</p><p>The main event of this week was the start of the <a href="https://tiktok.immutable.com/">first NFT auction from Tik-Tok</a>. On October 18th, one drop from <a href="https://www.tiktok.com/@curtisroach?lang=en&amp;is_copy_url=1&amp;is_from_webapp=v2">@CurtisRoach</a> x <a href="http://coinartist.io/">COIN ARTIST</a> <a href="https://tiktok.immutable.com/drop/curtisroach/1">BORED IN THE DISTRICT</a> was sold for 0.1336 ETH (~ $500 at that time). Another drop from <a href="https://www.tiktok.com/@curtisroach?lang=en&amp;is_copy_url=1&amp;is_from_webapp=v2">@CurtisRoach</a> <a href="https://tiktok.immutable.com/auction/curtisroach/1569">BORED IN THE HOUSE</a> was also up for auction. On October 18th, the maximum price set on it was 25 ETH. Another important piece of news was the launch of the <a href="https://metaverse.sothebys.com/">Sotheby’s Metaverse NFT platform</a> from the Sotheby’s auction house. The first auction, titled “Natively Digital 1.2: The Collectors”, will take place from the 18th to the 26th of October.</p><p>We will monitor the sales of both auctions and let you know how they go down!</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=f7a3a48be286" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/another-nft-market-slump-f7a3a48be286">Another NFT Market Slump.</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[Characters from game universes, humanoid creatures and copies of cryptopunks — what’s trending in…]]></title>
            <link>https://medium.com/infinity-art/characters-from-game-universes-humanoid-creatures-and-copies-of-cryptopunks-whats-trending-in-b23fcc05de64?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/b23fcc05de64</guid>
            <category><![CDATA[nft-collectibles]]></category>
            <category><![CDATA[nft-marketplace]]></category>
            <category><![CDATA[nftart]]></category>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[analytics]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Fri, 15 Oct 2021 09:52:12 GMT</pubDate>
            <atom:updated>2021-10-16T08:37:15.204Z</atom:updated>
            <content:encoded><![CDATA[<h3>Characters from game universes, humanoid creatures and copies of CryptoPunks — what’s trending in the world of NFTs? — September, 2021</h3><p>The distribution of sales between marketplaces has not changed in any way since last month as sales on OpenSea still account for 97% of all market volumes, while SuperRare, Foundation and NiftyGateway account for about 1% each. Other marketplaces like MakersPlace, KnownOrigin and AsyncArt account for less than 1% of all token sales.</p><p><strong>1.1 Sales volumes by marketplace</strong>, <em>source: </em><a href="https://www.theblockcrypto.com/data/nft-non-fungible-tokens/marketplaces;"><em>https://www.theblockcrypto.com/data/nft-non-fungible-tokens/marketplaces;</em></a><em> </em><a href="https://cryptoart.io/data"><em>https://cryptoart.io/data</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*VCYeS-Fqt00OvHqe" /></figure><p><strong>1. Art Category</strong></p><p>As for digital art sales, their number by category has decreased by 3 times this month, compared to August, and reached 43,760 transactions per month. The number of secondary market sales in the category has decreased by 10%, and the ratio of primary and secondary sales is currently as follows — 56% (24,373) and 44% (19,387), respectively.</p><p>1.2 <strong>Number of Art Sales</strong>, <em>source: </em><a href="https://nonfungible.com/market/history"><em>https://nonfungible.com/market/history</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*rjZCZq0FbG9d0-re" /></figure><p>Sales volumes have also halved in comparison with the previous month. At the end of September, they amounted to $356,462,366. The percentage of secondary market sales has also decreased, however, there are still significantly more of them on the market. In September, secondary sales accounted for 71% ($252,714,961), while primary sales accounted for 29% (103,747 $405).</p><p>1.3 <strong>Art Sales ($)</strong>, <em>source: </em><a href="https://nonfungible.com/market/history"><em>https://nonfungible.com/market/history</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*bO98gvZRn--sICCK" /></figure><p>The number of active wallets, as well as sellers and buyers in the category has also decreased by about 2.5 times.</p><p>1.4 <strong>Number of active wallets in the Art category</strong>, <em>source: </em><a href="https://nonfungible.com/market/history"><em>https://nonfungible.com/market/history</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*s6-DUVEeSzOAc6OW" /></figure><p><strong>2. Collectibles Category</strong></p><p>In the Collectibles category, sales have fallen even more dramatically. Compared to August, the number of tokens sold has decreased by 5 times and currently stands at 113,759 units. An interesting fact is that the number of sales in the secondary market has increased by 30% compared to the previous month. The ratio of sales is now as follows: 92% (105,110 units) account for secondary sales and only 8% (8,649 units) account for primary sales. This trend can be explained by two suppositions that complement each other: 1) buyers were afraid of a market meltdown and are starting to sell off their NFT assets; 2) traders are starting to buy up tokens in anticipation of a new rise, which, we are sure, is just around the corner.</p><p>2.1 <strong>Number of sales by category Collectibles</strong>, <em>source: </em><a href="https://nonfungible.com/market/history"><em>https://nonfungible.com/market/history</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*Q__RSWESyXkho5jr" /></figure><p>As for the total volume of sales for the month, it has decreased by 3 times and amounts to $789,024,556. The share of secondary sales increased by 6%. The ratio of primary and secondary sales is as follows: 94% ($738,348,478) are secondary sales and 6% ($50,676,078) are primary sales.</p><p>2.2 <strong>Sales volume ($) in the Collectibles category</strong>, <em>source: </em><a href="https://nonfungible.com/market/history"><em>https://nonfungible.com/market/history</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*2LcdnKQHQTqgucq2" /></figure><p>The number of buyers in the category has decreased by 3 times, while the number of active wallets and sellers has halved.</p><p>2.3 <strong>Number of active wallets in the Collectibles category</strong>, source: <a href="https://nonfungible.com/market/history">https://nonfungible.com/market/history</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*ilRsuHzVqtUhTu6k" /></figure><p><strong>3. Trends </strong>(material based on data from <a href="https://tryshowtime.com/trending">https://tryshowtime.com/trending</a> and <a href="https://nonfungible.com/market/history)">https://nonfungible.com/market/history)</a></p><p>New section in our monthly report: analysis of NFT market trends in the Art and Collectibles categories.</p><p>In September, the following trends emerged that are worthy of attention in the future when creating and selling NFTs.</p><p>In the Art category, one of the most important trends is 3D / 2D animation. Static pictures attract less attention, as they feature fewer dynamics and opportunities to catch the viewer’s attention, tell a story, reveal the character of the hero, and create the right atmosphere. 3D animation is more interesting, realistic and difficult to create, but using 2D animation also makes it possible to animate the token and make it stand out before static images. An example of this is the work by artist Josie, Everything’s Fine #3/21. The work contains both 2D and 3D animation, which showcases the dynamism of the transition from the era of paper dollars to digital cryptocurrency (bitcoin). The token was created over a year ago and originally cost $250. Since then, the price has gradually increased, but the price hike happened in September, when the work was bought for $85,000 by the famous NFT collector <a href="https://twitter.com/Pranksy">Pranksy</a>. Thus, the price of the token has grown by 340 times.</p><p>3.1<strong> Excerpt from Josie, Everything’s Fine #3/21</strong>, <em>source with full work: </em><a href="https://niftygateway.com/marketplace?collection=0x083ff667415ed1be3bbdc847c829cbebe38c6140&amp;tokenId=100010003"><em>https://niftygateway.com/marketplace?collection=0x083ff667415ed1be3bbdc847c829cbebe38c6140&amp;tokenId=100010003</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/896/0*TfYOyRuIJogTYC5_" /></figure><p>Other popular motives are associated with game universes and characters from comics or those drawn in the style of comic books. An example is the work of famous DJ Steve Aoki, Gate Keepers #41/100, reminiscent of the style of the Star Wars trilogy or the WarCraft game (one of its versions bore the same name). The work was created about 5 months ago and cost only $1. During September, it was bought twice, first for $338, and then for $1250. Thus, the price increased by 1,250 times.</p><p>3.2 <strong>Snippet of Steve Aoki’s work, Gate Keepers #41/100</strong>,<em> source with full work version: </em><a href="https://niftygateway.com/marketplace?collection=0x6300bce9835e8d3b41b08171778f7fce25e5eb00&amp;tokenId=52400010041"><em>https://niftygateway.com/marketplace?collection=0x6300bce9835e8d3b41b08171778f7fce25e5eb00&amp;tokenId=52400010041</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/592/0*WWivhiQntb1Ax3IN" /></figure><p>The next trend is anthropomorphism. The use of an image of a person or humanoid creatures, especially in combination with 3D animation, makes the work attractive. One example is Strange Loops #6/20 with alternating humanoid images, which was created by Sophia the Robot. The work was released about 3 months ago and had an initial price of $3 for each of its versions. In September, two different versions of the work were bought for $5,000 each. Thus, the price swelled by 1,667 (!) times.</p><p>3.3<strong> Sophia the Robot work excerpt, Strange Loops #6/20</strong>, <em>source with full work: </em><a href="https://niftygateway.com/marketplace?collection=0x0daf14359b443328f117f895642868fad432e5e6&amp;tokenId=64500040006"><em>https://niftygateway.com/marketplace?collection=0x0daf14359b443328f117f895642868fad432e5e6&amp;tokenId=64500040006</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*6uaULpSLyxgyKRym" /></figure><p>Speaking of the trends seen in September, it is worth noting generative art, which has been in the top of the category for several months and is being sold for hundreds of thousands and millions of dollars. We find it logical to focus on the less expensive segment of the market, which is accessible to the majority of artists and collectors.</p><p>A sort of trend in the Collectibles category is to imitate the collections that have been in the top charts for a long time. For example, everyone’s favorite CryptoPunks. In September, the <a href="https://www.cyberkongz.com/">CyberKongz collection</a> started gaining popularity. These pixel images of the King Kong monkey with various attributes made in the style of CryptoPunks are quite popular. The volume of token sales in this collection has doubled since August, and at the time of writing, in October, demand was only increasing.</p><p>3.4 <strong>An example of one of the most expensive pieces of the collection sold in September: CyberKong #186</strong>,<em> source: </em><a href="https://www.cyberkongz.com/kong/186"><em>https://www.cyberkongz.com/kong/186</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/680/0*7Lm7B1e5ARP-pABH" /></figure><p>In addition, the popularity of collectibles with cartoon animals and meme heroes is growing too. An example is the collection from the <a href="https://www.cryptokitties.co/">CyptoKitties game.</a> Sales volumes of the collection have tripled in September.</p><p>3.5 <strong>Most expensive item in the collection (made in September 2021): CryptoKitties #40</strong>, <em>source: </em><a href="https://www.cryptokitties.co/kitty/40"><em>https://www.cryptokitties.co/kitty/40</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/500/0*yvAjoNAFC2E0xNjf" /></figure><p>The Infinity Art team cannot guarantee that the aforementioned collections and works will remain in trend and will continue to grow in value. However, we assume that the general directions and trends seen during September will remain popular over the course of the next month.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b23fcc05de64" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/characters-from-game-universes-humanoid-creatures-and-copies-of-cryptopunks-whats-trending-in-b23fcc05de64">Characters from game universes, humanoid creatures and copies of cryptopunks — what’s trending in…</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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            <title><![CDATA[CyberKongs — The New Competitors Of Cryptopunks? — October, 10]]></title>
            <link>https://medium.com/infinity-art/cyberkongs-the-new-competitors-of-cryptopunks-october-10-50ac5b71399?source=rss-40d6127b22b7------2</link>
            <guid isPermaLink="false">https://medium.com/p/50ac5b71399</guid>
            <category><![CDATA[nft-collectibles]]></category>
            <category><![CDATA[nftart]]></category>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[analytics]]></category>
            <category><![CDATA[nft-marketplace]]></category>
            <dc:creator><![CDATA[Infinity Art]]></dc:creator>
            <pubDate>Tue, 12 Oct 2021 14:28:32 GMT</pubDate>
            <atom:updated>2021-10-12T14:28:32.820Z</atom:updated>
            <content:encoded><![CDATA[<h3>CyberKongs — The New Competitors Of Cryptopunks? — October, 10</h3><p>Sales in the Art category have witnessed a threefold decrease in sales compared to the previous week, while the decline has been less noticeable in the Collectibles category (less than 10% percent compared to the previous week).</p><p>In the top of the Collectibles category is yet another cryptopunk that was sold for 380 ETH ($1,352,268 at the time).</p><ol><li><strong>CryptoPunk #9848</strong>, <em>source: </em><a href="https://opensea.io/assets/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/9848"><em>https://opensea.io/assets/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/9848</em></a></li></ol><figure><img alt="" src="https://cdn-images-1.medium.com/max/336/0*3NoYGkeobLcOhNwz" /></figure><p>The CyberKongs project is of especial note this time. The project brandishes the image of a King Kong as its mascot that has been stylized into a pixelated amalgamation of the Cryptopunks series. The project has gained popularity in October and is now one of the most popular and expensive collections in the category.</p><p>2. <strong>An example of one of the most expensive works sold so far by the CyberKongs project (CyberKong #829)</strong>,<em> source: </em><a href="https://opensea.io/assets/0x57a204aa1042f6e66dd7730813f4024114d74f37/829"><em>https://opensea.io/assets/0x57a204aa1042f6e66dd7730813f4024114d74f37/829</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/680/0*UXOklvoZa4Q-l33k" /></figure><p>In the top of the Art category is the work of Beeple, the most expensive NFT artist at the moment. The token was sold for 715.5 ETH ($2,584,579.19 at that time) on October 6th.</p><p>3. <strong>Beeple, TIME The Future of Business (Beeple Edition)</strong>, <em>source: </em><a href="https://opensea.io/assets/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/24644"><em>https://opensea.io/assets/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/24644</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*Ez7ooV2xkW2AQ4M5" /></figure><p>The OpenSea market is up again. Market volumes have exceeded over $100 million a day for the course of almost the entire week. On October 4th and 5th, they managed to reach $138.97 million and $139.23 million, respectively, according to <a href="https://dappradar.com/ethereum/marketplaces/opensea">DappRadar</a>. Given the fact that the digital art and collectible markets have declined in volume, it is logical to assume that OpenSea has grown largely at the expense of other categories that are currently on the rise. For example, the game industry and the metaverses are among the leaders.</p><p>3. <strong>OpenSea Weekly Market Volume</strong>, <em>source: </em><a href="https://dappradar.com/ethereum/marketplaces/opensea"><em>https://dappradar.com/ethereum/marketplaces/opensea</em></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/960/0*fA8mlKwxNrlA63-E" /></figure><p>When summing up this week, it is important to note the CyberKongs collection, which may become a serious competitor to cryptopunks in the near future. We will keep track of new drops and sales dynamics.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=50ac5b71399" width="1" height="1" alt=""><hr><p><a href="https://medium.com/infinity-art/cyberkongs-the-new-competitors-of-cryptopunks-october-10-50ac5b71399">CyberKongs — The New Competitors Of Cryptopunks? — October, 10</a> was originally published in <a href="https://medium.com/infinity-art">Infinity Art</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
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