Tag: Nightly

It was a slow news day for all things NFT, but many of the concurrent stories that have dominated headlines throughout the week thus far have continued on their journeys, as we spectate the progression of MoonBirds, as well as the NBA’s struggling ‘The Association’ project, and more.

Thank goodness it’s Thursday, headed into Friday, with another Nightly Mint.

The Nightly Mint

Latest Mint: MoonBird Criticism

MoonBirds were criticized from the jump about their high mint price, and that isn’t slowing down one bit. There’s increased criticism over the last day regarding MoonBirds being gifted to celebrities and influencers. Nonetheless, price action around the project still remains strong, as the floor is now surged strongly above 30ETH, and volume within the project is still far above any other NFT collection currently. The floor over the past 24 hours (at time of publishing) has risen by over 35%, according to Nansen’s NFT data.

Moonbirds themselves are not to blame, but the mental effects & discouragement in result, is real. High mint price, while everyone else is struggling. Influencers showing off. It’s really taking the inclusiveness away from NFTs. If you’re reading this, just know you aren’t alone.

— NFT Update (@NFTupdate) April 22, 2022

Related Reading | Why A “Boring” Bitcoin Could Be A Good Thing

The UFC's partnership with Dapper Labs runs on the Flow blockchain; UFC fighter Nate Diaz had some choice words surrounding the league's latest NFT release. | Source: FLOW-USD on TradingView.com

Sports & NFT Update: UFC’s Nate Diaz & NBAxNFT’s Latest

UFC fighter Nate Diaz has been making the rounds over the past day after tweets from Wednesday gained traction regarding the fighter’s disdain for the UFC’s latest NFT release via Dapper Labs. Diaz accuses the league of taking advantage of a situation for personal gain in releasing NFTs on 4/20 (widely considered a ‘cannabis holiday’) after suspending his brother from the league for several years for cannabis use.

Meanwhile, the NBA continues to take a toll with it’s NBAxNFT project, dubbed ‘The Association.’ After major flaws were exposed in the project’s contract, the team released an update early on Thursday that resulted in an expansion of minting from the initial 18,000 to 30,000. If you’re familiar with NFTs, you can guess how the community reacted to that news.

The ‘Minty Fresh’ Take

Can Yuga Labs Otherside overpower the momentum of MoonBirds?

If you thought the fomo with Moonbirds was bad, just wait for @yugalabs Otherside. This is arguably the biggest drop in the history of NFT’s. The level of fomo will be at an all time high. It’s going to be a fun week. Stay safe and don’t overextend yourself. 🤝 #BAYC #OTHERSIDE

— renegademaster / guccibayc.eth (@renegademasterr) April 21, 2022

Related Reading | The Top 5 Most Valuable NFT Collections And A Tool To Track Them Down

Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

After a booming week of new Nightly Mint specials, we’re closing off the week on a relatively quiet note in NFTs. Nonetheless, there’s always some action for us to cover.

The University of Arizona will allow athletes to profit off of NFTs, Solana is making some moves, and we’ve got a friendly reminder to keep looking forward – we’re talking about jpegs, after all. Stay positive.

It’s all in a day’s recap here at The Nightly Mint. Let’s dive in.

The Nightly Mint

Latest Mint: University Of Arizona Athletes

NFT opportunities started sprouting up at universities last year – including University of Arizona. But this week, a new deal between University of Arizona and Athlete Assets will allow university-owned logos and other assets to be utilized in NFTs. It is seemingly the first commercial copyright licensing agreement around NIL (name, image and likeness) for athletes in the crypto space. Athletes will earn a large majority of NFT revenues. Expect other collegiate institutions to follow suit.

Related Reading | Cardano (ADA) Retrieves 8th Position In Market Valuation During Ecosystem Inflows

Solana (SOL) continues to make an aggressive push in maintaining it's #2 position in the NFT landscape. | Source: SOL-USD on TradingView.com

Solana Makes A Splash

Coinbase Wallet has added support for NFTs and will now allow users to send, receive, and store SOL and SPL tokens through its browser extension, according to our latest report. Solana has solidified itself as a secondary power-player behind Ethereum when it comes to the NFT landscape. Solana, like many Ethereum competitors, looks to offer scalability solutions that have proven to be a challenge for the Ethereum blockchain to date.

Solana has seen a mixed bag of successes in the NFT space, but has still carved it’s own lane. This recent announcement is undoubtedly a win for the ecosystem; expect Solana to continue to be a force to be reckoned with in the NFT space.

The ‘Minty Fresh’ Take

NFTs have proven that early adopters of big time projects can secure life-changing bags. Never look behind you, continue to look forward.

Gm! Do I regret selling my #MAYC 48 hours before $APE. Yes. But the ape profits helped us feel comfortable enough to pay cash for expensive adaptive equipment our daughter needs that insurance is taking forever to approve. @BoredApeYC changed our lives. We are grateful. #NFTs

— Ryan Freund (@PoisedMeerkat) March 18, 2022

Related Reading | Ethereum Staking Queue Nears All-Time High Ahead Of Mainnet Merge

Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.