Top NFT News: Autoglyphs NFT Set Sells for $14.5 Million, eBay May Exit NFTs, and Fischer Reveals 100-Year Anniversary NFT Ski Bundle
In today’s top NFT news:
- A full set of ten Autoglyphs sells for 5,000 ETH
- eBay may be exiting the NFT market
- Fischer Sports reveals a 100th-anniversary NFT ski bundle
NFT Market Data
The sales volume of non-fungible tokens (NFTs) has remained relatively stable. However, there has been a decrease of 0.5% in the past 24 hours, amounting to $43,401,772 in sales volume, according to CryptoSlam.
Despite this, there has been an increase in the number of buyers, sellers, and transactions. The number of sellers has increased by 2%, while both buyers and transactions have increased by almost 9%.
The top-selling collection is Pandora with a sales volume of $5.3 million. Additionally, there are five other collections with sales volumes above $1 million, including CryptoPunks and Bored Ape Yacht Club (BAYC).
Among the top 10 collections, Sappy Seals has seen the highest increase in sales volume at 241%, while BAYC experienced the biggest loss at 43%.
Autoglyphs NFT Set Sells for $14.5 Million
A full set of ten Autoglyphs recently sold for a staggering 5,000 ETH ($14,544,550). The buyer remains anonymous but is described as “a Distinguished Private Collector.”
Fountain, the platform that facilitated the purchase, claims that this sale is one of the highest recorded onchain for NFTs. The team at Fountain expressed their pride in being a part of this historic acquisition.
Autoglyphs, created by Larva Labs, is a generative art project consisting of 512 items. It is considered one of the most important early collections of generative art on Ethereum.
Is eBay Exiting NFTs?
E-commerce giant eBay has reportedly fired over 30% of its Web3 team, leading to speculation about its intention to shut down its NFT business. This news comes from Binance News, citing PANews.
NFTgators initially reported the layoffs and mentioned that key individuals involved with Web3 operations have recently left the company. Stefanie Jay, the business and strategy officer of the division, and David Moore, one of the founders of KnownOrigin, are among those who have departed.
The future of eBay’s NFT business remains uncertain as there has been no official confirmation or statement from the company or the individuals involved.
Fischer Reveals 100-Year Anniversary NFT Ski Bundle
Fischer Sports, an Austrian winter sports equipment manufacturer, has unveiled its “Fischer 100 Years Anniversary NFT-Bundle.” This bundle combines cutting-edge technology with alpine heritage.
The bundle includes a Fischer NFT and a uniquely designed RC4 ski. The NFT is a limited and unique art piece available on the Solana blockchain. Fischer Sports may add additional functionalities and benefits to existing NFTs depending on the development of Web3.
Buyers will also receive a specially crafted “100 Year” ski made of ash tree wood, which is the same material used in ski construction 100 years ago. Fischer will generate a maximum of 100 NFTs and 100 physical skis.
The Fischer NFT bundle went on sale on February 14 and will be available until March 24, with a price of €1,924 ($2,079) per NFT.
Hot Take: The NFT Market Continues to Thrive with Record-Breaking Sales
The NFT market shows no signs of slowing down as Autoglyphs set a new record with a $14.5 million sale. This highlights the growing interest in generative art projects and the potential for significant returns on investment.
However, there are also indications that some major players like eBay may be reconsidering their involvement in the NFT space. It remains to be seen how this will impact the market and whether other platforms will step in to fill the void.
In the meantime, Fischer Sports is pushing the boundaries by offering a unique NFT ski bundle that combines digital art with physical craftsmanship. This demonstrates the innovative possibilities that NFTs bring to traditional industries.
As an avid crypto enthusiast, you should keep a close eye on these developments as they shape the future of the NFT market.
By
By
By
By