#122 - NFTs are pumping right now!

GM and welcome to Decentra Daily.

We're like your web3 personal assistant – greeting you with fresh coffee and fresher NFT news each morning.

Today,

• Popular NFT collections pumped this week

• Shopify NFT sales for wallet-less customers

Top 24 hr NFT collection volume

via CoinMarketCap

1. CryptoPunks - 21 sales earning 1,434.21 ETH (0.03%)

2. MAYC - 61 sales earning 1,175.88 ETH (0.30%)

3. BAYC - 7 sales earning 876.79 ETH (0.51%)

4. BAKC - 68 sales earning 800.72 ETH (0.30%)

5. goblintown.wtf - 333 sales earning 379.04 ETH (7.69%)

Popular NFT collections pumped this week

See all that green in the daily top-5 volume above? Hell yeah baby.

Over the last few days, several NFT collections have shown strong sales volumes and increasing floor prices.

So what's doing well this week? Here are some of the projects trending right now.

#1 - The usual suspects

Yuga Labs NFTs, CryptoPunks, and Azuki all maintain strong positions into 2023.

They dominate daily sales – with Mutant Apes and the Bored Ape Kennel Club both pumping ahead of the latest Yuga mint, scheduled for Jan 18.

What's the project(s)?

• CryptoPunks are the OG pfp NFTs, now hung next to Warhol in art museums 

• The Bored Ape Yacht Club is home to the most iconic NFT ecosystem

• Mutant Apes live in the sewer below the yacht club

• Hand-drawn Azuki avatars grant holders access to The Garden 

How are they doing?

All three Yuga collections are in the top 5 for 24hr sales volume – While the Azuki floor has risen from around 13.5 ETH to over 16.5 ETH:

#2 - Goblintown

Originally a free mint, Goblintown captured whatever indefinable cocktail turns a bunch of JPEGs with zero utility into a highly profitable investment.

At its peak in June, the Goblintown floor was 7.35 ETH. 🤩

What's the project?

• As Goblintown's creators clearly state, there's "No roadmap. No Discord. No utility. CC0."

• "Goblin mode" was the Oxford Dictionary's 2022 word of the year. Related?

How's it doing?

Goblintown NFTs are changing hands by the hundreds right now, pushing the collection to the top of OpenSea's trending list (at time of writing).

At one point yesterday, its floor had more than doubled, before falling back to 0.99 ETH at the time of writing.

#3 - The Plague NFT

The plague of frogs that makes up The Plague NFT offers holders a chance to be part of a popular collection with an active community – for a much lower price than projects from the big NFT studios.

What's the project?

• The plague is an NFT pfp collection designed in a climate of rug pulls, overblown hype, and sus roadmaps...

• Its creator is on a mission to reestablish decentralization in an NFT market that quickly priced out many collectors

How's it doing?

The Plague NFTs reached their ATH floor price yesterday, at 0.8 ETH!

#4 - Hot Mess

Digital artist Jake The Degen dropped an open edition yesterday.

It's called PSA and 1116 sold for .33ETH in 2 minutes. Dang.

Jake's NFTs are part of an interconnected ecosystem, which saw his HOT MESS collection also trending on OpenSea. Neat tokenomics here.

What's the project?

• HOT MESS is "a reward collection for degen token holders"

• Owners of Jake's community Degen Token are airdropped artworks on specific dates

WAGMI vibes to start 2023!

Tweet of the day

Decentra Daily is brought to you by Sorare

"Oooh look at me, I'm into NFTs, I don't have a girlfriend and make passive income by collecting digital sports cards to build fantasy teams. Blah blah."

Haaland might be a goal-scoring robot, but he doesn't know s*** about NFTs. 🤖 ⚽️

Sorare fantasy sports leagues have 260,000 monthly active players, so you definitely don't need to be a basement-dwelling degen to join in.

And, Sorare now has official soccer, NBA, and MLB fantasy trading games, which means there's no excuse for not putting your sports knowledge to work.

How does Sorare work?

• Collect officially licensed digital Cards from the fan marketplace

• Build lineups and enter weekly fantasy contests based on IRL player performances

• Rise up the rankings and earn rewards

Why haven't I started playing Sorare yet?

I don't know dude! Go! Check it out. We'll finish the newsletter when you're done.

On the web3 wire

• Crypto lender Genesis cuts 30% of staff 😬

• Microsoft CSO bets on a hybrid consumer metaverse

• BONK coin drops 54% in less than 11 hours 🐕

Shopify merchants can sell NFTs to wallet-less customers

Shopify has expanded its NFTs integration with a "no wallet needed" feature.

The eCommerce builder now lets its millions of merchants list NFTs from Polygon and Avalanche blockchains directly through their storefronts.

– without needing to direct customers to OpenSea or other marketplaces.

And the best part?

Buyers don't even need a crypto wallet.

You can pay with a credit card and receive an email with a link to your asset in a newly-created blockchain wallet. Cool, right?

Shopify owners can also earn royalties on secondary transactions through the Venly Market app.

What you need to know:

• The latest Shopify integration is developed by Venly, a chain software startup

• Shopify began supporting Polygon NFTs 2021 and will host Immutable X NFTs soon

• Shopify says they only want to consider low- or no gas protocols

• With this feature, NFT artists can grow social followings & link directly to their storefronts

This is the latest NFT feature from Shopify. Previously, they added functionality allowing store owners to NFT gate sections of their site, after originally testing onsite NFT sales in a partnership with the Chicago Bulls.

Key takeaway? It's another move by a mainstream platform to embrace digital collectibles – whilst making onboarding as easy as possible.

B-Bye!

👋

Meme of the day

We call this sales tactic the ol' FOMO flip...