20/02/2023 NFT Sales Surge Over 43% in Past Week, Topping $397 Million

NFT Sales Surge Over 43% in Past Week, Topping $397 Million

Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions.

NFT Sales Continue to Rise in 2023, Ethereum Dominates NFT Sales with 90% Market Share

In the past week, sales of non-fungible tokens (NFTs) have surged, rising more than 43% higher than the previous week, according to statistics from cryptoslam.io. NFT sales totaled $397.86 million this week, with the number of buyers increasing by more than 77% to 345,716. Sales of NFTs on the Ethereum blockchain dominated, accounting for $360.32 million, or just over 90% of total sales.

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Sales of non-fungible tokens (NFTs) on the Ethereum blockchain led the way, with $360.32 million in sales, a 54.77% increase from the previous week. Solana-based NFT sales followed with $18,790,359, down 7.47% from last week. In terms of seven-day sales, Ethereum and Solana were followed by Polygon, Immutable X, and Binance Smart Chain, respectively.

NFT Sales Surge Over 43% in Past Week, Topping $397 Million

The top-selling collection of non-fungible tokens (NFTs) this week was Otherdeed, with total sales of $47,043,296. Otherdeed’s sales increased 160.21% compared to the previous week. Following Otherdeed were Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC), and Bored Ape Yacht Club (BAYC). While Azuki’s sales increased by 174.98% this week, Moonbirds’ NFT sales rose 502.43% from last week.

According to weekly metrics from both dappradar.com and Dune Analytics, the NFT marketplace Blur has outpaced the leading market, Opensea, this week. Dune’s statistics show that Blur captured more than 66% of the market share, while Opensea accounted for 23.9%. Dappradar.com shows that the top five marketplaces this week across various chains were Blur, Opensea, X2Y2, Immutable X Marketplace, and Lookrare, respectively.

Arts

https://news.bitcoin.com/nft-sales-surge-over-43-in-past-week-topping-397-million/

Interesting NFTs
Really Remote Working Part 3
The third piece is the Really Remote Working series, white sands and turquoise waters make this is a desk space like no other. Created during the lockdown period whilst being confined to the same place every day, this piece is part of a series of imaginary places that I dreamed of being able to work from.
Originalplan® - Series 1 - Raw Cut Diamond Be@rbrick
The Be@rbrick series is a project around creating unique Be@rbrick designs. Originally it started as a daily project so each design was created on a daily basis. The concept and idea is based on the subcultural phenomenon of collectibles and designer toys. Raw Cut Be@rbrick is made of several hundreds of diamonds and is only availabe as a 1/1 limited edition collectible. Format : 3D Render. File: JPG * size: 5120 × 2880px After purchase a hand signed Glichē print will be sent to the address of your choosing. Limited to: 1/1 digital pieces.
Genesis
José Delbo sent me his striking pencil sketch and powerful inked work, which I then interpreted in oil on canvas. I wanted to create a very painterly piece with obvious brush marks etc, but I was also aiming for a nostalgic feel, a kind of 1980’s superhero comic book look, the kind I grew up with. My goal with this animation was to try to recreate, in part, the creative process that both artists went through with the visual information I had. I was able to showcase my painting process more accurately as I could take photographs of my progress throughout. Consecutive images could then be layered like brush strokes over José’s drawing to create the impression that this was one continuous artwork from pencil, to ink, to completed painting. The representation of the line sketch at the beginning, then pencil/ink and lastly the paint layers being applied demonstrate both artists’ struggle for the right lines, tone, form, and colour until the work is finally completed. As the oil was still wet with each photograph the glare of my studio lights can be seen in the brush strokes. Eventually, the figure emerges and as it does, our hero comes to life, looking directly at the viewer -- but is he grimacing in approval or disgust? We will never know for sure as just before he can say anything, white paint is brushed across the canvas entirely and the process begins again. Only the bat is quick enough to escape.
Peach Chart Gold
Hey cutie! I'm Peach Chart Gold. I want to live in a world where people believe that one day cats will rule this planet. I was voted most likely to work at NASA in college. Let's get busy!
#70912
By OthersideDeployer