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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

The Nightly Mint: Daily NFT Recap 2022-03-09

Taylor Scott
Taylor Scott
3 years ago
2 mins read

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

NFTs continue to stay a relatively cool market, but the Mint is here to keep you tuned in with a daily dose of NFTs. Each weekday, we tune in to some of the biggest stories from the day around NFTs, and a fresh take to hopefully leave you with something to chew on.

Let’s dive in.

The Nightly Mint

BAYC Donates $1M To Ukraine

Bored Ape Yacht Club announced a 389 ETH donation, just over $1M, to the official Ukrainian ETH wallet address. Bored Apes have seen a substantial decline in volume on the thirty day to sixty day comparison, but nonetheless still second in volume according to CryptoSlam, and still coming close to $100M in volume during that time.

Latest Mint: Solana NFTs On Adobe Behance

The latest mint is courtesy of Adobe and it’s product, Behance, which will now integrate Solana NFTs. NFTs on Ethereum were supported as of October last year, and other Adobe products have added NFT integration through a variety of means – such as Photoshop’s ‘Prepare As NFT’ feature.

Related Reading | Why Fantom Fell 22% Following Key Personnel Exit

Avalanche is the latest protocol to show major investment in the NFT space. | Source: AVAX-USD on TradingView.com

Avalanche’s Latest Financial Commitment Includes NFTs

Avalanche is committing over a quarter of a billion dollars through it’s latest ‘Multiverse’ incentive fund towards GameFi, DeFi, and NFT subnets. Subnets are a major pillar of Avalanche’s unique value-add, and one that the protocol continues to emphasize through it’s partnerships and dealings. Subnets allow Avalanche to avoid a critical Ethereum pitfall in streamlining consensus validation.

The ‘Minty Fresh’ Take

As premier auction houses list NFTs and more projects continue to evolve and grow, it’s important to keep it all in perspective. A lot of times it’s just jpegs – don’t take it too serious.

I just acquired one of the most important NFTs in my collection but also what is an iconic pieces of crypto art per my research. Excited to write about it, but for now just letting it all sink in… this is what I joined the space for and it feels really special. ✨

— Farokh (發咯) (@farokh) March 8, 2022

Related Reading | Bitcoin Slips Back To $38K, Further Downside Incoming?

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.
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Taylor Scott
Taylor Scott

Taylor Scott

Taylor specializes in crypto activity across sports and entertainment. With nearly a decade of engagement with cryptocurrency, Taylor has spent several years working in talent representation with musicians, comedians, and speakers, and achieved a Sports Business MBA in 2020.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
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Strict editorial policy that focuses on accuracy, relevance, and impartiality

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