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The results of the week in the field of NFT
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The results of the week in the field of NFT

Dec 8, 2023

Analysts have published a recent report on the non-interchangeable tokens (NFT) market. The report notes that there was a significant increase in activity among traders last week, which led to a noticeable increase in prices for Pudgy Penguins and Kanpai Pandas collectibles.

The researchers emphasized that the minimum cost of Pudgy Penguins increased from 7 ETH to almost 11 ETH, while the price of Kanpai Pandas increased by 127% to 1.92 ETH. Other popular collections, including World of Women, Milady and Cool Cats, have also risen significantly in price.

One of the key events was Decentraland's presentation of a cross-network update of its trading platform, which made the NFT purchase process more accessible. A partnership agreement was also signed with Squid, a company providing inter-chain liquidity based on Axelar, which allowed customers to buy NFT on the Decentraland platform using the Polygon and Ethereum networks.

Toy company Funko has announced the launch of a digital collection with Disney characters "Mickey and Friends" on the platform Droppp.io from December 12, 2023. This collection includes virtual cards dedicated to the popular Pop! game and offers owners the opportunity to exchange virtual items for physical copies.

It is also worth noting that Casio plans to release the G-SHOCK NFT collection on December 15, 2023, including 2,000 NFTs in VGA-001 and VGA-002 styles aimed at Generation Z. Finally, the Merit Circle DAO group announced the compatibility of its trading platform and the Sphere NFT technology stack with the future Polygon-based zkEVM network being developed by Immutable.

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