Weekly sales drop by 50%; Check out the 5 collections that passed almost unscathed – Money Times

sales of NFT was affected by the cryptocurrency market crash and the Terra (LUNA) implosion. (Image: Freepik/starline)

Bone non-fungible tokens (NFT) became the talk of the year in 2021, and fell in love with enthusiasts of the world of cryptocurrencies how many people who had never heard of the term.

The fever was such that sales reached more than 20 billion dollars last year, and “NFT“It was considered word of the year by Collins Dictionary.

Bone NFT are unique and irreplaceable digital objects that can represent works of art, music and more. This type of token uses blockchain technology to maintain a digital record of ownership of traded items.

Bone NFT were first launched on the net Ethereum (ETH)where most sales of these items still take place, but there are already collections available on the net Sun (SUN) and Tezos (XTZ).

However, a multi-month cryptocurrency selloff, in addition to the cryptocurrency token implosion terrestrial network this month, also affected the NFT.

sales of NFT compared to last week fell 50% from US$505 million to US$255 million.

Discover the five collections below. NFT which emerged almost unscathed from the stock market crash, according to data from NonFungible:

5th place: CryptoPunks

NFT
the collection of NFT CryptoPunks was sold earlier this year to Yuga Labs. (Image: CryptoPunks/Disclosure)

CryptoPunks is one of the oldest collections of NFT. With 10,000 unique collectibles, the collection created by Larva Labs was built on the Ethereum blockchain.

In March, CryptoPunks and Meebits, from the same creator, had their intellectual property rights acquired by Yuga Labs, creator of Bored Ape Yacht Club (BAYC).

Last week, CryptoPunks made $12.5 million from 138 sales. THE NFT The most expensive collection from this period sold for US$386,000.

4th place: Meebits

NFT
O NFT Last week’s most expensive Meebits sold for $221,000. (Image: Twitter/CryptoPunks)

Meebits is a collection from the same creators of CryptoPunks. You NFT feature 3D avatars that can be used in metaverse applications.

Last week, Meebits recorded 363 sales, totaling $28 million. THE NFT The most expensive of this period sold for 221,000 US$.

🏆 3rd place: Azuki

NFT
Azuki sold 3,563 NFT in the past seven days. (Picture: Azuki/Reproduction)

Azuki it is a collection with 10 thousand NFT of characters in anime cartoon style. The acquisition of a NFT anime offers its holder certain benefits, including access to exclusive builds and experiences, as well as a metaverse called “The Garden”.

Azuki has earned $35.5 million from 3,563 sales over the past seven days. The most expensive item in the collection during this period sold for $520,000.

🏆 2º lugar: Other act

NFT
Other acts are NFT from the Otherside metaverse. (Image: Beyond/Reproduction)

Other side it’s a metaverse gamified, developed by Yuga Labs, creator of Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC) and Bored Ape Kennel Club (BAYKC).

Bone NFT the natives of the metaverse are called Other act. Each of NFT is dynamically developed as a collection of all the elements present in the virtual world, from resources to Kodas, native beings from Other Side.

It is the first time that the NFT Otherdeeds reached the ranking of the five best-selling collections of the week. Over the past seven days, Otherdeeds recorded 2,941 sales, totaling $40.5 million. The most expensive item from this period sold for $327,000.

🏆1st place: Bored Ape Yacht Club (BAYC)

NFT
the collection of NFT BAYC recorded 806 sales last week. (Image: Bored Ape Yacht Club/Reproduction)

Developed for Ethereum, Bored Ape Yacht Club is a collection of 10,000 unique pieces and considered the largest in the world. NFTwith a market cap of nearly $2 billion.

Recently, BAYC has proven to be a favorite of celebrities and professional athletes such as Neymar Jr., Madonna, Jimmy Fallon and Paris Hilton. The collection also gives access to exclusive benefits for Yacht Club members.

Last week, BAYC earned $46.3 million from 806 sales. THE NFT the most expensive of this period was sold for US$ 403 thousand.

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