Solana listed on Opensea opens up a new market in the same way that altcoins getting listed on Coinbase help pump their value. Is there a play? But how to balance this with the fact that 26% inflation occurs on Solana annually and Avalanche is 9% annual inflation.
Affordable project: MPL Official - Collection | OpenSeaThanks to Block_bounce in 3anft discord
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Transcript
[00:00:00] Today on all about affordable NFTs. We're talking about the Coinbase open C and F T effects. We just made that up just now, just for you. Andrew has.
[00:00:10] Going well, back in our normal recording scheduled George, it's good to, good to talk NFTs again. I feel like
[00:00:17] people would probably really missed us and we had a, I gotta say I didn't appreciate the aggressive schedule of the Monday, Wednesday, Friday until like we were both traveling for a week.
[00:00:28] It it makes it very difficult to stay on top of crypto news and also record. So I'm glad we're back. Yeah.
[00:00:35] Yeah. I mean, it's tough to stand up a crypto news. Anytime you take a day or two away and
[00:00:41] things, it's disturbing. I feel like it's, when you take that break, you realize how much, no, sadly or truthfully time you're putting into like looking at all of these things, because when you don't do it, you come back and you're like, oh my God.
[00:00:55] What's what's an internet. What's what's it been to?
[00:00:58] Yeah, it's a lot of times Dan, on top of these things.
[00:01:02] Yeah. But real quick at the high level, from the, the past seven days, it looks like NFTs up about 27% and there are certain projects that are taking off, but again, it's a lot of the power law, a lot of the common names you see moving and the long tail shrinking, but there's a couple of new, new folks moving up.
[00:01:20] Yeah. Yeah. We've definitely seen some big, big volume it seems to, at least as we record this, it seems to maybe topped off a bit. But one thing I've noticed is the number of sales has been climbing. It was the, just the other day was the most sales in a single day that I've ever seen and NFTs.
[00:01:41] So are at least on a theory and based NFTs. Not just, was it a big volume day, but it was. Well, so a lower average price and we've seen in the past, but that's, I think that's a good sign. I think the number of sales is
[00:01:54] that's a fantastic
[00:01:55] sign, probably a sign that more people are getting into it.
[00:01:58] I didn't know, to take a look at the the number of wallets that day yet, but but I think in general, if we're seeing more trading it's, it means people are going to see this as a more, see project is more viable to continue to get into and be able to get out of.
[00:02:12] Okay, what else do we see? We have open C just said they're integrating Solano, NFTs and ape.
[00:02:19] Yeah. All right. So, so wanna MTS, we haven't talked a lot about this, although we have talked a little bit about cross chain raising and we have not talked much about Solana NFTs. It's a big marketplace and they're coming to open sea. And as you've mentioned, that's an exposure to a lot of people with a lot of an FTE capital.
[00:02:41] This is a chance for sort of at least merging markets and for better or worse spoken, see is the. The leader, it's the town square and all copycats. It's also important. Well, sorry, copycats, maybe unfair. Other marketplaces will probably see this and realize they have to follow in suit that there is more than one hub and, and pulling them all together will spread that sort of larger larger, long tail of individual purchases.
[00:03:08]