After a few days off, we’re back with a new Nightly Mint to give you a quick NFT recap. In the midst of market chaos, including the Celsius debacle, Coinbase layoffs, and swirling rumors of crypto VC firm’s downfall, NFTs have largely been left for the sidelines in the broader crypto conversation to start this week.
That doesn’t mean that things have come to a screeching halt.
The Nightly Mint
Latest Mint: NFT Marketplace OpenSea Shifts To Seaport Protocol
OpenSea has announced their shift from Wyvern to Seaport today, a protocol adjustment that will “significantly improve gas costs” and add other small features and UI upgrades. According to the platform’s blog post, gas fees are estimated to be cut by roughly 35%.
Other upgrades include support for ‘collection offers,’ as well as attribute-specific offers for NFTs on the platform, and new features (including a highly demanded ‘bulk listing’ feature) have been cited to be on the way now that Seaport is live.
Related Reading | Fighting Back: Here Are The Cryptocurrencies That Are Fending Off The Bears
Solana (SOL) has been an emerging NFT player this year. | Source: SOL-USD on TradingView.com
RadioShack Goes RatioShack
It was around 6 months ago that we covered the re-emergence of dinosaur technology storefront RadioShack’s return to the market as a… DeFi platform. It was a twist we didn’t exactly forecast. Now, RadioShack is now RatioShack on Twitter and is after NFT influencer’s heads. Definitely saw this coming.
Imagine hanging out on Twitter and tryna flex this pfp lmfao pic.twitter.com/JrtaA7cLPS
— Ratioshack (@RadioShack) June 14, 2022
The ‘Minty Fresh’ Take
No need to spam refresh. Let’s look at some underdogs instead, please.
NFTwitter: โ99% of projects will go to 0. I believe these will be the ones to survive:โ followed by a list of the top 10 projects at this very moment on OpenSea
— bobbyhundreds.eth (@bobbyhundreds) June 14, 2022
Related Reading | Terraform Labs Caused Collapse Of Its Stablecoin UST? This Report Says So
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.