1/ State of the NFT Market (ETH & @solana) backed by @nansen_ai data
Expect a more nuanced and high quality take compared to Bloomberg's 97% drop in monthly USD volume piece.
TLDR: Volumes down bad but NFT space def not dead
There's been a flurry of "top alpha group" bullshit posts from people that haven't been in majority of the groups that are posted - so heres a little thread about my favorite groups and a little brief of what makes each group special. This is in no particular order.
This is a big-deal upgrade from @opensea. Thank you for including royalties front-and-center on the collection page.
I've always said: The best way to vote-with-your wallet on royalties is to buy NFTs that charge low royalties. Collectors have a choice. This makes that easier.
I've spent 10000 hours taking trades, reading about trades, and watching trades in my life,
and am on track to hitting the 8-figure mark.
here are 4 commandments that should never be broken 👇
Back to back yearly low volume days for Opensea
First time we've had a sub $10m day since July 2021
Meanwhile we're all eagerly lined up to spend $15m on a Solana mint tomorrow 🫠
"Knowledge isn't power, until it's applied" - Carnegies
Today, I will be writing a thread about top NFT analytic tools that can improve your trading performance (with visual) 🧵
A lot of people wanted a simple and powerful NFT insights tool.
So we built it 👷♀️👷♂️
Introducing ProsperCircle 🤝
The tool has two goals:
(continued 👇)