The Nightly Mint: Daily NFT Recap

Apr 12, 2022

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The Nightly Mint: Daily NFT Recap

Originally posted here.
By: Taylor Scott

Overview

It was a quiet Tuesday for a fresh mint. Each weekday, we cover the daily dose of NFT action – and while today was a slower day, there’s still plenty of action to quickly recap. In sports NFTs, Candy Digital – the arguable leader within the world of baseball NFTs – is unrolling dynamic NFTs. Meanwhile, Crabada is blowing up on the Avalanche network, and one of the biggest financial credit and debit card providers and payment processors is filing new trademark applications around NFTs. Let’s review it all in a bite-sized daily recap: The Nightly Mint Latest Mint: Dynamic NFTs On Candy Digital Dynamic NFTs have been largely under-the-radar, certainly amongst legacy projects that have become the biggest and brightest. Candy Digital, who carries a partnership with Major League Baseball, is working on dynamic NFTs according to reports today, kicking off with a series titled the ‘MLB ICON Leadoff.’ It could lead to the early iterations of fantasy sports intertwining with NFTs (though indirectly here, as fantasy sports have not been mentioned with this application), as Candy Digital will integrate player performances from each game. It’s a major development for taking sports NFTs to the next level. Related Reading | Bitcoin Data: Number Of Active Entities Remain In Bear Market Channel Mastercard has filed for patents around Metaverse and NFT engagement. | Source: NYSE: MA on TradingView.com Mastercard Making Moves? Visa and Mastercard are two powerhouse financial players, and while Visa has certainly made a splash around NFTs, such as buying a CryptoPunk last year, Mastercard has had most of it’s activity occur behind the scenes. Today, reports emerged that Mastercard for over a dozen new trademark applications around NFT and metaverse engagement. The company has onboarded hundreds of new employees this year to advise banks and merchants on the use of NFTs and related blockchain applications. The ‘Minty Fresh’ Take Today’s ‘Minty Fresh’ take is a quick look at the last 30 days of GameFi NFT volumes, courtesy of @gojo_crypto on Twitter. Crabada has seen massive growth on the Avalanche chain, so much so that it has begun to bog down Avalanche’s network costs. Avalanche is expected to roll out a dedicated Crabada subnet accordingly. Top GameFi NFT rankings By sales volume in the last 30 days 1. @PlayCrabada $53.9M2. @Sorare $24.3M3. @AxieInfinity $23.2M4. @TheSandboxGame $4.9M5. @crypto_unicorns $2.98M6. @HoppersGame $2.96M source: @cryptoslamio — Gojo (@Gojo_Crypto) April 12, 2022 Related Reading | CeFi Platform Celsius Restricts Yield Rewards To Only Accredited Investors In U.S. 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.

The Post

It was a quiet Tuesday for a fresh mint. Each weekday, we cover the daily dose of NFT action – and while today was a slower day, there’s still plenty of action to quickly recap. In sports NFTs, Candy Digital – the arguable leader within the world of baseball NFTs – is unrolling dynamic NFTs. Meanwhile, Crabada is blowing up on the Avalanche network, and one of the biggest financial credit and debit card providers and payment processors is filing new trademark applications around NFTs.

Let’s review it all in a bite-sized daily recap:

The Nightly Mint

Latest Mint: Dynamic NFTs On Candy Digital

Dynamic NFTs have been largely under-the-radar, certainly amongst legacy projects that have become the biggest and brightest. Candy Digital, who carries a partnership with Major League Baseball, is working on dynamic NFTs according to reports today, kicking off with a series titled the ‘MLB ICON Leadoff.’ It could lead to the early iterations of fantasy sports intertwining with NFTs (though indirectly here, as fantasy sports have not been mentioned with this application), as Candy Digital will integrate player performances from each game. It’s a major development for taking sports NFTs to the next level.

Related Reading | Bitcoin Data: Number Of Active Entities Remain In Bear Market Channel

Mastercard has filed for patents around Metaverse and NFT engagement. | Source: NYSE: MA on TradingView.com

Mastercard Making Moves?

Visa and Mastercard are two powerhouse financial players, and while Visa has certainly made a splash around NFTs, such as buying a CryptoPunk last year, Mastercard has had most of it’s activity occur behind the scenes. Today, reports emerged that Mastercard for over a dozen new trademark applications around NFT and metaverse engagement. The company has onboarded hundreds of new employees this year to advise banks and merchants on the use of NFTs and related blockchain applications.

The ‘Minty Fresh’ Take

Today’s ‘Minty Fresh’ take is a quick look at the last 30 days of GameFi NFT volumes, courtesy of @gojo_crypto on Twitter. Crabada has seen massive growth on the Avalanche chain, so much so that it has begun to bog down Avalanche’s network costs. Avalanche is expected to roll out a dedicated Crabada subnet accordingly.

Top GameFi NFT rankings

By sales volume in the last 30 days

1. @PlayCrabada $53.9M2. @Sorare $24.3M3. @AxieInfinity $23.2M4. @TheSandboxGame $4.9M5. @crypto_unicorns $2.98M6. @HoppersGame $2.96M

source: @cryptoslamio

— Gojo (@Gojo_Crypto) April 12, 2022

Related Reading | CeFi Platform Celsius Restricts Yield Rewards To Only Accredited Investors In U.S.

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.

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