The Nightly Mint: Daily NFT Recap

NFTs remain a cool market but are expected to grow in the future. MintKeep checking this site for a dose of NFTs every day. Every weekday we bring you the top stories and an updated take on NFTs.

Let’s dive in.

Nightly Mint

BAYC Gives Ukraine $1M

Bored Ape Yacht Club made a donation of 389 ETH to the Ukrainian ETH wallet. This was just under $1M. Bored Apes saw a significant decline in volume over the 30-day to sixty-day comparison. However, they are still second according to CryptoSlam and have still been close to $100M volume.

Latest Mint: Solana NFTs On Adobe Behance

The latest mint is courtesy of Adobe and it’s product, Behance, which will now integrate Solana NFTs. NFTs on Ethereum were supported as of October last year, and other Adobe products have added NFT integration through a variety of means – such as Photoshop’s ‘Prepare As NFT’ feature.

Similar Reading: Why Fantom Failed 22% After Key Personnel Exit| Why Fantom Fell 22% Following Key Personnel Exit

The latest protocol in NFT investment is Avalanche. Source: AVAX-USD on TradingView.com | Source: AVAX-USD on TradingView.com

Avalanche’s Latest Financial Commitment Includes NFTs

Avalanche is committing over a quarter of a billion dollars through it’s latest ‘Multiverse’ incentive fund towards GameFi, DeFi, and NFT subnets. Subnets are a major pillar of Avalanche’s unique value-add, and one that the protocol continues to emphasize through it’s partnerships and dealings. Avalanche’s subnets help to prevent a crucial Ethereum problem in streamlining consensus verification.

The ‘Minty Fresh’ Take

As premier auction houses list NFTs and more projects continue to evolve and grow, it’s important to keep it all in perspective. A lot of times it’s just jpegs – don’t take it too serious.

Read Related Article: Bitcoin Drops to $38K, More Downside Incoming| Bitcoin Slips Back To $38K, Further Downside Incoming?

Featured Image from TradingView.com, Charts and Pexels
This content was not written by or associated with the mentioned parties. This article is not meant to provide financial advice.

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