The Nightly Mint: Daily NFT Recap

Moonbirds went beyond mint and moon. Since we last left, the project has become the talk of town. It has risen to a 20-ETH floor and generated over $200M in sales volume.

Let’s break down that story and more in our bite-sized weekday report, Nightly Mint.

Nightly Mint

Moonbirds – Latest Mint

Over the last 72 hours, Moonbirds certainly live up to their reputation. The project had a mint price of 2.5ETH with 10,000 minted, and has since had the NFT community murmuring about Kevin Rose, the project’s creator.

The volume of sales over the weekend and into Monday led the project to be top of the 30-day chart on OpenSea, flying past NFT staples and leading Twitter into a frenzy of how fast an NFT project can be categorized as ‘blue chip.’ We’ll leave that to the ‘debatooorrrs.’

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Microsoft (MSFT), which is currently in the process to acquire Activision Blizzard has been criticized for its ambiguous and complex process. Activision Blizzard president Ybarra denied rumors that his company might be exploring NFTs over the weekend. Source: NASDAQ: MSFT on TradingView.com | Source: NASDAQ: MSFT on TradingView.com

Activision Blizzard Shuts Down NFT Rumors

NFTs remain a popular topic within gaming. Professional and casual opinion are wildly divergent. Mike Ybarra, President of Blizzard, tweeted the following weekend. responded to a story that the company was “polling interest in NFTs and ‘play to earn’ games,” stating directly: “No one is doing NFTs.”

Numerous gaming executives are taking positions on the subject, but few AAA-title companies have done a thorough dive into NFTs yet.

The ‘Minty Fresh’ Take

Owls walked so that Moonbirds could… fly?

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Featured image taken from TradingView.com Charts, and Pexels
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