NFT Market Update 24th February 2023

Coinbase created a free NFT mint to celebrate the testnet launch of its new Layer 2 network, Base.

The UPDAO from within Pixel Vault made the highest bid on the Dookey Dash golden key: 690 ETH ($1.14M).

Blur and LooksRare, two marketplace competitors to OpenSea, decided that they will no longer show OpenSea’s marked flagged items by default.

PROOF launched its newest product, Artist Profiles, which allows users to learn more about artists and their backgrounds.

Spotify, the dominant player in music streaming, launched a new trial for token-gated playlists as part of its ongoing Web3 exploration.