NFT Market Update - 5th July, 2022

Coinbase NFT struggles to attract traders. The platform has seen about $2.9M in total traded volume since launching two months ago compared to OpenSea which saw $16M in total volume traded yesterday.

Jenkins the Valet outlined their future plans with three new upcoming collections and a DAO.

Polium, the first multi-chain gaming console is set to launch in 2024. The founders say it will be compatible with eight blockchains, have its own digital wallet, token, and marketplace, with a prototype coming soon.

Hundreds of Bored Ape owners have signed up to a new NFT licensing marketplace that enables holders to rent out their Ape’s IP to brands.