NFT Market Update - 26th July, 2022

Hang, a new B2B NFT startup raised $16M in series A funding targeting the world’s largest brands to replace their existing membership and loyalty programs with NFT technology.

CEO of New World Development Adrian Cheng joined Memeland as an advisor. Cheng is an investor in Sandbox, ConsenSys, and RTFKT studios.

Infinite Objects, the company creating video prints for artists like Beeple, announced exclusive video prints for Chromie Squiggle holders.

Fine art photography sales continue as Twin Flames #97(Darkroom C-Print of Katerina & Maria Malirova) by Justin Aversano sold for 115 ETH ($176,992) on Friday. The previous sale of this specific NFT was for 100 ETH ($351,609 at the time) on October 5, 2021.