NFT Market Update - 22nd August, 2022

Daily revenue for GameStop’s NFT marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since launching in mid-July.

The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation.

Canadian crypto exchanges impose 30k CAD annual limit for Altcoins. These new rules are imposed on all coins except BTC, ETH, BCH, LTC.

This fall, Punk6529 with a roster of web3 guests including Beeple, Snowfro, Gargamel, and many more is launching an open introductory course to NFTs and the Metaverse, delivered on-chain and in the metaverse.