NFT Market Update - 22nd September, 2022

Hong Kong billionaire and Azuki holder, Adrian Cheng is planning to launch $200M crypto fund. The firms portfolio includes Animoca Brands, RTFKT Studios, and Adrian Cheng personally owns over 100+ Azukis.

World of Women is launching their own marketplace. Beta users are allowlisted for their upcoming drop World of Women 2.0.

OpenSea launched OpenRarity, a transparent standard for rarity rankings across the NFT industry. Cool Cats, Pudgies, Moonbirds have opted to use it and we can expect more projects to do the same.

Magic Eden and OpenSea go head-to-head in multi-chain marketplace war. Magic Eden CEO, Jack Lu, shared why the platform is pushing into Ethereum soon after OpenSea announced their move to include Abritrum and other blockchains.