NFT Market Update 1st December 2022

DigiDaigaku CEO Gabriel Leydon announced the upcoming Super Bowl ad will feature the first ever live free mint on a TV commercial which will be viewed by over 50M people and 10s of millions online.

NFT trading is live on Uniswap allowing traders to buy/sell NFTs across major marketplaces. The company also airdropped ~$5M USDC to historical Genie users and are offering gas rebates to the first 22,000 buyers.

NFT marketplace, Blur, will have its second airdrop on Monday. The team tweeted “Airdrop 2 is 10x bigger than Airdrop 1, and all activity until then will be counted.”

Solana News

Elixir NFT rose 25% off over 5.5K SOL volume from 7.35 to 12 SOL after strong community sentiment towards the automated market maker.

Underground Labs sold out its presale allocation of 2K supply ahead of its mint tomorrow.

Total Solana NFT volume tracks over 750K SOL, however, the top 20 projects cover only 1/3 of that raising concerns over whether a lot of the supposed volume is legitimate.