NFT Market Update - April 19th, 2022

Azuki introduced lore behind Beanz collective, market sentiment was mixed, but floor prices recovered overnight.

NFT basketball game Swoops, built on Polygon, raised $3.5 million, led by Courtside Ventures, Alpaca VC, Gary Vaynerchuk, and DraftKings were among those joining the round.

Moonbirds launch opened the door to Silicon-Valley style funding for experienced innovators and operators.

Analytics platform, Nansens released its quarterly report showing that the NFT market has outperformed the cryptocurrency market this year.

Meta announced they will let creators sell virtual items in the metaverse — but the company plans in many cases to keep a cut of nearly 50%.