NFT Weekly Report #41
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1. Featured Collection: VOX Collectibles — Town Star
Launch Date: August 10, 2021
Collection: https://www.gem.xyz/collection/collectvoxtownstar/
Twitter: https://www.gem.xyz/collection/collectvoxtownstar/
This is not a new collection, it was launched back in 2021, when the NFT market was becoming a reality, before the big pump in Feb 2022.
Behind this collection, there is Gala Games, the brand behind quite a few P2E (play to earn) games, where NFTs are part of the ecosystem
The floor price at the time of writing is 0.66 ETH.
SUPPLY DEVELOPMENT
This is an 8.9K items collection, with 3252 owners. 80% of the owners own 1 to 3 items and the owners/supply ratio is 36.5% now, not bad but not too good.
NOTE: the higher the better. It means that the items in the collections are not in the hands of just a few collectors.
FLOOR THICKNESS
Given the long story of this collection, items are pretty well distributed across different price ranges. This is also because this collection reached some important highs in Jan-Feb, over the 4 ETH floor price.
Right now crossing the 1 ETH floor wall should be quite easy with some volume. Consider that the floor price and volume have been growing in the past weeks, then came to a stop in this past week.
VOLUME
The sales volume (grey) has been quite high lately, compared to other collections. This is a good sign, but we are very far from the numbers reached in the “good times” (graph at the bottom).
HOLDING DURATION AND DISTRIBUTION
It’s interesting to see that ONLY roughly 8% of owners never sold since mint. The p2e nature of this collection makes it a bit different from others, so you won’t see numbers close to 40–50% like you have in other collections.
On the other hand, 80% of holders have been holding their collectibles for more than 6 months.
BLUE CHIP HOLDERS
The blue-chip potential of this collection is… irrelevant. This rating is very low, unlike other collections with over 30% of blue chip holders. Nothing to see here…
2. 1/1 Artwork of the Week
This is the section where I recommend the best 1/1 artworks I come across on the various 1/1 marketplaces, in particular Foundation, Makersplace, and KnownOrigin.
Name: Serenity
Link: https://foundation.app/@cryptoduuudes/theempiricalworld/1
Twitter: https://twitter.com/CryptoDuuudes
This is one of the 2 1/1s created by CryptoDuuudes, who also owns a limited edition (171 items) collection on Opensea. Guess the name? Crypto Duuudes :-)
Serenity is available for sale on Foundation for 1 ETH.
3. NFT Projects to Watch
Everybodys — Floor 0.033
Collection: https://www.gem.xyz/collection/everybodys/
Launched and sold out a few days ago. Not bad given the bear market and being a 10K NFT collection.
Aopanda Party — Floor 0.37
Collection: https://www.gem.xyz/collection/aopanda-party/
Another newly launched collection made of animated pandas.
Curious Cabins — Floor 1.2
Collection: https://www.gem.xyz/collection/curious-cabins/
I love this one. Definitely a fan of small, exclusive collections like this one. 30 items only!
Arbitrum Odissey NFT — Floor 0.008 ETH (on Arbitrum)
Collection: https://stratosnft.io/collection/arbitrum-odyssey
This is an NFT collection made to commemorate the launch of Arbitrum, the Layer-2 network aimed at solving some speed problems that affect the Ethereum network.
Beware, these NFTs can be purchased ONLY on the Arbitrum network, which you must add to Metamask if you want to use it. Also, those are available on Stratos, the main NFT marketplace on Arbitrum.
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