Recent NFT Activity

This block of updates from today’s Modern Finance newsletter on recent activity around NFTs blew me away.

Here are some fun NFT stats from the last few days:

• @artblocks_io has done 5,570E ($13M) in the last 24hrs, up 401%, primarily driven by @tylerxhobbs Fidenza project
• Two CryptoPunk zombies purchased for 700 & 850 ETH ($1.72M & $2.09M). The next available zombie is 1.23KE or $3.71M. There are only 88 zombies in total
• Gary Vee buys rare CryptoPunk Ape for 1,600 ETH ($3,764,576.17 USD), this triggers a CryptoPunk buying frenzy
• I picked up a badass a 1/1 XCOPY (🏆 grail for me)

I continue to see a lot of potential for NFTs, well beyond just the collectible space. However, it seems that the collectibles are a huge deal on their own.