Welcome to the NFT Weekly Summary, where we bring you the latest news, trends, and developments in the world of NFTs. This week we saw some interesting announcements and updates across the NFT ecosystem. Let’s take a closer look.
Star Wars NFT collection by Cryptoys
First up, we have the launch of the Star Wars NFT collection by Cryptoys. The collection features 15 limited edition “digital toys” of beloved Star Wars characters, including Luke Skywalker, Princess Leia, and Darth Vader. The NFTs are minted on the Flow blockchain, the home of collectibles platforms like NBA Top Shot and NFL All Day. The NFTs will be available in five different rarity levels: “Common,” “Rare,” “Legendary,” “Grail,” and “Ultra Grail.” They also come in Star Wars-inspired digital “holocrons,” the data storage devices from the sci-fi franchise. Each pack will be a “blind box,” meaning that buyers won’t know which character they’ll receive until they open it. The NFTs will also feature five different cartoonish, stylized skin designs. The Star Wars x Cryptoys collection is set to drop on May 24th and will sell for $39.99.
Pons Asinorum announces launching an NFT
Next, we have the launch of an NFT that Pons Asinorum claims will “literally change the way business is done in the real world.” The NFT is a business born out of @ThePlagueNFT of Frogs ecosystem. The goal of the Frogs has always been to use Web3 to decentralize opportunity using the blockchain as a way of bringing transparency and accountability to business. The NFT is not a companion NFT to raise money so that they can drop another companion NFT down the road, or sell merchandise. It will get you a product, give you the opportunity to earn money legally, create a new business model that can and (they believe) will be replicated, and help change the lives of people around the world. Pons Asinorum claims that this NFT is different from anything else out there, and the ending will blow your mind.
Rhett Mankind used ChatGPT to create a meme coin currently sitting at a $31M market cap
In other news, Rhett Mankind used ChatGPT to create a meme coin from scratch a few days ago, and it is currently sitting at a $31M market cap. The coin is called $TURBO and was created using AI to name, brand, code the smart contract, crowdsourcing funds, and launch. The memecoin has experienced tremendous success in a short amount of time and serves as a testament to the power of AI in the world of NFTs.
Moonbirds announce Day One Shuffle is now live
Moonbirds announced that Day One Shuffle is now live with submissions accepted until May 7th. If you received a Diamond Exhibition airdrop from the first Day One selection phase, you can now submit your artwork to reshuffle for something different. Submissions will be accepted until May 7th.
Forgotten Runes Wizard’s Cult announce Titan Publishing as their partner
The Forgotten Runes Wizard’s Cult announced Titan Publishing as their partner for the upcoming 10-issue comic series. The partnership will see Forgotten Runes and Titan collaborate on a limited-edition, collectible series of comics based on the popular NFT game. The comic book series will feature an original storyline set in the Forgotten Runes universe and will be available in both physical and digital formats.
In the world of NFTs, volatility is the norm, and this week was no exception. While short-term opportunities arise from this volatility, it is important to remember that long-term prospects for most projects remain unchanged. It is crucial to approach NFT investing responsibly. Now let’s take a look at the performance of some of the top NFTs this week. Clone X saw a 2.87% increase in value, while Mutant Ape Yacht Club saw a 1.61% increase. Overall, this week in NFTs has been exciting and full of developments. From new drops and partnerships to exciting new projects, the NFT space is constantly evolving and growing. As always, it is important to approach these investments with caution and do your own research before making any decisions. With that said, there is no doubt that NFTs are continuing to shape the future of art, entertainment, and even business. As we head into the next week, it will be interesting to see what new developments arise and how the NFT market continues to evolve. One thing is certain: the potential for innovation and growth in this space is limitless, and we are only scratching the surface of what is possible. So, stay tuned and keep an eye on the latest developments in the world of NFTs!