Top 5 NFT: MoonBirds launch help NFT Sales to surge by 85%.

Another exciting week for NFT sales, after months of slow bear market, thanks to the launch of MoonBirds giving a much needed boost.

Quick Takes

  • NFT in 2021 with 12 months of record-breaking sales volume of $25 Billion.
  • Currently, it is in a bear market and slowed down in sales. The last big single week was in January 2022 with nearly $1 billion.

Last year was the year of digital collectibles known as NFT (non-fungible tokens). What are NFTs? It is a non-interchangeable digital asset in the form of an image, audio or video existing on the blockchain with a digital ledger that can be sold or exchanged. Learn all about NFT here.

What catapulted NFT to such prominence? It was from the sale of digital artwork ‘ Everyday: the First 5000 Days’ by artist Beeple at Christie’s auction for $69.3 million. This was the third most expensive auction sale with a living artist.

Twitter post from Beeple.

The first NFT artwork, Quantum, was minted in May of 2014. It was sold in an auction in June 2021 for $1.47million during Sotheby’s “Natively Digital” auction sale. 

The Rise of NFT projects.

A number of unique digital artwork was sold throughout the months of 2021 and one of the earliest NFT projects on the Ethereum blockchain was CryptoPunks. Cryptopunks is a 10,000 uniquely computer-generated 8-bit pixel art with an initial cost between $1 to $34 each. Flash forward to today, it is selling between $350,000 to $500,000 for one, while some can fetch over millions. 

The most famous one would be the Bored Ape Yacht Club. It was released April 2021 at 0.08 ETH mint and then with a floor price of $78 + gas fees at the digital marketplace, Openseas. BAYC is currently the most popular among fans, celebrities, and investors. 

There are been many successful NFT projects but not all have staying powers. Since January, the sales of NFT have been slow. Fortunately, things have really picked up with the release of Moonbirds NFTs from the Proof Collection project. For the past week since its launch, NFT sales have jumped 85% to $456 million from the prior week.

Check out these top five best-selling collections, according to NonFungible. 

# 5.  Meebits

7-Days Sales Volume: $11.8 million

Number of Sales: 607

Highest Sale Price: $227,000

Meetbits floor price.

Meebits is from the creators of CryptoPunks, Larva Labs. These 3D voxel avatars are the next-gen characters for the metaverse. “The Meebits are 20,000 unique 3D voxel characters, created by a custom generative algorithm, then registered on the Ethereum blockchain.”

# 4. Azuki

7-Day Sales Volume: $11.8 million

Number of Sales: 231

Highest Sale Price: $230,000

Azuki floor price

Azuki is a 10K project ( total of 10,000 unique collection item) grants holders membership to The Garden: a corner of the internet where artists, builders, and web3 enthusiasts meet to create a decentralized future. Azuki holders receive access to exclusive drops, experiences, and more.

#3. CloneX

7-Day Sales Volume: $13.8 million

Number of Sales: 275

Highest Sale Price: $300,000

CloneX

A 20K project by Takashi Murakami and RTFKT (acquired by Nike). Check out our article of Nike/RTFKT new NFT sneaker.

#2. Bored Ape Yacht Club

7-Day Sales Volume: $96.9 million

Number of Sales: 1035

Highest Sale Price: $581,000

Bored Ape Yacht Club

A collection of 10,000 unique primate artwork provides special membership access to events, benefits, and more. This is usually the face of NFT but it has suffered from a string of phishing scams it was a victim of. Read more here.

#1. Moonbirds

7-Day Sales Volume: $135.9 million

Number of Sales: 1468

Highest Sale Price: $1.0 million

The new chick on the block and it came out swinging with over $260 million in its launch sales. Holders can look forward to private club membership and additional benefits the longer it is not traded called Nesting.