Valhalla and Cockpunch NFTs hit $18 million transaction volume the past seven days
NFT
Two new NFT initiatives noticed over $18 million in transaction quantity inside the final seven days.
The depressed market situations of 2022 spared nobody, not even blue chip NFT initiatives, however these initiatives introduced in ample transaction volumes regardless of the state of crypto.
Vahalla is the third hottest NFT venture this week, with $9.4 million in transaction quantity from 6,774 gross sales, in keeping with the NFT information tracker CryptoSlam. Valhalla is a tactical technique NFT-based recreation created by Stacked, a Los Angeles-based startup based in 2019. It was envisioned by the creators of Floki, a memecoin. The agency raised $15 million from Pantera Capital, Comcast Ventures and different buyers, in keeping with Stacked’s web site.
Cockpunch, the fourth hottest NFT venture this week, had $9.2 million in transaction quantity from 9,554 gross sales inside the final week. Cockpunch is a story fantasy fiction NFT assortment based by writer and entrepreneur Tim Ferriss, greatest recognized for his e-book The 4-Hour Work Week. The NFT assortment’s related podcast of the identical identify reached #21 for fiction podcasts on the audio streaming platform Spotify. One Cockpunch NFT even bought for 55.55 ETH, or over $70,000.
Total NFT collectible gross sales stay a fraction of their gross sales quantity at the start of 2022. The primary week of December introduced in $63 million in weekly NFT gross sales, in comparison with $230 million on the similar time final 12 months — a 73% lower, in keeping with The Block’s Knowledge Dashboard.
