👮 OpenSea adds FRAUD detection! - 13th May, 2022

GM and welcome to the NFT Minter Daily - The daily no-bullshit newsletter with everything you need to know about NFTs, from the latest news, market recaps and the hottest mints, in less than 5 minutes! ☕

Whilst the market is slow for now, feel free to take a look at our Ultimate Guide to NFTs for Beginners for tips and tricks on how to make money with NFTs. You can unlock this guide by simply sharing the newsletter with a friend! Take a look at your personalized referral card below to unlock it:

24hr Market Overview 📈

NFT Market Recap

After the turmoil in the markets over the past few days, ETH and BTC finally found some support which allowed NFTs some reprieve. Whilst most NFT projects have seen nice bounces from their lows, Opensea volume still remains low, trading just $57 million yesterday, which is close to the lows of the year.

If you still haven't caught up with the downfall of Terra and the reason that the markets dumped over the past few days, I highly recommend you read the thread below for a solid breakdown.

Yuga Labs projects saw much of the volume yesterday, Otherdeed (2.97 ETH, +18.8%) saw solid volume as some teasers were released (looks like a re-skinned Fornite to us but better than expected). Bored Ape Yacht Club (98.5 ETH, +4.76%), and Mutant Ape Yacht Club (20.90 ETH, +22.94%) also saw solid gains as buyers speculated that these projects were some of the safest investments in the space.

Azuki also saw a strong bounce yesterday, with the floor bouncing from lows of 8 ETH up 50% to 13.86 ETH (at time of writing). After much hate following the Zabagond news on Monday, seemingly from outsiders and holders of other projects, the Azuki community seems to have banded together, one of the cofounders @steamboy33 thanked the community for their support.

Other projects which saw bounces yesterday include:

• CLONE X | 13.20 ETH, +12.82%

• Meebits | 4.8 ETH, +15.29%

• Cool Cats | 3.99 ETH, +14.33%

• Adidas Originals | 1.37 ETH, +21.15%

Doodles "dooplicator" launched yesterday, a free NFT for Doodles holders, so far the project's price has continued to decline, now sitting at 12.95 ETH, down -15.36% over the past 24 hours.

Biggest Purchases

🥇 #1) Otherdeed #17164 bought for 601.6666 ETH ($1,147,283.13)| Link

🥈 #2) Autoglyph:317 bought for 199 ETH ($397,689.70)| Link

🥉 #3) Bored Ape #8265 bought for 133.95 ETH ($284,039.16)| Link

Latest NFT News 📰

👮 OpenSea announced that it is implementing features to “improve authenticity" that will automatically detect and remove so called 'copycat NFTs' that aim to trick the buyer into thinking that they're buying the real thing! Opensea says it will use image recognition tech to scan NFTs and compare them with authentic collections, removing ones that are the same, flipped or rotated.

👀 The Otherside project from Yuga Labs has now released some more info surrounding it's lore. Yuga Labs added an ‘Obelisk: The Voyager’s Journey’ tab to its website, detailing some key points of the project, including their long awaited rough roadmap.

Scam Warnings 🚨

❌ Be careful of scam links even on Google - We'd recommend bookmarking official pages!

Today's Biggest Drops 👀

With the markets still looking shaky after LUNA and no big projects on our radar. We suggest keeping your capital protected today. Check back tomorrow!

The NFT Minter Guide to NFTs 💸

Meme of the Day 🤣

Credit: (twitter.com/0xElm0)

That's all from us! See you next time!

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