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Welcome to NFT Watch presented by Algopulse, a weekly series covering all the latest news in the Algorand NFT space. We’ll be looking into the biggest drops, sales, and platforms on the market so that you can keep tabs on this rapidly growing area. For more from Algopulse visit https://www.algopulse.io/.
gALGO’s Utility Increasing in Algorand NFT Ecosystem
Folks Finance popular gALGO asset has gained more utility in the Algorand NFT space this week with projects now it integrating it for different use cases. One example has been in the AlgoSEAS project who are now accepting gALGO for minting their NFTs. Their launchpad which will go live next month will also support gALGO payments. In addition, the ALGOxNFT platform has also announced that users can now participate in shuffles using gALGO as the buy-in mechanism. With new utility being unlocked for gALGO each week fully liquid governance staking is getting closer and closer.
AlgoWickedKing Teases Reward NFTs
The Algo Wicked King project has revealed a new reward NFT that users will receive for staking their Gen 1 NFT. The project has enjoyed great success in recent months having originally launched in late 2021. At the time of writing the project has generated over 130,000 ALGOs in total sales volume.
Algorand Foundation Drops Free Helmet NFT Mint
As part of their ongoing Race Against Climate Change series in partnership with Envision Racing the Algorand Foundation have launched a free bonus NFT. The Vancouver Flux NFT Helmet is a bonus helmet from our On Track NFT series reimagines the abundant coastline of Vancouver. Its surface is designed with fluid textures that reference the city's vibrant marina, with a tree-lined nurse stump forming a natural foundation to frame iconic features from the Lions Gate Bridge. All proceeds of the series will go towards planting mangrove trees in Madagascar for the Race Against Climate Change, in efforts to create a greener earth. Users who collect all 8 main NFTs given a chance to win at the grand prize, the ultimate Formula E racing experience in 2023.
Asalytic Introduces a New Feature for NFT Portfolio Analysis
The Algorand NFT platform Asalytic has introduced a new wallet integration feature allowing users to connect their Pera Wallet or My Algo Wallet to the platform. The feature allows users to conduct analysis on their personal portfolio on the Asalytic platform with a large snapshot of useful data.
Al Goanna Partners with MakerX to Create New NFT Dashboard
Al Goanna and MakerX have partnered under the Art Goanna banner to create the GoannaX Dashboard, a dynamic NFT-powered dashboard of Algorand market performance. On the platform users can track Algorand price movements updated hourly by following the Goanna's expression and location. You can begin interacting with the platform here.
Algorand Weekly NFT Stats
Top 10 Algorand NFT Projects in All-Time Sales Volume on NFT Explorer
Top 5 Algorand NFT Projects in Sales Volume Last Week on NFT Explorer
Thank you for reading the latest edition of NFT Watch presented by Algopulse. We look forward to bringing more of this content to the Algorand Community. If you think there is something we should have covered, or if you see some exciting Algorand NFT news for our next installment, please let us know on Twitter, Discord, or Telegram. For more from Algopulse visit https://www.algopulse.io/.
