The Nightly Mint: Daily NFT Recap
Ragnaroks, Okay Bears, Moonbirds… oh my? Many projects that have just gone to mint show how fast this space can move. In just a few weeks we have projects – Moonbirds is a good example – that are categorized with some of the NFT’s GOATs. Apparently we’re early. Don’t worry, we haven’t forgotten about The Otherside NFTs – launching tomorrow.
However, we close the week with quick stories about a new sports complex entering the NFT world and a new record for BAYC.
The Nightly Coin
Latest Mint: PGA Tour NFTs
We have seen the NBA, WNBA, NFL, UFC, MLB and other major leagues in the US testing the waters with NFTs. One major sports complex that we haven’t seen dive into yet is the PGA Tour, the flagship of golf professionals.
The PGA is finalizing several NFT programs that will reward top-performing players with guaranteed funds, according to today’s reports. The league has so far locked up Autograph and Sorare as formal partners, with more to follow. The opt-in program rewards players at their highlights on a pro-rata basis, and the league is looking for a program “designed to create incremental and perpetual royalties for players who require little to no time commitment.” The ownership of digital rights is increasing.
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The APE token will be used in tomorrow’s ‘The Otherside’ drop, sparking massive speculation about the token’s possible price action in the coming days. † Source: APE USD on TradingView.com
BAYC sets a new record floor
The bottom price for a Bored Ape Yacht Club NFT has reached all-time highs today, north of 150 ETH – a new high in terms of both ETH and USD. The half-million dollar price tag is more than 5x of October and November prices. The new ‘status symbol’ shows no signs of slowing down.
The ‘Minty Fresh’ Take
If you think the top is in, go ahead and buy in.
I’ll buy a fine bear so your fun can stop, I’m tired of it
— tmas.eth 🍌 (@itstylersays) April 29, 2022
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Featured Image from Pexels, Charts from TradingView.com The author of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.