Non-fungible weekly
Posts
Non-fungible Weekly #4

Non-fungible Weekly #4

Okay Bears Hype, BAYC - Otherside, Bridgesplit updates & more

Jake Lieser
May 02, 2022

Solana sees another outage... Okay Bears shatters Solana records, BAYC - Otherside land sale breaks Ethereum, Bridesplit updates & more.

I just paid $14k in gas to mint 4 Otherdeeds for Otherside. I’m going to go throw up now. @BoredApeYC
— Hustler (@0xHustler)
2:25 AM • May 1, 2022

Bridgesplit Updates...

Bridgesplit had a great time in the Bahamas, co-hosting an event with MonkeDAO and Sino Global Capital 🌴
NFT Staking is going live with Playground Waves and Epochs this week.
Bridgesplit now supports mobile!
Bridgesplit is hiring a Head of Marketing/Content. If you're looking for a full-time position and willing to relocate to New York, email [email protected]

Okay Bears Hype

Courtesy of MagicEden

The Okay Bears have taken the Solana Ecosystem by storm. Since Day 1 of their mint, the project has done more volume in a few days than many Solana Blue Chips have done in months. They started by garnering a following through Discord, Twitter, and a grassroots campaign for WAGBO and #WeAreOkay. OkayBears has illustrated how the people’s voice can be a powerful force. Whether you FUDed them as just another PFP or aped in on secondary, they are bringing awareness to Solana NFTs. This type of phenomenon makes people sit up, take notice, and wonder, “What’s going on over there on Solana?” The Okay Bears find themselves in a unique position to make a statement about what an NFT community can become.

NFT Market Updates

Collections have cooled off a bit with Okay Bears stealing the show.

Okay Bears rocketed up to 180+ SOL Floor 🚀 (Now 70, sad)
Grim Syndicate rose to over a 23 SOL floor
DeGods floor comes back down to 240 SOL
Cets on Creck floor comes back to 60 SOL

Other NFT news this past weekend was focused on the Bored Ape Yacht Club land sale - Otherside. It was the largest NFT mint in history, raising over $320 million. However, gas fees were astronomical, causing broader chain congestion and unusability and Etherscan crashed. As you might imagine, there were a lot of bitter NFT traders. What was the bigger news this week - Okay Bears or the Yuga Labs land sale? Is OkayBear on its way to blue-chip status or is the hype already fading? Let us know your thoughts!See you all next Monday!