The State of Aptos NFTs – Chapter 2

Simply over a month because the launch of Aptos Mainnet and the token launch, issues have nonetheless been a bit shaky with some fast actions over the past week, and the mud has not settled even a bit after the FTX Collapse squeezing the liquidity out of the big gamers and preserving the smaller gamers out of the sport once they wouldn’t need to danger issues at this hour.

Has it been the identical for Aptos NFTs? Within the 2nd episode of “The State of Aptos NFTs“, we’re discussing the identical. When you missed the primary episode, read it here.

The ground of each current good Aptos NFT challenge has fallen since our final story, and that’s not an indication of any panic, as you wouldn’t at all times see a straight upwards trajectory on any challenge charts. Listed here are a few of the high-volume NFT tasks with their present state of affairs and ground value.

The costs talked about beneath are a comparability of what was on November seventh, and now.

Aptomingos was holding a very good 50 APT ground value, whereas now it’s round 28 APT
Aptos Monkeys was at round 24 APT, and it fell all the way down to about 11 APT ground value. The quantity retains going up, although as short-term flippers may very well be taking an exit to welcome some long-term holders, that is all taking place at a gradual tempo
Bruh Bears hadn’t minted after we made the story again then, however after the mint, the ground did bounce to about 25 APT for a couple of minutes, however the closing steady ground revolves round 6.5 APT for now

Why are the flooring down from the previous? That’s how NFTs work, welcome to this facet of the world. The costs do see quite a lot of ups and downs, and whereas on ETH and SOL (the established chains for NFTs) see this primarily based on how the availability and demand are primarily based on the hype generated at instances whereas delivering issues from the roadmap, Aptos has a distinct motive not less than for now – there are usually not many adopters as a result of that is nonetheless a brand new chain and we nonetheless are usually not utterly out of the FTX saga that has stored customers cautious and they might need to save their capital earlier than going degen when issues get higher available in the market.

Lately Minted Initiatives on Aptos

A number of the notable tasks that minted on Aptos included Aptos Undead, Spooks, a free mint from Pontem Community that rewarded each minter with 1 APT together with the NFT, and a number of other different smaller launches on the platform.

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