Huobi Ventures Weekly Report #30

Huobi Ventures Weekly Insights

Insight provided by Blair

NFTs News:

1.Mastercard Joins Metaverse Race Filing 15 Metaverse and NFT Trademark Applications

2.Coinbase’s Upcoming NFT Platform Has 4 Million People on Waitlist

3.Bored Apes Go Hollywood With Coinbase-Produced Movie Trilogy

The trio of films will tie into the launch of Coinbase’s long-awaited NFT marketplace.

4.The National Basketball Association (NBA) revealed plans for non-fungible tokens (NFTs) in a series of trademark filings on April 7.The league also appears to be in possession of two Ethereum Name Service (ENS) domains — nba.eth and theassociationnft.eth

5.Japanese communication giant LINE’s NFT market has been launched

6.NFTrade and Immutable X Partner For First Ethereum Layer 2 Scaling Solution

Summary:

Firstly, affected by the BAYC airdrop, the intrinsic value of PFP NFT blue-chip projects such as Azuki, CloneX, etc., has been further improved. Azuki’s rapid popularity has kicked off new waves of other anime NFT projects throughout the ecosystem. On the other hand, BAYC parent company Yuga Labs will conduct virtual land sales in April, which will detonate a new round of virtual land NFTs market.

Secondly, The popularity of the World of Women project has also led to an increase in the floor price of many female-themed NFT projects, most of which have increased several times. In my opinion, female-themed NFTs will continue to grow until some blue-chip NFTs emerge.

About Huobi Ventures

Huobi Ventures is focused on growing its venture investment portfolio and supporting blockchain projects through long-term investment strategies.Huobi Ventures aims to identify strategic opportunities across different blockchain verticals to complement and expand Huobi’s product offerings. Acquisitions will be integrated into Huobi’s growing suite of blockchain-enabled applications and services to expand the business into new markets.

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Focus on Huobi’s venture investment portfolio and supporting innovative blockchain projects through long-term strategies. Twitter:@HuobiVentures

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Huobi Ventures

Huobi Ventures

Focus on Huobi’s venture investment portfolio and supporting innovative blockchain projects through long-term strategies. Twitter:@HuobiVentures

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