Nifty Analysis
Reactions to Apple’s NFT guidelines seem to be mixed. On one hand, Apple clarifying its approval of NFT sales within iOS apps is exciting. The current mobile NFT experience is very poor and any path to mainstream adoption will likely include a heavy emphasis on mobile. On the other hand, the introduction of restrictions designed to preserve Apple’s 30% fee on in-app purchases is troublesome to many people. This is a market where people are eager to switch marketplaces to simply avoid a 2.5% fee; 30% is unbelievable to many current NFT participants.
Nonetheless, in the long run, this 30% cut may be accepted in some circumstances for NFTs. Today’s mobile in-game skins and currencies largely pay this cut to either Apple or Google and have become wildly popular and profitable for both developers and these big tech app store owners. With this context, it is perhaps most crucial that Apple is enabling a feasible path to onboarding millions of new users. The restrictions are a tough pill to swallow but may ultimately prove to be beneficial.
Project News
Apple clarifies its approval of the sale of NFTs within iOS apps so long as NFT ownership “does not unlock features or functionality”:
Tiffany and Co. sends NFTiff holders sneak peek of their custom CryptoPunk pendants:
Rimowa announces their NFT collaboration with RTFKT detailing a custom physical suitcase and a limited-edition NFT:
Community News
Subreddit community dedicated to trading Reddit Collectibles bans well-known Bored Ape Yacht Club collector Franklin, sparking many NFT twitter posters to join the subreddit to defend him:
The Hands #1 Reddit Digital Collectible Avatar purchased for 30 ETH:
Quick Stats:
OpenSea USD Daily Volume: $7.74M (▲ 8.06%)
OpenSea ETH Daily Volume: 5,617 ETH (▲ 3.65%)
BTC: $19,382.28 (▲ 0.13%)
ETH: $1,363.00 (▲ 1.53%)
Solana: $28.63 (▼ 0.60%)
NFT Daily Winners:
Chromie Squiggles: 12.80 ETH (▲ 2.40%)
Clone X: 8.20 ETH (▲ 0.61%)
Bored Ape Yacht Club: 71.80 ETH (▲ 0.56%)
Proof Collective: 40.50 ETH (► 0.00%)
Azuki: 11.49 ETH (► 0.00%)
VeeFriends: 6.50 ETH (► 0.00%)
NFT Daily Losers:
Mutant Ape Yacht Club: 13.00 ETH(▼ 0.51%)
Doodles: 7.15 ETH (▼ 0.56%)
CryptoPunks: 65.00 ETH (▼ 2.18%)
Moonbirds: 8.75 ETH (▼ 2.56%)
DigiDaigaku: 10.90 ETH(▼ 2.68%)
Notes:
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