OpenSea was reportedly the NFT market leader. NFT trading volumes fell in February.
Despite the fact that trading volumes are down at the beginning of February, some major names have made their way into the NFT space since the beginning of the year.
NFT Marketplace Gets Big Names
A number of prominent names have been driving investor interest in NFT markets. Some NFTs have been used in groundbreaking ways to connect the virtual and real worlds.
At the beginning of the year Quentin Tarantino, and Secret ( SCRT), joined forces to sell 7 Pulp Fiction Non-Fictive Tokens. The first Tarantino NFT collection was sold for $1.1 million in January. Tarantino’s NFT sales were not the only film news this year. News was reported in January by Blockbusters, who filed trademark applications to overhaul the home entertainment market. Music and Sport continue to embrace NFTs. Even the United Nations plans to display an NFT display in March to commemorate International Women’s Day.
Christies was the only art house to sell EVERYDAYS: THE FIRST 5,000 DAYS for $69.3 million. Sotheby’s has 104 CryptoPunk NFTs that will be auctioned off later in the month.
Trumps and digital assets are not strangers
Digital asset advocate Melania Trump also joined the NFT space due to so much interest. The former first lady launched her NFT platform Melaniatrump using the Solana ( SOL ) blockchain. The platform was launched by Melania’s Vision, her first NFT.
The platform hosted the sale of 2022 NFT, Head of State Collection, following the sale of Melania’s Vision. It is an NFT of the Head Of State Collection Melania Trump bought for $170,000
Trump announced via Twitter that the Head of State Collection would be up for auction.
The former first lady is a crypto advocate. However, President Donald Trump has been critical of the crypto market. Eric Trump also made a news last month and called TrumpCoin (TRUMP), fraudulent. TrumpCoin has apparently changed its name to Freedomcoin ( FREE) since the threat of legal action.