Top News
Nansen's new NFT features
- Nansen’s New Smart NFT Sweeper function
- Smart NFT Sweepers - addresses that have profitably swept (bought a certain no. of tokens from a collection in a single day, for at least a threshold ETH value) at least 3 different NFT collections, with a minimum of 5 sweepings.
- Curious about our other Smart Money labels? Check out our dedicated Wallet Labels & Emojis guide: https://www.nansen.ai/guides/wallet-labels-emojis-what-do-they-mean
- Related Collections for NFTs
- This new feature shows which other NFTs are popular with the holders of a specific project, such as Bored Ape Yacht Club, Azuki, or Moonbirds, and what holders are minting, buying, or selling!
- Do keep in mind that some of the lesser-known NFTs are airdropped to certain NFT holders for self-promotional purposes or even scams. So it's always best to check the 24H Latest Buy Activity table, which only shows buys initiated by the owners.
General NFT News
- Moonbirds caught the market by surprise.
- Minting vol: 19,688 ETH ($60M raised by the team)
- NBA Launches “Dynamic” NFT Basketball Cards that Change to Reflect Player Performance
- The collection features 18K NFTs.
- The reveal will happen on 22nd April 2022.
- Coinbase launches NFT marketplace in Beta
- The beta version currently features collections such as Cool Cats, Doodles, and Azuki.
- Coinbase is now selecting beta testers from its whitelist.
- Testers are able to set up profiles and buy or sell NFTs with their wallets.
- Speculators mentioned that the platform looks like the “Web3 version of Instagram”.
- Gary Vee Releases VeeFriends Series 2 NFT Collection
- The first part of the launch took place on April 18th, with the Friends List and a Series 1 free claim. The public mint will have a total supply of 10,000 tokens and starts on April 25th. The artwork of the characters will not be revealed until the public mint ends.
- HALO Virtual Human NFTs - Extend your Existence in the Metaverse
- Louis Vuitton Release Gamified NFTs to Celebrate Birthday
- The premise of Louis: The Game sees players enter a world in which they can dress up their Louis Vuitton avatar ‘Vivienne’ as they roam around and collect free and educational NFT ‘postcards’.
- WoW X Fabricant Collab
- The collab will take place on May 23rd, together with other notable Web3 female communities.
- Users can trade their NFTs and wear it in the metaverse.
- There will also be an IRL event in NFT NYC for holders.
NFT Market Overview
The overall NFT market is looking healthy. Compared to the slight downturn in the market in early March, the total volume has been picking up (mint sales + secondary sales).
Looking at the wallet activity per week, we see similar signs of interest, with a significant increase in wallet buying and selling.
This Week's Highlights
Moonbirds
Moonbirds generated 113,900 ETH in volume over the past 7 days, with the floor price of 30 ETH at the time of writing. This collection currently dominates the NFT market, with 65% unique holders in the 10k collection.
With its “nesting” feature which will launch at the end of the month, there will be a major supply crunch in the collection. The founder also leaked some alpha in his latest podcast episode with Bankless:
- 95% of the rewards will be the same for every bird, with exceptions for some birds with specific traits (E.g: Hoodie birds will get a physical hoodie at the end of the 3-month nesting period, while Chromie Squiggles with Chromie trait will get a xCopy 1/1 which will be raffled to holders, etc.).
The longer a user “nests” their Moonbird, the higher the utility. This helps to ensure that the value-add is given to long-term holders instead of offering a standardized utility package despite being new/ long-term holders.
Nansen’s new “related collections for NFTs” feature allows you to see what Moonbird holders are minting and buying in the last 24 hours.
Steps: Go to NFT Paradise -> Click Moonbirds collection -> Click “Related Collections” here
24 Hour Latest Buy Activity Highlights:
- The Association NFT by NBA. The floor was staggering at around 0.11 ETH in the secondary market yesterday, and the collection is currently trading at 0.40 ETH in the secondary marketplace today.
- CREYZIES
- WarKitten
Murakami.Flowers Seed
Murakami.Flowers is a work in which artist Takashi Murakami’s representative artwork, flowers, are expressed as dot art evocative of Japanese TV games created in the 1970s. The work is being developed with the number 108 as the keyword; a combination of 108 backgrounds and flower colors make up a field, and there are 108 fields. Each field has 108 flower images, resulting in 11,664 flower images in total. The number 108 is a reference to bonnō or earthly temptations.
Shinsei Galverse
Shinsei Galverse was mentioned in last week’s NFT weekly recap report. Shinsei.
As mentioned last week, this project is an 8.8k collection that explores the themes of beauty and fragility of life and tells the story of Gals shooting across the space to bring peace to the galaxy. The Shinsei Galverse is more than just a story - it is a groundbreaking media project. As a holder, you get to direct the development of the character design, story, and much more. This project is spearheaded by Emi (mum of a 9-year-old NFT artist Zombie Zoo).
The collection minted out ~2 hours during the whitelist period, and the team mentioned that they overallocated the whitelist slots by 20%. This was their response to the overallocation: ““hello there, we were super transparent about being oversubscribed by a small amount, which given the market we felt was fair, based on conversations we had with lots of different teams. we were honestly expecting there to be some form of public sale but the support from y'all has been unbelievable.”
The mint price was around 0.07 ETH and the collection has been ranging from 0.4-0.5 ETH post-reveal. The goal of the project is to collectively create an anime, in which holders will have the autonomy to help direct and create the overall story and direction of the anime.
VeeFriends Series 2
VeeFriends Series 2 is the latest NFT collection released by VeeFriends.
Total Supply of Each Character: 220 tokens (apart from Gift Gift, which will be 555)
- 214 of which will all be 1/1 uniquely generated combinations of characters in one of six different poses, and in front of one of fifty-five Series 2 backgrounds.
- 6 of which will be Character Spectacular 1/1’s: Bubble Gum, Diamond, Hologram, Gold, Lava, and one new addition to the Spectacular family to be announced soon.
Read more about the details of this collection here
Interesting Plays to Watch
Moonbirds and the term “Blue-Chip”
The Moonbirds launch was a historic feat for NFTs. The collection has generated over ~90k ETH alone in secondary sales on OpenSea after merely 5 days post-launch. It has outpaced any other collections in terms of post-launch volume and floor price, even outrunning Azuki’s current floor price of 23 ETH.
Looking at the short-term perspective, the value of the Moonbirds collection is a resemblance to Azuki and MAYC in terms of floor price. At the time of writing MAYC (33 ETH floor) vs. Azuki (24.5 ETH) vs. Moonbirds (30 ETH) floor. At this current stage, most regular buyers are priced out of these collections, and the term “blue-chip” is becoming harder and harder to define. Previously, it is easy to denote a collection as “blue-chip” status when we consider factors such as long-term increase in floor price, historical status in terms of art and community, and its relevance compared to other projects in the space. However, what constitutes the term “blue-chip” is still unclear, and Moonbird seems to be defying all else when it comes to expectations and its consistent growth in floor price.
The rise of Coinbase’s marketplace
It will be interesting to observe if the Coinbase marketplace will direct users away from notable platforms like OpenSea and LooksRare.

Upcoming Projects Highlights
Ragnarok
Ragnarok just announced its official mint date which will be happening on April 27, 2022.
Nansen Alpha members were also given slots to qualify for their whitelists, for those who have not submitted their wallets, please do so in Ragnarok’s #pixel channel on Discord.
Ragnarok aims to be a bridge between the virtual and the real world, incorporating a compelling storyline, ownership, and social metaverse. The gameplay experience will be multiplayer and will revolve around a series of experiences via in-game characters, trading items, and participating in quests. Currently, the game demo is live, but once the first layer of the game launches in May, users will be able to use their NFTs in the gameplay. The team also mentioned that the “fun” will begin after the NFT mint and the NFT acts as the very first layer to an exciting chapter ahead for Ragnarok.
Try the game demo here

Anata NFT
Anata NFT is pioneering the next generation of NFT avatars. Anata is a collection of Live2D VTuber NFTs.NFT owners will be able to create their own online identities and preserve their privacy with one of the unique Anata characters.
Anata can seamlessly integrate VTuber identities with Web3 wallets through a browser extension called Hologram, which allows users to use their Anatas on virtually any given platform.
The Anata NFT collection constitutes 2000 VTuber avatars which have a 50:50 split of masculine and feminine-looking characters - unlike most collections that are primarily one or the other.
The collection is minting today via a dutch auction of a minimum price of 0.25 and each wallet can bid up to 3 times.
Tools for further research
NFT aggregators
- Gem recently launched on January 20.
- Gem allows users to explore and collect NFTs across all the marketplaces on a single interface, giving you a birds-eye view of the market - ensuring you never miss out on a good deal.
- Batch buy & list NFTs across all major marketplaces in a single transaction. Save time & gas.
- Genie was technically the first NFT aggregator in the NFT space.
Due diligence for minting
- Nansen’s guide here
Wallet management + tracking
- NFTBank.ai
- This platform is a leading platform for tracking your NFT inventory
- Zapper
- Zapper is a good tool for tracking an overview of your NFT portfolio
- NFTBank.ai
NFT Marketplaces