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BAYC has 10% of the total market cap of NFTs, this project has been at the center of the conversations about copycats.
Soulbound tokens, with their air of myth and legend, have very real applications that could significantly disrupt the finance sector, bringing decentralization to DeFi and creating a whole new way of thinking about society.
That kid who created his own $400,000 NFT project, Benyanub Ahmed, joined another successful NFT group. Together, their sales volume moved past the $5 million mark after just three weeks.
Goldman Sachs has announced they are exploring NFT's- Why? Despite being a playground for collectibles, for some its the logical next step for incumbents.
Most NFTs function right now as digital collectibles, traded on marketplaces like the ever-popular OpenSea.
The site saw $3.4 billion in trading volume in August, 10 times the trade volume in July.