NFT Market News: Week of January 3rd to January 9th, 2022

It’s the first week of the New Year, the week that continues with the bearish cycle of cryptocurrencies. And of course there is a lot of action in the NFT scene with a huge amount of NFT market news going through the week.

NFT Market News: NFT is set to explode on OpenSea

While some of the largest crypto tokens got off to a tough start into 2022, OpenSea‘s volume hasn’t slowed a bit. In fact, according to Dune Analytics, the daily volume (in ETH) per day on OpenSea this year is greater than any other day in the fourth quarter of 2021. NFTs will explode on OpenSea starting this year.

NFT Market News: Samsung Adds NFT Support for 2022 TVs

Considered one of the largest traditional tech conferences each year, CES features big news, new announcements, and wild concept demonstrations.

This year, for the first time in several years, the NFT star of the show is Samsung, which announced NFT integration on smart TVs for 2022.

NFT Market News: GameStop NFT is on the rise

While RadioShack has been rebranded to a new DeFi engine, and Meme stocks AMC have made lots of headlines in crypto, another old tech and entertainment franchise (and arguably the source of the new one) is entering all of Meme stocks, GameStop, the NFT square . GameStop reportedly put together a team of 20+ people this week to showcase its NFT marketplace later this year.

GameStop, which hosted one of the craziest stock market stories of last year, saw massive volatility last week after announcing plans to launch its NFT marketplace later this year.

NFT Market News Nas becomes the newest hip hop artist to hit the NFT space

Hip-hop and electronic music really were the top genres when it comes to NFT. Eminem (who recently bought his own Bored Ape) and Jay-Z (the owner of CryptoPunk himself) got into crypto last year and now legendary hip hop artist Nas is the newest artist. Nas will partner with 3LAU’s Royal platform to deliver royalties in two ways through two pre-existing NFTs and three license offerings. Nas will be the first to sell copyrights on the platform.

NFT market news: K-pop band BTS releases NFT

BTS is one of the biggest names in K-pop, and starting in 2022 with a new NFT announcement, it’s making their fan base … less excited. In response to major fan concerns about sustainability, BTS responded to angry fans who said the NFT series’ carbon footprint was extremely small – but many weren’t convinced. BTS has announced that regardless of their partnership with financial services company Dunamu, they will move forward. Dunamu released its first NFT with BTS last month in November and continues to grow in popularity in the new year.

NFT Market News: Balmain and Barbie See Latest Fashion Integration With NFT …

Thanks to Balmain’s recent collaboration with Barbie, three new fashionable NFTs are coming out this week. Three NFTs are being sold through an auction on MintNFT. Balmain started a strong NFT push last month after major fashion brands like Burberry and Gucci (to name a few) launched last year. And it’s not the first foray into space for Barbie maker Mattel, either, as the brand previously marketed NFT Hot Wheels and worked with Gary Vaynerchuk’s VeeFriends project. In what can be described as a one-of-a-kind partnership, Mattel President and COO Richard Dickson named Balmain “the perfect partner to transform Barbie’s unique silhouettes into a contemporary iteration of digital art and physical fashion.”

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