Non-Fungible Thursdays: What Happened With NFTs This Week? [May 12, 2022] | CoinMarketCap

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Non-Fungible Thursdays: What Happened With NFTs This Week? [May 12, 2022] | CoinMarketCap
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CoinMarketCap and nansen_ai look at the most exciting events in the NFT space this week: 🔸 Price updates of BoredApeYC cryptopunksnfts 🔸 beeple teamed up with Madonna & news on coinbase & yugalabs

NFT Prices Plummet as General Crypto Market Slumps

The losses also extended to top Solana collections as well. Okay Bears, DeGods and Cets on Creck are all down in prices from their all-time highs. Popular NFT artist Beeple has teamed up with the queen of pop Madonna on an exclusive NFT project. Dubbed “Mother of Creation,” the NFT collection showcases the singer giving birth to different aspects of life.

The second NFT, titled “Mother of Evolution,” highlights animal life. Again, the singer is depicted naked and seated in a modified vehicle in the middle of a crumbling city. Several butterflies come out from her. “I never want to be provocative just for the sake of provocation. They stand for hope. They stand for technology.”NFT market prices may be dwindling but that is not enough to stop a collector from spending a premium on a piece of virtual land on Otherside.

Speaking of the land’s rarity, Otherdeed #59906 contains a 1 of 1 artifact that was shown in the official Otherside trailer.

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