Analysis: ENS domains become "the perfect NFT collection" for bear market?
wublock.substack.com
Author: Maverick Editor: Colin Wu The once unbeatable OpenSea saw its trading volume hit a new monthly low in August over the past year. Blue-chip liquidity such as BAYC, CryptoPunks and Azuki, which had been the mainstays of the market, have been losing ground after a massive liquidation crisis, and daily trading counts have long deteriorated to single digits. However, under this bears, domain names, one of the most valuable assets in the history of the Web, are standing out at this time. ENS domains, the OG type of subject in the NFT industry, are quickly making their way up the trading platform's turnover charts. Nick Tomaino, founding partner of venture capital firm 1confirmation, changed his Twitter nickname to "1492.eth" on Sept. 5 and said ENS is the perfect NFT set.
Analysis: ENS domains become "the perfect NFT collection" for bear market?
Analysis: ENS domains become "the perfect NFT…
Analysis: ENS domains become "the perfect NFT collection" for bear market?
Author: Maverick Editor: Colin Wu The once unbeatable OpenSea saw its trading volume hit a new monthly low in August over the past year. Blue-chip liquidity such as BAYC, CryptoPunks and Azuki, which had been the mainstays of the market, have been losing ground after a massive liquidation crisis, and daily trading counts have long deteriorated to single digits. However, under this bears, domain names, one of the most valuable assets in the history of the Web, are standing out at this time. ENS domains, the OG type of subject in the NFT industry, are quickly making their way up the trading platform's turnover charts. Nick Tomaino, founding partner of venture capital firm 1confirmation, changed his Twitter nickname to "1492.eth" on Sept. 5 and said ENS is the perfect NFT set.