Research Summary
This report provides a weekly update on the NFT market. It highlights an interview with the OnChain Monkey team, a project that has been consistently building and strengthening its community. The report also mentions a partnership with Stickies, a mobile app that animates NFTs into dynamic GIFs. Furthermore, the report discusses Hollywood’s distribution dilemma and how blockchain long-term holder data can be used to track the downfall of different projects. Lastly, the report mentions a discussion around recent positive news in the crypto space and its potential impact on the NFT market.
Actionable Insights
- Consider OnChain Monkey: This project has been consistently building and has a strong community. It recently made its first appearance on the OPJ NFT Top Ten index.
- Explore Stickies: This mobile app animates NFTs into dynamic GIFs, adding a playful element to the NFT experience. Stickies is redefining NFT utility with weekly content drops and surprise artist features.
- Understand the “Data of Disappointment”: Blockchain long-term holder data can be used to track the downfall of different projects. This can provide insights into where and when disappointment might break a community’s back.
- Stay updated with crypto news: Recent positive news in the crypto space could potentially impact the NFT market. It’s important to stay updated with these developments.
