Skyweaver is ready to launch its land sale event-NFT price drop

• As part of its planned metaverse initiative, the team behind one of the top meme coin projects, Shiba Inu (SHIB), is releasing tokenized real estate named “Shiba Lands.”

• The start date for the tokenized land sales and auctions will also be revealed soon, and holders of the LEASH token (accessible through Shiba Swap) will have early access to the land sale events.

• NFT floor prices in the basement The NFT market has experienced a significant drop this week, with the floor prices of a long list of popular projects losing roughly 10%.

Skyweaver is live

Skyweaver has been in development for four years and finally started its open beta this week, as the BAYC floor price continues to fall.

The long-awaited open beta for NFT’s turn-based card game Skyweaver went live this week, following months of testing behind closed doors for a small number of players.

Skyweaver is based on the Polygon network and was designed by Horizon Blockchain Games, a firm that also co-authored the ERC-1155 token standard. The game allows players to battle each other to collect and earn tokenized cards, which they can then exchange via the game’s marketplace.

As part of its planned metaverse initiative, the team behind one of the top meme coin projects, Shiba Inu (SHIB), is releasing tokenized real estate named “Shiba Lands.”

Shiba’s future metaverse is yet unnamed, with the team referring to it as the “Shiberse” and indicating that the real title will be announced later this month.

NFT price drop

The market appears to be calming down following a remarkable rise so far in 2022, with the BAYC’s floor, in particular, starting the year at 60 Ether before nearly tripling to over 118 Ether by February 1.

NFT floor prices in the basement The NFT market has experienced a significant drop this week, with the floor prices of a long list of popular projects losing roughly 10%.

According to NFT Price Floor statistics, the Bored Ape Yacht Club (BAYC), CryptoPunks, and Clone X have lost 8.79%, 9.47%, and 6.67% in the last 24 hours, respectively, to sit at 91 Ether, 66.95 Ether, and 14 Ether.

The diminishing trade volumes observed on OpenSea are a primary factor connected with the declining floor prices of the leading projects. Cointelegraph reported earlier today that total trading activity on the site has decreased by 30%.

Physical NFT property

Leslie Alessandra, the creator of Tampa-based blockchain business Defi Unlimited, is using NFT to auction off the property rights to her $650,000 home.

Alessandra’s five-bedroom Spanish-inspired home goes on the market today in collaboration with real estate agency Heckler Realty and blockchain startup Propy.

ALSO READ: Learn everything about Ethereum Name Service

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

Latest posts by Steve Anderrson (see all)