Back to Blog

The NFT market continues to surge in 2022

Daily Debrief

Good morning.

January 7th, 2022

The NFT market continues to surge in 2022, with the news this week that NFT marketplace OpenSea has been valued at $13 billion following a $300 million Series C funding round. Just days earlier, the company saw Ethereum trading volume on its platform hit $243 million, its best performance since August. Separately, NFT investment firm Metaversal raised $50 million in a Series A round, with participants including Dapper Labs and Digital Currency Group, while GameStop’s plans to launch an NFT marketplace have advanced with the creation of a dedicated new unit within the company.

Top Stories

Our curated daily bundle of stories.

OpenSea Valued at $13.3 Billion as Ethereum NFT Market Booms Again.

OpenSea had its second-best month for Ethereum NFT volume in December, so it’s no surprise that VCs want in.

News â–¸ NFTs Jeff Benson ¡ Jan 5, 2022 3 min read ➜

NFT Venture Firm Metaversal Raises $50M From CoinFund, DCG, Dapper and More.

The NFT venture studio is focused on multi-chain projects and investments.

News â–¸ NFTs Andrew Hayward ¡ Jan 4, 2022 3 min read ➜

Ethereum NFT Market Soars in First Days of 2022 After OpenSea Marks Another $3B Month.

The Bored Ape Yacht Club and XCOPY are the biggest winners as OpenSea notches its best day of trading volume in months.

News â–¸ NFTs Andrew Hayward ¡ Jan 3, 2022 5 min read ➜

GameStop Hires 20-Person Team for Gaming NFT Marketplace, Stock Surges.

GameStop stock rose 31% in after-hours trading.

News â–¸ Gaming Jeff Benson ¡ Jan 6, 2022 2 min read ➜

Castlevania’s Konami Is Latest Video Game Giant to Jump Into Ethereum NFTs.

Following the lead of Ubisoft and Square Enix, the publisher of Metal Gear and Contra is launching Castlevania-themed collectibles.

News â–¸ Gaming Andrew Hayward ¡ Jan 6, 2022 4 min read ➜

Our Partner

Decrypt Daily Top 5 is brought to you by…

Markets

The top coins from the last 24 hours.

Bitcoin BTC $41,925.74 -3.58%
Ethereum ETH $3,196.58 -7.73%
Binance Coin BNB $453.79 -6.07%
Solana SOL $138.96 -10.10%

Feature Spotlight

New deep dives into Web 3.0 past, present and future.

One Year After Capitol Hill Riot, Far Right’s Love Affair With Bitcoin Persists

One year after far-right activists stormed the US Capitol, the same groups are increasingly embracing Bitcoin and Monero for financing.

Features â–¸ Long Reads Scott Chipolina ¡ Jan 6, 2022 6 min read ➜

Big Events, Big Ideas

The big ideas and emerging trends Decrypt cares about.

NFT Revolution

NFTs are provably unique crypto tokens that are quickly becoming increasingly popular among digital artists, gaming companies, and investors. Track the NFT revolution here.

Collection Last updated: Jan 6, 2022 612 pieces