University NFT Gallery, Microsoft 365 Metaverse, Opensea Avalanche
Yesterday’s Market Moves
BTC
S&P
WTI
21,047.60 |
+ 1.56%
3,900.11 |
- 0.30%
111.29 |
+ 1.57%
In the midst of the crypto winter, NFTs are finding their way into legacy positions and companies are placing more bets on a bright future. Here’s how 👇
Read the full issue to find out

$549.82 million in NFT sales took place in September, which shows that monthly NFT sales are more than 88% lower than they were in January. Furthermore, after the search term “NFT” reached the highest score on Google Trends last January, tapping a score of 100, the last week of September’s score was 12, which is also 88% lower in terms of interest.

Some pricey NFT collections, such as Fidenza and Autoglyphs, have retained much of their value. However, these seem to be exceptions to the rule. Other collections are way down from their all-time highs, including the historic CryptoPunks — the first NFT avatar collection — and the Bored Ape Yacht Club.

Some NFT collections like Meebits have crashed in value but occasionally still receive pricey bids. Indeed, earlier this week, one of the most expensive Meebits ever, which sold in May last year for 700 ETH (more than $2.5 million), saw a bid of 98.65 ETH or just over $126,446.

In Other News,
No items found.
Headline
University Of Michigan becomes the first to open NFT gallery

In an exciting move, the University of Michigan is the first university to showcase an NFT gallery. The University has teamed up with Graduate Ann Arbor and MORE Management to launch a sports-inspired NFT gallery called “Victors NFT”.

The NFT gallery is a display of NFTs across six digital screens. These screens will feature BAYC, and art created by athletes from the University of Michigan. Current Michigan sports stars Zak Zinter, Cade McNamara and Mazi Smith are some of the athletes who participated in the project. Furthermore, legendary football quarterback Tom Brady is also a supporter.

Importantly, this University of Michigan-approved NFT gallery will allow student-athletes the opportunity to generate income from these NFTs. Undoubtedly, this will further support their studies and career.

In other headlines,

  • CNN Pulls Plug on Web3, NFT Project Vault. Read More
  • Dapper Labs Suspends All Russian User Accounts. Read More
  • SEC Investigating Bored Ape Creator Yuga Labs Over Securities Violations. Read More
  • DefiLlama founder moves to NFT lending to tackle liquidity constraints. Read More
  • LaLiga And Dapper Labs Unveil Date Of New NFT Platform. Read More

In Other News,
No items found.
Sponsored
Join us at the 2022 WOW Summit!

Crypto Rebel is a proud media partner of this year's World Of Web 3 (WOW) Summit in Lisbon! 🤩

The WOW Summit is set to bring together stakeholders from all over the world to network and chart the course for the future of Web3!

Our CEO Mik Mironov is set to speak alongside a host of top web 3 stakeholders. Be sure to join us on the 1st - 3rd of November, 2022! 🙌

Sign up for the WOW Summit
In Other News,
No items found.
Metaverse
Meta to bring Microsoft Office 365 apps into the metaverse

Meta has teamed up with Microsoft to bring Office 365 apps to the metaverse in a bid to advance the usability of its virtual reality platform.

The partnership was revealed during Meta’s Connect 2022 keynote on Oct 11 when Microsoft CEO Satya Nadella said that its Mesh for Microsoft Teams mixed reality overlay will integrate with Meta’s Quest and Quest Pro VR headset. In addition, Microsoft 365 apps will also be available on Meta Quest devices.

“We’re bringing the Microsoft Teams’ immersive meeting experience to Meta Quest in order to give people new ways to connect with each other. Now, you can connect, share and collaborate as though you are together in person,” Nadella said. “As in-person work ramps up, we want everyone to have the ability to feel like they’re present,” Meta CEO Mark Zuckerberg added.

Meta’s integration with Microsoft Teams will also allow users to join “immersive” meetings in Horizon Workrooms. Zuckerberg also teased a new feature called “magic rooms,” designed for hybrid teams where some are working remotely while others are present in the office. Magic rooms allow teams to work in mixed reality rather than solely in VR.

In other news,

  • Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit. Read More
  • Didimo Raises $7.15M in Series A to Bring Digital Human Avatars to the Metaverse. Read More
  • Hong Kong University Launches Metaverse Postgraduate Programme. Read More
  • Dove takes beauty in the metaverse via “Real Virtual Beauty” campaign. Read More
In Other News,
No items found.
Marketplace
OpenSea launches NFT marketplace on Avalanche

OpenSea has added NFTs from the Avalanche blockchain to its online marketplace, according to a company announcement yesterday.

Shiva Rajaraman, VP of product at OpenSea said “The future of web3 is multichain; and it’s always been our goal to offer the best selection and connect people with projects and creators across the chains they prefer.” “We listen to our community, and part of our community really wanted to have OpenSea,” said John Wu, president of Ava Labs.

OpenSea, the world’s largest NFT marketplace, will operate on the blockchain alongside existing platforms like NFTrade and other Avalanche-focused NFT marketplaces, including Joepegs and Kalao.

In other news,

  • Smartlink Launches the First Web3 Marketplace using Decentralized Escrow. Read More
  • Polygon Collaborates With Virtua to Ramp up Its NFT Marketplace. Read More
In Other News,
No items found.
Quiz Answer
Read more like this
Pearpop's $300M Round, Game7's $100m Grant, Sotheby's Metaversity
Published:
Friday
,
30
/
11
/
2022
The NFT space is proving to be a resilient shining light amidst the larger market’s turmoil. 💪💯 Today’s issue features bullish moves from a web3 social media platform, a web3 gaming accelerator, a famed art house and a leading NFT studio!
Read More
Magic Eden x Polygon, Mattel Marketplace, The Sandbox Sale, & GTA's NFT Ban
Published:
Friday
,
23
/
11
/
2022
In the midst of bearish sentiments in the wider markets, NFTs are bucking this trend! There are new big winners and losers in the market, while there is yet to be a consensus on the issue of royalties.
Read More
Nike's Swoosh, Royal Family's Metaverse, Ronaldo's NFTs, Playstation
Published:
Friday
,
16
/
11
/
2022
NFT degens remain diamond hands, even in the midst of crisis. Thankfully, this has proven to be true in the post-FTX market! This week, we have huge brands such as the Duke & Duchess of Essex, Cristiano Ronaldo, and Nike showing how bullish they are on this space!
Read More
Pearpop's $300M Round, Game7's $100m Grant, Sotheby's Metaversity
Published:
Friday
,
30
/
11
/
2022
The NFT space is proving to be a resilient shining light amidst the larger market’s turmoil. 💪💯 Today’s issue features bullish moves from a web3 social media platform, a web3 gaming accelerator, a famed art house and a leading NFT studio!
Read More
Magic Eden x Polygon, Mattel Marketplace, The Sandbox Sale, & GTA's NFT Ban
Published:
Friday
,
23
/
11
/
2022
In the midst of bearish sentiments in the wider markets, NFTs are bucking this trend! There are new big winners and losers in the market, while there is yet to be a consensus on the issue of royalties.
Read More
Pearpop's $300M Round, Game7's $100m Grant, Sotheby's Metaversity
Published:
Friday
,
30
/
11
/
2022
The NFT space is proving to be a resilient shining light amidst the larger market’s turmoil. 💪💯 Today’s issue features bullish moves from a web3 social media platform, a web3 gaming accelerator, a famed art house and a leading NFT studio!
Read More
Magic Eden x Polygon, Mattel Marketplace, The Sandbox Sale, & GTA's NFT Ban
Published:
Friday
,
23
/
11
/
2022
In the midst of bearish sentiments in the wider markets, NFTs are bucking this trend! There are new big winners and losers in the market, while there is yet to be a consensus on the issue of royalties.
Read More
Nike's Swoosh, Royal Family's Metaverse, Ronaldo's NFTs, Playstation
Published:
Friday
,
16
/
11
/
2022
NFT degens remain diamond hands, even in the midst of crisis. Thankfully, this has proven to be true in the post-FTX market! This week, we have huge brands such as the Duke & Duchess of Essex, Cristiano Ronaldo, and Nike showing how bullish they are on this space!
Read More