Bullish Trends

The NFT market hits $1 billion, while FIFA kickstarts a World Cup NFT initiative, and 'Mickey and Friends' enter the blockchain.

Author

Leah Alger
December 12, 2023

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This Week's Low-Down:

  • 🚀 NFT Market Hits $1B Milestone—Spotlights Bullish Growth

  • ⚽ FIFA Kickstarts Exclusive ‘World Cup 2023’ NFT Initiative

  • 🐭 Disney's ‘Mickey and Friends’ Enter the NFT World with Funko

What's Happening Header

  • Top Cryptocurrencies to Buy This Week [Monday Dec 11, 2023 Edition] (Bitcolumnist)

  • Valeria Games’ Next Venture to Feature BAYC, Azuki, CryptoPunks (NFT Plazas)

  • Gods Unchained Rated 'Adults Only' for Play-to-Earn Elements, Booted From Epic Games Store (Decrypt)

  • Web3 Watch: Solana and Bitcoin top Ethereum in NFT sales (Blockworks)

  • Why Are Solana NFTs Booming? It’s About Liquidity (nft now)

  • Michael Jackson’s Big Boy Releases as Digital Vinyl NFT (Bitcolumnist)

  • Pudgy Penguins Offer a Glimpse into Pudgy World 2024 (NFT Plazas)

  • Megadeth Drops NFT Collection, Offers Exclusive Access to Metaverse And Real World Events (Crypto News)

  • Amazon Prime Is Giving Out Free Items for NFT Game ‘Champions Ascension’ (Decrypt)

  • Art, Apps, and Parties: DeLabs Latest Announcements (nft now)

  • Animoca Brands’ $11.88M Boost to Transform Mocaverse (NFT Plazas)

  • Reebok and Futureverse Unite to Innovate Fashion (NFT Plazas)

  • Final Fantasy Publishers Square Enix Debut NFT Auction for New Web3 Game (nft now)

  • South Korean Regulator Rules NFTs Are Not Subject to Crypto Law (Crypto News)

Trending Collections on OpenSea:

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NFT Market Hits $1B Milestone—Spotlights Bullish Growth

NFT trading volume nears $1 billion in November, showing a bullish trend with a 114% increase in average transaction value — these are the top 10 NFT collections bolstering the market, as per DappRadar data:

  • The NFT market has seen a 125% surge in trading volume in November, continuing its upward trend for the second consecutive month.

  • Steady weekly increases in NFT sales have been reported since October; blockchain gaming sees a 14% rise in active wallets, indicating growing market interest.

  • In 2023, blockchain gaming projects attracted $2.3 billion in investments, with a significant $600 million in Q3 alone, showing strong investor confidence.

  • The NFT market and blockchain gaming are experiencing dynamic growth, suggesting market maturation and potential for future expansion and innovation.

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FIFA Kickstarts Exclusive ‘World Cup 2023’ NFT Initiative

FIFA launches its own NFT collection in conjunction with the 2023 Club World Cup, offering a unique digital memorabilia experience to soccer fans.

  • An initial set of 100 NFTs featuring opportunities to win tickets to the FIFA World Cup 2026 final will be released on December 15, marking FIFA's significant foray into digital collectibles.

  • Alongside the initial 100, an additional 900 NFTs will be issued on the Polygon network and OpenSea, capturing memorable moments from the ongoing tournament.

  • Since its launch in September 2022, the FIFA+ Collect platform has seen 909,255 NFTs minted, with a total trading volume of $2.4 million across its primary and secondary markets.

  • This move by FIFA, in partnership with Modex, represents a strategic venture into the digital realm, enhancing fan engagement through digital collectibles and aligning with modern trends in sports fandom.

    Disney's ‘Mickey and Friends’ Enter the NFT World with Funko

    Funko is releasing a new series of Digital Pop! collectibles featuring Disney's Mickey and Friends characters on December 12, exclusively on Droppp.io.


  • The Digital Pop! collectibles are a digital version of Funko's famous Pop! figurines, now transformed into digital trading cards incorporating NFT tech.

  • All will be available in two pack options: a standard pack with five Digital Pop! cards priced at $9.99, and a premium pack containing 15 cards for $29.99.

  • Each pack type is limited to 21,250 packs, making them rare and collectible.

  • Purchasing packs gives collectors a chance to uncover rare digital collectibles that can be redeemed for corresponding limited-edition physical Pop! collectibles, including characters like Mickey Mouse and Goofy.

Today's edition was written by Leah Alger