Coin Edition -
- Charles Hoskinson unintentionally boosted the popularity of the Freya NFT project.
- The Freya NFT project experienced a remarkable increase of 648% within two days.
- Data reveals Bitcoin as the number one chain in terms of NFT sales volume.
The founder of Cardano, Charles Hoskinson, inadvertently sparked a surge in interest for the NFT project named Freya when he shared a now-deleted picture on X featuring himself and his dog, whose name is Freya.
In the post, he tagged an account associated with a dog-themed NFT project that shared the same name as his pet. While initial reports suggested that Hoskinson tagged the account accidentally, the NFTs associated with Freya experienced a notable uptick in trading, driven by the misconception that Hoskinson was connected to the project.
In a subsequent post on X, Hoskinson clarified his lack of involvement with “fan projects like Freya or other NFT plays.” He explained that people had created artwork featuring him and his dog, but he asserted that he had no affiliation with the Freya project.
Just so it's absolutely unambiguous. I have nothing to do with fan projects like Freya or other NFT plays. It's flattering that people make artwork about my dog or my life, but I'm not affiliated, have not done any diligence on these projects, and do not endorse them. It's…— Charles Hoskinson (@IOHK_Charles) December 10, 2023
According to data from the asset tracking platform on Cardano Taptools, Freya witnessed an impressive surge of 648% within a span of two days.
The NFT landscape has seen additional noteworthy developments, with Ethereum registering a decline in sales volumes. Data from NFT data aggregator CryptoSlam ranked Bitcoin as the number one chain in terms of NFT sales volume, surpassing Ethereum and Solana over the past seven days.According to The Block’s data for the week of December 3-10, Bitcoin recorded an NFT trading volume of $121.28 million, while Ethereum and Solana posted volumes of $96.69 million and $61.47 million, respectively.
The post Charles Hoskinson Unintentionally Boosts an NFT; Ethereum Sees Decline in NFT Volume appeared first on Coin Edition.