Nifty News: AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens, and more

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Italian professional football club AC Milan will issue its first non-fungible token (NFT) project in collaboration with the BitMEX crypto exchange, with proceeds going to the club’s charity arm, Fondazione Milan.

The limited-edition collection will include 75,817 NFTs, which is a representative of the capacity of the club’s home ground San Siro Stadium, and will feature a 3D image of a jersey found in South Sudan by Danish war photographer Jan Grarup, who is in the country. Doing documentation. Extensive flooding last December.

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BitMEX partnered with AC Milan to contribute to the project by offering trading discounts and “other benefits” for the first 10,000 pre-orders BitMEX will also donate to Fondazione Milan by purchasing “a large number” of NFTs.

Per the announcement, the club says the proceeds will contribute to the funding of its charitable works around the world, notably referring to the ongoing crisis in Ukraine and a UNICEF project in South Sudan.

Magic Eden will accept tokens from DeGods and Aurory projects

Magic Eden, the largest marketplace for Solana (SOL) NFTs according to DappRadar, has confirmed that it will accept tokens from popular Solana NFT projects, DeGods DUST and Aurory’s AURY, in the coming weeks.

The market first teased the integration of the DUST token in late March, tweeting “brb integrating $DUST” on March 31. On April 1, a picture of a Magic Eden-themed bar with the caption “$AURY” was tweeted.

DeGods is the most traded collection on Magic Eden in 30 days according to its own statistics and its all-time trading volume on the platform of 307,121 SOL, or $33.8 million. Aurori ranks third in sales volume for the Solana NFT project according to DappRadar, with an all-time volume of $79.5 million.

related: Content creators are introducing a new paradigm with NFTs

The integration of the token could be the latest attempt by the platform to reinvent itself as Solana’s native NFT marketplace, when OpenC announced it would integrate Solana, putting the two platforms in direct competition.

According to reports, Tiffany Huang, head of content and marketing at Magic Eden, said that the platform is looking to integrate tokens from other “blue chip” NFT collections.

Solana NFT sales are booming

Solana NFTs are seeing a significant increase in volume, with sales of NFTs on the Solana blockchain exceeding $9.2 million in the past 24 hours, an increase of 51.5%, according to analytics firm CryptoSlam.

There was a drop in trading volume for Solana NFTs following the announcement that OpenC would integrate the blockchain, with trading volume between March 30, when OpenC announced the Solana integration, and April 6, the day before the integration went live. decreased by 34.4%.

Speaking of NFTs, Ethereum (ETH) is still the top network with $49.4 million in sales made in the last 24 hours.

Other Nifty News

Starbucks has announced its foray into NFTs, with CEO Howard Schultz stating that “shortly before the end of the calendar year, we are going to be in the NFT business.”

Autograph, the NFT platform co-founded by Tom Brady, has signed a multi-year partnership with ESPN to produce a documentary and NFT archive titled “Man in the Arena: Tom Brady,” which details the NFL legend’s career .