What’s Going On in the Generative NFT World These Days? An Update as of Fall 2023 | by Jim Dee, OG Web3 Dev & Generative NFT Code Expert | Generative NFT Programming Articles | Sep, 2023
NFTs, Generative NFTs, NFT Market update
Not a ton, actually, but it’s always good to catch up on a handful of sets.
A few different people have asked me lately what was going on in the NFT market lately. I suppose that fact may, in some small way, be an indicator that not a ton of people are really experiencing much activity. But my experience is but a small subset of the overall market, of course.
I’ve kind of been laying low myself, to be honest. While I’ve been messing around with Ethscriptions a bit (see my previous posts), I haven’t really launched or worked on many sets this summer. (I’ve also been busy finishing up writing another novel — an activity that always takes a lot of focus and extended concentration. Got that finished, though, and am now looking for an agent.)
Anyway, back to NFTs… So, anytime I fall out of touch, what I like to do is to go to OpenSea and look at various filtered/sorted screens on their rankings page because, with jut a few clicks, you can easily get back up to speed.
For me, I like to set it up initially as follows:
- Set the chain on Ethereum. (If you want to know why, here’s an entire article on why Ethereum is #1 for NFTs.) So, click that logo:
- Then set the timeframe to whatever makes the most sense for you. I’ll set it here to 30 days.
- Next, I like to click on the Sales item, so that it shows sales in a descending manner, like so:
- And finally, I like to scan down the “% Items listed” column, which indicates how many NFTs are in each set. Anything under about 5,000 I’m not personally too interested in. Anything over 20,000 I’m also not very interested in. (Again, my specialty is generative NFT sets, which typically range from the low thousands up to about 20k. They can be less or more, of course. But the typical ones are most interesting to me for various market indications and trends.)
From there, if I get rid of the ones that are beyond my desired set sizes, the top 10 active sets for the immediate past 30 days are basically as follows:
- frENS — 16,000 sales, 370 ETH…
