The Nightly Mint: Daily NFT Recap

After a booming week of new Nightly Mint specials, we’re closing off the week on a relatively quiet note in NFTs. Nonetheless, there’s always some action for us to cover.

The University of Arizona will allow athletes to profit off of NFTs, Solana is making some moves, and we’ve got a friendly reminder to keep looking forward – we’re talking about jpegs, after all. Stay positive.

It’s all in a day’s recap here at The Nightly Mint. Let’s dive in.

The Nightly Mint

Latest Mint: University Of Arizona Athletes

NFT opportunities started sprouting up at universities last year – including University of Arizona. But this week, a new deal between University of Arizona and Athlete Assets will allow university-owned logos and other assets to be utilized in NFTs. It is seemingly the first commercial copyright licensing agreement around NIL (name, image and likeness) for athletes in the crypto space. Athletes will earn a large majority of NFT revenues. Expect other collegiate institutions to follow suit.

Related Reading | Cardano (ADA) Retrieves 8th Position In Market Valuation During Ecosystem Inflows

Solana (SOL) continues to make an aggressive push in maintaining it's #2 position in the NFT landscape. | Source: SOL-USD on TradingView.com

Solana Makes A Splash

Coinbase Wallet has added support for NFTs and will now allow users to send, receive, and store SOL and SPL tokens through its browser extension, according to our latest report. Solana has solidified itself as a secondary power-player behind Ethereum when it comes to the NFT landscape. Solana, like many Ethereum competitors, looks to offer scalability solutions that have proven to be a challenge for the Ethereum blockchain to date.

Solana has seen a mixed bag of successes in the NFT space, but has still carved it’s own lane. This recent announcement is undoubtedly a win for the ecosystem; expect Solana to continue to be a force to be reckoned with in the NFT space.

The ‘Minty Fresh’ Take

NFTs have proven that early adopters of big time projects can secure life-changing bags. Never look behind you, continue to look forward.

Gm! Do I regret selling my #MAYC 48 hours before $APE. Yes. But the ape profits helped us feel comfortable enough to pay cash for expensive adaptive equipment our daughter needs that insurance is taking forever to approve. @BoredApeYC changed our lives. We are grateful. #NFTs

— Ryan Freund (@PoisedMeerkat) March 18, 2022

Related Reading | Ethereum Staking Queue Nears All-Time High Ahead Of Mainnet Merge

Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.