Asia PFP Hype, Parallel's Prime Proposal & $MAGIC Updates

FEB 02, 2022 • 13 Min Read

Teng Yan

Disclosure: Members of our team may own NFTs or tokens related to the projects mentioned here and may participate in the upcoming mints. This statement is intended to disclose any conflict of interest and should not be misconstrued as a recommendation to purchase any token or participate in any mint. This content is for informational purposes only and you should not make decisions based solely on it. This is not investment advice. Please exercise extreme caution if you intend to participate in these opportunities.

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State of the Market

We’ve just closed the book on the best month in NFT history. Over 400,000 unique wallets purchased at least 1 NFT in January (the highest ever by month). Yet, this is still only a small fraction of crypto users today. To put this in context, MetaMask reported >21M monthly active users interacting with Web3 applications in Nov 2021, which just goes to show how much more

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