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Stock impact report

ERC-404 pioneer Pandora leads NFT market with US$1.6 mln daily sales [Yahoo! Finance]

CAPCOM CO LTD UNSP/ADR (CCOEY) 
NASDAQ:AMEX Investor Relations: capcom.co.jp/ir/english
Company Research Source: Yahoo! Finance
ERC-404 tokens are semi-fungible assets that combine the features of fungible tokens and NFTs. According to Pandora's X account, ERC-404 allows NFTs to “remain relevant in the memecoin supercycle” by allowing projects to launch both an NFT collection and memecoin at once. Bored Ape Yacht Club, a regular in the market's top collection rankings, came in second on Thursday. The blue-chip NFT collection from Yuga Labs raked in US$1.5 million in sales. Azuki, an anime-themed collection that gives holders access to “The Garden,” a virtual space for members of the Azuki community, had the day's third-highest sales volume with a 1,322% increase to US$1.3 million. Azuki's sales explosion came as the collection announced Kinu Nishimura as the character designer for the first episode of the Azuki anime anthology series. Nishimura is best known for his involvement in the Street Fighter series, an influential fighting game developed by Capcom. CryptoPunks, another collection owned by Show less Read more
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