Summary: What happens when NFTs and influencers combine together? According to the data from OpenSea, the IreneDAO NFT trading volume has exceeded 2,100 ETH since its launch on January 14, worth over $6.6 million at the time of writing, and the current floor price is about $5K. IreneDAO was launched by an Instagram influencer and crypto ...

What happens when NFTs and influencers combine together? According to the data from OpenSea, the IreneDAO NFT trading volume has exceeded 2,100 ETH since its launch on January 14, worth over $6.6 million at the time of writing, and the current floor price is about $5K.

IreneDAO was launched by an Instagram influencer and crypto enthusiast Irene Zhao with the slogan "a global grassroots movement aimed at disrupting the creator economy," the core values are: Simplicity, Integrity, Meaning, and Purpose. The NFTs were also bought by Mike Novogratz, a billionaire, and Galaxy Digital CEO.

Zhao is currently building a decentralized social media platform called SO-COL on a Layer 2 solution powered by StarkWare, according to her Twitter. SO-COL is an all-in-one replacement for platforms like Discord and OnlyFans, powered by NFTs. Creators can connect their social accounts to web3 and use NFTs as a tool to manage their members and communities.