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NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn
21.10.2023
Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in approximately $70.51 million in NFT transactions....
Blockchain Brawlers Enters Fortnite's Home - Launches on Epic Games Store to 230 Million Gamers Globally
19.10.2023
Web3 ecosystem for gaming Worldwide Asset Exchange (WAX) announced that its blockchain-based, wrestling-themed non-fungible token (NFT) game Brawlers has launched on the major digital distribution platform Epic Games Store (EGS) — becoming available to more than 230 million PC gamers worldwide....
Bored Apes Creator Yuga Labs and Magic Eden Collaborate to Fix NFT Royalties Problem – What's Going On?
18.10.2023
The consortium of major Web3 companies OMA3 (the Open Metaverse Alliance for Web3), has formed a working group to find the best way to standardize creator royalties on non-fungible token (NFT) marketplaces - and to ensure they stay there.
According to a tweet, ...
Read More: Bored Apes Creator...
Crypto Investors Are Quietly Stacking This Mysterious Coin – What's Brewing?
17.10.2023
Launchpad XYZ is set to introduce a platform designed to uncomplicate the intricate field of Web 3.0 investments. The dashboard it provides will feature comprehensive analytics and insightful data on crypto and NFTs, curated to suit both novice and experienced investors....
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Tattoos as NFTs: Machine Paves Way for Artist Royalties – Here's How it Works
13.10.2023
Backed by famous artists, US-based company Blackdot has revealed a machine that inks blockchain-stored tattoos that clients also own as non-fungible tokens (NFTs) - enabling artists to earn future royalties.
"Welcome to the Tattoo Revolution," says the Blakdot website, stating that the company...
Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM Systems Focuses on Non-fungible Items (NFIs)
12.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM...
NFT-Funded Film, Backed by A-list Director Soderbergh, Seals Historic Global Sales Agreement – Crypto Adoption on the Rise?
9.10.2023
Who says NFTs are dead? ‘Calladita / The Quiet Maid' - a movie funded by the sale of non-fungible tokens (NFTs), set to premiere at the Tallinn Film Festival - has secured a global sales deal.
'The Quiet Maid' is the first European feature film financed by the sale of NFTs. It is a debut film...
NFTs Can’t Catch a Break as Protracted Drop in Sales Continues
8.10.2023
For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...
Starbucks Celebrates 20 Years of Pumpkin Spice Latte with NFT Collectibles
5.10.2023
Autumn is on its way, and for many coffee drinkers, 'tis the Pumpkin Spice Latte season. Starbucks' popular beverage is turning 20, and to celebrate the occasion, the American coffee shop chain announced special non-fungible token (NFT) collectibles.
Starbucks Odyssey, the coffee giant's Web3...
NFT Sales Slide 9.91% Continuing a 6-Week Downtrend Despite Rising Crypto Prices
1.10.2023
Sales of non-fungible tokens (NFTs) have slid once more this week, dipping to 9.91% below the preceding week’s figures. Data reveals that in the span from September 24 to October 1, 2023, around $72,767,450 worth of NFT sales have been logged, marking the latest seven-day stretch. NFT Sales...
Non-Regulation of Web3 Space Making ‘Mainstream Adoption Harder’ Says AGG’s Jack Vinijtrongjit
29.9.2023
According to Jack Vinijtrongjit, the co-founder and CEO of the Web3 infrastructure company AAG, more prospective users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to scammers are developed and deployed. Vinijtrongjit argued...
Is Frontier Going to Zero? FRONT Price Keeps Falling as New Crypto Trading Project Raises $1.75 Million
29.9.2023
The crypto known as FRONT's price has recently experienced a sharp retracement, halting its continued uptrend of the past two weeks.
Frontier (FRONT) saw a significant 33.17% decline yesterday, which was further exacerbated by an additional nearly 20% drop today. However, a broader market uptrend...
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
24.9.2023
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s...
All Those NFTs Are Officially Worthless
21.9.2023
Most Non-Fungible Tokens (NFTs), a unique asset stored on the blockchain that cannot be replicated (unless you can right-click), have no value. While I’m no fan of lifeless Bored Apes, I’m not saying that just to be mean—cryptocurrency analysts dappGambl determined that out of the 73,257 total...
The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value
21.9.2023
Non-fungible tokens (NFTs), once the darlings of the digital art and collectibles world, are facing a harsh reality check.
According to a recent study conducted by Web3 review website dappGambl that used data from crypto tracking sites CoinMarketCap and NFT Scan, more than 95% of NFT collections...
Blockchain-Powered Platforms Can Help Event Organizers Overcome the Ticket Scalping Scourge — Maxwell Mayhew
21.9.2023
According to Maxwell Mayhew, founder of the decentralized e-ticketing platform UTIX, event organizers can potentially overcome ticket scalping by switching to smart contract-based event hosting platforms. Such platforms not only help organizers control the amount of event tickets in secondary...
NFT Fantasy Soccer Games Coming to US and Canada Courtesy of LaLiga and GameOn
15.9.2023
Fantasy sports platform GameOn has partnered with the Spanish football league LALIGA to develop Web3 games for players in the US and Canada.
GameOn announced its deal with LALIGA North America on Wednesday. According to the press release, the tech company will launch fantasy games based...
SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation
14.9.2023
The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).
According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered...
NFT-Based Firm Remilia Corporation Sues Independent Contractors Accused of Siphoning $1 Million
14.9.2023
Remilia Corporation, a digital art and non-fungible token (NFT)-related business, has filed a lawsuit against three independent contractors whom it accuses of siphoning $1 million from the company. Founder Krishna Okhandiar denied claims the three had at any point “sought equity shares...
SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-Backed NFT Project to Pay $1M Penalty
13.9.2023
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an animated web series. SEC Slaps Stoner Cats 2 With...