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The Floor Value of Bored Ape Yacht Club’s NFT Collection Taps 152 ETH
29.4.2022
The non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) has seen its floor value jump to 152 ether ($430K) for the cheapest Bored Ape NFT. Since September 1, 2021, the floor value of the BAYC NFT collection jumped from 25 ether ($70K) to today’s 152 ether, climbing more than 500%...
South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent
27.4.2022
A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music...
NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales
25.4.2022
Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2...
Derivatives Exchange Injective Pro Launches Bored Ape NFT Floor Price Perpetuals
24.4.2022
During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT projects. After weeks of a continuous rise in value, the current floor price for a single Bored Ape NFT is 130 ether or $382K. Following the floor price rise,...
Moonbirds NFT Sales Skyrocket Capturing $364 Million in 5 Days
21.4.2022
A non-fungible token (NFT) collection called Moonbirds has been a topical conversation within the NFT community as the compilation’s sales have been enormous. The Moonbirds NFT project started selling five days ago on April 16, and since then statistics show the collection has seen $364.83...
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
17.4.2022
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% this week. Moreover, over the last seven days, an...
Tony Hawk’s Latest NFTs to Come With Signed Physical Skateboards
17.4.2022
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs will come with...
NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles
16.4.2022
This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league, the goal is to showcase “all things intersecting basketball and Web3, including NFTs...
South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem
14.4.2022
An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem...
Advertising Agency Launches Campaign to Free Jailed Egyptian Women With NFT Sales
13.4.2022
An advertising agency from the United Arab Emirates (UAE) and a non-governmental organization have launched a campaign that seeks to raise funds for jailed Egyptian women via the sale of non-fungible tokens (NFTs). The funds raised are already being used to pay off their debts, allowing...
Golden State Warriors Commemorate 2022 NBA Playoff Run With a Responsive NFT Collection
12.4.2022
On Tuesday, the NBA team the Golden State Warriors announced the organization’s second non-fungible token (NFT) collection to commemorate the team’s 2022 NBA Playoff run. The Warriors NFT compilation is being called “a responsive NFT collection” as the NFTs will change...
Coinbase Is Creating a Film Trilogy Featuring Bore Ape Yacht Club NFT Characters
12.4.2022
The digital currency trading platform Coinbase is producing a three-part film series with the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC). The films will be crafted by Coinbase Entertainment and feature select BAYC NFT characters that will be crowdsourced from the Bored...
This Week’s NFT Sales Dropped by 13%, Ronin Markets Rebound, Clonex Climbs Higher
10.4.2022
Non-fungible token (NFT) sales have been lackluster this past week, as the aggregate sales volume during the last seven days has dropped 13.75% since last week. The largest number of sales stemmed from Ronin this week as 45,875 buyers increase Ronin-based NFT sales by more than 72%. The...
NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
6.4.2022
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy...
Bitstop to Unveil ATM That Dispenses NFTs at Bitcoin 2022 Event in Miami
5.4.2022
The cryptocurrency automated teller machine (ATM) company Bitstop has revealed its plans to showcase a non-fungible token (NFT) ATM at the Bitcoin 2022 Conference in Miami Beach this week. According to Bitstop’s co-founder Doug Carrillo, the NFT ATM can not only dispense NFTs but also...
UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation
5.4.2022
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible...
NFT Sales Increased by 34% This Week, Azuki Takes Top Sales, NFT Interest Remains Low
4.4.2022
Non-fungible token (NFT) sales have increased this week after a small 2.15% drop the week prior. During the last seven days, NFT sales are up 34.62% from $579 million to $779 million. The NFT collection with the most sales this past week was Azuki, as the collection’s NFT sales jumped 94.68%...
NFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpay
1.4.2022
According to the firm Moonpay, the non-fungible token (NFT) marketplace Opensea plans to accept credit card payments using the company’s payment infrastructure. The move follows Opensea gathering $23.5 billion in all-time sales volume, and the company’s recent Solana support...
Leading NFT Marketplace Opensea to Add Solana Support in April
31.3.2022
The largest non-fungible token (NFT) marketplace Opensea has plans to add Solana support in April. The news follows an abundance of rumors that said the company would be adding Solana in the near future. Opensea Confirms Solana Support After a Myriad of Rumors and Speculation Opensea has confirmed...
Nifty Gateway Partners With Samsung to Develop ‘First-Ever Smart TV NFT Platform’
30.3.2022
Nifty Gateway, the non-fungible token (NFT) marketplace has announced that the company has partnered with the electronics giant Samsung. The two firms have been working on the “first-ever smart TV NFT platform” and Nifty Gateway is already integrated into Samsung’s 2022 premium...