Search
NFT Sales Volume Down by Nearly 55% Amid Crypto Downturn
19.5.2022
Sales of non-fungible tokens (NFTs) have plunged by more than 54% over the past week as the crypto market dropped sharply.
Over the course of the past week, NFT sales volume reached USD 25m, a drop of 54.6% compared to the earlier week, according to data by NonFungible.com.
Similarly,...
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
19.5.2022
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded...
Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon
18.5.2022
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens...
Axie Infinity, NFT and Other Projects Fall Victims of a Phishing Attack
18.5.2022
Messaging platform Discord servers of multiple large NFT collections and crypto projects, including play-to-earn game Axie Infinity, have been compromised, with attackers publishing phishing links that appear to be NFT mints.
Some other affected projects include popular NFT collections...
Nifty News: Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal and more
18.5.2022
Robinhood’s wallet will be noncustodial and multichain, allowing for the storage of NFTs along with the ability to connect to NFT marketplaces
Japanese City to Launch Metaverse Project with Entertainment Industry Behemoth
18.5.2022
Local Japanese government bodies are set to begin metaverse projects – and may make use of NFTs and avatars in a new virtual space.
The ball is beginning to roll in Yabu, a city in the nation’s Hyogo Prefecture, where local authorities have teamed up with Yoshimoto Kogyo, one of Japan’s biggest...
Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists
16.5.2022
The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting...
Seaside Resort in Slovenia Promotes Itself With NFTs
15.5.2022
The tourism organization in Portorož, a summer resort on the Adriatic coast of Slovenia, has decided to promote the destination using non-fungible tokens (NFTs). The project represents the digital component of this year’s campaign to attract visitors to the region. Tourists...
Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%
14.5.2022
As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours. NFT Floor Values Take a Significant...
Top 5 Play-to-Earn Games on BNB Smart Chain
13.5.2022
Play-to-earn (P2E) games are gaining popularity as they enable gamers across the globe to earn crypto for playing games online.
Read on to discover the most popular play-to-earn games on BNB Smart Chain.
BNB Smart Chain, formerly known as Binance Smart Chain (BSC), is an Ethereum Virtual...
AMC Calls Crypto Adoption a ‘Massive Home Run,’ but Wary of Regulatory Challenges of Coin Issuance
11.5.2022
The American entertainment industry giant AMC Entertainment Holdings has expanded on its crypto and non-fungible token (NFT) plans – claiming that it has “eight different NFT programs that either already have been launched or are in the works,” but adding that it will only press ahead with...
Sales of Blue-Chip NFTs Plunge Amid Crypto Market Crash
11.5.2022
Sales of blue-chip non-fungible token (NFT) collections Bored Ape Yacht Club (BAYC) and Otherdeed have taken a plunge amid a broader crash in the crypto market.
BAYC's sales have fallen by nearly 39% over the past week, dropping to USD 72.5m. The collection's floor price has also taken a...
Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week
10.5.2022
Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the previous week. NFT sales on Ethereum were hit the hardest as the blockchain saw...
Belgian Museum Tokenizes Million-Euro Masterpiece to Allow its Fractional Ownership
10.5.2022
The Royal Museum of Fine Arts Antwerp (KMSKA) in Belgium is working with two blockchain companies to tokenize Carnaval de Binche, a million-euro painting by Belgian artist James Ensor, to allow everyone to become a “co-owner” of the masterpiece....
Read More: Belgian Museum Tokenizes...
Azuki Sales Skyrocket as Floor Price Drops by Nearly 45%
10.5.2022
Sales of the popular Azuki non-fungible token (NFT) collection have skyrocketed over the past 24 hours after a blog post by the project's pseudonymous founder sent the collection’s starting price (floor price) down by 44.8%.
In the blog post, titled "A Builder's Journey," pseudonymous Azuki...
Japanese Prime Minister Talks up Japan’s Web3, NFT Focus at Investors Summit
10.5.2022
The Japanese Prime Minister Fumio Kishida has stated that Web3-related growth – including metaverse and non-fungible token (NFT)-related developments – will be part of the nation’s growth strategy going forward, and called on British business leaders to back his project....
Read More: Japanese...
Just How Sustainable Are Play-to-Earn Gaming Pyramids?
8.5.2022
__________
The play-to-earn (P2E) GameFi sector was one of crypto’s biggest success stories in 2021, with Axie Infinity alone accounting for USD 3.5bn in NFT sales last year. This is in addition to the increasingly high market capitalizations of a growing number of play-to-earn tokens, with...
Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality Display
7.5.2022
Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and are designed for three-dimensional viewing. Sony 3D NFTs to Enhance Spatial Reality Display Features...
Top 5 Play-to-Earn Games on Polygon
6.5.2022
Play-to-earn (P2E) gaming is booming, with players across the globe connecting their crypto wallets and playing their favorite games to earn crypto.
Read on to discover the top five blockchain games on Polygon....
Read More: Top 5 Play-to-Earn Games on Polygon
$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week
6.5.2022
With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing $1.71 billion in sales volume among 266,918 traders. 7-Day NFT Sales Volume Jumps 74%...