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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
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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%...
Sony & Theta Set to Launch ‘3D NFTs’, Eye Tie-in with its Spatial Reality Display
6.5.2022
Non-fungible tokens (NFT) are going 3D – and Sony wants to be the firm that takes them into a new dimension....
Read More: Sony & Theta Set to Launch ‘3D NFTs’, Eye Tie-in with its Spatial Reality Display
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund
6.5.2022
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous...
NFT Market Gets Back on Track Thanks to Moonbirds and Solana NFTs
5.5.2022
After a six-week cooldown period started in mid-February, the non-fungible token (NFT) market saw a boost in activity throughout April. Popular NFT collection Moonbirds and a rise in demand for Solana (SOL)-based NFTs were the primary drivers.
The NFT market recorded USD 6.3bn in monthly...
NAFSTARS Announces a Successful Fund Raise of $1․7 Million
5.5.2022
PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $1.7 million in seed, token pre-sale, and NFTs. This announcement comes right after...
Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed
4.5.2022
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available...
Polkadot Becomes a 'Fully Interoperable Multichain' With the Launch of its Cross-Consensus Messaging Format
4.5.2022
Popular blockchain protocol Polkadot (DOT) has launched its messaging system XCM (cross-consensus messaging) to enable communication between its various parachains and allow assets like non-fungible tokens (NFTs) to be transferred from one chain to another.
With the launch of this format...
Elon Musk May Launch Twitter IPO After Takeover - Report
4.5.2022
As Elon Musk is advancing his plan to buy Twitter in a deal valued at some USD 44bn, the Tesla CEO has reportedly told potential investors that the social platform could be returned to public ownership after a few years.
Musk declared that he intended to launch Twitter’s initial public offering...
This Level of Transaction Fees Would be 'Truly Acceptable' According to Ethereum's Buterin
4.5.2022
Ethereum (ETH) co-founder Vitalik Buterin has said layer 2 (L2) transaction fees need to be under USD 0.05 in order to become “truly acceptable.”
The statement came in response to a Twitter post from Ryan Sean Adams, co-founder of Web3 company Bankless and the host of the Bankless podcast,...
Otherdeed NFTs Sale Drop by 25%, Pushing Buyers Further Underwater
4.5.2022
Most buyers of the hotly-anticipated Otherdeed non-fungible tokens (NFTs) drop are not able to sell their digital land deeds at a profit, due to the high Ethereum (ETH) gas fees they paid during minting, as well as the decreasing demand.
According to NFT data aggregator CryptoSlam, Otherdeed...
Kraken Enters NFT Game with Waitlist for New Multi-Chain Marketplace
3.5.2022
The US-based crypto exchange Kraken is planning to launch a non-fungible token (NFT) marketplace and is now inviting users to sign up on a waitlist for the new platform.
The new marketplace, dubbed Kraken NFT, will work across multiple blockchains, with "zero gas fees" for trades within...
Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week
3.5.2022
Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital membership card,” said Vaneck. NFTs by Asset Management Firm Vaneck, a global asset...