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Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO

23.2.2022
On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active...

Square Enix Is Impossible To Please

22.2.2022
The Guardians of the Galaxy have a new foe: lofty publisher expectations. The interstellar misfit band’s latest outing, Marvel’s Guardians of the Galaxy, underperformed unstated sales targets, according to a recent financial filing from publisher Square Enix.Read more

Webbland Metaverse Sales Jump 126% as 2 Penthouses Sell for Six-Figures

20.2.2022
While blockchain virtual worlds have seen significant demand during the last few months, an “interoperable pixel metaverse” project called Webbland has seen weekly NFT sales spike by 126.24%. The project recorded over $3.6 million in sales over the last seven days, and two Webbland...

Ertha Metaverse Sells Rome NFT for Record $120k

17.2.2022
Ertha Metaverse looks unstoppable on its path to becoming the industry’s top metaverse. The project is already recognized as having one of the most searched-for tokens in GameFi and at the time of writing, holds a fully diluted market cap in excess of $380 million. Today its developers have...

Polkastarter Announces NFT Land Sales in Collaboration with Cryptoverse

17.2.2022
After Meta’s announcement in late 2021, the whole crypto gaming and Metaverse industry exploded. Virtual land-based projects garnered much interest. It’s incredible what you can do with a piece of digital real estate – you can hold events, design it, or rent it out. People have...

NFT Sales Nosedive This Week as Volume Drops Close to 30%

16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...

Puerto Rican Treasury Department Aims to Tax NFT Sales

10.2.2022
The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also...

Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores

10.2.2022
Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca...

Opensea’s All-Time NFT Sales Volume Crosses $20 Billion

9.2.2022
Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales...

Polygon Raises $450,000,000 Through Private Token Sales

8.2.2022
Polygon recently released an official post about raising sound 450 million dollars in its latest private sales round. The network conducted the private sale of its native token, Matic, where names like SoftBank, Sequoia Capital India, Tiger, Galaxy, Republic Capital, etc. offered support....

Social Commerce on Cardano: Meloot to Hold a Seed Sale on KICK․IO

7.2.2022
PRESS RELEASE. The world of e-commerce is rapidly transitioning to that of social commerce, where demand for products is driven by videos and posts from social media. Both brands and their consumers can benefit from advertising products through social media, with stronger sales and valuable...

Metaverse Real Estate Sales Expected to Reach $1 Billion This Year

5.2.2022
Real estate sales in the metaverse are expected to reach a billion dollars this year, according to a metaverse analytics firm. The company expects real estate sales on four major metaverse platforms, which surpassed $501 million last year, to double this year. $1 Billion Metaverse Real Estate Sales...

The Nintendo Switch Has Now Surpassed The Wii In Sales

3.2.2022
First launched in 2017, the Nintendo Switch has now sold more units than the Kyoto-based game company’s previous top home console, the Wii.“Sales [of the Switch] rising to the second-highest level ever, despite scarcity due to delays in production and distribution (especially in North America)...

Sony Cuts PlayStation 5 Sales Expectations Due To Global Chip Shortage

2.2.2022
In what will come as a surprise to absolutely no one, chip shortages impacted the PlayStation 5 late last year. Don’t expect that to change just yet. During Sony’s most recent quarterly financial earnings, the company’s gaming division did see a rise in profit. However, as Reuters notes, Sony...

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

29.1.2022
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin...

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