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Liquidity Premium a Driver of NFT Prices and Value
17.11.2021
A “liquidity premium” is driving up non-fungible token (NFT) prices – as these tokens “can meet more demand” than physical goods in the “real world,” according to Alex Svanevik, the CEO of the blockchain analytics platform Nansen.
Today, he was speaking at a CoinGecko-run conference named “NFTs...
KuCoin Makes a USD 100M Bet on Metaverse
17.11.2021
The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept. ...
Read More: KuCoin...
SAND Rallies as Sandbox Unveils its Upcoming Metaverse Event
17.11.2021
The Sandbox gaming platform announced The Sandbox Alpha, an upcoming event that will allow players to explore the ecosystem's metaverse for the first time and earn rewards in the process.
The news had pushed SAND, the native token of The Sandbox ecosystem, to its new all-time high of USD 3.63...
Tezos NFT Market Hic et Nunc Returns After Founder Steps Back, Begins Transition to DAO
17.11.2021
Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take...
Topps Releases NFTs Featuring Science Fiction-Themed Collectible Card Series Mars Attacks
16.11.2021
On Monday, the sports and entertainment collectibles giant Topps announced the launch of non-fungible tokens (NFTs) based on the firm’s classic science fiction-themed trading card series Mars Attacks. The limited-edition NFT collection will be hosted on the NFT platform Curio and will...
Popular Tezos NFT Marketplace Discontinues Services Without Explanation
14.11.2021
After becoming one of the top non-fungible token (NFT) marketplaces, the Tezos-based NFT market Hic et nunc has discontinued its services. After more than $50 million in all-time sales on the market, Hic et nunc’s creator has not disclosed why the NFT marketplace was shut down. Tezos-Based...
Two Entertainment Projects Featuring Bored Ape Yacht Club NFTs Get Backing From Universal Music Group, Timbaland
14.11.2021
This week Universal Music Group, the Dutch–American multinational music corporation announced the formation of a non-fungible token (NFT) metaverse music group called Kingship, which features four Bored Ape Yacht Club (BAYC) NFTs. Following the announcement, the hit record producer Timbaland...
Visa Executive Says Crypto Is ‘Becoming Cool’ — Sees Whole New Class of Mainstream Consumers Entering the Space
13.11.2021
Visa’s head of crypto sees a “whole new class” of mainstream consumers entering the crypto space due to non-fungible tokens (NFTs). The executive further says: “Crypto is becoming cultural. It’s becoming cool.” Visa’s Executive: ‘Crypto...
Business Giant Hankook Readies Crypto, NFT Move
12.11.2021
Hankook Technology, a South Korean conglomerate and part of the business group that comprises one of the world’s largest tiremakers (Hankook Tire & Technology), has announced that it is branching out into crypto and non-fungible tokens (NFTs)....
Read More: Business Giant Hankook Readies Crypto...
Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles
11.11.2021
On November 10, the non-fungible token (NFT) marketplace Rarible.com and the Rarible protocol announced an integration with the Flow blockchain. The announcement details that Rarible users can now create, list, and trade Flow-based NFTs on the marketplace. Rarible Partners With Flow Blockchain...
MEW Launches ETH Block NFTs to Honor Ethereum's History
11.11.2021
MyEtherWallet (MEW), a wallet and an interface for interacting with the Ethereum (ETH) blockchain, aims to launch a new collection of non-fungible tokens (NFTs), dubbed ETH Blocks, to represent particular Ethereum blocks.
Blocks are batches of transactions that also include the hash of a previous...
Gaming Still Drives Blockchain Dapp Industry Growth
11.11.2021
Last month, the number of daily unique active wallets (UAWs) connected to blockchain dapps (decentralized applications) reached an all-time high, exceeding 2m per day on average, according to a report by dapp information provider DappRadar. Despite a robust surge in the use of decentralized finance...
Record Producer Steve Aoki and Spawn Creator Todd McFarlane to Launch Solana-Powered NFT Market
10.11.2021
On November 9, the two-time Grammy-nominated producer and DJ, Steve Aoki, announced a new partnership with the popular comic book artist and Spawn creator Todd McFarlane. The two plan to launch a non-fungible token (NFT) marketplace that leverages the Solana blockchain. The NFT marketplace will...
Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
10.11.2021
As Ethereum (ETH) continues to be plagued by high gas fees, the layer 2 (L2) scaling solution Optimism is expected to launch a major upgrade on November 11....
Read More: Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
Happy Hippos NFTs: A Pioneer Collection Drop
10.11.2021
Non-fungible tokens (NFTs) are a unique data unit contained within a digital ledger and cannot be interchanged. They are used as a representation of items that can be reproduced easily like artwork, images, videos, and audio files, among other digital files. NFTs are unique in their own way, using...
International Chess Federation Will Launch the Sport’s Global NFT Marketplace on Everscale Network (Ex-FreeTON)
9.11.2021
FIDE, the International Chess Federation, has become the first global sports federation to launch its own NFT marketplace. It announced a partnership with core developers of the Everscale Network (ex-FreeTON), TON Labs, to launch ChessNFT.com – a new chess non-fungible token (NFT) ecosystem....
Latest West Africa Art Fair Features NFTs, Organizers Highlight Importance of Blockchain
9.11.2021
The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. Blockchain Provides Important Opportunity for Artists In a statement made on Art X Lagos’...
Fashion and Beauty Firm Vogue Singapore to Drop NFT Covers via Opensea
9.11.2021
On November 10, 2021, Vogue Singapore, a team dedicated to fashion, beauty, and “stories that matter,” is launching a non-fungible token (NFT) drop on the marketplace Opensea. The drop will be the fashion and lifestyle magazine’s first NFT collection featuring digital-only...
Athletic Shoe Giant Nike Looks Poised to Tackle Metaverse and NFTs: Report
8.11.2021
Nike, the American multinational footwear and sports apparel giant, is getting ready to step into the metaverse and the world of non-fungible token (NFT) technology. Reports show Nike has a few employees “thinking about the metaverse” and a 2019 patent for “cryptokicks”...
Leading NFT Marketplace Opensea Surpasses $10 Billion in All-Time Sales
8.11.2021
This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion...