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NFT & Crypto Updates

🪙 Ethereum enters the weekend on top of NFT market with over US$11 million in daily sales

Ethereum NFT sales rose 5.21% to US$11 million on Friday to lead the market while Bitcoin, Thursday’s top network, had a 16% slump. Bitcoin ranked second on Friday with US$10.21 million in total sales. Despite the drop in sales, Bitcoin is expected to surpass US$3 billion in total sales this week. The network is less than US$700,000 away from the milestone. Solana, ranked third, experienced a 21.58% sales drop to US$5.30 billion.

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NFTs | OpenSea | News

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NFT & Crypto Updates

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NFT & Crypto Updates

🖼 Crypto Project Pixelmon Seeks to Use Fractionalized NFTs to Make Its Comeback

Xiloyannis’ vision for Pixelmon includes pioneering fractionalized NFTs in a way that redefines the intersection of blockchain gaming and intellectual property rights. The infamous crypto project Pixelmon is set to make a huge comeback under the leadership of new CEO Giulio Xiloyannis. Xiloyannis disclosed the plans in a recent interview where he revealed that Pixelmon will embrace fractionalized non-fungible tokens (NFTs) on its journey to redemption.

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NFTs | OpenSea | News

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🖼 AirBaltic To Hold Private Event for Planies NFT Holders

AirBaltic, Latvia’s national airline, is organizing an exclusive event for holders of their NFT collection Planies NFTs, titled the “airBaltic Backstage Experience”, as part of airBaltic’s Club loyalty program. The event aims to provide unique insights into the airline’s operations, and will be held at airBaltic’s headquarters in Riga, Latvia on May 17, from 10:30am to 4:00pm.

Source

NFTs | OpenSea | News

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🪙 Ethereum leads NFT sales despite market dip

Ethereum retained its position as the leading blockchain in non-fungible token (NFT) sales for the third consecutive day to close the week, CryptoSlam data shows. Ethereum sales dipped by 63% on Friday, falling from Thursday’s US$32.81 million which was boosted by a single CryptoPunk NFT selling for US$16.38 million. Following Ethereum, Bitcoin and Solana ranked second and third, with sales volumes of US$7.99 million and US$6.10 million respectively in the same period.

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NFTs | OpenSea | News

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🔫 'The Millinery Metaverse' to showcase Derby fashion trends

The signature event for Kentucky Derby fashion trends is almost here, with the annual Dillard's Spring Fashion Show set for March 28 at Caesars Southern Indiana. Organizers said this year's show, themed "The Millinery Metaverse," will highlight fashion's past, present and future in honor of Kentucky Derby 150. The event will begin with boutique shopping and cocktails at 5 p.m., followed by dinner at 7 p.m. and the fashion show at 8 p.m.

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NFTs | OpenSea | News

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🖼 Shrapnel’s NFT marketplace goes live with 10 weapon skins

Avalanche-based PC extraction shooter Shrapnel has announced the launch of its marketplace, alongside three days of STX2, its second early access play test. The marketplace will go live with 10 cosmetically-enhanced weapons, which don’t offer any gameplay advantage. Priced from 10 SHRAP tokens (around $3) to 50 SHRAP (around $13), players will be able to use these weapons in STX2.

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NFTs | OpenSea | News

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🟠 Former Binance chief Changpeng Zhao announces new educational project involving NFTs

Changpeng Zhao, co-founder and former CEO of Binance, announced on X on Tuesday morning in Asia that he's hiring for his next project named Giggle Academy. He described it as a “gamified, adaptive” platform that aims to provide free basic education for all. The concept paper for Zhao’s new platform said that the project's main target is to educate underprivileged children in developing nations by providing content covering education from grades one to 12.

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NFTs | OpenSea | News

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💰 Bitcoin Ordinals NFT interest soars as NodeMonkes records 53% surge in floor price

The floor price of NodeMonkes, Bitcoin’s premiere non-fungible token (NFT) collection, surged by over 50% in the past 24 hours, surpassing Bored Ape Yacht Club in market capitalization on Monday morning in Asia, according to CoinGecko data. As of 11:00 a.m. Hong Kong time, the floor price of NodeMonkes had jumped by 53.3% to 0.83 BTC ($55,890) over the past 24 hours, with its market cap expanding to around $558.9 million.

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NFTs | OpenSea | News

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🖼 $Donuts Set to Launch Its Trailblazing Token and NFT Project on Solana Blockchain

The $Donuts project is uniquely composed of the $DONUTS token, with a total supply of 100,000,000, aimed at enhancing community transactions and rewards, alongside a series of Springfield-themed NFTs. These NFTs immortalize the iconic moments and characters from Springfield, marrying nostalgia with the cutting-edge technology of the blockchain. This event is a prelude to our journey, setting the stage for a series of community-driven events, including airdrops, contests, and exclusive NFT drops.

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NFTs | OpenSea | News

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🖼 Marvel partners with NFT company for new digital comics platform to rival Amazon's digital comics market

Marvel Entertainment has partnered with the prominent NFT company VeVe to be the first major client of an all-new digital comics reading platform coming to market just as Amazon's once-massive digital comics services continues to falter. The VeVe Comics app and webstore "fills a current gap in the industry" according to a spokesperson, with plans for it to partner with other publishers in addition to Marvel in the coming months.

Source

NFTs | OpenSea | News

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🖼 'MadWorld' Mobile NFT Shooter Launches in Early Access as Studio Raises $11 Million

MadWorld, a post-apocalyptic shooter game for iOS and Android, opened up registration for its early access playtest on Thursday, giving players an opportunity to test out its NFT-based territory control elements. And the studio behind the title, Carbonated, also shared that it has raised $11 million in fresh funding from prominent backers. The studio previously raised $8.5 million in 2020 with Andreessen and Bitkraft both attached then, as well.

Source

NFTs | OpenSea | News

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🖼 Ronin Hits All-Time High Price as Ethereum Gaming Network Hosts Free ‘Kaidro’ NFT Mint

Ronin, a gaming-centric Ethereum scaling network, continued its recent ascent early Wednesday, setting a new all-time high price to beat its previous record from 2022. The RON token spiked to $4.45 early Monday, though it has since cooled slightly to $4.31 as of this writing, per data from CoinGecko. It’s still up 12% on the day, and the latest surge has pushed its seven-day gains to a whopping 53% following a weekend pump.

Source

NFTs | OpenSea | News

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💰 Solana NFT marketplace Tensor issuing TNSR governance token

Solana NFT marketplace Tensor announced it will issue a governance token. In a post to X, Tensor Foundation teased issuing the TNSR token, though without providing many details. "NFTs today are a niche community on the fringes of the web. NFTs tomorrow will power products, businesses and entire industries. NFT traders will go from thousands — to billions," the organization said on Tuesday.

Source

NFTs | OpenSea | News

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🖼 Bored Apes and Other Yuga Ethereum NFTs Are Shedding Value

Several NFT collections created by industry giant Yuga Labs have sunk to all-time low ETH valuations—at the same time that other NFT projects, including those acquired by the company, have grown in value on the wings of booming crypto prices. Mutant Ape Yacht Club (MAYC), for example, a collection released by Yuga in August 2021, has fallen to an all-time-low floor price of 2.4 ETH, according to CoinGecko—meaning the cheapest NFT in the 20,000-piece PFP collection can be acquired for that price.

Source

NFTs | OpenSea | News

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💰 Bitcoin snatches daily NFT throne from Ethereum

Bitcoin has topped the non-fungible token (NFT) market in sales performance on Thursday, with a slight decrease of 0.06% in sales. The blockchain registered US$11.89 million in sales, with a negligible change in its all-time sales volume, maintaining a steady market presence. JIGO BRC-20 NFTs, a Bitcoin-based collection, led Thursday’s NFT collection rankings with almost US$2 million.

Source

NFTs | OpenSea | News

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🪙 Ethereum reclaims NFT throne with US$17.02 mln in daily sales

Ethereum reclaimed its position as the top-ranking blockchain in the non-fungible tokens (NFT) market on Wednesday, with daily sales reaching US$17.02 million. The platform saw an increase of 39.19% in sales in the 24 hours to 2 p.m. ET, according to data from CryptoSlam. Ethereum’s all-time sales volume rose to US$43.36 billion, which is the highest in the industry. Ethereum dethroned Bitcoin for the top daily sales spot after the latter had held the position for two days.

Source

NFTs | OpenSea | News

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🖼 NFT Price Floor co-founder predicts quality NFTs comeback despite market retreat

NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity.

Source

NFTs | OpenSea | News

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🖼 NFTFN’s NFT token presale eyes massive surge

The NFTFN NFT Token Presale opens up new possibilities for enthusiasts in the NFT space, introducing a project with aspirations to influence the sector. The NFTFN token represents a new direction in the non-fungible token (NFT) market. Guided by an experienced team and a forward-looking plan, NFTFN aims to introduce new dynamics to NFT trading and crypto investment. This upcoming presale marks the beginning of NFTFN’s journey in the sector.

Source

NFTs | OpenSea | News

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🖼 Netmarble and The Sandbox launch Meta World: My City NFT collection

Netmarble, the preeminent mobile gaming company in South Korea, has just unveiled the <Meta World: My City> NFT collection, its latest foray into the realm of digital collectibles. This innovative partnership with The Sandbox, which was officially published on The Sandbox Marketplace on March 14 at 08:00 UTC, has received considerable acclaim and ensured collectors and fans alike are well-informed.

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NFTs | OpenSea | News

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🔫 Metaverse Technology Revolutionizes US Manufacturing Sector

The metaverse technology, captivating the US manufacturing sector, promises hyper-realistic virtual ecosystems, as revealed in the latest World Economic Forum (WEF) report. With its potential to ignite the next phase of the industrial revolution, the metaverse integrates seamlessly with cryptocurrencies and NFTs, offering virtual havens accessible from the comfort of homes.

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NFTs | OpenSea | News

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🖼 Forever Has Fallen Launches Interactive Metaverse Experience Powered by NFTs

Forever Has Fallen has launched its interactive metaverse platform that allows players to earn rewards by completing challenges as bounty hunters. Launching to the public on March 19, 2023, the story-driven metaverse experience also features a monetisation model powered by non-fungible tokens (NFTs) called Bounty Hunter Tickets (BHTs). Players begin by gathering clues that lead them to fictional websites, easter egg discovery, and character interaction on social media.

Source

NFTs | OpenSea | News

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🖼 WEMIX and The Sandbox to Propel NFT Scene at NFC Event

The Non-Fungible Conference (NFC)—a prestigious event in the NFT calendar—will return to the Carlos Lopes Pavilion in Lisbon, Portugal, from May 28 to 30. Co-organized by the celebrated web3 titans WEMIX and The Sandbox, the event will pay vibrant homage to various sectors influenced by NFTs, including the arts, fashion, and interactive entertainment.

Source

NFTs | OpenSea | News

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🖼 Sony Bank Goes Full Web3 With NFT Rewards and Green Token

Sony Bank has unveiled plans to launch an NFT-based mobile app and issue a green finance security token on the blockchain. The CONNECT app, set for release this summer on Android, will allow customers to earn digital asset rewards in the form of non-fungible tokens (NFTs) powered by Sony’s private blockchain. In the coming months, the bank will roll out a $1 million U.S. dollar-denominated green security token offering targeted at Japanese investors.

Source

NFTs | OpenSea | News

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🖼 Shiba Inu NFTs Shiboshis Continue to Burn SHIB

The Shiba Inu community has continued to focus its attention on the burning campaign, as several proponents champion the narrative of increased burns. This has resulted in the exploration of diverse avenues for the incineration exercise, including Shibarium. Most community members believe Shibarium is the most viable avenue to implement more burns, especially given the number of tokens the layer-2 network has incinerated since the fourth quarter of 2023. As of December 2023, Shibarium had burned 33 billion SHIB in four transactions.

Source

NFTs | OpenSea | News

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💰 Asia Broadband Launches Gold-Backed NFTs on Solana

Asia Broadband, a team of gold mine operations and creators of gold-backed cryptocurrency $AABB, have launched gold-backed NFT collection Golden Rascals on the Solana blockchain. The collection marks Asia Broadband’s expansion to Solana following the launch of their first gold-backed NFT collection, the Golden Baboons Mining Club, on Ethereum last year. Each NFT is backed by a half gram of gold, with legendary-rarity NFTs backed by a full troy ounce of gold.

Source

NFTs | OpenSea | News

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📣 Changes to IP laws 'not necessary' to deal with NFTs, says report

IP laws do not currently need to change to address infringement concerns relating to the use of non-fungible tokens (NFTs). So said the USPTO and US Copyright Office in a joint study published 13 March examining the IP law and policy implications of NFTs. NFTS are part of an emerging technology that leverages blockchain technology for a variety of uses such as representing ownership of digital art or authenticity of products and services, implicating IP rights.

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NFTs | OpenSea | News

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🖼 Slovenia's SunContract launches NFT marketplace for solar panels

Slovenian blockchain energy-trading platform developer SunContract has launched a non-fungible token (NFT) marketplace for solar panels, it said. The NFT marketplace was officially launched at the Crypto Expo Europe 2024 conference in Bucharest. The first series of NFTs, representing individual solar panels from a power plant in Slovenia's Visnje sold out on opening day, SunContract said in a statement earlier this week.

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NFTs | OpenSea | News

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🖼 NFT Providers May Need Registration to Comply With UK Money Laundering Rules

Crypto businesses that issue non-fungible tokens (NFTs) in the U.K. rather than providing financial services will probably need to register with the Financial Conduct Authority even after the government introduces a new authorization regime for the industry, according to a consultation on money laundering issued by the Treasury on Monday. The government has been refining its crypto regulation environment, and last year said it planned to bring crypto exchanges and custody providers into the new crypto authorization regime.

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NFTs | OpenSea | News

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🖼 Crypto Gambinos Focuses on NFT Sales After Successful $MOBCOIN Launch

Crypto Gambinos, a project developed by Phantom Labs Pty Ltd, has successfully launched its native cryptocurrency, $MOBCOIN. With the $MOBCOIN presale complete, the token is now publicly available for trading on Uniswap. The NFT collection, available for minting on the Crypto Gambinos website, features a narrative centered around a character's evolution within a family hierarchy. The collection includes a range of characters, each with varying degrees of rarity, and totals 7,777 NFTs.

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NFTs | OpenSea | News

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