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Nfts | Opensea | News 🚀 Best Platform for NFT Content 🗞 FOLLOW US for FREE NFT Tips! 🔥 Learn how to INVEST into NFTs 📧 Contact Me : @JonNfts T.me/Nfts_Opensea_News
🖼 SunPump Partners with APENFT to Launch ‘NFT Pump’on TRON Blockchain
SunPump, a meme coin generator project created to rival the popular PumpFun, has formed a strategic partnership with APENFT to introduce the first fair launch platform for non-fungible tokens (NFTs) on the TRON blockchain. Announcing the collaboration on X (formerly Twitter), SunPump revealed that the new platform, named NFT Pump, aims to provide traders with transparency, fairness, and an exciting experience in NFT trading.
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NFTs | OpenSea | News
🖼 Gensler Faces Heat Over NFT Security Stance!
Gary Gensler, the Chair of the U.S. Securities and Exchange (SEC), stirred controversy by claiming Non-Fungible Tokens(NFTs) should be classified as securities. His stance has drawn sharp criticism from the members of the crypto community and lawmakers who argue that NFTs should not be classified as investment contracts subject to federal securities laws.
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NFTs | OpenSea | News
🖼 Bored Ape #NFT Buyers Claim OpenSea Sold Illegal Securities
Two OpenSea users have filed a class-action lawsuit against the popular NFT marketplace, claiming it has been selling unregistered securities. Users Anthony Synayderman and Ital Bronshtein filed their suit in a Florida federal court on September 19, arguing that the NFTs they purchased, including pieces from the once-coveted Bored Ape Yacht Club collection, are now essentially worthless due to their alleged illegal status.
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NFTs | OpenSea | News
♦️Unique Network Pioneers Cross-Chain NFTs on Polkadot
Unique Network developed an emerging technology that moved NFTs from one parachain to another under the Polkadot network. NFT XCM is like a bridge where different islands in the blockchain sea can interact by transferring NFTs. It’s all about opening up a world of possibilities for creators, developers, and everyday NFT users. NFT XCM aims to help create a more engaging experience for Web3 games and NFT collections.
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NFTs | OpenSea | News
🖼 NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles
Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both physical and digital collectibles. Among the collectibles is a unique diamond-encrusted Rubik’s Cube from Eliantte & Co. The initiative also includes a Rubik’s-themed digital comic and a series of digital shorts.
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NFTs | OpenSea | News
🖼 NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply
Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week.
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NFTs | OpenSea | News
🖼 Williams Racing, Kraken’s Rear Wing Takeover Returns With Cosmos Collection #NFT Airdrop
Crypto exchange Kraken is giving NFT holders the opportunity to showcase their PFPs on Williams Racing’s United States Grand Prix livery in the second Rear Wing Takeover contest. “Last year’s takeover generated huge interest and a brilliant design, and we can’t wait to see what fans will choose this time round,” said James Bower, Commercial Director at Williams Racing, in a statement shared with Decrypt.
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NFTs | OpenSea | News
🖼 The iOS and Android Football Game With NFTs on Polkadot
When it comes to American football games, the Madden franchise has long been the cream of the crop. But now it has some competition—not just from EA Sports’ own College Football game, but also in the form of mobile game NFL Rivals, which incorporates NFTs. While NFL Rivals isn't trying to top Madden when it comes to presenting a lifelike simulation on your game console, it’s a free-to-play, arcade-style mobile football game that has the same official licenses from the league and players, offering bursts of entertainment on your smartphone or tablet.
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NFTs | OpenSea | News
🖼 NFT Trading Sales Volume Plummets By 2.74% This Week – CryptoSlam
The global non-fungible token market appears taking a short breather after seeing two weeks of short vigorous market rally, which left many blue-chip non-fungible token collections pumping more than 20% in their floor price values. In this article, we shall look at what crypto investors should expect in the coming second week of September 2024.
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NFTs | OpenSea | News
🖼 MetaMafia Partners with Orbler to Boost NFT Experience
MetaMafia has announced a new partnership with Orbler. MetaMafia revealed this news through their official X account. This collaboration marks an exciting development for both companies. This collaboration aims to enhance the NFT experience for enthusiasts and innovators in the digital asset space.
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NFTs | OpenSea | News
🖼 If You Bought Bored Ape NFTs at the Peak, You’ve Lost 93% of Your Investment
The prices of Bored Ape Yacht Club NFTs once rivaled those of Ferraris fresh off the assembly line. Nowadays, the JPEGs cost as much as your average used car. When digital assets boomed in 2021 and 2022, the Bored Ape Yacht Club represented NFTs’ potential as an emerging asset class mixing community and art. In crypto, Apes were lauded as digital status symbols that existed on the bleeding edge of tech.
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NFTs | OpenSea | News
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🖼 2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. As highlighted in nftevening.com’s 2024 report, the once-celebrated future of digital ownership, the NFT market, is currently grappling with significant hurdles. The report scrutinized over 5,000 NFT collections and around 5 million transactions to assess the present state of the market.
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NFTs | OpenSea | News
🖼 Lacoste accused of scam for closing the NFT project
On Friday, Lacoste closed the social network of the NFT UNDW3 project and the community reacted by accusing the company of scam. Furthermore, a rugpull of 1,000 ETH is assumed. The market of NFT experienced a real boom in 2021, reaching its peak levels in January 2022. Since then, it has started to implode. Taking as a reference the then main marketplace, OpenSea, the monthly trades went from 5 billion in January 2022 to 300 million in December of the same year. Subsequently, in 2023 the monthly volumes dropped even below 100 million.
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NFTs | OpenSea | News
🇺🇸 SEC Issues Wells Notice to OpenSea Over NFT Securities Concerns
The United States Securities and Exchange Commission (SEC) has issued a Wells notice to OpenSea, the leading non-fungible token (NFT) marketplace. This notice suggests that the NFTs traded on OpenSea might be considered unregistered securities. Devin Finzer, CEO of OpenSea, shared this news on August 28th in a post on X (formerly Twitter). The notice indicates that the SEC may take enforcement action against the company.
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NFTs | OpenSea | News
🔫 Universal Peace Sanctuary Launches in The Sandbox Metaverse
Animoca Brands, in collaboration with metaverse architect Smobler, has launched the Universal Peace Sanctuary within The Sandbox metaverse. The initiative is a digital counterpart to the physical Universal Peace Sanctuary being built in Lumbini, Nepal, and provides a platform for users to reflect on the principles of peace and reconciliation.
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NFTs | OpenSea | News
💰 Weekly NFT sales plunge to $73.7m, Solana network sales surge
The non-fungible token market has experienced a 4.2% drop in sales volume in the last seven days. This drop comes after a decent surge of 7.68% as reported in our last weekly NFT sales column. The latest data from Cryptoslam shows that NFT sales volume in the last seven days stood at $73.75 million.
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NFTs | OpenSea | News
🖼 Flyfish Club Fined $750K by SEC for Selling NFT Securities
The U.S. Securities and Exchange Commission (SEC) has fined Flyfish Club, a restaurant project, with a hefty $750,000 settlement for allegedly selling unregistered crypto asset securities. According to a cease and desist order issued on September 16, Flyfish Club sold 1,600 NFTs to U.S. investors, making $14.8 million. The SEC claims these NFTs, which were meant to provide access to a yet-to-be-built Manhattan restaurant, were essentially securities and thus needed to be registered.
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NFTs | OpenSea | News
🥇 Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing
In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-largest blockchain by non-fungible token (NFT) sales, carving out a significant position in the NFT ecosystem.
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NFTs | OpenSea | News
🖼 Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO
While the NFT market has lost considerable steam since peaking two years ago, the marketplace Magic Eden has been reaching new heights on its own, according to CEO Jack Lu. When Magic Eden launched in September 2021, the NFT market saw $4.2 billion in JPEGs trade hands, according to CryptoSlam. At that time, Magic Eden was precluded from some of the NFT market’s buzziest projects, as the most successful ones ran rampant on Ethereum.
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NFTs | OpenSea | News
🖼 Magic Eden CEO Welcomes 'Regulatory Clarity' After SEC Threat to NFT Rival OpenSea
NFT marketplace OpenSea signaled that it was braced for a regulatory crackdown last month, the disclosure delivered a jolt to Magic Eden CEO Jack Lu. “It all happened very suddenly,” he said in an interview with Decrypt (video below), adding that the San Francisco-based firm has not received a so-called Wells notice from the U.S. Securities and Exchange Commission (SEC).
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NFTs | OpenSea | News
🖼 Gameloft Reveals 'Claynosaurz' Mobile Game Based on #Solana NFTs
Popular Solana NFT collection Claynosaurz and the 3D animation studio behind it are expanding into gaming. On Thursday, the makers of Claynosaurz announced a collaboration with leading game publisher Gameloft to develop a mobile game based on the brand. While specific details about the game have yet to be fully revealed, the development team hinted that it will combine elements of a "choose your own adventure" experience with gameplay reminiscent of hit location-based game, Pokémon Go.
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NFTs | OpenSea | News
🖼 Donald Trump’s latest NFT launch depicts him as superhero, motorcyclist
The new collection features 50 NFTs selling for $99 each, with additional “trading cards” showing Trump as a boxer, dancing and even riding a motorcycle. In one of the cards, Trump holds a ball with a Bitcoin logo in his hand, highlighting him as a crypto-friendly presidential candidate.
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NFTs | OpenSea | News
🖼 Magic Eden's multi-chain NFT dominance surges with $60 million daily volume amid ME token hype
Magic Eden, the multi-chain NFT marketplace, is conjuring up a storm in the NFT world, with daily trading volumes skyrocketing from a modest $1 million to a staggering average of $30 million. The platform recently hit a peak of $60 million in daily volume, showcasing the renewed interest in digital collectibles across multiple blockchains.
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NFTs | OpenSea | News
🖼 CryptoPunk sells for $1.5 million amid NFT market downturn
According to CryptoPunks Bot, CryptoPunk 6915, one of the 24 rare Ape Punk, was acquired for 620 ETH (around $1.48 million) by an anonymous collector identified by “0x8bbccd.” The NFT is one of just 24 other Ape Punks issued on the Ethereum blockchain by Larva Labs.
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NFTs | OpenSea | News
🖼 96% of NFTs Are Considered Dead, Report Says
Following a remarkable boom in 2022, the hype surrounding non-fungible tokens (NFTs) is fading, with a recent report revealing that 96% of NFT collections are now considered dead. Researchers analyzed 5,000 NFT collections and tracked approximately 5 million transactions, examining metrics such as holder profitability, collection performance, and project longevity to reach this conclusion.
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NFTs | OpenSea | News
🖼 Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024
Magic Eden has solidified its position as the leading NFT marketplace, holding a 36.7% market share with $122.47 million in monthly trading volume in August 2024, according to CoinGecko. This milestone marks the sixth consecutive month Magic Eden has topped the NFT marketplace rankings.
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NFTs | OpenSea | News
💰 Solana’s August NFT Sales Reach $79M, Second Only to Ethereum
Since the peak NFT craze in January 2022, NFTs have fallen off a cliff. The markets are far from when volumes peaked at $17 billion. Despite the overall downturn in NFT markets, Solana has some good news. In August 2024, Solana secured the second spot in NFT sales volume at $78.8 million. This figure only trails Ethereum’s figures at $131 million. Solana is also ahead of Bitcoin NFT sales at $59 million.
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NFTs | OpenSea | News
🖼 Trump’s Fourth NFT Collection Hits $2 Million in Sales; Trade Restricted Until 2025
Former U.S. President Donald Trump has introduced his fourth series of non-fungible tokens (NFTs) titled “Series 4: The America First Collection.” Launched on August 27, this latest venture into the digital asset space has already generated significant interest and financial returns, reflecting Trump’s growing engagement with the cryptocurrency community.
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NFTs | OpenSea | News
🖼 0xAstra Debuts Genesis NFTs with Exclusive Minting Phases
Omnichain strategy game 0xAstra today debuts its first Genesis NFT collection ahead of its official launch on August 31. The collection, consists of 800 NFTs, were minted on the Ethereum blockchain, and were sold out before the second phase even begun. These Genesis NFTs are now being traded on OpenSea, with the floor price currently sitting at 0.135 ETH.
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NFTs | OpenSea | News