Sotheby’s is one of the biggest and oldest auction houses in the world. On May 19, it confirmed the auction of seven NFTs that belonged to the bankrupt crypto hedge fund, Three Arrows Capital (3AC). This auction saw the collection of digital art pieces being sold for an attractive sum of nearly $2.5 million. The… Continue reading Sotheby’s Auctions NFTs By Bankrupt Crypto Hedge Fund
Tag: NFT market
NFT Market Seems Out Of Balance As Sellers Dominate
Since the beginning of April, there has not been one day where the total sellers on the NFT market have not surpassed the total number of buyers. Recent market data has shown that throughout this month, the nonfungible token (NFT) market has constantly seen many sellers, without a single exception so far. Based on data… Continue reading NFT Market Seems Out Of Balance As Sellers Dominate
DAO4ART To Launch A Trillion-Dollar AIGC+NFT Market
This year, AI technology appears to be everywhere. From the content creation space to design and programming, the AIGC market is now expanding rapidly. Despite all that popularity, the niches seemed significantly challenging to monetize – until now. With different platforms like DAO4ART, now users like us can reap the potential financial benefits of artificial… Continue reading DAO4ART To Launch A Trillion-Dollar AIGC+NFT Market
NFTs Are The New Status Symbol – Metajuice NFT Data
MetaJuice is a blockchain-oriented subsidiary of Together Labs. It shared some valuable NFT data collected from a survey of more than 6,000 sellers and buyers of nonfungible tokens (NFTs) in IMVU, the world’s biggest Web3 social metaverse. The collected data from the users provides a distinct look into the buying trends of NFTs among IMVU’s… Continue reading NFTs Are The New Status Symbol – Metajuice NFT Data
NFT Market On Recovery Road: CryptoPunk Sells For Nearly $1.5M
So far, 2023 appears to be a great year for the NFT market as a CryptoPunk was sold for 857 ETH. Interestingly, the iconic collection together with the Bored Ape Yacht Club (BAYC) reported more than $1 million worth of sales in only 24 hours. These promising statistics prove once more that most blockchain industries… Continue reading NFT Market On Recovery Road: CryptoPunk Sells For Nearly $1.5M
MoonPay To Offer ‘Soulbound’ NFT Loyalty Program
By leveraging the program, the company will automatically aim to develop white glove aid for all the people that require assistance in buying nonfungible tokens (NFTs). Since NFTs are on a roll in the blockchain space nowadays, most firms can be seen jumping on the NFT bandwagon and offering virtual collectibles as products. Crypto payments… Continue reading MoonPay To Offer ‘Soulbound’ NFT Loyalty Program
The Bonfire Of The NFTs
The NFTs dream is not dead, but it has taken a big non-fungible beating. The market shone gloriously in 2021 as crypto-rich speculators spent billions of dollars on risky assets, pumping up prices and profits. Six months into 2022, it is looking ugly. Monthly sales volume on the biggest NFT marketplace, OpenSea, dropped to $700… Continue reading The Bonfire Of The NFTs
Annual NFT Event “NFT.NYC” Kicks Off, Expected To Host Over 15,000 Attendants
The annual NFT conference NFT.NYC, one of the largest non-fungible token events, kicked off its fourth anniversary, celebrating the diversity of NFTs across 16 sectors, including art, film, sports, and ticketing. NFT.NYC is a three-day conference that started on June 20 will end on June 23, 2022, and will serve as a global melting pot… Continue reading Annual NFT Event “NFT.NYC” Kicks Off, Expected To Host Over 15,000 Attendants
OpenSea Launches New Security Feature Protecting Users From NFT Attacks
OpenSea, an American peer-to-peer marketplace for crypto collectibles and non-fungible tokens (NFTs), has introduced a new security feature that will automatically hide suspicious NFTs transfers from the general view on its marketplace. The security development appears in the light of the increasingly growing number of NFT phishing attacks in the past weeks. OpenSea recently came… Continue reading OpenSea Launches New Security Feature Protecting Users From NFT Attacks
64% Of People Buy NFTs To Make Money – DEXterlab Study
With the massive growth in popularity of non-fungible tokens (NFTs), the question has come up about whether it is worth investing thousands or millions of dollars into something that everybody can readily get for free on the internet. The underlying technology of NFTs has turned them into a form of a commodity from which the… Continue reading 64% Of People Buy NFTs To Make Money – DEXterlab Study