The $14.5 million sale of 10 Autoglyphs marks one of the largest non-fungible token (NFT) trades recorded on-chain. A high-value NFT trader has just realized a $13 million profit after they sold 10 early Ethereum NFTs they acquired around three years before. This pseudonymous trader, who goes by the name OldSchoolCollection on NFT marketplace OpenSea,… Continue reading A Trader Made $13 Million Selling An Early Ethereum NFT Collection
Tag: NFT trading
Enhancing Brand Growth Amidst NFT Market’s Rebound
Recent data published by Binance Research displayed a considerable rebound in NFT trading, highlighting a perfect time for brand growth by leveraging Web3 strategies. NFT trade volumes increased by a massive 77% in December 2023, marking 2023’s peak. Such an explosive surge is opening up lucrative opportunities for new and experienced traders and investors in… Continue reading Enhancing Brand Growth Amidst NFT Market’s Rebound
Psyonix Criticized For Ending In-Game Trading In Rocket League
The team behind Rocket League, Psyonix, declared recently that item trading within the game will stop on December 5 across all platforms. This decision highlights the growing concern that surrounds closed gaming platforms and their effect on players’ control over in-game assets, an issue non-fungible tokens (NFTs) strive to resolve. Rocket League’s network lets players… Continue reading Psyonix Criticized For Ending In-Game Trading In Rocket League
PayPal Submitted Patent For NFT Trading Platform
The latest reports indicate that PayPal is entering the non-fungible token (NFT) space. This strategic move is accompanied by a patent application that provides insight into PayPal’s vision for an NFT marketplace within its network. While PayPal already plays an integral role in digital transactions, the venture into NFTs highlights its ambition to set up… Continue reading PayPal Submitted Patent For NFT Trading Platform
Decentraland Unleashed Upgraded Marketplace Navigation
Decentraland has recently confirmed an upgrade to its marketplace. This move strives to offer users a better trading experience. Considerably, Decentraland’s upgrade will boost navigation and enhance discoverability across the primary and secondary markets. Decentraland is a leading metaverse and it has introduced some major updates to its nonfungible token (NFT) marketplace. The latest updates… Continue reading Decentraland Unleashed Upgraded Marketplace Navigation
Blur Surpasses OpenSea And Gas Fees Surge
Blur has been growing by leaps and bounds. In a major milestone for the platform, this new NFT marketplace has overtaken OpenSea in daily NFT trading volume. Blur’s daily trade volume reached 6,602 ETH on February 15, surpassing OpenSea’s 5,649 ETH for the first time. Furthermore, Ethereum gas fees are also exploding because of growing… Continue reading Blur Surpasses OpenSea And Gas Fees Surge
Funko And Paramount Introduce New Nickelodeon Cartoon Digital Pop Collectibles
Paramount and Funko have partnered to create a new series of digital pop collectibles based mainly on Nickelodeon’s popular cartoon shows. The series 2 launch is scheduled for February 14 on the Droppp NFT platform. Notably, the new release features characters from the network’s most iconic animated series that include Invader Zim, Rocko’s Modern Life,… Continue reading Funko And Paramount Introduce New Nickelodeon Cartoon Digital Pop Collectibles
Polygon Outperforms Ethereum NFTs On OpenSea For Two Straight Months
Polygon, the popular blockchain solution is leading the OpenSea nonfungible token (NFT) sales charts once more. This is now the second month that Polygon is outperforming Ethereum trading volume, with 1.5 million NFTs sold in January 2023. In other words, the platform keeps exploding in popularity after scoring more than 1 billion transactions in 2022.… Continue reading Polygon Outperforms Ethereum NFTs On OpenSea For Two Straight Months
Bank Of Korea (BoK) Scales CBDC Test Programs To Global Remittances And NFTs
The Bank of Korea discovered that its central bank digital currency (CBDC) could process up to 2000 transactions per second, which is considerably below what the standard centralized ledger database provides. The central bank of the Republic of Korea together with the issuer of the Korean Republic won, the Bank of Korea (BOK), is allegedly… Continue reading Bank Of Korea (BoK) Scales CBDC Test Programs To Global Remittances And NFTs
What Is ThetaDrop NFT Ecosystem?
Celebrity NFT drops, coupled with VIP experiences and a new token airdrop makes up Theta Network’s ThetaDrop. ThetaDrop is among the most innovative marketplaces in 2022 that have helped the NFT space to thrive. The green platform consists of innovative tokenomics, live auctions, and even the Theta.tv dedicated streaming site. Here is what to know… Continue reading What Is ThetaDrop NFT Ecosystem?