The latest market analysis confirmed that although crypto prices are volatile sometimes point downwards, blue-chip NFT projects continued to flourish in sales in the past week. In that context, trading volume on OpenSea surged above $1.3 billion. This remarkable performance signifies the return of the NFT bull market. Notably, in the last two months, OpenSea,… Continue reading OpenSea Surges In Trade Volume, Signaling The Return Of NFT Bull Market
Tag: OpenSea
Content Creators Unveiling A New Paradigm With NFTs
Nonfungible tokens (NFTs) have developed an environment where artists can readily take control of their work and finances. In that context, experts agree that artists and creators that tokenize their work and issue it as NFTs no longer need to deal with any third-party intermediaries. Content creators and artists are now expanding the creator economy… Continue reading Content Creators Unveiling A New Paradigm With NFTs
NFT Bubble Seems To Get The Shrinking Feeling
The NFT bubble is not popping, but it seems to have sprung a leak. Visitors take photos in front of historic sites and other places that interest them. In one case, Chinese contemporary artist Yang Yongliang took a photo in front of a video installation “Glows in the Night” which was converted into NFTs and… Continue reading NFT Bubble Seems To Get The Shrinking Feeling
Bored Apes Yacht Club Quietly Evolves Into ApeCoin-powered NFTs Universe
Non-fungible tokens (NFTs) continue making waves in mainstream media, with projects such as Bored Ape Yacht Club (BAYC) attracting notable investors in the NFT space. In this regard, several prominent names in Hollywood are now proud owners of Bored Ape NFTs avatars. This move has made the interest and prices of Bored Ape NFTs soar.… Continue reading Bored Apes Yacht Club Quietly Evolves Into ApeCoin-powered NFTs Universe
Sequoia Capital Invests Significantly On Solana-Based NFT Marketplace Magic Eden
Magic Eden, a Solana-based NFT marketplace has recently raised $27 million in the latest funding round that was spearheaded by Sequoia and other investors. The Silicon Valley venture capital company, Sequoia is now betting big on the leading Solana NFT marketplace – Magic Eden marketplace. OpenSea is undoubtedly a leader in the NFT space. But,… Continue reading Sequoia Capital Invests Significantly On Solana-Based NFT Marketplace Magic Eden
First Kosher NFT Collection With In-House Synagogue Launched In The Metaverse
The latest reports indicate that the first-ever certified Kosher NFT collection has come. Analysts say that it is one of the most unique events in recent Metaverse history. The new Web 3.0 project known as CryptoJewish is powered by the Polygon blockchain. This project sets out to transform one of the most crucial segments of human… Continue reading First Kosher NFT Collection With In-House Synagogue Launched In The Metaverse
OpenSea SmartContract Upgrade Set To Delist Inactive NFTs On Ethereum
As part of the planned upgrade, all of the OpenSea users will have to migrate their existing nonfungible token (NFT) listings to a new smart contract. Up to date, OpenSea is one of the most popular NFT marketplaces. The marketplace has announced that it has rolled out an upgrade to its smart contract, which is… Continue reading OpenSea SmartContract Upgrade Set To Delist Inactive NFTs On Ethereum
What Is Yat, Why Are People Spending $425K On Emojis?
Developers said that in Web3, your Yat will become a universal digital identifier and can also be used as a URL, wallet address and may be minted on the Ethereum blockchain as a nonfungible token (NFT). Will emojis be the Web3 version of a username? That is what Yat, a Nashville-based tech startup thinks and… Continue reading What Is Yat, Why Are People Spending $425K On Emojis?
OpenSea Delists CryptoPunks v1 Once More Amid Legal Battle
OpenSea has delisted CryptoPunks in the past and it is doing it once more amid some legal battles. A majority of the users who acquired Punks’ nonfungible tokens (NFTs) on the basis that there were just going to be 10,000 of them, not possibly 20,000 have been served with a rude awakening. On February 7,… Continue reading OpenSea Delists CryptoPunks v1 Once More Amid Legal Battle
Top NFT Marketplaces That May Rival OpenSea In 2022
NFT marketplaces have been buzzing with lots of digital collections from different collectors and artists. The hype is never complete without OpenSea, which has grown to become the most popular place to sell, buy, and trade these nonfungible tokens. So far, the platform managed to gain $3.25 billion in volume in the past month, as… Continue reading Top NFT Marketplaces That May Rival OpenSea In 2022