Major NFTs See Sales Explode But ETH Remains Unchanged Amid Bear Market

Many major nonfungible tokens (NFTs) recorded a surge in sales and transaction volumes on December 11, with at least one gaining more than 1000%. Sales and transactions of major NFTs hit a surge even though the price of Ether remained mostly unaffected. The recent rally in nonfungible tokens comes amid weakening prices of digital assets… Continue reading Major NFTs See Sales Explode But ETH Remains Unchanged Amid Bear Market

Industry Shows Confidence In The NFT Sector Amid The FTX Saga

NFT artist Johnathan Schultz thinks that the era of nonfungible tokens (NFTs) without utility is diminishing, and to survive, it needs to outgrow the “memeification” of things. Even before the FTX saga, NFT collections have already felt the effect of the crypto winter, with trading volumes going down by 98%. With the FTX saga still… Continue reading Industry Shows Confidence In The NFT Sector Amid The FTX Saga

Cristiano Ronaldo Partnered With Binance To Unveil CR7 NFT Collection

The inaugural CR7 nonfungible token (NFT) collection consists of seven animated statues designed with four rarity levels. Every statue in this collection represents iconic moments in Ronaldo’s life and career. Binance crypto exchange has announced the introduction of its first Cristiano Ronaldo NFT collection. The CR7 NFT collection will become available on November 18, 2022.… Continue reading Cristiano Ronaldo Partnered With Binance To Unveil CR7 NFT Collection

FMEX Football Metaverse NFTs With Borrusia Dortmund Now Minting

World Cup 2022 is coming up in 8 days, and we are sure that you are excited as everyone else is for the special event. In recent years, the pandemic hit the world quite hard and the 2022 World Cup is expected to bring back joy and festive spirit in everybody. To celebrate World Cup… Continue reading FMEX Football Metaverse NFTs With Borrusia Dortmund Now Minting

OpenSea NFT Marketplace Laid Off 20% Of Its Staff

OpenSea, the biggest non-fungible token (NFT) marketplace in the digital currency space, has announced that it has now parted ways with around 20% of its staff, becoming the latest crypto company to lay off workers. While the total number of the affected employees was not revealed, OpenSea supposedly confirmed to reporters that it has as… Continue reading OpenSea NFT Marketplace Laid Off 20% Of Its Staff

Ayoken Raised $1.4M In Pre-Seed Funding To Expand Its NFT Marketplace

The latest reports confirm that Ayoken, a London-based non-fungible token (NFT) marketplace, has successfully raised $1.4 million in pre-seed funding. The startup now aims to use secured funds to bridge the gap between artists in the creative industry and their fans. In a May 31 announcement, the London-based NFT marketplace confirmed successful pre-seed funding that… Continue reading Ayoken Raised $1.4M In Pre-Seed Funding To Expand Its NFT Marketplace

SeatlabNFT Confirms IDO Starting May 24, 2022

On May 24, 2022, people around the world will get the first chance to invest in the innovative SeatlabNFT ticketing platform’s native token $SEAT. SeatlabNFT has confirmed the date for their IDO, with extensive details now available on their website. Starting May 24, people can start investing in the token as explained. By description, SeatlabNFT… Continue reading SeatlabNFT Confirms IDO Starting May 24, 2022

Web3 Increased Funding Is A Boost To The NFT Market

In recent months, more institutions and individuals seem to be betting their money on Web3 which appears to be helping the NFTs sector thrive further. KuCoin crypto exchange’s venture capital arm and nonfungible token (NFT) marketplace has confirmed their launch of a $100 million “Creators Fund” to assist in bootstrapping early-stage NFT projects at the… Continue reading Web3 Increased Funding Is A Boost To The NFT Market

Mark Karpeles To Airdrop Commemorative NFTs To Mt. Gox Users

Mark Karpeles, the former CEO of the now-defunct crypto exchange Mt.Gox, has announced that he will offer free commemorative non-fungible tokens (NFTs) to crypto users that were active Mt.Gox customers between 2010 and 2014. In a March 29 blog post, the former Mt.Gox boss confirmed that crypto users that were active Mt.Gox customers between 2010… Continue reading Mark Karpeles To Airdrop Commemorative NFTs To Mt. Gox Users

Tai Lopez’s NFT Launch, Alibaba’s Message Gun Scandal Tops Nifty News This Week

In the past few weeks, the non-fungible token (NFT) industry continues amassing massive traction across many sectors of the global economy. Prominent individuals, governments, sports hubs, and notable institutions are investing in the rapidly growing sector of the digital assets industry. Tai Lopez and Alibaba are perfect examples among those shifting their focus on the… Continue reading Tai Lopez’s NFT Launch, Alibaba’s Message Gun Scandal Tops Nifty News This Week