OpenSea 2.0: Market Revival And Focus On NFT Utility

Amid the downturn in the NFT market, with global sales dropping to $8.7 billion in 2023, OpenSea, a major player in NFT transactions, is working on OpenSea 2.0. The development coincides with changes in the industry, including the surge of blockchains like Solana and the introduction of new assets like Ordinals on the Bitcoin blockchain.… Continue reading OpenSea 2.0: Market Revival And Focus On NFT Utility

Lufthansa Enhances Customer Loyalty With NFTs

In another notable move to active customer engagement with blockchain technology, the Lufthansa Group, the parent company of one of the biggest airlines in the world, has confirmed the launch of an NFT-based loyalty program known as Uptrip. The program, nonetheless, is not limited to Lufthansa only, its subsidiaries such as Swiss International Air Lines… Continue reading Lufthansa Enhances Customer Loyalty With NFTs

The British Museum Joined The Metaverse With Digital Collectibles

The British Museum wants to enter the metaverse via a partnership with The Sandbox. Reports indicate that the museum wants to create a wide range of NFT digital collaborations in partnership with its licensing partner, French startup LaCollection. These nonfungible tokens will reflect the breadth and depth of The British Museum’s collections, providing new immersive… Continue reading The British Museum Joined The Metaverse With Digital Collectibles

OneFootball To Drop “Tifosi Selection” NFT Collection Honoring Italian Football Fans

OneFootball, a leading football media platform, is getting ready to launch its latest nonfungible token (NFT) collection, the Tifosi Selection, on January 31 at 16:00 CET. The collection consists of 10 rare moments of footballers from the first half of the 2022/23 Serie A season, all chosen by the community. Furthermore, fans will also get… Continue reading OneFootball To Drop “Tifosi Selection” NFT Collection Honoring Italian Football Fans

Interest In NFTs Is Surging Again. Could They Explode Again In 2023?

2022 has proven to be a tumultuous year for nonfungible tokens (NFTs), with speculations of the NFT bubble bursting amid the persistent crypto winter. Q3 2022 saw only $3.4 billion in sales compared to $8.4 billion in Q2. In December, the numbers plunged further. Over the year, investor interest and media coverage also plunged. Nonetheless,… Continue reading Interest In NFTs Is Surging Again. Could They Explode Again In 2023?

Mattel Unveil An NFT Collectibles Marketplace On Flow

Mattel, the toy giant, has unveiled a nonfungible token (NFT) marketplace where users can purchase digital collectibles of the company’s iconic brands. Coupled with the release is the introduction of their new Hot Wheels NFT collection. What does the marketplace entail and what will happen in the upcoming NFT launch? The toy giant maker unleashed… Continue reading Mattel Unveil An NFT Collectibles Marketplace On Flow

Funky Wolves NFT Project Reaches $5M Valuation After Angel Funding Round

The Funky Wolves NFT project has reached a staggering $5 million valuation after it completed its angel-round funding. This startup’s latest milestone comes in the wake of a string of exciting developments. For example, its first nonfungible token collection, the Funky Pass Genesis collection sold out within nine minutes. It also boasts an interactive immersive… Continue reading Funky Wolves NFT Project Reaches $5M Valuation After Angel Funding Round

STRMNFT Celebrates Artists’ Day By Launching Its First Creator Program

In the past several months since its launch, the nonfungible token marketplace STRMNFT has grown to become a destination for many emerging creators. In celebration of the forthcoming International Artist Day, the marketplace proves its commitment to supporting rising artists by opening its first developer program. This platform launched their creator program, zeroing in on… Continue reading STRMNFT Celebrates Artists’ Day By Launching Its First Creator Program

ApeCoin Price Surged Amid NFT Proposals Voting

Analysts believe that ApeCoin has formed a symmetric triangle pattern that normally shows a breakout on either side of the market. Apecoin put up an interesting show on September 17-18 after gaining almost 17% within 24 hours. Nonetheless, the early Monday’s trading hours saw a pullback with the asset losing over 5% of its value… Continue reading ApeCoin Price Surged Amid NFT Proposals Voting

‘Blue-Chips’ Halve In Value, Free-To-Mint Goblintown NFT Volume Grows

Data collected on the most well recognized nonfungible token (NFT) projects show that critical metrics have dropped with floor prices and market capitalization in the past month. “Blue-chip” nonfungible token (NFT) collections have now seen their floor prices and market capitalization slide over the last 30 days, with some of the well-recognized projects halving in… Continue reading ‘Blue-Chips’ Halve In Value, Free-To-Mint Goblintown NFT Volume Grows