press release PRESS RELEASE. โNFTs arenโt dead, they are going to be everywhereโ says Tina Lou, Head of Marketing at Minxie, โand, actually, the bear market is the best thing that could have happened to themโ, she continues, โWeโve weeded through scams and rug-pulls and the projects left standing are truly dedicated to Web3 values. Weโve been forced to pivot and solve some fundamental issues we saw with the first wave of NFTs. When the market reverses youโll see more tangibility and innovation with the way NFT creators and brands…
Tag: NFT
Vkontakte, Russian Social Media Giant, Introduces NFT Service
Users of Vkontakte can show these tokens in the form of avatars or in a special showcase in the profile by linking their crypto wallets to their accounts. Social media platforms worldwide have been adopting non-fungible tokens (NFT) and Vkontakte, the largest social media network in Russia, has joined the bandwagon. As per the latest details, Vkontakte will allow users to upload their digital collectibles to the platform. Additionally, account holders on Vkontakte will also be able to buy and sell them in the future as the company is willing…
Russian Social Media Giant Vkontakte Launches NFT Service โ Bitcoin News
Russiaโs largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in the future as the company intends to establish a marketplace for non-fungible tokens. Vkontakte Users to Showcase Their NFTs, Set Them as Avatars The leading social media network in the Russian-speaking segment, Vkontakte (VK), has introduced an NFT service along with an educational course on non-fungible tokens (NFTs), the crypto page of the Russian business news portal RBC reported, quoting…
NFT Marketplace Magic Eden Rolls Out Rewards Program
For every 1 SOL traded, users earn five โMagic Points,โ placing users in one of five loyalty tiers. This ranking system will reward users with unique benefits, including exclusive creator content, partner discounts, and NFT giveaways airdropped directly to their profile. Source
NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes โ Markets and Prices Bitcoin News
On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above the floor value associated with the BAYC NFT collection. $154 Million in NFT Sales Recorded Over the Last Week, Cryptopunksโ Floor Values Rise From last Wednesday up until today, $154.78 million in sales were recorded over the last seven days which is…
Comic-Con guru says storytelling is the key component for successful NFT projects
NFT Steez, a new weekly Cointelegraph podcastย exploring nonfungible tokens and Web3 projects, spoke to Comic-Con legend Gareb Shamus aboutย how he has used storytelling to build engagement and a โmaker worldโ that grows and strengthens communities. What started off as a newsletter about comics โ Shamusโ passion project โ ultimately became known to the world as Wizard magazine. According to Shamus, Wizard was an outlet where he could โcreate a voiceโ and share with his friends the things he had discovered that excited him. Shamus touched on the importance of building…
Morningstar Ventures Invests $5M to Open 37xDubai, a Novel NFT Art Gallery in Central Dubai
Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), โ37xDubaiโ is positioned amidst Dubaiโs business and lifestyle center. 37xDubai aims to bridge art and technology through focusing on web3 education, traditional art, digital art, entertainment, and community. A carefully curated collection of art mixed with digital experiences will make 37xDubai much more than just a gallery. Via educational programs, private events, and monthly gatherings, 37xDubai will…
Polygonโs NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume, Nansen Data Shows
Amid a crypto winter exacerbated by the FTX fallout, first-time and returning buyers have reached all-time highs in Polygonโs non-fungible token market. Yet, sales volumes are near all-time lows. Source
NFT project blocks Chinese Twitter comments citing the need for ‘North American expansion’
According to a Twitter post dated Dec. 11, SHHAN, creator of the black cats nonfungible tokens (NFT) collection Mimic Shhans, explained to users why he was blocking posts on community social pages written in the Chinese language. The move came after users condemned the new measures as discriminatory. According to SHHAN, who is based in South Korea, but created a Chinese post to specifically address the issue:ย “It is because I previously announced on Twitter and Discord that my team is trying to enter the North American market. Therefore, I…
NFT market held back by oversupply, greed and bad projects: Gary Vee
Popular entrepreneur and NFT proponent Gary Vaynerchuck โ also known as Gary Vee โ has argued that oversupply, greed and subpar projects are the main reasons the NFT market fell so hard over the past year. On Dec.12, Vaynerchuck highlighted his latest blog post via Twitter which explores the NFT sector’s current issues and where he thinks it’s headed next year. Hope this article can help some of you, the feedback has been humbling โฆ. Why I Said 97-99% of NFTs Would Go to Zero – Gary Vaynerchuk https://t.co/BmhO7OUGdH โ…