Floor price of popular NFT collections collapse due to bear market

It appears there is no respite anywhere in the crypto realm in the face of Monday’s extraordinary market sell-off. Based on data from NFT Price Floor, the floor prices for Bored Ape Yacht Club (BAYC) and CryptoPunks, two of the most popular nonfungible token, or NFT, collections on the market, have fallen to 74 ETH ($92,223) and 48 ETH ($69,473), respectively.  In comparison, pieces in the BAYC collection had an all-time high floor price of 153.70 ETH, while the same metric amounted to 123 ETH for CryptoPunks. The data aggregator…

NFT Metaverse Pastel World Pushing Art and Tech Boundaries Despite Bear Market

Web3 venture Krew Studios has released further details about its much-hyped NFT avatar project Pastel World, both in a lengthy Twitter thread and freshly-updated litepaper. The startup, which was behind the smash-hit NFT collection MASKS from actor/artist Jordi Mollà, describes Pastel World as the “most ambitious project released by the Krew Universe to date,” one whose multi-chain model will “pave the way for future collaborations” with emerging crypto communities. Manga Meets Metaverse Pastel World is the brainchild of singer-songwriter JVCKJ, formerly one half of multi-platinum pop pair Jack & Jack,…

NFT flipping not so profitable for more than half of buyers: Survey

With the surging popularity of non-fungible tokens (NFTs) many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying a NFT was “to make money”. Blockchain monitoring software company DEXterlab polled more than 1,300 people on Twitter about their NFT buying habits in late May to early June. Despite a majority looking to gain from NFT trading less than 42% have made a profit so far according to the results. Why do you buy NFTs? —…

Kraft Foods files for NFT and Metaverse patents, Seth Green gets his ape back, and more…

American food manufacturing and processing giant Kraft Foods Group has filed NFT and Metaverse patents for several of its popular brands.  The firm joins a host of mainstream companies such as Gatorade, Nike, Adidas, and Coca-Cola that have moved to secure their products and branding in the crypto/virtual sphere. According to a June 13 Tweet from United States Patent and Trademark Office (USPTO) licensed trademark attorney Mike Kondoudis, Kraft Foods has locked in trademarks for Jell-O, Kool-Aid, Velveeta, Lunchables, Oscar Mayer, Philadelphia, and of course the Kraft brand. The firm’s…

BABY DOGE, NESSA MADRUGADA, ACABOU DE SAIR, LISTAGEM NA COINBASE, NO ANIVERSÁRIO! QUEIMAS MASSIVAS!

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📱⛏️TELEFONDA PNT MINING'i İLE GÜNDE 400 TL NASIL OLUYOR? PHENOM NOBEL YOLCUSU🏆 Kripto 'da Son Durum

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📹Bu video’da sizlere Phenom’a 5000 dolar yatırım yapmamın (sanırım) neden doğru bir karar olduğunu yakın dönemdeki PNT token değer artışından, telefon mininginden günde neredeyse 400 TL kazanan eski yatırımcıları ile konuşmamızdan, Hindistan ve Kazakistan’daki büyümelerinden ve Metaverse Evrenlerine getirdikleri sürpriz gelişmeden gördüğüm kadarıyla anlatıyorum. Ayrıca koşulları sağlayan 6 kişiye 4500 TL dağıtıyorlar. ✅Phenom ‘a Ücretsiz Üyelik Yap: Referans ID: nv9033152 Aplikasyonu İndir ➡️Android: ➡️IOS: ➡️Phenom Nobel Prize & Metaverse Uygulaması için: ⭐UMUT AKTU TWITTER⭐ ⭐UMUT AKTU TELEGRAM⭐ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Takip ettiğim projeler &…

Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users – Blockchain Bitcoin News

Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in order to launch .blockchain NFT domains. The company says that in the next few weeks, 83 million Blockchain.com wallet users will get a free .blockchain domain. Blockchain.com Partners With Unstoppable Domains — Firms Launch 1st Branded Top-Level Domain Blockchain.com has been a pioneer in the crypto space for quite some time, as the company launched the first Bitcoin (BTC) block explorer in 2011. This week, the company has announced it…

NFT pics are the funhouse mirror high-end art deserves

The funny thing about many of the absolutely insane things happening in the world today is that from a certain perspective, they actually make perfect sense. Take the famous brands buying metaverse real estate, for example. At first glance, it makes no sense at all. At second glance, assuming the user base of the respective projects grows over time, it’s like buying an ad banner on a website, just at a higher markup. Considering how many headlines you get on the purchase, the purchase becomes quite sensible even if you…

Mastercard to Implement Payments for NFT and Web3 Projects – Bitcoin News

Payments giant Mastercard has announced it is working to bring direct payment support for a number of NFT and Web3 platforms with its cards. According to the company, this will enable more customers to enter the industry as the barrier to acquiring such digital goods is lowered via more flexible payment products. Mastercard To Enable NFT and Web3 Payments Traditional payments companies are starting to embrace cryptocurrencies and include them as options in their business strategies. Mastercard, one of the biggest payments companies in the world, has announced…

How the Feds Are Prosecuting NFT Insider Trading Scheme as Wire Fraud – and Why That Matters

According to the indictment, Chastain took advantage of the way OpenSea promotes NFTs on its site. Multiple times per week, OpenSea lists “featured NFTs” on its homepage. Featured NFTs usually appreciated in price after appearing on the homepage because of the “increase in publicity and resulting demand.” The Indictment alleges that Chastain knew which NFTs OpenSea would feature on its homepage, because he sometimes, in his role as an OpenSea employee, selected them. Source