NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge – Markets and Prices Bitcoin News

The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and Sales Nosedive According to Google Trends (GT) data, interest in NFTs has dive-bombed, as the search query for the term “NFT” slid from a score of 100 on GT during the first month of 2022,…

Opensea phishing scandal reveals a security need across the NFT landscape

Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and shakers including the likes of Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many others, have made their way into the burgeoning Metaverse ecosystem in recent months. Also, owing to the fact that over the course of 2021 alone, global NFT sales topped out at $40 billion, many analysts…

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Russian national will use sales of her burning passport NFT to support Ukraine

Olive Allen, a Russian national and artist who has lived in the United States for more than 11 years, has burned her mother country’s passport in the hopes of raising awareness and funds related to the military conflict in Ukraine.  Speaking to Cryptox on Friday, Allen described herself as “a child of new Russia” and said the country would always be a part of her identity, but she had chosen to cut ties with it based on its recent actions in the Ukraine. Standing in front of the Consulate General…

The Rise of NFT Artist Emily Yang

“I’ve been drawing ever since I was really young,” Yang said. “I like to constantly take in information, whether it’s the commercials, movies, music, videos, TV shows, anime.” But with Asian parents, there was a part of her life where she had to “forget about” the artsy part of herself. Source

Axie Infinity Ranks As Most Searched NFT On Google Search

Just recently, Design Bundle, a source of design materials and an online marketplace for designers to develop and sell their work, has released a ranking of the most popular NFTs. On top of its list is Axie Infinity. The NFTs were ordered by the number of times each one had been looked for on Google in a particular month. Axie Infinity came on top of the searches, with 3.86 million searches. Related Article | Bitcoin Prices Dragged Down By Geopolitical Tensions, Ukraine Nuke Plant Bombing Axie Infinity: Love Potion Axie…

Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles – News Bitcoin News

On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According to Billboard, the Chartstars project will be Billboard’s first NFT product focused on music fans, as Chartstars aims to “commemorate achievements and milestones on the Billboard Charts.” Billboard Joins the NFT Ecosystem The American music and entertainment company Billboard has revealed it has partnered with Universal Music Group (UMG) in order to enter the growing NFT ecosystem. The company…

What Does an NFT Whitelist Spot Get You?

Getting in on exclusive new NFT drops and bagging a rare collectible for next to nothing is the new-age way of rolling up in a brand new Tesla. But how do people get early access to NFT launches, and how can you get whitelisted for them? While the concept of whitelisting is fairly simple, how it pertains to NFTs might be tricky for those new to this space. In this short guide, we will cover what an NFT whitelist is, the benefits, and how you can get exclusive access to…

NFT Market Records Decreasing Number Of Buyers

The last few months have been turbulent for the NFT market, and the numbers point to a sluggish trend in terms of interested buyers. The number of unique non-fungible purchases fell below 800,000, snapping a three-month trend, in what data aggregator CryptoSlam refers to as a “mini-bear market.” According to CryptoSlam data, the number of unique NFT buyers decreased by 13% in February from the previous month’s record. This is the first time since October that buyers will go below the 800,000 level. Related Article | NFT Vs. DeFi: NFT…