Tag: NFT

Tom Brady’s NFT Venture Autograph Shifts Strategy Amid Struggles: NYT

CryptoX – Cryptocurrency Analysis and News Portal The firm’s revenue sank in 2022 amid the wider downturn in the digital asset market, according to the report, citing a person familiar with its finances. Autograph has laid off more than 50 employees, Insider reported in May and the Times confirmed in its report. Source The post Tom Brady’s NFT Venture Autograph Shifts Strategy Amid Struggles: NYT appeared first on CryptoX. CryptoX Portal

Ethereum NFT royalties hit two-year low as Bored Ape floor price falls below 30 ETH

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Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen. Data shared with Cointelegraph highlights the low point for NFT royalties before the impact of a recent drop in the floor price of Bored Ape Yacht Club NFTs as well as controversy surrounding the launch of the Azuki Elementals collection. April 2022 saw the peak of NFT royalties, with NFT creators bagging an estimated $75.7 million in royalties in a single week. According to Nansen’s data,…

NFT Royalty Payments Reached Two Year Low in June: Nansen

According to a report from data analytics platform Nansen released Wednesday, NFT royalty payments sunk to a two-year low in June. Royalty payments reached their peak in April 2022, contributing to 28,000 ETH, or nearly $76 million, in one week of creator earnings. Meanwhile, June’s peak week saw creators collectively earn 2,000 ETH, or about $3.8 million. Source

Actor Steve McQueen Honored Through ‘King of Cool’ NFT Collection on Theta

McQueen, who was known for his starring roles in movies like “The Cincinnati Kid,” “The Magnificent Seven” and “The Towering Inferno,” was also an avid motorcycle enthusiast. He participated in a number of races and collected many Triumph motorcycles and hot rods in his personal garage in Palm Springs, California. Original Source ActorCollectionCoolHonoredkingMcQueenNFTSteveTheta CryptoX Portal

Credit Suisse unveils NFT collection to support women’s football

Swiss investment bank Credit Suisse and the Swiss Football Association (SFA) have collaborated on an NFT collection to support women’s football, featuring 756 digital art portraits of Swiss national team players. In an official press release, the collaboration announced the release of a series of digital portraits showcasing the Swiss Women’s National Team members. All proceeds from the NFT collection will be donated to the team and various organizations dedicated to empowering female football players. The NFT collection, consisting of 756 unique digital assets, will be minted on the Ethereum…

NFT thefts decreased in June, data shows 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied PeckShieldAlert data shows that approximately $2.27 million worth of non-fungible tokens (NFTs) were stolen by bad actors in June, representing a 23% decrease compared to May. Blur, the world’s number-one NFT marketplace, was the preferred dumping ground for 86% of the stolen digital collectibles, followed by OpenSea with 13.76%. #PeckShieldAlert In June 2023, ~$2.27M worth of #NFTs were stolen, marking a 23% decrease compared to the previous month. Within a span of 160 minutes, half of…

Blue chip NFT prices wobble, Credit Suisse tries tokens and more

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‘Blue chip’ floor prices near two-year lows The largest nonfungible token (NFT) collections by market capitalization are in a sea of red as the cheapest NFTs in their collections took dives over the past week with some hitting near two-year lows. Yuga Labs’ flagship Bored Ape Yacht Club (BAYC) collection — the second largest by market cap according to CoinGecko — hit a floor price of 27.7 Ether (ETH), or $54,200 on July 3, a level not seen since September 2021. The largest 12 NFT collections floor prices are in…