“Blockchain technology offers significant benefits for consumers, particularly ticketing, including enhancing payment security, and eliminating scalping and fraud,” said Brian Trunzo, Head of Business Development, North America, for Polygon Labs, in a press release, who added that this launch would help grow consumer adoption. Source
The new secondary art NFT marketplace by Sotheby’s also pays royalties from sales directly to the artists, from payments made by collectors. Sotheby’s has launched an on-chain non-fungible token (NFT) marketplace that facilitates the sale of secondary digital art items. According to Decrypt, the New York-based auction house now supports secondary NFT sales, allowing artists to transact directly with collectors. For example, interested collectors can list and make offers on work from select artists. The next evolution of #SothebysMetaverse is here! The most trusted and dynamic destination to collect, buy and sell remarkable…
Nonfungible token (NFT) marketplace Blur recently launched its collateralized lending protocol called Blend, allowing a buy now, pay later approach to purchasing NFTs. Members of the community had varying reactions. Some believe that it’s a massive development for the space, while others called on the United States Securities and Exchange Commission (SEC) to protect users against such products. On May 1, Blur launched a peer-to-peer perpetual lending protocol called Blend, a platform it developed with the help of venture capital firm Paradigm. The protocol supports NFT collateral, and the team…
Blur has launched Blend, the expiry-less peer-to-peer perpetual lending protocol for NFTs, to increase liquidity for NFT holders. Blend – a solution to post-purchase NFT liquidity Blur, the self-proclaimed NFT Marketplace for pro traders, has rolled out a peer-to-peer perpetual ending protocol for NFTs. The project is a collaboration between Blur, Dan Robinson, and Transmissions11, a senior researcher and contributor to Paradigm and Seaport. The protocol, named Blend, short for Blur Lending, is a project to unlock NFT liquidity and spur the next level of growth in the token market.…
Luxury auction house Sotheby’s has announced the addition of a new on-chain marketplace that allows digital art collectors to purchase secondary NFTs. While many pre-existing NFT marketplaces already host peer-to-peer sales of digital artworks — the auction house is attempting to separate itself by offering a “rotating, curated selection of leading artists hand-picked by Sotheby’s specialists.” The next evolution of #SothebysMetaverse is here! The most trusted and dynamic destination to collect, buy and sell remarkable digital works. Explore: https://t.co/hZvYIkO3xx pic.twitter.com/dCkaCKlXVm — Sotheby’s Metaverse (@Sothebysverse) May 1, 2023 All NFT sales…
On May 1, nonfungible tokens marketplace Blur launched Blend, a peer-to-peer perpetual lending protocol that supports NFT collateral. Developed with venture capital firm Paradigm, developers cite Blend’s rationale as a means of “financialization to scale.” 4/ Every trillion dollar market relies on financialization to scale. NFTs are no different. Instead of paying $1m for a house, buyers put $100k down and pay the rest through their mortgage. Without this mechanism, almost no one would be able to afford homes. pic.twitter.com/4J96G3pGnJ — Blur (@blur_io) May 1, 2023 Blend has neither oracle…
“The opportunity to expand Sotheby’s Metaverse with a fully on-chain peer-to-peer market is an important step forward in our evolution within the digital art and collectible space,” said Michael Bouhanna, Sotheby’s vice president and head of NFTs and digital art in a press release. “To commemorate this event by opening our secondary market to a carefully selected group of artists, many of whom have been at the forefront of the movement and brought digital art to worldwide attention, further emphasizes Sotheby’s commitment to the NFT community and to creating a…
Blur shared that the product was created in collaboration with Dan Robinson, Head of Research at venture capital firm Paradigm and investor in decentralized exchange (DEX) Uniswap V3, alongside pseudonymous research associate Transmissions, who has previously contributed to building the marketplace protocol Seaport. Paradigm is the lead investor in Blur. Source
Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates, Bored Ape Yacht Club Leads in Collections NFT sales surpassed $1 billion in both January and February 2023; however, sales figures declined in March and April. According to cryptoslam.io’s latest NFT sales data for April,…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Global tire manufacturer, Michelin, has announced the launch of the non-fungible token (NFT) series “Michelin 3xplorer Club”. It is set of 5,000 NFTs that will go on sale and be minted on Ethereum on June 15. The renowned Michelin food guide may be connected to the NFT collection. Michelin’s NFT Membership Cards to offer exclusive benefits According to Wu Blockchain, Michelin will release 5,000 NFT series dubbed “Michelin 3xplorer Club” n Ethereum on June 15. It…