Tag: NFT

NFT Sector Keeps Developing – Number of Unique Ethereum NFT Traders Surged 276% in 2022 – Blockchain News, Opinion, TV and Jobs

By Paul Hoffman from BestBrokers Looming Fed rate hikes were the hottest topic in the beginning of 2022. Shortly after that global markets dove even deeper into the red with the start of the war between Russia and Ukraine. Not long after the LUNA crash followed and crypto markets plunged deeply. Unfavorable events for the global economy continued and caused further damage to all crypto assets. Despite all the negativity surrounding crypto and multiple published analyses, concluding with the announcement of “crypto winter”, the NFT sector kept developing at a…

Sotheby’s Holding Meme-Inspired NFT Auction Featuring Beeple

Additionally, Sotheby’s is hosting a New York-based auction the following week called “Natively Digital: Glitch-ism,” featuring “glitch art,” which are digital works inspired by the early days of the internet. The auction, which will take place from March 24 to March 31, will include works from digital artists XCopy, Luis Ponce, jakethedegen and more. Source

VC-Backed NFT Social Platform Metalink Launches Mobile App

Metalink also announced a previously undisclosed $6 million seed round with funding from an impressive list of venture capital funds and Web3 personalities. Investors include Guy Oseary, Gary Vaynerchuk, MoonPay CEO Ivan Soto-Wright, The Sandbox founder Sebastien Borget, former Coinbase Chief Technology Officer Balaji Srinivasan, DJ Justin Blau, Social Capital, Arrington Capital and Sound Ventures. NFT collectors including Cozomo de Medici, Gmoney, Seedphrase, SobyLife, Tony Herrera, Meltem Demirors and Farokh, as well as corporate investors Gemini Frontier Fund, Dapper Labs’ venture arm, BallerVC, and Genies’ Human Ventures also provided funding.…

Amazon NFT Platform Is Gamechanger

With the use cases of NFTs constantly multiplying, there are many speculations as to what Amazon will focus on. Top players in the NFT space have adjudged the rumors of an Amazon NFT platform to be a potential game changer. The rumors started swirling about the platform after Amazon CEO Andy Jassy noted the e-commerce giant may sell NFTs. Since then, different reports have emerged outlining how the company could move forward with the initiative. One report even suggested that the e-commerce giant will be ready to launch the platform…

NounsDAO Approves Proposal for Feature-Length NFT Movie

The budget for the first installment has been set at $125,000. According to the proposal, the pilot will be revealed in 90 days, after which the decentralized autonomous organization (DAO) will decide whether to continue funding the project. Nouns members will be allowed to submit story arcs and ideas for future installments. Source

Absorb for adoption — How infamous 30% Apple cut affects iOS NFT apps

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Apple’s continued enforcement of in-app purchases to sell services remains a trade-off for NFT applications looking to tap into the convenience of streamlined in-app purchases for iPhone users and a massive user base around the world. As previously reported, Apple maintains strict rules for nonfungible token (NFT) apps, enforcing a 30% commission on the sale of NFTs through in-app purchases. The enforcement of this 30% commission has been a sore point, with Coinbase Wallet seeing an update to its application blocked by Apple in December 2022. This was due to…

4 out of 10 NFT sales are fake: Learn to spot the signs of wash trading

NFT wash trading creates a phoney appearance of popularity to push up prices and rip collectors off. But you can learn how to spot the signs. Wash trading on nonfungible token (NFT) marketplaces is back in the spotlight after critics claimed the fast-growing NFT marketplace Blur has incentivized the practice with its trading rewards scheme. 10% of Blurs total token supply was distributed to users based on their trading activity in its second token reward scheme from Feb. 14. The platform has seen a surge in trading volume in comparison…

NFT Artist Beeple Opens Digital Art Gallery in Charleston

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