Tag: NFT

OpenSea implements 0% fees to win over NFT userbase lost to Blur

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Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once dominant user base. On Feb. 18, NFT marketplace Blur surpassed OpenSea in daily Ethereum (ETH) trading volume as users — anticipating greater returns on their NFT investments — are looking for a trading arena that works in their favor, shows Nansen data. Daily trading volume of major NFT marketplaces. Source: Nansen As a reactionary measure, OpenSea announced three major changes to win back…

eBay NFT platform KnownOrigin launches creator smart contract

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According to a new twitter post on Feb. 16, e-commerce platform eBay’s nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator Contract beta release for the past few weeks, with 84 contracts thus far deployed and 250 edition of NFTs minted. From Feb. 24 onwards, all approved creators on KnownOrigin will be able to deploy and mint work on their own…

NFT Marketplace Rarible Expands Aggregation to Tezos

“Tezos is very big among artist communities, among the exact community that Rarible started with,” said Salnikov. “Tezos landed with the most crypto native culture … it’s a carbon neutral chain, it is decentralized, it is more or less one of the chains that achieved scalability and lower transaction costs without compromising decentralization.” Source

GQ Magazine Enters Metaverse with Launch of Its First NFT Collection

GQ joins many other legacy publications that are recently showing an affinity for Web 3.0. Men’s fashion-based GQ magazine is foraying into the metaverse by launching its first-ever collection of 1,661 non-fungible tokens (NFT). Titled “GQ3 Issue 001: Change Is Good,” the collection features special art pieces created by popular artists Chuck Anderson, REO, Kelsey Niziolek and Serwah Attafuah. Each artist created more than 100 unique traits, which have now been algorithmically combined to create the artwork in the series. GQ Magazine to Begin NFT Minting in March The fashion…

GQ Magazine to Launch Its First NFT Collection Linked to Real-World Rewards

Titled “GQ3 Issue 001: Change Is Good,” the collection is made up of 1,661 NFTs linked to one-of-a-kind art pieces created by artists Chuck Anderson, REO, Kelsey Niziolek and Serwah Attafuah. Each token allows holders to claim additional rewards such as a GQ magazine subscription, a curated GQ box of products, exclusive merchandise and a ticket to the inaugural GQ3 party in April. Holders will also have access to a special Discord channel and will receive priority access to future releases. Source

New Lamborghini NFT Collection Revs Up for Release on VeVe

The NFTs, which are set to be listed on VeVe Feb. 19, will feature the Huracán STO model with a range of rarity traits. Once purchased, collectors can showcase their NFTs in the app’s virtual showrooms, share on their VeVe social feeds, and use augmented reality (AR) to view and “drive” their car on streets in the real-world. Source CollectionLamborghiniNFTReleaseRevsVeVe CryptoX Portal

NFEX Raises $3M Seed Round to Build NFT Derivatives DEX – Press release Bitcoin News

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press release PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace. What is NFEX? NFEX is a decentralized derivatives exchange that offers perpetual swaps trading across popular blue chip NFTs and other crypto assets. NFEX expands limitations and boosts liquidity compared to traditional NFT marketplaces, offering leverages and long/short trading capabilities. Users…