Tag: NFT

Checks VV Rouses the NFT Community From a Sleepy Winter

Loosely inspired by Damian Hirst’s NFT project The Currency, Butcher has decided to introduce a burn mechanic that allows holders to remove their edition from circulation and trade it in for an on-chain original featuring unique art and a smaller number of checks. Burning two original NFTs featuring 80 checks will turn them into a 40-check NFT. Then, burning two 40-check NFTs would create an original 20-check NFT, and so forth. At the end of the experiment, there is a possible supply of three black check marks – which would…

Bitcoin Remains Near Recent Highs and Theta NFT Sales Increase by 239% as NFT Market Surges – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin continued its surge over the weekend, rising to a peak of around $23,400. This has left a CME gap on the Bitcoin CME Futures chart at around $22,400, which many analysts theorise is a magnet for price. There are also CME gaps at around $17,000 and $20,000, which were formed on this recent aggressive move. NFT sales jumped by 16% last week, according to data from cryptoslam.io, with a total of $257 million sales ($206 million sales based on…

Big Eyes Coin Hits $16.5 Million in Presale as It Looks to Compete with NFT Platforms Like The Sandbox and BNB

Place/Date: – January 23rd, 2023 at 12:07 pm UTC · 4 min read Source: Big Eyes Coin Photo: Big Eyes Coin Big Eyes Coin (BIG) has introduced itself to the crypto market in spectacular fashion. The platform has laid out its goals and ambitions for when it launches, with a roadmap to document the milestones it plans to achieve. We can see from its whitepaper that Big Eyes Coin wants to become the next mammoth meme token, overtaking canine-themed meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE). One of…

NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023 – Bitcoin News

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Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being Ethereum-based NFTs. Ethereum Dominates NFT Market as Blockchains Theta, Fantom, Palm, and Wax See Largest Gains in NFT Sales Digital ownership continues in 2023 with $256.69 million in non-fungible token (NFT) sales over the last…

NFT Steez and Cryptoys CEO discuss the future of toys and entertainment within Web3

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This week, NFT Steez met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens  and Web3 as a whole.  Weinraub believes that the act of play is “not restricted to children” and that as adults, “we still crave the element of play throughout life.” According to him, “play has evolved” through the development of technology. NFTs, especially in gaming, have highlighted this layer of ownership through play. Weinraub and Cryptoys theorize that “adults are just looking for ways to…

NFT sales topped 101 million in 2022: DappRadar report

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Over the last year, nonfungible tokens (NFTs) continued to play an important role in the growing Web3 industry. NFTs initiated a shift away from hype-based drops, to utility-centric projects with long-term value. A new DappRadar report on blockchain and decentralized application (DApp) adoption in 2022 revealed that the NFT sale count last year reached 101 million. This is a 67.57% increase from the previous year. According to the report, the Ethereum ecosystem holds the top spot in the NFT ecosystem, holding 21% of the market share and over 21.2 million transactions…

Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more

Trump NFTs daily sales surge by 800% Former United States President Donald Trump’s nonfungible token (NFT) trading card collection has witnessed a massive resurgence in daily sales volume in recent days. Compared to Jan. 17 sales volumes, Jan 18. and Jan. 19 saw spikes of 800% and 600% respectively, according to market metrics aggregator Cryptoslam. Some pundits believe the renewed interest could be due to his imminent return to social media networks, following reports that the former president was seeking to rejoin Facebook and Twitter ahead of the 2024 presidential…

NFT Marketplace Blur Delays Native Token Launch

The platform, which has positioned itself as the NFT marketplace for “pro traders” since its launch in October, gained traction among seasoned JPEG slingers for its zero trading fees, marketplace “floor sweeping,” reveal sniping and advanced analytics. It is also backed by a number of industry heavy-hitters, including venture-capital giant Paradigm, NFT-native investment fund 6529, digital art collector Cozomo Medici and others. Source