Of the 7,500 tokens available, only 1,818 were minted at the time of writing. The project fared worse on secondary marketplaces such as OpenSea, with NFTs selling for below the mint price – meaning, it was cheaper to buy the NFT at resale than mint an original. Source
Tag: NFT
Twitch Co-Founder’s Gaming NFT Marketplace Expands to Polygon Network
The company said in a press release that expanding into Polygon will help it “focus on user acquisition and provide the blockchain tooling and financial infrastructure necessary to spur successful game development.” Its F Studio product suite will now offer a Polygon-based launchpad, marketplace, tournaments, developer SDK, game launcher and sign-in with Fractal service. Source
Solana Network On Hyperdrive With Marked Growth On TVL, NFT Trade Volume
Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors. Here’s a quick glance at SOL performance of late: SOL metrics and trustworthiness score looking positive Solana’s TVL seen to jump higher Solana rolls out Saga Pass Cards There is sizeable growth seen both in terms of NFT with the rollout of the Saga Pass Cards and market cap.…
NFT Application Floor Acquires Data Platform WGMI.io to Educate Traders
The Floor iOS and Android app is currently in a closed beta test for a small community of token holders. It is led by co-founder and chief operating officer Christine Brown, who was previously the crypto chief operating officer at investing platform Robinhood, and co-founder and chief technology officer Siddhartha Dabral, who formerly founded software company Button Inc. Source
Ether Turns Deflationary Again Led by Spike in NFT Sales
Ether’s inflation rate also depends on a separate mechanism known as the Ethereum Improvement Proposal (EIP)-1559, where fees paid for transactions on the network are “burned,” or eliminated from circulation. The EIP-1559 is tied to the amount of ether burned with network usage: The more transactions on the blockchain, the more ETH is burnt. Source
Porsche 911 NFT Collection Struggles During Mint, Gets Negative Pushback Online
The 7,500-edition collection, which pays homage to the brand’s iconic 911 sports car, opened minting for allowlist holders at 9 a.m. EST on Monday in four waves of one hour each. After the initial allowlist mint ended, the mint was released to the general public with an open-ended stop time. Collectors were allowed to mint up to three virtual 911 Porsches at 0.911 ETH each, roughly $1,490. Source
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…
NFT Collection Doodles Acquires Emmy-Nominated Animation Studio
Although Golden Wolf said it will continue to operate independently, the studio will work closely within the Doodles brand. Golden Wolf founder and CEO Ingi Erlingsson has joined Doodles as chief content officer, focusing on running studio operations while building out the next wave of the Doodles brand. Source
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…