💎 NFT's & Metaverse Updates💎

2024-05-01 21:36:58 NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines

Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. As April concluded and May commenced, data reveals that NFT sales for the previous month reached about $1.15 billion, reflecting a 31.26% decrease from March. The number of NFT purchasers also fell by 51.88%, while sellers saw a 45.72% reduction in the same period.

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2024-05-01 06:46:58 AnimeCoin Launches ‘Gacha Grab’ Game With Ethereum NFT Collection Azuki

AnimeChain project in March, the AnimeCoin Foundation—the group behind the eponymous token—launched a web-based game called Gacha Grab on Monday. Like a virtual slot machine inspired by Japanese gachapon toy vending machines, “Gacha Grab” tasks players with spinning the dial to earn points and prizes, including one of eight digital Gachapons each with a different reward level. Each spin in Gacha Grab costs 100 credits and grants one Gachapon collectible.

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2024-04-30 20:16:58 UXLINK Announces it's Largest Airdrop yet, Airdrop Voucher NFT Minting Set for May 3rd

UXLINK, the leading SocialFi platform, is thrilled to unveil its highly anticipated first season of airdrop events. This initiative is set to captivate over 550,000 community contributors, marking a significant milestone as one of the largest airdrop events in 2024. With a user base exceeding 5.5 million, UXLINK aims to involve about 10% of its active users in the upcoming airdrop. This event will kick off with four NFT series, representing a pioneering step in the Socialfi realm and a notable development for web3.

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2024-04-30 09:47:02 Holograph Expands 'Omnichain' Gaming NFT Push With New Funding

Holograph, an omnichain tokenization protocol that mints NFT assets that can be utilized across multiple chains, announced Monday that it has raised a new strategic round of funding as it expands into the growing blockchain gaming space. The latest round of funding amounts to $3 million, and was led by Mechanism Capital and Selini Capital. The strategic round pushes Holograph’s total funding to date to $11 million.

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2024-04-29 19:37:01 Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership

Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giant's further dive into the Web3 space. Adidas, the sports footwear and apparel company, has partnered with Stepn, a Solana-based fitness app, the latter said on Monday, as per Newsjani. The collaboration will begin with a batch of 1,000 NFTs known as the Stepn x Adidas Genesis Sneaker Collection. According to a news release, it is based on some of the "most iconic running silhouettes."

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2024-04-29 06:47:01 NFT artwork by humanoid robot sells at auction for nearly $700,000

A digital artwork by humanoid robot Sophia was sold at auction on Thursday for $688,888 in the form of a Non-Fungible Token (NFT), the latest sign of a frenzy in the NFT art world. NFTs, a digital signature saved on blockchain ledgers that allows anyone to verify the ownership and authenticity of items, have become the latest investment craze, with one artwork selling this month for nearly $70 million.

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2024-04-28 09:37:01 PayPal Withdraws NFT Purchase Protections

PayPal has announced revisions to its Seller Protection Program, with notable changes affecting Non-Fungible Token (NFT) transactions starting May 20. Under the updated terms, PayPal will no longer protect NFT transactions, including those exceeding $10,000. This decision marks a shift in the company’s approach to buyer protection within the NFT market, indicating the industry’s growing maturity.

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2024-04-27 21:16:58 Young Europeans are spending money in the metaverse

European tweens are increasingly willing to spend money in the metaverse to buy virtual products. Almost half of eight- to 12-year-olds have already bought a digital product, and a third are even willing to spend their own money. Thirty-seven percent of young European parents whose children play in the metaverse say their child has spent money (their own or their partner’s) on digital products, according to the latest YPulse survey.

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2024-04-27 08:36:58 Trump Bitcoin Ordinals inscribed for buyers of the 'Mugshot Edition' NFTs

Buyers of former President Donald Trump's "Mugshot Edition" NFTs have had their bonus Bitcoin Ordinals inscribed, the company behind the polarizing figure's non-fungible token collections said Friday. "We announced that certain buyers of the Mugshot Edition would be eligible for a one-of-one Trump Bitcoin Ordinal as part of their purchase," the company said in a post to X. "We are pleased to announce they are officially inscribed on the Bitcoin blockchain forever."

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