NFTs Inventory 🚀

2022-07-11 12:23:08 NFTs In A Nutshell: A Weekly Review.

As we enter the back half of 2022, the NFT market is adjacent to the broader crypto market: embarking down Bear St., with no real signs of redirection in sight yet. Daily sales volumes have dipped, Solana’s low gas fees and emerging community is positioning as a major threat, and OpenSea’s challenges continue – down a co-founder and up on suspicious flags on major collectibles.


It sets up an interesting storyline for the remainder of the year, and it’s hard to envision things getting too much worse than what we’ve seen so far into the year. Let’s take a moment to review all of the past week’s activity and action around NFTs….more Open / Comment

2022-07-06 07:53:39 Bitcoin and Ethereum Fluctuate, CEL Keeps Dropping.

Bitcoin price stayed above the key USD 18,800 support zone and settled above the USD 19,500 level, but it is struggling to settle above the USD 20,500 zone. It is currently (03:49 UTC) trading near USD 19,900 and is down 2% in a day and a week.

Similarly, most major altcoins remain supported. ETH is fluctuating above USD 1,100 while XRP is still near the USD 0.325 pivot zone. ADA could rise if there is a clear move above USD 0.48.


Bitcoin price.

Recently, bitcoin price made another attempt to clear the USD 20,500 resistance zone. BTC spiked towards USD 20,750, but there was no upside continuation. The price trimmed gains and declined below USD 20,000….more Open / Comment

2022-06-28 11:58:47 Foolish' to deny Bitcoin price can go under $10K — Analysis

Investors need a plan to cater for every eventuality, as analysts still focus on $16,000 as a downside target.

Bitcoin under $10,000 not impossible.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging just above the $20,000 mark over the 24 hours to the time of writing.

As ever, the behavior reflected moves in United States equities markets, which stayed flat on the day.

Remarks by Federal Reserve chair Jerome Powell had provided only brief volatility. Cointelegraph noted that Powell's Congress testimony provided no new information regarding macro policy.

As such, crypto commentators stuck to previous assertions — the outlook was uncertain, they said, but a potential fresh drawdown may only involve a trip to $16,000….more Open / Comment

2022-06-20 08:50:53 Bitcoin Falls Below $18,000, Ethereum Under $900 as Selloff Intensifies.

After BTC and ETH dropped below key support levels of $20,000 and $1,000 on Saturday morning, the selloff intensified as HODLers await the bottom.

Just after 3 a.m. on Saturday morning, Bitcoin finally fell below $20,000. One hour later, Ethereum followed it down and fell below $1,000. Those figures were seen as much-dreaded key support levels for the top two coins by market cap.

But by 5:15 a.m. EST, both began to slowly climb back, appearing to avoid the immediate precipitous slide many predicted would happen if $20,000 and $1,000 were breached. Some may have hoped $18,979 and $987 would be the lows of this crash.

No such luck: things got worse again around noon. Bitcoin and Ethereum took another dramatic leg lower, with BTC going to $17,772 at 4:30 p.m. EST on CoinMarketCap, and ETH to $898 at 4:15 p.m….more Open / Comment

2022-06-16 13:10:38 The Death of Play-to-Earn: Addressing the Elephant(s) in the NFT Room.

In 2021, blockchain games have become the main attraction in the crypto space after Axie Infinity became a massive sensation. Its huge success was something that everyone – crypto supporter or otherwise – could not shrug off. Even Philip La, the product chief of global hit Pokémon GO, has later on become part of the Sky Mavis roster.


Fast forward to 2022, and the game is floundering – daily average users (DAU) has plummeted from almost 3 million to less than 600,000; the floor price of Axies is less than $4 when they were around at least $400 during the game’s peak; the price of AXS is now less than $20 from its all-time high (ATH) of $160. Then there is the issue of the $600 million hack….more Open / Comment

2022-06-14 13:27:12 Pros and Cons of NFTs: Everything You Need to Know

Introduction:

According to DappRadar, NFT sales touched the mark of USD 25 billion in 2021, although many people are still unsure what NFTs are.

But the enthusiasm is real; just look at
Beeple's spectacular 'Ocean Front,' which sold for an incredible USD 6 million.

Whether you're a digital artist, trader, or simply interested in the 'buzz,' this article will explain to you about NFTs, their pros & cons, and how to buy NFTs.

So without wasting much time, Let’s get started!

What Are NFTs?

NFT stands for "Non-Fungible Token," and it serves two purposes….more Open / Comment

2022-06-13 11:38:09 Best NFT Marketing Techniques That You Should Know About.

Table of contents.
Importance of An NFT Marketing Strategy
Checklist for the Best NFT Marketing Techniques
·         PR Strategy
·         Twitter Marketing
·         NFT Listings
·         Influencer Marketing
·         Paid Advertisements
·         Discord and Telegram Marketing
·         Email Marketing
·         Generate Interest in Your Brand
·         Content Marketing
Conclusion

NFTs, non-fungible tokens, are digital assets of value acquired but irreplaceable since they are unique to their core. As part of a blockchain, NFTs utilize smart contract technology to give creators actual ownership of the assets….more Open / Comment

2022-06-11 09:42:02 Fractal set to launch blockchain gaming wallet for non crypto native users.

Fractal, a gaming focused NFT platform, is launching a digital crypto wallet for web3 gamers to make the sign-up process seamless for those unfamiliar with crypto. 

Fractal acts as a marketplace for gaming companies to drop new products to fans, and also serves as a secondary market where gamers can sell NFTs to each other.
A digital wallet, which is used to store and retrieve crypto, is where NFTs purchased on Fractal are currently stored. 

"There's actually not a lot of people who've ever touched a blockchain game. There's around 1.4 million wallets and 3 billion game players out there in the world," said Justin Kan, co-founder of Fractal, in an interview with The Block. Kan previously co-founded Twitch, a popular streaming platform for gamers….more Open / Comment

2022-06-09 13:12:47 Excellent Tips to Consider when Choosing an NFT Project.

It’s a real struggle to catch up on updates with the crypto industry. This industry has snowballed and received the most attention, especially in the form of digital arts in NFT.

New NFT projects have come and gone so fast that their track record of what is going on has become so complex, which has been for a while now. There are a variety of NFT projects popping up daily. Therefore, it would be best if you consider these excellent tips below as a guide to choosing the best NFT project for you….more Open / Comment

2022-06-07 09:40:39 NFT Market Shows Signs of Recovery Despite Low Trading Volume.

The market for non-fungible tokens (NFTs) shows signs of recovery - with the number of users, transactions, and amount of wallets buying NFTs seeing an uptick despite the continued low trading volume.
More than 250,000 users interacted with NFTs over the week ended on May 23, up by around 25% from 200,000 users that traded NFTs the week prior, according to data by blockchain analytics firm Nansen. 

There has also been a significant increase in the number of transactions, which hit 500,000 over the past week, up by more than 60% compared to the earlier week that recorded less than 300,000 transactions….more Open / Comment