https://t.me/Nfts_Daily

2022-05-14 15:27:02 NFT prices crumble as crypto market enters downturn

The popular Bored Ape Yacht Club (BAYC) has seen its floor price — a measure of the cheapest NFT in the collection – drop by 25% over the past week to 88 ETH ($1.7 million), according to data compiled by The Block. CryptoPunks' floor price is down 15% to 52.5 ETH over the same period.

The entire crypto market has seen a weakening in sentiment this week as the TerraUSD (UST) algorithmic stablecoin lost its peg to the dollar on Monday. Bitcoin is now trading below $30,000 while ether has fallen below $2,000 and other tokens have also come under pressure. The declining price of ether means that NFT investors have seen the value of their holdings fall even further in dollar terms.

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2022-05-13 10:42:02 Terra NFT Market Sees Trading Spike Amid UST Collapse

Though Ethereum is home to some of the most dominant NFTs, at least a dozen other blockchains mint the digital collectibles — including Terra, which collectors have turned to thanks to comparably lower gas fees. Amid the collapse of Terra’s stablecoin TerraUSD (UST) and its sister token, LUNA, NFT (non-fungible token) projects built on Terra have seen a considerable uptick in trading as savvy traders look to cash.

The daily volume of NFT trading on popular Terra marketplaces Random Earth, Knowhere and Luart is the highest it’s been since March 1, according to data aggregator Flipside Crypto. Terra’s NFT daily volume on May 11 reached 3.1 million UST ($2.1 million), up from 384,769 UST the day before. Random Earth and Knowhere also observed their highest days of trading volume on May 11. After never surpassing 11,000 LUNA, volume on Random Earth skyrocketed to 438,665 LUNA ($485,263).

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2022-05-12 10:23:02 Azuki Founder Rugged 3 Previous Projects

Zagabond, the leader of the now infamous Azuki project released a a blog titled “A builder’s Journey.” where he admitted to being behind 3 previous projects that ultimately became rugpulls including CryptoPhunks, Tendies, and CryptoZunks.It is rumored that members of the Cool Cats team found out about his information.

On May 10th, he took to twitter spaces to defend his position but the damage has already been done and the floor price of the Azuki project is now below 10 ETH. Launching multiple projects isn’t the main issue collectors and the NFT Community have with with Zagabond. The majority of their frustration is around the personas this individual created to take advantage of unsuspecting collectors.

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2022-05-11 11:22:02 CoinDCX may launch NFT marketplace, says COO Mridul Gupta

Cryptocurrency exchange CoinDCX may launch an NFT marketplace as part of its plan to offer newassets on the platform.Last month, CoinDCX raised $135 million in its Series D funding round at a valuation of over $2 billion. The company said it has 15 million registered users as of May 2022.

“We don’t want to be the creators of new assets because we believe that it is important to be the provider. The moment we start launching our own projects. We are not doing justice to either of the two visions. So, we might decide to do an NFT marketplace, which is connecting creators and users for buying NFT, but we will not launch our own NFT, or our own Web3 project,” CoinDCX’s Chief Operating Officer Mridul Gupta, told BusinessLine.

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2022-05-10 17:45:05 Logan Paul’s 99 Originals NFT auction begins soon

To the surprise of very few, Logan Paul has entered the NFT game. Logan Paul has introduced 99 Originals, an NFT project he started working on after his stint as a boxer.“I still wanted to create something that was timeless, something that reflected who I was behind the camera,” Paul said in a trailer for the project.

For 99 days, Paul aimed to take the “craziest” photos he could using a Polaroid camera. At first, the images ranged from half-naked women to wacky stunts with his friends to images of him in the ring. But Paul soon realized he needed to “dive a bit deeper” to find more authentic moments.“This is real. Life isn’t short. You just gotta do more,” Paul said. “I gotta push my mind and body to the deepest, darkest depths. And in there, there was light. And it was beautiful.”

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2022-05-09 12:56:02 Coinbase's NFT marketplace fails to woo users in beta

As the non-fungible token (NFT) sales plummet, cryptocurrency exchange Coinbase that launched an NFT marketplace late last month for select users in beta has failed to attract good demand.According to TechCrunch, the trading of digital collectibles has been sluggish on Coinbase NFT that promises a vast collection of NFTs on the Ethereum blockchain.

"Coinbase NFT volume has reached sales worth $668,668 across a small pool of 1,287 users, according to data on Dune Analytics," the report said on Friday.However, quoting a source close to Coinbase, the report said that Dune Analytics data doesn't provide an overall number of how many people have signed up for the platform.Users can create a profile that represents them by curating it with the NFTs that tell their story. They can also connect any self-custody wallet to select the NFTs they want to highlight or hide on their profile.

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2022-05-08 12:16:02 Poppy Playtime CEO Zach Belanger Regrets NFT Ties

The CEO of MOB Games, the team behind Poppy Playtime, released a statement last May 5. To recap, the popular survival horror game is facing controversies right now. One of these is Poppy Playtime’s NFTs released back in December. Read the whole statement from MOB Games CEO Zach Balanger below.

Including NFTs in video games is not a new concept since most games are doing it now. However, the case was different for Poppy Playtime which angered the game’s community. This is because buying Poppy Playtime NFTs meant you can get exclusive access to franchise lore. But most players saw this as the game using a paywall to withhold the lore behind the characters.

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2022-05-07 14:03:02 Theta Labs to help Sony launch 3D NFTs compatible with Spatial Reality Display

Japanese conglomerate Sony Electronics collaborates with blockchain video delivery network Theta Labs to launch nonfungible tokens (NFTs) that can be viewed in mixed reality through Sony's Spatial Reality Display, a monitor that lets people perceive things in 3D without using traditional 3D accessories.

The Spatial Reality Display tracks eye movement and adjusts the display as the viewer moves, giving users a 3D viewing experience. With this, Mitch Liu, co-founder and CEO of Theta Labs believes that NFTs and metaverses now have a “huge potential” for 3D visualization.According to Nick Colsey, a Sony Electronics executive, the NFT release is a way to show the capabilities of Sony's new Spatial Reality Display technology to NFT and metaverse enthusiasts.

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2022-05-06 17:52:02 NFT Market Collapses Just As Square Enix Sells Tomb Raider To Bet Big On Blockchain

You know what no one could ever have predicted? That a market based on imaginary ownership of infinitely duplicable jpeg images might not be end-game, long-term sustainable. As The Wall Street Journal reports, the NFT market is “flatlining,” down 92 percent from last September.

Yesterday we learned that Square Enix is intending to sell Crystal Dynamics, Eidos Montreal and Square Enix Montreal to the monolithic The Embracer Group, along with IPs for games like Deus Ex, Tomb Raider, Thief, and Legacy of Kain. Why? Because, to quote Squenix, “the Transaction enables the launch of new businesses by moving forward with investments in fields including blockchain, AI, and the cloud.

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2022-05-06 16:49:09 Join the hottest NFT community

NFTxCards is the first legit project that brings an adult entertainment industry to web 3.0.

All NFTs are created in collaboration with the hottest adult stars, film actresses, and models like Nikki Benz, Joanna Angel, Juilia Ann, Liya Silver, and others.

In 2021, they became the first and only adult project on Binance with the successful listing of 2000+ NFTs from top performers.

On 18 May, NFTxCards is releasing new collection "Muses of pleasure” that contains 10 000 crypto generated NFTs.

The collection has its own idea of beauty and will protest against the sexuality restrictions.

Every NFT is stored as an ERC-721 token and hosted on IPFS. Purchasing your muse costs 0.069 ETH if you are whitelisted.

Join the discord and get a WL spot

Hurry up to get your special muse

WEBSITE:https://bit.ly/3vPoIt6
DISCORD: https://bit.ly/3skJyyj
TELEGRAM: https://bit.ly/387ca7e Open / Comment