NFT & Crypto Updates

2024-04-05 09:57:10 Ethereum leads NFT market with over US$10 million in sales

Ethereum led the non-fungible tokens (NFT) market in sales on Thursday by racking up US$10.48 million in the 24 hours to 12 p.m. ET, according to CryptoSlam data. Ethereum, which also leads the industry in all-time NFT sales with US$43.46 million, had a 42% surge in sales volume to top the day’s rankings as the only chain with at least US$10 million in sales. Pandora, a collection of 10,000 “Replicants” enabled by the ERC-404 experimental token standard, had a 279% surge to US$1.61 million to help Ethereum.

Source

NFTs | OpenSea | News Open / Comment

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2024-04-04 18:56:55 Hybrid NFT standard combines ERC-20 and ERC-721 with low transaction fees

Nonfungible tokens (NFTs) might be one of the most hyped innovations spurred during the rise of Web3, but the last bear market showed that they are not immune to a market downturn. Studies say that NFT sales are mostly driven by a combination of luck, scarcity and optimism, implying room for improvement to make them more resilient to market conditions. Unlike other blockchain-based assets, NFTs have their own challenges on top of the common issues troubling the broader Web3 ecosystem.

Source

NFTs | OpenSea | News Open / Comment

2024-04-01 18:10:55 Korea's Leading Metaverse Carrieverse, Reaches 100k Global DAU

According to Carrieverse, the DAU, which exceeded 150,000 after its global launch on Thursday remained above 100,000 as of Sunday. With its main user base in Thailand, the Philippines, and South America, it added Vietnam and Indonesia to the mix on March 28th, reaching 3rd and 2nd in new games popularity rankings respectively. The gross sales also reached new heights, ranking 16th in all games and 4th casual games in Thailand. It also ranked 15th in all games and 4th in casual games in the Philippines as well.

Source

NFTs | OpenSea | News Open / Comment

2024-03-30 19:59:40 Ethereum enters the weekend on top of NFT market with over US$11 million in daily sales

Ethereum NFT sales rose 5.21% to US$11 million on Friday to lead the market while Bitcoin, Thursday’s top network, had a 16% slump. Bitcoin ranked second on Friday with US$10.21 million in total sales. Despite the drop in sales, Bitcoin is expected to surpass US$3 billion in total sales this week. The network is less than US$700,000 away from the milestone. Solana, ranked third, experienced a 21.58% sales drop to US$5.30 billion.

Source

NFTs | OpenSea | News Open / Comment

2024-03-29 21:39:22 Bitcoin snatches daily NFT throne from Ethereum

Bitcoin has topped the non-fungible token (NFT) market in sales performance on Thursday, with a slight decrease of 0.06% in sales. The blockchain registered US$11.89 million in sales, with a negligible change in its all-time sales volume, maintaining a steady market presence. JIGO BRC-20 NFTs, a Bitcoin-based collection, led Thursday’s NFT collection rankings with almost US$2 million.

Source

NFTs | OpenSea | News Open / Comment

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2024-03-28 19:53:04 Ethereum reclaims NFT throne with US$17.02 mln in daily sales

Ethereum reclaimed its position as the top-ranking blockchain in the non-fungible tokens (NFT) market on Wednesday, with daily sales reaching US$17.02 million. The platform saw an increase of 39.19% in sales in the 24 hours to 2 p.m. ET, according to data from CryptoSlam. Ethereum’s all-time sales volume rose to US$43.36 billion, which is the highest in the industry. Ethereum dethroned Bitcoin for the top daily sales spot after the latter had held the position for two days.

Source

NFTs | OpenSea | News Open / Comment

2024-03-27 18:32:50 Crypto Project Pixelmon Seeks to Use Fractionalized NFTs to Make Its Comeback

Xiloyannis’ vision for Pixelmon includes pioneering fractionalized NFTs in a way that redefines the intersection of blockchain gaming and intellectual property rights. The infamous crypto project Pixelmon is set to make a huge comeback under the leadership of new CEO Giulio Xiloyannis. Xiloyannis disclosed the plans in a recent interview where he revealed that Pixelmon will embrace fractionalized non-fungible tokens (NFTs) on its journey to redemption.

Source

NFTs | OpenSea | News Open / Comment

2024-03-25 20:13:47 NFT Price Floor co-founder predicts quality NFTs comeback despite market retreat

NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity.

Source

NFTs | OpenSea | News Open / Comment