https://t.me/nftsdefifinance

2022-12-04 22:14:00 OpenSea: NFT creators earned over US$1 billion in fees this year

According to OpenSea, NFT creators earned over US$1 billion this year so far (based on the sales concluded between January 1 and November 23 on the platform). This amount does not include grants, various incentives, or sponsorships. Over 80% went to less popular collections. The impressive figure mentioned above only includes the revenue generated by creator fees from the resale of their NFTs. In many cases, NFT creators also gain from sponsorships, engagement incentives, as well as grants. According to OpenSea's data, only 20% of the US$1.1 billion generated this year went to the top 10 NFT collections

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2022-12-03 22:03:01 OpenSea’s Ethereum gas usage has declined to almost zero

Ethereum (ETH) network based on transactions interacting with non-fungible tokens contracts showed that OpenSea’s gas usage has declined to almost zero.The analysis included token contract standards (ERC721 and ERC1155) and other NFT marketplaces. According to the above chart, overall gas fees in transactions related to NFTs peaked between October 2021 and January 2022. During this period, OpenSea accounted for roughly 20% of NFT gas consumption on Ethereum. The largest NFT marketplace was still able to maintain its dominance in gas consumption until July, when it began to decline rapidly –this coincided with when the bear market.

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2022-12-02 22:03:01 Magic Eden to debut code enforcing NFT royalties, allowing 'gamification' of collections

Solana's biggest NFT marketplace, Magic Eden, has followed in the footsteps of OpenSea in releasing code that allows creators to enforce royalties on new NFT collections. On launch day, there will be a free mint, which will supply a couple of thousand gift boxes, some of which will contain prizes. The move appears to be a change of heart from its previously stated stance on creator fees. Earlier in October, the marketplace announced a switch to an optional royalty model — a move that meant those buying or selling NFTs on its marketplace could choose what percentage cut of the sale is returned to the original artist. The decision was controversial and sparked criticism from a plethora of collections.

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2022-12-01 19:25:07 Forever 21 all set to launch the F21 Metaverse Collection in stores and online

To celebrate Forever 21’s one-year anniversary on Roblox, the brand will offer a product range based on a virtual collection that already exists on Forever 21 Shop City. The collection is called F21 Metaverse Collection and includes a variety of hoodies, T-shirts and other accessories. Forever 21 Shop City is designed to allow Roblox users, fashion influencers and creative designers to own and manage their own stores. Additionally, in preparation for the holiday season, Forever 21 Shop City will launch a limited-edition product line in December that will offer one item each day for 24 hours. These products will start at US $14.99 and will be sold both offline and online.

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2022-11-30 22:03:02 OpenSea says NFT creators earned $1 billion in royalties this year

Creators selling NFTs on OpenSea collectively earned $1.1 billion this year, with 80% of that amount allocated to collections outside the top 10. Royalties have become an increasingly fractious issue in the NFT space, as businesses fight for market share. Once championed as a prime use case for artists in the NFT space, and a golden egg in the creator economy, what OpenSea dubs "creator fees" are generated through taking a cut on the resale of NFTs on the company's platform. Also known as royalties, they have been hailed as a way for artists to reap recurring benefits as their creations are sold on.

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2022-11-29 22:25:10 Vive to Connect with Imversed and Other Metaverse, Creating Global Economy

As virtual and augmented reality continues to grow in popularity, more people are looking for ways to connect different metaverse together. This has led to the development of Imversed. One of the biggest issues with metaverse currently is that there are multiple different platforms, but these platforms are unable to connect with each other. This makes it difficult for users to access different metaverse at the same time and also limits the potential for a global metaverse economy.

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2022-11-28 22:03:01 The Open Metaverse Conference Opens Ticket Registration

Lamina1, the Layer 1 blockchain optimized for the open Metaverse, officially opened online ticketing/registration for the Open Metaverse Conference (the OMC) – a first-of-its-kind event bringing together leaders, creators, and innovators in the Metaverse. Curated to connect thought leaders that must collaborate in order to develop a truly diverse, decentralized, and open-source Internet, the OMC will bring people together from sectors spanning gaming, crypto, Web3, art, entertainment, enterprise, and commerce to debate and discuss the foundation of the next era of the Internet. At the same time, attendees will get hands-on with the Metaverse.

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2022-11-27 22:03:01 AIR MILES Partners with Tokens.com and Metaverse Group to Become First Brand-agnostic Loyalty Program of the Metaverse

The AIR MILES Reward Program is thrilled to announce that it has partnered with Tokens.com and Metaverse Group to become the first brand-agnostic loyalty program of the Metaverse. This new partnership model will open the doors for AIR MILES to create innovative new channels. The AIR MILES currency is currently issued at more than 300 leading Canadian, global, and online brands and at thousands of retail and service locations across the country. This breadth and scale of its existing partnership models, coupled with the engagement of the millions of Canadians who carry the AIR MILES card in their wallet or have the app on their phone.

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2022-11-26 21:52:01 BAYC Holds Sales Revenue Title Despite BAKC 2082.5% Sales Volume Hike

Bored Ape Yacht Club (BAYC) has been the title winner of the NFT collection sales revenue chart. As of press time, BAYC has a 24-hour sales revenue of $1,699,826 with 21 transactions. BAYC recorded twenty transactions. The sales revenue of BAYC NFT collections saw a drop of 61.86%. Interestingly, Bored Ape Kennel Club (BAKC) overhauled BAYC in sales volume with more transactions than BAYC. BAKC recorded 233 transactions, an increase of 2018.18%, while BAYC had only twenty-one transactions. Meanwhile, Ethereum topped the chart for blockchains by NFT sales volume. Ethereum recorded a sales revenue of $9,501,213 and is down by 31.00% within the last 24 hours. Additionally, Ethereum recorded 25,569 transactions with 9,708 buyers.

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2022-11-20 21:52:01 Binance Puts Ronaldo NFTs in Spotlight With First-Ever Global Ad Campaign

Binance, the world’s largest cryptocurrency exchange, has launched a new global marketing campaign with Portuguese football star Cristiano Ronaldo in honor of his inaugural non-fungible token (NFT) launch. The NFT collection, named the CR7 NFT Collection, is the first in a series of drops heralding Ronaldo's legacy. The NFTs, which launched exclusively on Binance's NFT marketplace on Friday, feature seven animated statues depicting iconic moments from his career, organized into four rarity levels. The auction for the 45 highest-value NFTs.

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