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2022-05-16 12:47:02 Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%

As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours.

NFT sales have dropped 64.84% lower than the week prior during the last seven days. Nearly every popular NFT collection is down considerably when it comes to week-over-week sales.Otherdeed sales are down 90.31%, BAYC sales have slid 63.73%, Mutant Ape Yacht Club (MAYC) sales are down 65.73%, and Cryptopunks sales are under by 3.39% this past week.NFT floor values have slid a great deal in value during the past 24 hours as the crypto market carnage has not been kind to digital collectibles.

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2022-05-15 18:25:07 Azuki NFT Floor Price Is Back Up To 15 ETH Despite Rug Pull Allegations

The Azuki NFT floor price continues to rise this afternoon, seemingly shaking off the rug pull accusations. At the beginning of the week, the Azuki NFT floor price was 23 ETH.

However, following numerous allegations and revelations about the founder, Zagabond, the price took a hit, falling to 10 ETH. It appears as though the worst may be over for the Azuki community, and the price is heading upwards again.This week the news emerged that the Azuki founder, Zagabond, has previously created other NFT projects. These projects are CryptoPhunks, Tendies, and CryptoZunks.

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2022-05-15 09:47:24 Project PLUR
Project PLUR is a 3D NFT project with 8585 tokens.

A sad story inspires 8585, a good friend of ours was scammed of 85 ETH, hoping to bring him some good things through our project.

The project was inspired by hip-hop culture, Peace Love Unity Respect, commonly shortened to PLUR. We hope to pass this spirit on to our community and become a spiritual force for us.

The world needs a little noise, and here we are!

WEBSITE：https://plur.io
TWITTER：https://twitter.com/plurapeclub
DISCORD：https://discord.gg/9nujQdvnaR Open / Comment

2022-05-14 17:26:02 Sorare partners with Major League Baseball to launch fantasy NFT Game

Sorare, the sports NFT giant, welcomes Major League Baseball and MLB Players as its newest partner. The announcement will expand Sorare’s reach in the US market, allowing users to buy, trade, and play with official Major Baseball league NFTs.

The fantasy baseball game will be released this summer, and fans can create their own Major league baseball teams in the blockchain game, choosing from their favorite players. Sorare has focused on building key partnerships that have led to massive success with its fantasy soccer NFT game. It has successfully partnered with over 180 football clubs, including famous clubs like Liverpool FC, German Football club Bundesliga, and Real Madrid.

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2022-05-13 17:41:02 CryptoPunk NFT purchased for over $1M sells for less than $140K

The investor who bought CryptoPunk #273 for more than $1 million less than seven months ago sold the NFT for $139,530 — at a massive almost 80% loss.CryptoPunk #273 was sold for a paltry sum of 55 ETH by the investor who paid 275 ETH for it in 2021. While it is hard to tell what could have necessitated the sale, the loss reflects the “decline” in NFTs in the past few months.

In April, the NFT of Jack Dorsey’s first Twitter tweet was listed for $48 million but hasn’t generated a bid beyond $25k since then. The investor, Sina Estavi, had bought the NFT for roughly $3 million last year.Yuga Labs’ acquisition of CryptoPunks and Meebits IPs and subsequent promise to give owners exclusive rights as it did with its Ape collections was a positive move for the industry and lauded by analysts.Some argue that declining interest in NFTs is due to the overall bearish sentiment of the crypto market rather than NFTs themselves.

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2022-05-12 12:23:02 Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week

Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the previous week.

NFT sales are down this week as seven-day sales metrics show across 16 different blockchains, NFT sales slipped 42.85% lower than last week. Sales stemming from Ethereum were down 44.83%, but the top eight blockchain networks by NFT sales were all down this week.Solana sales are down 19.65%, Polygon NFT sales slid 35.63%, Flow sales are 36.19% lower, and Avalanche NFT sales are down 29.26%. Tezos, however, saw NFT sales increase 51.09% higher than the week prior.Despite Ethereum-based NFT sales dipping by more than 42%, ETH-based NFTs saw $828.7 million in sales which is 88.17% of the $939.8 million in seven-day NFT sales.

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2022-05-11 17:24:02 Pixels launches technology that allows users to print NFTs on hundreds of products

Online art marketplace Pixels has launched a feature that allows NFT owners to print their artworks as t-shirts, puzzles, canvas prints and other print-on-demand products.

Pixels integrated the service into its site to transform NFT jpegs into physical items. This draws on the current surge in NFT popularity and other collectible items that exist in the digital world, according to the brand.Users who own an image-based NFT on the Ethereum blockchain can transform it into physical products by copying and pasting their wallet address onto Pixel's NFT webpage.

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2022-05-10 22:47:27 28% Tax on Crypto is Considered by Indian Goods and Services Tax (GST) Council

The GST Council itself is a key body that makes all important decisions regarding taxes on goods and services in India. Its vision is that cryptocurrencies should be considered on par with lotteries, betting and other gambling mechanics.

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2022-05-10 14:52:02 Mark Zuckerberg Says Instagram Will Test NFTs Starting This Week

Meta (FB) CEO Mark Zuckerberg said in a video Monday that Instagram will begin testing non-fungible token (NFT) integrations this week.CoinDesk first reported the news on May 7, with the selected blockchains being Ethereum, Polygon, Solana and Flow. Zuckerberg did not share details on which blockchains would be supported.

The company says it's also working on three-dimensional, augmented-reality NFTs with its Spark AR software, which will first be compatible with Instagram stories.In a Twitter thread posted by a Meta representative, the company said the compatible third-party wallets will be MetaMask, Rainbow and TrustWallet. Instagram will initially support Ethereum-based NFTs, with integrations for the Polygon, Solana and Flow to be added at a later date, the post also confirmed.

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2022-05-09 17:16:38 A preview of how NFTs will look like on Instagram

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