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2024-04-26 09:37:02 Justin Bieber’s $2 Million NFT is Now Worth Less Than $100,000

Celebrities often venture into uncommon realms seeking innovation. For Justin Bieber, the Non-Fungible Tokens [NFTs] space became a captivating pursuit. While the journey started strong, the volatile nature of the market has transformed it into a cautionary tale. Justin Bieber’s NFT portfolio, once valued at over $2 million, now languishes at a meager fraction barely exceeding $100,000.

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2024-04-25 19:17:01 Ethereum NFT Magazine ‘Redlion Gazette’ Closes Its Chapters

The Redlion Gazette—the world’s first weekly NFT magazine on Ethereum—ceased its operations at the beginning of the week, signaling the departure of an OG player in the blockchain art and media scene. “Yesterday marked the first Monday since 2020 without a Gazette release. As expected, it went unnoticed, confirming it was the right decision to end it. Still hurts though,” declared the mastermind behind the project, Redlioneye.eth, on X.

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2024-04-25 09:47:01 NFT lending volume surpass $2 billion in Q1 as holders search for liquidity

The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report.

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2024-04-24 20:37:01 Solana NFT Unique Buyers Soar to Record High on April 23

The number of buyers of Solana-based NFTs surged to an all-time high on April 23, according to CryptoSlam data. Although Solana NFT sales in USD terms were near the lowest level since December 23, a record number of over 61,000 unique buyers acquired Solana NFTs on Tuesday. According to CryptoSlam, one of the top collections by the number of buyers was DogeZuki Collection, which saw over 28,000 unique buyers during the last week and over 6,000 buyers during the last 24 hours.

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2024-04-24 09:57:02 DeGods NFT Solana Return Teased a Year After Ethereum Migration

The popular DeGods NFT collection may be set to make a shock homecoming. In 2022, DeGods shot into the limelight on Solana, becoming the most prominent and arguably the most successful NFT collection on the network. In Q1 2023, however, while Solana reeled from the knock-on effects of FTX’s collapse in light of their strong ties to the exchange’s founder, Sam Bankman-Fried, DeGods decided to migrate to Ethereum supposedly to explore new opportunities.

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2024-04-23 20:57:01 Indie Gem ‘Crystal Armada’ Soars into the NFT Space

A visionary indie game development team is inviting players to fleet command in ‘Crystal Armada – Rise of Terra‘, a game that redefines strategic space engagement with its unique simultaneous turn-based execution system. Set against the backdrop of a galactic crisis, Crystal Armada offers an innovative approach to space battles, blending turn-based strategy with real-time action. Every move is meticulously planned, every outcome considered, crafting a thrilling dance of destruction where cunning and tactics are as vital as the might of your fleet.

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2024-04-23 10:47:02 Manchester City & OKX Crypto Exchange Partner for New NFTs

One of the most popular and dominant football clubs on the planet, Manchester City has announced that its partnership with the OKX cryptocurrency exchange has led to the release of new non-fungible tokens (NFTs). Specifically, the two sides are collaborating on new commemorative football shifts that would be available as digital collectibles.

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2024-04-22 21:17:02 NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market

This week, NFT revenues fell 25.48% compared to the previous week. Losses affected four of the top five blockchain platforms in NFT transactions. Bitcoin maintained the lead with $111.8 million, though its sales fell by 35.63%, as reported by cryptoslam.io. Ethereum also experienced a decrease, with sales falling 20.38% to $49.58 million. Solana’s sales dropped by 17.13% to $34.82 million, whereas Polygon bucked the trend with a 33.21% increase, bringing in $15.4 million in sales.

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2024-04-21 20:27:01 DC Jumps Into NFTs, Will Dole Out Free Superhero Digital Collectibles to FanDome Registrants

Non-fungible tokens (NFTs), essentially digital versions of physical collectibles like baseball cards, are the swag du jour for Hollywood franchises looking to gin up fan excitement. WarnerMedia’s DC announced that will give away — for free — NFTs of comic-book covers (in three different levels of rarity) for superheroes including Batman, Superman, Green Lantern, Wonder Woman and Harley Quinn.

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2024-04-21 11:47:24 RACE Protocol’s Approach To Incentivizing NFT Holders

RACE Protocol’s upcoming RACE Heroes NFT Pre-sale has introduced a unique approach to incentivizing NFT holders through a revenue sharing model. This model aims to create a more sustainable and engaging ecosystem by aligning the interests of the platform and its community. The RACE Heroes NFT Pre-sale offers participants the opportunity to acquire unique digital assets that grant access to a range of benefits within the RACE Protocol ecosystem.

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