Meta & NFT

2023-04-05 15:05:33 OpenSea Launches OpenSea Pro, Courting Professional NFT Traders

As part of the launch, marketplace fees will return to the main OpenSea platform at 2.5%, while Pro users will have zero fees.
Leading non-fungible token (NFT) marketplace OpenSea said Tuesday it’s rolling out OpenSea Pro, a marketplace with advanced features targeting the growing market of professional NFT traders that has helped rival NFT marketplace Blur surge since its launch.
The new product is a rebrand of Gem v2, which is the newest version of Gem’s NFT aggregation platform. OpenSea acquired Gem in April 2022, with plans to bring its professional trading tools to OpenSea users.
OpenSea Pro will operate with 0% fees and pull listings across 170 marketplaces to provide the best deals for traders. It will support advanced “floor sweeping” for traders, instant sales, inventory management, the ability to optimize gas fees for efficient trades, a watchlist feature and more. It will also be available on mobile devices.

@nft_meta_en Open / Comment

2023-04-01 13:15:10 Non-Fungible Token Sales Slid 31% Lower in March With $882 Million in NFT Sales
According to statistics, the number of non-fungible token (NFT) sales in March was 31.42% lower than the previous month, dropping from $1.03 billion in sales for February to $882.89 million. The number of NFT buyers and transactions also declined, by 22% to 29%, over the last 30 days.
In March, sales of non-fungible tokens (NFTs) dropped by 31% compared to the previous month, as the number of buyers and transactions declined. Data shows that in February, NFT sales reached $1.03 billion, but statistics for the last day of March indicate that sales over the last 30 days amounted to $882.89 million. Of these sales, $537.89 million were settled on the Ethereum (ETH) blockchain, which dominated March sales with more than 60%. Solana-based NFT sales accounted for 10.57% of March sales, with $93.36 million recorded. Open / Comment

2023-04-01 12:00:08 Do you enjoy reading this channel?

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2023-03-29 17:14:50 Shiba Inu Launches New Twitter Account For Its NFT ProjectShiba Inu has launched a new Twitter account for The SHIBOSHIS.

In a tweet yesterday, prominent SHIB influencer Lucie announced the launch of a new Twitter account for Shiba Inu’s non-fungible token (NFT) Shiboshi. The Twitter account dubbed “THE SHIBOSHIS” was created yesterday by the Shiba Inu team.

The account has attracted a following from Shiba Inu’s community members, including lead developer Shytoshi Kusama. At press time, THE SHIBOSHIS account attracted a total of 899 followers. Open / Comment

2023-03-07 21:41:23 Just-In: Amazon NFT Marketplace To Reportedly Launch Next Month

Tech giant Amazon to reportedly launch its NFT marketplace next month, with 15 NFT collections already available from the launch date.

According to sources, Amazon plans to launch the “Amazon Digital Marketplace” on April 24. The platform will start offering the service to U.S. customers first and will gradually roll out to other countries.

According to the source, Amazon will start offering about 15 NFT collections on the launch day itself. Moreover, the NFT collections will be available on Amazon’s website and can be seen by clicking the “Amazon Digital Marketplace” tab. NFTs will only be purchased from the Amazon account and through a credit card.

NFT service through the Amazon platform allows people who do not have access to crypto wallets like Metamask to buy NFTs. It claims Amazon was already planning to launch the NFT services since last year. However, the launch was delayed following the collapse of FTX. Open / Comment

2023-03-07 14:10:58 Do you enjoy reading this channel?

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2023-03-01 17:12:16 Christie’s Auctions Fidenza NFT for $440,000 Amid Digital Art Resurgence

Renowned auction house Christie’s recently sold another NFT digital and physical artwork piece for a hefty price tag of nearly $450,000.

On Feb. 28, Christie’s announced the auction of Tyler Hobbs’ “Fidenza #724” for a realized £365,400 (approx. $440,000).

The piece is part of a wider collection of 999 NFTs. Christie’s described it as “channeling inspiration from art history and nature into innovative computer code.”

Tyler Hobbs is a software engineer as well as an artist. Speaking on generative art and NFTs, he said:

“I see code becoming a standard tool for artists. It’s just way too powerful to ignore.” Open / Comment

2023-02-20 13:04:14 The Thucydides Trap In The NFT Market: OpenSea Counterattacks And Starts A Fee War
The Thucydides Trap, proposed by Graham Allison, a professor at Harvard University, means that a newly rising power must challenge the existing power, and the existing power must respond to this threat so that war becomes inevitable. Now, the Thucydides trap has happened to the two giants of the NFT market, OpenSea, and Blur.
On February 15, Blur’s native token BLUR was launched for trading, and the transaction volume exceeded $1 billion in less than 24 hours. Perhaps taking advantage of this strong momentum, Blur began to confront OpenSea in a new chapter of the NFT royalty war.

On February 16, one day after the BLUR token was launched, Blur issued an official announcement announcing the update of the royalty policy, which straightforwardly recommends that users block OpenSea; as long as they do not use OpenSea, they can enjoy full royalties. Open / Comment

2023-02-14 17:17:35 Ethereum NFT sales climb 43% in January

Ethereum NFT sales for January amounted to $780.2 million — significantly up on the previous month but still 85% down year-on-year.
Total sales in January came to $780.2 million, which comprised 267.6k unique sellers and 257.6k unique buyers, the data aggregator platform showed.

For comparison, total sales in December 2022 amounted to $546.8 million — consisting of 203.8k unique sellers and 188.2k unique buyers.

The jump in month-over-month sales saw a 31% increase in unique sellers and a 37% increase in unique buyers — suggesting resurging interest in NFTs. However, it was noted January’s average sale price of $372 is down on December 2022’s average of $391. Open / Comment

2023-02-06 12:04:32 Japanese prime minister says DAOs and NFTs help support government’s ‘Cool Japan’ strategy
Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions.
Fumio Kishida, the prime minister of Japan, has come out in support of blockchain as a potential solution for technological issues facing the country.
“If you consider DAOs, people who are interested in the same social issues can form a new community,” said Kishida. “NFTs can also be used to diversify the income of creators and maintain highly loyal fans.” Open / Comment