While non-fungible token (NFT) sales witnessed a substantial increase in May, demonstrating significant progress, recent data indicates that NFT sales have soared by 39.35% within just the last week alone. Furthermore, sales figures for the trailing week demonstrate that the Bitcoin blockchain maintains its rank as second in weekly sales volume. Ethereum Dominates NFT Market with 60% Share, Bitcoin NFT Sales Capture 17% of Weekly Sales Volume The NFT sales for this week saw a 39.35% growth from last week, amounting to $202.22 million in global sales. The quantity of…
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LINK Price Suffers A Slight Decline – Will It Surpass The $8 Mark?
Chainlink (LINK) is rising after trading sideways on the daily candle and it’s trading at $7.77. Despite the current price drop, it has retained most of its gains in the year 2023. Currently, the general crypto market is also experiencing a slight retracement. However, the seven-day gains remain positive for the top 20 cryptocurrencies. LINK Price Prediction LINK has formed a red candle on the daily chart today. Despite the price pullback on the daily chart, it is still in an uptrend. LINK is still trading above its 50-day and…
Read MoreDookey Dash Key Nets Top Gamer a Cool 1000 ETH
In the latest news, esports star Mongraal has sold his Dookey Dash Key NFT for a whopping 1000 ETH, equivalent to $1.63 million in Ethereum. As announced by the gamer, the NFT was purchased by billionaire entrepreneur and Bored Ape collection member, Adam Weitsman after it was initially listed at 3,333 ETH, equivalent to $5.43 million. DOOKEY DEAL » DooKey Dash Champion @Mongraal Has Sold The Golden Key For 1000 ETH Or $1,625,000 USD To @Boredapeyc Member @AdamWeitsman Stay tuned for a full report! pic.twitter.com/MztGMF9Hd7 — The Bored Ape Gazette…
Read MoreCar makers, fashion giants and pet food brands seek Web3 trademarks as 2023 rolls on
The first two months of 2023 haven’t seen a slowdown in trademark filings, with recent filings covering automotive, clothing and fast-moving consumer goods. Source – cointelegraph.com
Read MoreNapster Shows its Resolve with Mint Songs Acquisition
Independent music streaming service, Napster, has acquired Mint Songs, a Web3 music startup, as part of its wider goal to roll out a Web3 feature. This is according to an official statement released on February 15. As part of the deal, Mint Songs’ product lead Nate Pham will join Napster to lead its Web3 product initiatives. Launched in 2021, Mint Songs is a music startup that runs an NFT marketplace that helps music artists build Web3 communities by minting songs and exclusive art for their fans to own and trade.…
Read MoreOpenSea Offers a Swift Response to Hardline Tactics from Blur
A few days after Blur promised to reward NFT creators that block their collections from trading on OpenSea, the leading NFT marketplace has hit back by dropping its platform and creator royalty fees. OpenSea made the announcement via a Twitter thread that explains the circumstances that led to their current position. We’re making some big changes today: 1) OpenSea fee → 0% for a limited time 2) Moving to optional creator earnings (0.5% min) for all collections without on-chain enforcement (old & new) 3) Marketplaces with the same policies will…
Read MoreFighter Era Odyssey Gets Ready to Unleash the FEOVERSE
Fighter Era Odyssey (FEO) is gearing up to launch the ‘FEOVERSE,’ where top ‘King of Fighters (KoF)’ characters will battle it out with versions of themselves in alternate universes. Since these players possess the same powers, it will take something special to beat the opponent and advance to the next round. With this in mind, FEO has come up with an ingenious way to get ahead in the game. As such, the platform will launch NFTs that give characters an edge, thus helping them absorb their opponents’ powers and standing…
Read MoreGQ Magazine Steps In with a Utility Driven NFT Art Project
GQ, the New York-based men’s magazine, is launching an NFT collection that will offer its fans various perks. Holders of these NFTs will have access to magazine subscriptions, merchandise, and live events. To bring the collection to life, GQ Magazine tapped into the expertise of four renowned artists: REO, Chuck Anderson, Sewath Attafuah, and Kelsey Niziolek. The company challenged the quartet to use its motto, “Change Is Good,” as a guide in generating the digital art that would later form the collection. The end result was that each artist came…
Read MoreSavespecies Teams with WWF to Help Clean Up the Oceans
The WWF Deutschland and Savespecies have joined forces to launch “SaveYour.World,” an innovative metaverse platform that uses the power of Polygon to deal with the growing problem of plastic waste in the oceans. Through the “play to donate” concept with Trash NFTs, the WWF Deutschland is hoping to create a new way to raise awareness about the ocean’s plastic pollution problem. It is estimated that 8 million metric tons of plastic enter the ocean each year, and by 2025, the amount of plastic entering the ocean will double. SaveYour.World offers…
Read MorePlanet IX Sends Polygon NFT Transactions Skyrocketing
Late last year, Planet IX, the free-to-play and play-to-earn metaverse, unveiled the next step in its evolution with the launch of Mission Control. This exciting new feature became the center of the Planet IX experience, offering players a streamlined way to manage their assets and carry out various in-game tasks. Now however, its success has come with a drawback, it has slowed down the entire Polygon chain. Planet IX started as an NFT-based strategy game where the goal was to bring a fallen planet back to its green-blue glory and…
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