Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape

Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT LandscapeThe largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with a minimum of 0.5% for all […]

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Moonpay and Looksrare Partner to Bring Convenient NFT Purchasing to the Masses

On Thursday, the fiat-to-crypto onramp business Moonpay announced a multi-year partnership with the non-fungible token (NFT) marketplace Looksrare. According to the deal, Looksrare will allow marketplace users to buy and sell crypto assets through Moonpay’s services. Moonpay and Looksrare Join Forces to Streamline NFT Transactions Moonpay, the fiat-to-crypto service founded in 2019, revealed that it […]

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Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea

Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader OpenseaBlur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of the market share. Blur NFT Marketplace Captures 30% of […]

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The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time SalesWhile non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market platform currently dominates the top five […]

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Twitter Reveals ‘NFT Tweet Tiles’ in Order to ‘Impact’ the Social Media Experience

According to the social media company Twitter, the firm plans to launch a new feature called “NFT Tweet Tiles,” a segregated panel within a tweet that showcases non-fungible tokens (NFTs) and the marketplaces that list the specific NFT shared. The new NFT concept is expected to drop soon, in order to “impact the Tweet experience,” […]

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World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support

World's Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 SupportThe largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s new homepage. Moreover, the company also announced on Tuesday that the NFT marketplace will soon support the layer […]

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NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%

On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an open source Web3 marketplace protocol. Opensea says the Seaport protocol migration from the Wyvern protocol will cut network fees by 35%, and users will no longer have to pay an account initialization fee. Opensea […]

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Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

Cumulative NFT Sales Among 18 Blockchain Networks Surpasses $36 BillionStatistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%. While Ronin commands the second-largest amount of NFT sales, NFTs from the […]

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The Floor Value of Bored Ape Yacht Club’s NFT Collection Taps 152 ETH

The Floor Value of Bored Ape Yacht Club's NFT Collection Taps 152 ETHThe non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) has seen its floor value jump to 152 ether ($430K) for the cheapest Bored Ape NFT. Since September 1, 2021, the floor value of the BAYC NFT collection jumped from 25 ether ($70K) to today’s 152 ether, climbing more than 500% in value over the […]

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Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales

Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT SalesThis week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time sales. The Sky Mavis Crafted Blockchain Game Axie Infinity Records More Than […]

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