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With 68 million verified users and 8.8 million monthly active users as of Q2 2021, Coinbase’s entry to the NFT industry could provide competition for established marketplaces like OpenSea. Go to Source Powered by WPeMatico
In order to sustain the growth of NFTs, it is important that new buyers aren’t deterred from purchasing NFTs due to high gas fees. Go to Source Powered by WPeMatico
“This is basically the same as making a joke that you stole the Mona Lisa by taking a photograph of it,” said Twitter user Sergey Pshenichkin. Go to Source Powered by WPeMatico
“We believe that NFTs can significantly accelerate the development of women’s sports,” Sorare CEO Nicolas Julia told Cointelegraph. Go to Source Powered by WPeMatico
High-profile NFT sales have dominated the headlines, but the deeper analysis shows that most NFTs are worthless and that the market is highly illiquid. Go to Source Powered by WPeMatico
Sorare attained a $4.3 billion valuation with a Series B funding round led by the Tokyo-based holding company. Go to Source Powered by WPeMatico
Allegations of NFT insider trading have been confirmed by OpenSea, which issued a statement about its head of product lead. Go to Source Powered by WPeMatico
This week’s market-wide correction lead to a sharp decline in NFT sales as decreased demand for digital collectibles led to a drop in the floor price of most major projects. Go to Source Powered by WPeMatico
FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying to capitalize on the popularity of these instruments, which … Read more
OKEx is expanding its decentralized finance footprint with a DeFi Hub and a marketplace for creating and selling NFTs. Go to Source Powered by WPeMatico