Bookmarking Crypto Insights
Auto Added by WPeMatico
A Cryptopunk NFT was recently sold for $11.8 million during an auction organized by Sotheby’s. The sale, which also featured works of other artists, was organized virtually. Sotheby’s anticipates strong demand for this kind of digital good in the future, even as NFT fever has somewhat subsided in recent weeks. Cryptopunk NFT Sold for Almost … Read more
The blockchain-based game developer is currently working on an open-world multiplayer game with playable NFTs. Go to Source Powered by WPeMatico
Guild of Guardians was developed by Stepico Games, a Ukraine-based game developer, and published by the Australian-based marketplace Immutable. Go to Source Powered by WPeMatico
“NFTs are dead,” said the previous owner of the COVID Alien artwork once the auction closed. Go to Source Powered by WPeMatico
One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction the digitally represented items on Binance’s non-fungible token (NFT) marketplace. Uganda … Read more
NFT sales and active wallets fell by more than 40% in the past month but new layer-2 infrastructure is preparing the sector for the next surge. Go to Source Powered by WPeMatico
The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was booed while speaking on stage. Mayweather’s speech wasn’t appreciated by members of the crowd because he didn’t discuss bitcoin much and toward the end, Mayweather said he believes another crypto will be “just as large as bitcoin … Read more
According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month. Protos.com Study Claims ‘NFT Bubble Has Popped’ Non-fungible … Read more
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s aggregate total-value locked (TVL) dropped to a … Read more
The sharp decline in NFT sales and wallet activity has some people proclaiming the death of the non-fungible token space. Go to Source Powered by WPeMatico
