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While non-fungible token (NFT) sales may not carry the same heat they once did, the NFT arena has still tallied $71.55 billion in lifetime sales since 2017. Metrics also reveal that 64.78% of those sales came from Ethereum-based NFTs. Digital Collectibles Still Command Sales Volume, but the Sector Is Morphing During the 2017 bull run, … Read more
Non-fungible token (NFT) sales saw an increase in July, jumping 50.14% higher than sales recorded in June. Despite the rise, NFT sales in July 2025 were still 35.02% lower than the numbers recorded at the end of 2024. From Bust to Bump: NFT Market Sees 50% Lift, but Is It Too Little, Too Late? This … Read more
A proposed exchange-traded fund (ETF) combining Pudgy Penguins’ PENGU token and its non-fungible tokens (NFTs) has progressed to formal review by the U.S. Securities and Exchange Commission (SEC), according to a new report by Animoca Brands Research. Animoca Highlights Pudgy Penguins’ Path: IP Boom to ETF Filing Animoca researchers note that the hybrid product, filed … Read more
Opensea has announced its acquisition of Rally, a move that aims to enhance its mobile and token trading capabilities. Chris Maddern, the new Chief Technology Officer of Opensea, expressed excitement about the acquisition, highlighting that the Rally team brings valuable expertise to the company. The integration of Rally is expected to supercharge a new mobile … Read more
Momint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was recognized as the country’s first NFT marketplace supporting local currency transactions and gained attention with significant NFT sales. The company raised $2.1 million in seed … Read more
Adidas will provide exclusive digital apparel and content for the new mobile game FIFA Rivals under a multi-year agreement. Exclusive Adidas Content Launches With FIFA Rivals on June 12 The partnership coincides with the global launch of FIFA Rivals on iOS and Android on June 12. Developed by Mythical Games in partnership with FIFA, the … Read more
Yuga Labs, creator of the Bored Ape Yacht Club, has proposed terminating the decentralized Apecoin DAO and transferring its assets to a new entity called Apeco to accelerate ecosystem growth. Apecoin DAO to Dissolve Under Yuga Labs Proposal Yuga Labs CEO Greg Solano has formally proposed sunsetting the Apecoin Decentralized Autonomous Organization (DAO), calling it … Read more
Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in May NFT sales maintained their downward trajectory in May, with monthly figures falling short by $127.9 million compared to the prior month. Although the number of … Read more
The Infinite Node Foundation (NODE), a nonprofit focused on conserving digital art, has acquired full intellectual property rights to the iconic Cryptopunks collection from Yuga Labs, securing long-term stewardship for the pioneering non-fungible tokens (NFTs). New Era for Cryptopunks as Infinite Node Foundation Secures Full IP Rights Founded in 2017 by Larva Labs, Cryptopunks revolutionized … Read more
Uniswap is now live on Soneium, Sony’s entertainment-focused Layer 2 platform, allowing users to swap, provide liquidity, and bridge across networks. This integration supports seamless value exchange for various digital assets, including collectibles and tokenized intellectual property. Launched in January 2025, Soneium aims to protect intellectual property and onboard new users to onchain experiences, with … Read more