Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis
Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity. Go to Source Powered by WPeMatico
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AFL’s first limited-edition NFT drop sells out in under 12 hours
The limited edition digital packs came at a retail price of 34.39 USDC each, raising over $130,000 after it sold out in the first drop. Go to Source Powered by WPeMatico
Function over fun? Analyst says P2E games don’t need to be ‘fun’ to retain users
Play-to-earn games struggle to retain users, which is exactly why one analyst says they need to focus on function over fun. Go to Source Powered by WPeMatico
‘Durmientes’ Aims to Be One of the First Films Funded Fully With NFT Sales in Latam
“Durmientes,” a new movie that will be directed by Gibran Bazan, a Mexican filmmaker, aims to be funded fully by the sale of a series of non-fungible tokens (NFTs). The NFTs, which will be sold on Metaown, a Mexico-based NFT marketplace, and designed by artist Gabriel Colin, will feature 3D models that will be connected … Read more
19 celebrities called out by consumer watchdog group for shilling NFTs
Consumer watchdog group Truth in Advertising says celebrities promoting non-fungible tokens (NFTs) on their social media channels is an area “rife with deception.” Go to Source Powered by WPeMatico
Officially-Licensed NFT Platform OWNIC to Revolutionize Collectible Sports Cards With Dynamic NFTs
Do you have a talent for picking winners? Do you follow athletes’ careers and know who is gonna be successful? So why not benefit from that?! Upcoming NFT Platform OWNIC empowers sports fans to earn from the real world performance of the stars they pick using dynamic NFTs. It introduces a number of revolutionary concepts … Read more
EU Parliament’s Rapporteur on MiCA Crypto Law Stefan Berger Sells Pair of Slides as NFT
“Freedom in a wallet” is how Member of European Parliament Stefan Berger describes the non-fungible token (NFT) he is now selling on Opensea. The NFT represents a pair of ‘Bergoletten’ slides. Shoes symbolize the first step in every development, says Berger who invested efforts in making sure Europe’s upcoming crypto legislation gets the backing of … Read more
Weekly NFT Sales Show Improvement, Fantom and Immutable X NFT Volume Spikes
Non-fungible token (NFT) sales managed to climb higher during the last seven days than the previous week’s overall sales. This week’s NFT sales managed to jump over 6.3% after recording more than $153 million in sales compared to last week’s $144 million. Non-Fungible Token Sales This Week Climb More Than 6% Higher, 2 NFT Collections … Read more
Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode
After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode. The team also introduced non-fungible token (NFT) runes and charms that can be minted on … Read more
NFTs and intellectual property, explained
When you buy a nonfungible token, do you automatically get intellectual property rights? Well… it’s complicated. Go to Source Powered by WPeMatico
