Animoca Brands Japan, a subsidiary of the renownedAnimoca Brands, has announced plans to establish an NFT launchpad scheduled for release this summer. This initiative aims to facilitate the global expansion of Japanese IP and content creators in web3 by leveraging Animoca Brands’ extensive...
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7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some...
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LA Flips Its Final NFT-Themed Burger Out of Bored and Hungry A famous Long Beach, California restaurant known for fusing NFT culture with delicious food, Bored & Hungry LA, has announced its closing, bringing a bittersweet moment to both burger lovers and fans of the NFT. After a fruitful...
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Inner Circle Party Hosts Forbes Web3In partnership with Magic Eden, Steady Stack, and DeGods, ForbesWeb3 is further broadening its horizons in theWeb3 communityby presenting a community-focused event at NFTNYC this year. The Inner Circle Party offers an evening where attendees can enjoy...
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Users have been prompted to withdraw Bitcoin NFTs from Binance by May 18. Binance (Nikhilesh De/CoinDesk) Trading volume for NFTs is at multi-year lows. Bitcoin NFTs caused widespread network congestion in December. Binance users will not be eligible for future Bitcoin NFT airdrops....
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The world ofNFTs(Non-Fungible Tokens) has exploded in recent months, with established companies from various industries dipping their toes into this new digital frontier. From Adidas releasing virtual sneakers to Taco Bell auctioning off digital taco GIFs, the NFT landscape is becoming...
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Move over Bored Apes. Thanks to a contract with Walmart to sell stuffed toy versions of its cute aquatic birds, The Igloo Co is home to the world’s hottest NFT collection. Aisle 17 of the Walmart Supercenter in North Bergen, New Jersey is devoted to children’s toys and games, and the...
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UAE analysts examine relevance, profitability of NFTs after sales peaked in 2021. NFTs have seen incredible returns on investment, with rare and sought-after pieces of digital art being sold for big profits. he reality, however, is many NFTs stay unprofitable. Image Credit: AFP Dubai: Global...
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NFTs, or non-fungible tokens, captured the investing world’s fancy over the past few years, as high-profile sales of digital art and other digital collectibles such as CryptoPunks soared in popularity and price. In total, $26.3 billion inNFTswere sold in 2022, according to CoinGecko, though...
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Over the years, NFT versions of iconic internet memes have netted their creators millions of dollars. Here's the ranking. Last Monday, an on-chain photo of a puppy in a knit beanie sold for slightly more than$4.3 million. While such a statement might sound absurd—and this might not make a...
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