2023 Underground Art Market Report
Despite banning NFTs within popular sandbox title Minecraft in July 2022, developers Mojang and publishers Microsoft have given the green light to an integration from Worldcoin, a biometric cryptocurrency project headed by OpenAI chief executive Sam Altman. The integration allows owners of Minecraft servers to …
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Following the introduction of their Polygon-based loyalty programme in December 2022, Starbucks Korea have announced that they will start issuing NFTs on Polygon in January 2024, as part of their drive to incentivise customers to use reusable cups. Customers can accumulate “eco-stamps” by purchasing eligible …
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More than a year after its launch, Yuga Labs’s project Otherside still dominates metaverse land sales. Otherside consists of parcels of virtual land called “Otherdeeds,” as well as creators that reside on it called Kodas. When Otherside first launched in May 1, 2022, it sold …
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Even amid a market rebound of sorts, it’s been a weird, messy year for NFTs. With falling demand and sinking prices, we saw big brands release terrible-looking collectibles, well-funded startups collapse out of nowhere, and notable projects crumble under the weight of regulatory enforcement. And …
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The art NFT market has experienced significant growth in recent years, with a global sales of USD 11.1 billion in 2021. Despite a decline in 2022, the market still surpasses pre-pandemic levels and is predicted to reach USD 13.6 billion by 2027. The number of …
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The NFT market on the Bitcoin blockchain has seen remarkable growth over the past week. The numbers speak for themselves. Sales total about $425.63 million. This burgeoning market is displaying an interesting dynamic, even surpassing Ethereum’s NFT sales. Bitcoin NFTs: An Impressive Sales Rate Over …
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Non-fungible tokens (NFTs) are one of the emerging technologies that took 2020 and 2021 by storm. Over those two years, the NFT market rose to over $11 billion, with February 2022 seeing over 400,000 users per week across sites like OpenSea and Mints. As the industry …
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NFT Market Update: Digital Collectible Sales Slide 12.26% Lower Than Last Week As NFT sales began climbing once more with Bitcoin surging to the forefront since early November, this week witnessed a 12.26% dip in sales, according to figures from cryptoslam.io. Conversely, the count of …
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Animated series Bitcoin & Friends have announced that their debut episode will air on YouTube on January 3rd, 18 GMT. Each episode will feature an array of hidden seed phrases, which beady-eyed viewers can use to gain access to prize wallets holding NFT prizes totalling …
Read MoreDec 23, 6:01 pm Decrypt Minecraft, Despite a Ban on NFTs and Cryptocurrencies, Allows Worldcoin’s World ID Integration Minecraft, known for its resistance to cryptocurrency and NFT integrations, surprised many by announcing an integration with Worldcoin. Worldcoin’s integration uses its World ID credential for user …
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