2023 Underground Art Market Report
Himalay Patel Journalist Posted: December 11, 2023 Share this article Pudgy Penguins witnessed a surge in interest as they were deployed on zkSync. Interest in Yuga Labs NFTs also surged, however, APE’s price fell. The NFT market went through some hard times at the beginning …
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Why Are NFTs Bad? This pressing question underscores today’s heated discussions around Non-Fungible Tokens (NFTs). Despite the buzz, many investors are left grappling with unsellable NFTs, questioning their value and security. This article cuts through the noise to examine the critical issues and legal challenges …
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NFT toys startup Pudgy Penguins has set its sights on joining the virtual gaming industry with the Webkinz-like experience, a game the creators have named “Pudgy World.” Pudgy World Alpha, powered by @zksync, releasing Q1 of 2024. The beginning of a new era of blockchain-backed …
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Introduction The year 2023 marked a period of recalibration for Non-Fungible Tokens (NFTs) following the monumental hype they garnered in the previous years. – Advertisement – As the dust settled, the focus shifted from mere speculation to a more grounded assessment of value and utility. …
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A recent report from Binance Research reveals a remarkable surge in the total cryptocurrency market capitalization, which has climbed by about 110% year-to-date, adding over $870 billion in capital, with a notable 55% increase observed in Q4 alone. This growth follows a period of stagnation …
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Pudgy Penguins, the Ethereum NFT profile picture (PFP) collection first launched in July 2021, has unveiled a trailer at Art Basel in Miami for its 3D browser game experience, dubbed Pudgy World, which is slated to launch in alpha sometime in 2024. After controversy surrounding …
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Move over, Club Penguin. Pudgy Penguins, the NFT-linked toys that waddled into Walmart earlier this year, are marching into a new industry: online gaming. They’ll be chilling in “Pudgy World” – an interactive digital playground for Pudgy Penguins NFT holders and toy owners as well …
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Source: AdobeStock / Aleksandra Sova Solana (SOL) continues to experience upward momentum, with its non-fungible tokens (NFTs) witnessing considerably higher trading volume, surpassing even that of Ethereum. Projects like Mad Lads and Tensorians have seen significant price increases, multiplying several times over in recent weeks. Moreover, …
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Video game publisher Ubisoft (NASDAQ: UBSFF) has signaled a re-entry into non-fungible tokens (NFTs) following a new partnership with Immutable, a blockchain-based game developer. According to a report by PC Gamer, Ubisoft’s new deal with Immutable will see an integration of NFTs in a “full-fledged …
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Bitcoin TVL hits $315 million. BTC NFT volume retains its spot among top NFT networks. Recent data showed a significant historical increase in Bitcoin’s [BTC] Total Value Locked (TVL). This was despite the network not being a traditional Decentralized Finance (DeFi) platform. Additionally, there has …
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