2023 Underground Art Market Report
Blockchain technology inaugurates a novel age in digital ownership and authenticity, with non-fungible tokens (NFTs) taking center stage. Initially popularized by projects like Cryptokitties, NFTs have transcended the realm of digital art and collectibles to significantly impact the gaming industry, including the domain of online …
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NFT sales in November marked a threefold increase from October. The buying pressure trumped selling pressure in the last two months. The worst of the Non-fungible Token [NFT] market might be behind us, as November witnessed a dramatic surge in sales volume after months of …
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Too Long; Didn’t Read Bitcoin, the oldest and largest cryptocurrency, has also developed its own way of storing and transferring digital art on its network. This is done through a protocol called Ordinals, which allows users to embed data, such as images or text, onto …
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Square Enix’s first blockchain game project, Symbiogenesis, has released its first batch of Ethereum NFT heroes—and the characters’ names are undeniably curious, to say the least. But they’re selling. Someone dropped over $1,200 worth of ETH for an NFT character named “Egg,” while another spent …
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Rising tides lift all ships—apparently even those of the battered, beleaguered, and oft-eulogized NFT market. As top altcoins including Ethereum and Solana continue to steadily pump, largely on the winds of Bitcoin’s tremendously persistent, now weeks-long price rally, NFT collections associated with those blockchain networks …
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In a year marked by a massive recovery run in the broader crypto market, the non-fungible tokens (NFTs) sector has displayed a contrasting performance. While industry leaders like OpenSea have historically dominated the NFT space, relatively newer players, such as the Blur NFT marketplace, have …
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Vacabee Announces Exclusive Presence at Art Basel Week Miami 2023’s Nolcha Event FREE Breaking News Alerts from StreetInsider.com! StreetInsider.com Top Tickers, 12/7/2023 December 4, 2023 11:45 AM EST Vacabee is poised to present its revolutionized NFTs at the Art Week Miami 2023, offering immediate tangible …
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A new research report from Binance highlights that the NFT market experienced an upswing in November, marking a turnaround from its year-long downturn with a sales volume of $0.91 billion. These numbers highlight a 200% month-over-month increase, the most substantial growth seen in 2023 so …
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Barry Silbert’s Digital Currency Group announced last week that it sold its crypto news subsidiary CoinDesk to the crypto exchange Bullish. Silbert said in a tweet that the sale made CoinDesk, which DCG bought for $500,000 in 2016, “one of our best investments of all …
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When TinyTap introduced the concept of Publisher NFTs, it aimed to use it to support content creators in the line of education and publishing. Animoca Brands announced that Season 2 of its Publisher NFTs surpassed all expectations, having already sold out. It shared this in …
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