2023 Underground Art Market Report
The volume for Ethereum NFTs started to go up in mid-October 2023. ETH was up by 2% in the last 24 hours, and metrics remained bullish. After the NFT summer a few quarters ago, the ecosystem at large somewhat cooled down. Ethereum [ETH], which has …
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Non-fungible tokens (NFTs) are a fleeting trend and a gateway for creators to unlock an array of special features. This vision transcends the initial euphoria around NFTs as only digital collectibles. Consequently, steering towards a horizon where functionality and utility reign supreme. This evolution in …
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Nike-RTFKT’s NFT Universe Hits $1.4B in Trading Volume Total 0 Share
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Cross-chain non-fungible token (NFT) platform Magic Eden has partnered with Bored Ape Yacht Club (BAYC) creator Yuga Labs to launch a new Ethereum marketplace, according to a press release on Nov. 4. The new marketplace—to be launched by the end of 2023—will focus on royalties …
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Source: AdobeStock / Mininyx Doodle The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month. According to data released by crypto data firm DappRadar, NFT trading volume surged by $99 …
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Multi-chain NFT marketplace Magic Eden announced Saturday that it will launch a new Ethereum platform by the end of the year in collaboration with Bored Ape Yacht Club creator Yuga Labs—with a firm commitment to honor creator royalties on NFT sales. The companies said in …
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Nonfungible token (NFT) marketplace OpenSea made an announcement on Friday that it was reducing its workforce. The co-founder and CEO, Devin Finzer, conveyed this news on X (formerly Twitter), revealing the company’s plan to launch OpenSea 2.0 with a more compact team. A company representative …
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Non-fungible token (NFT) platform OpenSea has pared back its operating staff as digital art collectibles remain in the doldrums, the company’s CEO Devin Finzer tweeted Friday. The sweeping layoffs may have affected as much as 50% of OpenSea’s staff, crypto news outlet Decrypt reported earlier …
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Crypto’s JPEG market is showing signs of life—despite mass layoffs at prominent marketplace OpenSea on Friday—as NFT trading volume grew by $99 million in October compared to the month before, according to a report released by crypto data firm DappRadar. “The yearlong downward trend in …
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