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US Regulator Launches Probe Into NFT Sales
3.3.2022
The US Securities and Exchange Commission (SEC) is applying additional scrutiny to creators of non-fungible tokens (NFTs) and NFT marketplaces to find out if some of the assets are sold in violation of the agency’s rules on securities offerings....
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Monthly NFT buyers dip below 800K as searches ‘fall off a cliff’
3.3.2022
There were 796,009 NFT buyers on secondary markets in Feb, accounting for roughly $2.6 billion worth of sales. The figures mark significant declines compared to the record month before
True Tickets powers blockchain-based Broadway tickets sales
2.3.2022
The global events industry is a $800 billion market, and True Tickets CEO argues that on-chain tickets are the key to its growth
Skate Punks Club NFT Sales – March 4 and 5, 2022
2.3.2022
PRESS RELEASE. Skatepunks is a collection of 10,000 unique characters designed and minted as NFTs. Created out of love for SK8 and street-art culture assembled from hand-drawn parts such as jacket hoodies, skateboards, various metal outfits, awesome backpacks, tin faces, rare sneakers, digital...
Dapper Hires 2 Execs as NFL NFT Marketplace Debuts to $5M in Sales
28.2.2022
The NFL All Day maker is adding an SVP of engineering from Dropbox and a CFO from Recharge Payments as the company’s football marketplace goes live
Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’
28.2.2022
The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept...
Rakuten Introduces Rakuten NFT as Sales Platform for NFTs
28.2.2022
Rakuten NFT is a leading online service allowing a marketplace for users to buy and sell NFTs in a variety of areas such as sports, including music and anime. It also includes a one-of-a-kind platform that allows IP holders to create their own website for issuing and selling NFTs. During purchases...
Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days
25.2.2022
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales...
Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO
23.2.2022
On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active...
Square Enix Is Impossible To Please
22.2.2022
The Guardians of the Galaxy have a new foe: lofty publisher expectations. The interstellar misfit band’s latest outing, Marvel’s Guardians of the Galaxy, underperformed unstated sales targets, according to a recent financial filing from publisher Square Enix.Read more
Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales
20.2.2022
This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time...
Webbland Metaverse Sales Jump 126% as 2 Penthouses Sell for Six-Figures
20.2.2022
While blockchain virtual worlds have seen significant demand during the last few months, an “interoperable pixel metaverse” project called Webbland has seen weekly NFT sales spike by 126.24%. The project recorded over $3.6 million in sales over the last seven days, and two Webbland...
As Virtual Real Estate Gets Pricey Terrazero Technologies Provides Metaverse Mortgages
19.2.2022
While the metaverse has become very popular, virtual land sales have seen significant demand in recent times. Virtual real estate has become expensive, in comparison to the prices 12 months ago, and virtual parcels stemming from a couple of blockchain metaverse projects have sold for seven figures....
Ertha Metaverse Sells Rome NFT for Record $120k
17.2.2022
Ertha Metaverse looks unstoppable on its path to becoming the industry’s top metaverse. The project is already recognized as having one of the most searched-for tokens in GameFi and at the time of writing, holds a fully diluted market cap in excess of $380 million. Today its developers have...
Polkastarter Announces NFT Land Sales in Collaboration with Cryptoverse
17.2.2022
After Meta’s announcement in late 2021, the whole crypto gaming and Metaverse industry exploded. Virtual land-based projects garnered much interest. It’s incredible what you can do with a piece of digital real estate – you can hold events, design it, or rent it out. People have...
NFT Sales Nosedive This Week as Volume Drops Close to 30%
16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...
YouTube sees ‘incredible potential’ in NFT video sales despite backlash threat
11.2.2022
“There’s a lot to consider in making sure we approach these new technologies responsibly, but we think there’s incredible potential as well,” said YouTube Chief Product Officer Neal Mohan
Puerto Rican Treasury Department Aims to Tax NFT Sales
10.2.2022
The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also...
Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores
10.2.2022
Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca...
Opensea’s All-Time NFT Sales Volume Crosses $20 Billion
9.2.2022
Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales...