Garan - The First Global Web3 Meditation Platform
Garan aims to provide a modern and immersive meditation experience for users around the world. By leveraging Web3 and blockchain technologies, Garan connects practitioners and devotees, helping to build positive relationships between them and fostering collective cultivation.
Crypto Morning Briefing: CryptoCom, Kucoin and Huobi List PEPE After Binance
Alibaba Says ‘Open Sesame’ to Web3; NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity; Terra Founder Do Kwon’s Extradition to South Korea Likely; Meme Coin Frenzy Continues as Binance Lists $FLOKI and $PEPE
Ethereum Had Over US$635 Mln in NFT Wash Trades in April, CryptoSlam Reveals
Over US$635 million of Ethereum non-fungible token sales in April were wash trades, which made up nearly 60% of all NFT trades on the blockchain for the month, according to new data from CryptoSlam,
Solana’s Fierce NFT Battle Deepens As Tensor Knocks Down Magic Eden For Top Spot
Non-fungible tokens (NFT) remain in the driving seat of the Solana (SOL) as the network continues its development amid tight competition with other smart contract blockchains.
Crypto Evening Briefing: Bitcoin's Dominance Rate Surges After U.S. Banking Crisis
The cryptocurrency's dominance rate, which measures Bitcoin's share of the total cryptocurrency market capitalization, has risen to over 50%, its highest level in months.
Solana Foundation Launches NFT Pitch Contest for Aspiring Creators
The Solana Foundation has launched a contest called "NFT Showdown," which invites creators to pitch their ideas for NFT profile-picture collections that offer "real-world utility" for various industries. The competition aims to encourage a shift in the way NFT brands design their business plans prior to launching, with the 10 winners receiving direct support from Solana, including extensive guidance from experts on achieving long-term success. Despite Ethereum's dominance in the NFT space, rival chains like Solana have been gaining ground. The submission window for the contest is set for early June.
Yuga Labs: From Nothing to The Disney of Web3 in 2 Years
From what started two years ago with boring ape JPEGs, Yuga Labs became an industry behemoth with 16 NFT collections in its portfolio. These collections are now responsible for 34.6% of all the trading volume in the NFT industry. This is a report about Yuga Labs, Bored Ape Yacht Club and the establishment of a true Web3 brand.
Crypto Morning Briefing: Flare integrates blockchain API on Google Cloud Marketplace
Amazon NFT Marketplace To Launch This Month; Sui Network Launches Long Awaited Mainnet; Symmetry Launches Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana
Argent X Launches "Starknet Xplorer" Campaign with Eight NFT Drops Over Eight Weeks
May 3 (Cointime) - Argent X, a browser wallet for the Starknet ecosystem, has announced the launch of a new campaign called "Starknet xplorer". The campaign will consist of eight NFT drops over the next eight weeks, and is designed to encourage early interaction with dapps.
Phantom Wallet Launches Simultaneous Support for Ethereum and Polygon Networks, Plans for Future NFT Sales
Self-custodial wallet Phantom has announced simultaneous support for Ethereum and Polygon networks on its mobile app and browser wallets, allowing users to access dApps across the Web3 landscape. The wallet also supports Solana and allows users to manage multiple accounts and assets across blockchains without switching wallets.
Crypto Morning Briefing: Justin Sun Issues Apology After Sui LaunchPool Clash With Binance CEO
Blur Marketplace Revolutionizes NFT Lending With New P2P Protocol Launch; a16z Crypto Urges the UK To Consider ‘More Nuanced’ Regulatory Framework; Bitget Crypto Exchange Still Hiring, Eyes Hong Kong License, To Rebrand BitKeep Wallet
From Musk's Dog to Binance.US Listing: A Comprehensive Examination of FLOKI Inu and Its Tokenomics
Binance.US has added FLOKI to its list of supported coins, which enables users to trade FLOKI against USD and USDT on the platform.
NFT Trading Volume and Prices Decline as Bear Market Continues
The prolonged bear market of 2022 and the first quarter of 2023 has led to a decline in trading volumes and prices of most non-fungible token (NFT) projects. Only six of the top 20 NFT collections by market capitalization recorded increased trading volumes over the last 30 days, while the remaining collections experienced a significant decrease.
Mad Lads Tops Weekly NFT Sales in First Week Since Launch
Mad Lads, a Solana-based non-fungible token collection (NFT), generated over US$16.86 million in secondary sales in its first week since launch, according to CryptoSlam data.
Most NFT Collections Experience Bearish Period as Interest in NFTs Declines
According to data from IntoTheBlock, only three out of the top 10 most valuable NFT collections by market capitalization are currently up in price in Ethereum over the past month. CRYPTOPUNKS, Azuki, and Autoglyphs are the three collections that have seen gains, while the vast majority of NFT collections are experiencing a bearish period.
Market Byte: Can Ordinals Unlock New Potential for Bitcoin?
Although ordinals are a recent development, they have already amassed over one million inscriptions within a mere four months, even during a bear market.
Bored Ape Creator Yuga Labs Dominates NFT Sales With 35% Share
Yuga Labs, the creator of the Bored Ape Yacht Club dominate the NFT market—and accounts for a nearly 35% share of all NFT trading volume over the last six months, according to a new report by DappRadar.
NFTs in Fashion: Disrupting the Industry with Virtual Wearables and Metaverse Fashion
As NFTs presented novel opportunities for engaging with customers, creating a sense of community, and generating revenue, it was inevitable that innovative applications of NFTs in the realm of luxury fashion would begin to appear.
NFT Sales Increase Nearly 8% Despite Crypto Market Volatility, Bored Ape Yacht Club Emerges as Top-Performing Collection
Despite the recent volatility in the crypto market, non-fungible token (NFT) sales have increased by nearly 8% over the past week, totaling $181.82 million. Ethereum-based NFT sales saw a slight drop of 1.75%, while Solana-based NFT sales surged by 88.19%.
BAYC Creator Yuga Labs Emerges Victorious In Copyright Case
Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFT collection, has won a pre-trial summary judgment in its trademark infringement case against Ryder Ripps and Jeremy Cahen. The RR/BAYC NFT collection contained identical copies of Bored Apes and used marketing material similar to that of BAYC. The court found that the duo utilized BAYC trademarks without Yuga Labs' consent, potentially causing confusion amongst buyers. The court ruled that Yuga Labs was entitled to an injunction and damages, which will be determined during a trial. Yuga Labs had initially asked for $200,000 in statutory damages, but this claim was dismissed. The BAYC creators described the judgment as a win for the entire Web3 industry.
