Yuga Labs’ NFT Royalty Income Hits $107.8M in 2022
Yuga Labs‘ total royalty income from Otherdeed for Otherside, Bored Ape Yacht Club (BAYC), and Mutant Ape Yacht Club (MAYC) collections add up to $107.8 million, according to data shared by MilkRoadDaily.
OpenSea witnesses sale of 1.3 M Polygon NFTs in Dec 2022
OpenSea recently announced that the platform sold over 1.3 million Polygon NFTs in December 2022. The transactions amounted to over 15.3 million dollars from 116,000 active traders.
Rivermen: A Web3 Interpretation of the Qingming Shanghe Culture
Rivermen is a collection of 10,000 3D model NFTs released by the Penglai team on August 15, 2021. In contrast to other NFTs, the characters of Rivermen are all born out of the art masterpiece " Riverside scene at Qingming festival ".
NFTs Worth Over $23.7 Billion Were Minted on Ethereum in 2022
The Ethereum Network is the largest smart contract-enabled network, attracting huge decentralization applications (DApps) over the years. Non-fungible tokens (NFTs) are more prominent on Ethereum, with the blockchain playing host to top NFT projects, including CryptoPunks, Axie Infinity, Decentraland, etc.
Decentralizing Film Through NFTs: An Introduction to Shibuya
Shibuya is making great strides towards decentralizing film through Ethereum NFTs and breaking away from the traditional Hollywood machine.
Ripple and CEO Brad Garlinghouse’s Top 5 Crypto Wins of 2022
It’s been a challenging year for many in crypto, but for Ripple Labs and chief executive Brad Garlinghouse, 2022 has brought a number of successes.
Trump Digital Trading Cards Crater With Daily Sales Down 98% From Peak
Secondary market sales for the Trump Digital Trading Cards, which are minted on Ethereum scaling network Polygon, tallied just over $59,300 in total on Wednesday, per data from CryptoSlam. That’s a 98% drop from the peak sales day of over $3.5 million on December 17—and continues the steady slide in momentum and value for the NFTs.
Donald Trump’s NFT Collection Floor Price Drops 80% in 10 Days
Former U.S. President Donal Trump’s NFT collection, Trump Digital Trading Cards, lost 80% of its value as the floor fell to 0.16 Ethereum (ETH) from 0.84 ETH ten days ago.
“I Love The Art, Not The Money” - Donald Trump Praises His First NFT Collection
People in several works of life have released non-fungible tokens (NFTs) for many reasons ranging from investments, value, artistic expression, etc.
Yuga Labs Lawsuit Receives Counterclaim From NFT Artist
Yuga Labs, creators of the popular Bored Ape Yacht Club NFTs, received a counterclaim in an ongoing lawsuit against an artist and his business partner who allegedly forged “copycat” versions of their NFT collection.
Metagalaxy Land Embarks To Emerge as a Blockchain-Based Next-Gen MetaFi Universe
Metagalaxy Land is all decked up to transform itself into a next-generation blockchain-based and highly advanced MetaFi platform. Metagalaxy Land happens to be an NFT MetaFi project and is positioned on the BSC network. It also is a highly advanced blockchain-oriented metaverse exposure platform. Through this, various genres of users and players happen to actively engage together in work-based activities. They also find themselves in the position of achieving awards for themselves, all while exploring and finding new and fresh forms of artifacts.
Wash Trading in Ethereum’s NFT Marketplaces: An Overview
Wash trading is a form of market manipulation where an investor trades with themselves or other investors they control in order to create a false appearance of high demand for an asset or service.
DeGods and Y00ts NFTs are Bridging off Solana.
Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption. The news was announced on DeGods and y00ts Twitter page on Dec. 25, with both NFT projects expected to be officially bridged onto Ethereum and Polygon respectively in the first quarter of 2023. (Cointelegraph)
ThunderCore Partners with Double Protocol for NFT Rentals
Double Protocol, ThunderCore’s newest partner, is re-imagining the world of non-fungible tokens (NFTs) with its groundbreaking rental platform that lets people put their digital assets to use rather than idle in their wallets. Fully open-sourced and decentralized, the NFT rental protocol and marketplace specializes in assets for GameFi and the metaverse. ThunderCore is a high-performance, ultra-fast public blockchain with sub-second confirmation times and gas costs at a fraction of a cent. Double is a rental protocol for utility NFTs that lets owners of these digital assets put them to use in ways that would otherwise have never been possible.
Fidelity Plans NFT Marketplace and Financial Services in the Metaverse
$4.2 trillion asset management firm Fidelity Investments has filed trademark applications in the United States for a host of Web3 products and services, including a non-fungible token (NFT) marketplace and financial investment and crypto trading services in the metaverse. This is according to three trademark filings submitted to the United States Patent Trademark Office (USPTO) on Dec. 21, of which was also highlighted by licensed trademark attorney Mike Kondoudis in a Dec. 27 tweet. (Cointelegraph)
Fidelity To Bring Investment Services to Metaverse, Files NFT & Metaverse Trademarks
As part of its most recent expansion into the world of cryptocurrencies, Fidelity has taken the first step by submitting three trademark applications for the provision of services in the metaverse. According to the documents filed, the company also seeks to offer its conventional financial services in different virtual realities.
Fidelity To Bring Investment Services to Metaverse, Files NFT & Metaverse Trademarks
As part of its most recent expansion into the world of cryptocurrencies, Fidelity has taken the first step by submitting three trademark applications for the provision of services in the metaverse. According to the documents filed, the company also seeks to offer its conventional financial services in different virtual realities.
Mastercard and Polygon Partner to Create Personal NFT Debit Cards
Polygon has partnered with Mastercard and neo banking app hi to allow users to create a personalized, web3-focused NFT debit card.
Over $30B of NFT Trading Volume on Ethereum is Wash Trading, Research Suggests
It's no secret that wash trading – a form of market manipulation where the buyer and seller in a transaction are the same or collude together – continues to plague the non-fungible token (NFT) market. But a recent report compiled on blockchain data site Dune Analytics has revealed just how bad the problem has become.
The Art of the Drop: Trump NFTs May Prove the Utility of Utility
Donald Trump’s recent NFT drop was ridiculed. Bigly. But the former U.S. president seems to have had the last laugh and may have provided the digital asset community a valuable lesson if they can get past the snark.
