Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad
Non-fungible token (NFT) marketplace Magic Eden said Thursday it’s rolling out a creator launchpad for Ordinals, helping creators successfully inscribe their Bitcoin-based NFT collections.
Futuristic Business-Art Atmosphere Awaits You at #NFTSE 2023
From July 14th to 15th 2023, the Spanish city of Valencia will host the second edition of NFT Show Europe, one of the world leading events on web3, Blockchain, Metaverse, Virtual Reality and Digital Art. An international meeting point for experts to share their insights on the next era of the internet in a futuristic business-art atmosphere.
SuperWeb3 Entrepreneur Demo Day on April 6th
SuperWeb3 hosted the 6th Online Demo Day on April 6th, 2023 on ZOOM. There were 11 Web3 start-ups from around the world and 107 Web3 investors registered for the event. The start-ups are building products in GameFi, Infrastructure, Metaverse, NFT and Utility. All 11 start-ups showcased their innovative products to potential investors.
State Compression Brings Down Cost of Minting 1 Million NFTs on Solana to ~$110
State compression is already being used by teams across the Solana ecosystem to power large, user-friendly experiences.
Over 75% of Crypto Holders Have NFTs
According to a recent survey by Coin Gecko, 75.8% of respondents said they owned non-fungible tokens (NFTs), while 21.7% had never owned them before. The study included 438 respondents and did not explore the reasoning behind their decisions. The survey did explore the size of investors' NFT portfolios, with 26.5% of those who owned NFTs being keen collectors who own more than 50 NFTs. Only 48% of participants in another Coin Gecko survey wanted more regulatory oversight in the NFT sphere, with 18.7% definitely confident they wanted it. The majority of participants who agreed that the NFT space needed more regulations were those who did not have a strong opinion.
Dynamic NFTs: A New Era of Tokenization
Unlike their static counterparts, dynamic NFTs have the ability to undergo alterations, updates and modifications based on certain conditions and triggers. In turn, this makes them more interactive, engaging and adaptive.
NFT Project Pledges To Burn 2 Billion Shiba Inu
Cult Punks, the first NFT collection on the Modulus network, has pledged to buy back and burn Shiba Inu (SHIB) tokens with 2% of the funds realized from selling its NFTs. The project has also promised to dedicate 1% of the raise to support Shiba Inu leader Shytoshi Kusama’s women empowerment fund. Additionally, the Cult Punks team has promised to whitelist all addresses holding Shiba Inu-themed NFTs ahead of the Cult Punks mint event. If the collection is sold off at the whitelist price, 1% of the total sales will go into the women’s empowerment fund, while 2% will be used to buy back and burn SHIB tokens. If these funds are used to buy back SHIB, they will amount to 2.25 billion tokens.
OpenSea Unveils Zero-Fee Pro Marketplace With Enhanced Features
OpenSea has launched an NFT marketplace with zero fees called OpenSea Pro, previously known as Gem v2. The platform enables collectors to leverage its functionality to discover deals and insights across 170 marketplaces. OpenSea Pro has been built on the ground that was designed by Gem, which OpenSea acquired in April 2022. OpenSea Pro comes loaded with advanced features, including live cross-marketplace data, advanced order, powerful inventory management, and a compilation of the best prices for NFT collections across different marketplaces. The mobile application of OpenSea Pro enables users to browse the platform from any place in the world at any time. The listing currently attracts a 0% fee for a limited period of time, and as OpenSea Pro progresses, it will look to onboard a million users and integrate several other payment methods while investing more in the creator tools.
Reddit Deploys Gen 3 NFT Avatar Contracts on Polygon
Reddit has deployed the third generation of its blockchain-based digital collectibles, called "Reddit Avatars," on the Polygon blockchain. The avatars were first introduced in July 2022 to empower artists to create and sell their work, and whenever users purchase a collectible, it can also be set as an avatar on Reddit's website. The avatars were made available in August 2022, generating thousands of dollars in sales for the artists. The deployment of Gen 3 on the Polygon blockchain has garnered excitement and praise from the community, with some predicting that the avatars would sell out in minutes. Reddit's NFTs have witnessed a surge in trading volume, with the collection reaching a new all-time high in terms of trade volume in October 2022.
OpenSea Collector Fat Fingers a 100 ETH Bid for a Free NFT
A nonfungible token (NFT) trader has seemingly fat-fingered a trade for a free NFT, buying it for 100 Ether (ETH), currently valued at $191,239, representing a 250,000% increase on the floor price of 0.04 ETH.
