Coinbase Clarifies Drops Halt, Says NFT Marketplace Will Operate As Usual
Coinbase has published a tweet through its official Twitter handle to clarify an issue that has been circulating within the community. According to the clarification, Coinbase is merely pausing Creator Drops for a while to focus on other features and tools. This does not mean that the platform is shutting down the NFT marketplace.
Dapp Industry Report 2022
What a year it has been! 2022 will always be mentioned as a milestone when looking back at the growth of Web3 and the dapp industry. 2023 will be even more exciting!
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in the past month. (Bitcoin.com)
OpenSea's Polygon NFT Sales Top Ethereum for Second Straight Month
More individual NFTs were sold on Polygon than Ethereum via the leading overall marketplace OpenSea for the second consecutive month, according to public blockchain data curated via a Dune dashboard. In January, OpenSea handled over 1.5 million NFTs sales on Ethereum sidechain Polygon, while Ethereum’s own mainnet tallied a little over 1.1 million sales via the same marketplace. That continues the trend from December when 1.3 million NFTs were sold on Polygon through OpenSea compared to just under 1 million Ethereum NFTs. (Decrypt)
Fungify Raises $6M to Build New NFT Lending Primitive
Fungify DAO has announced the completion of its funding round.
Cool Cats Are Going Multi-Chain—And Adding Customizable NFTs
Cool Cats was one of the hottest profile picture projects to come out of the late 2021 NFT market boom, but prices declined sharply last year as collectors’ gripes piled up. Today the founders behind the project unveiled a new path forward with refreshed branding—and future expansion beyond Ethereum with customizable, full-body avatars.
NFT Sales Jump 38% in January as Bored Apes Drive Trading Surge
Recent signs of life in the NFT space ultimately yielded a significant jump in market activity in January, as organic trading volume grew 38% from December, per data from DappRadar.
Coinbase NFT Pauses New Collection Drops, Denies Shuttering Marketplace
In the wake of a rumored shutdown, Coinbase NFT, the non-fungible token (NFT) platform of crypto exchange Coinbase, said Wednesday that it is pausing “creator Drops” to focus its efforts on other facets of its marketplace.
Hollywood Agency UTA Signs the Hundreds, Adam Bomb Squad Co-Creator Bobby Kim
Top Hollywood and web3 talent representative United Talent Agency has signed Bobby Kim, co-creator of the popular NFT collection Adam Bomb Squad.
