BRIDGING THE PAST AND FUTURE: THE HISTORIC AUTOGLYPHS ACQUISITION AND ITS IMPACT ON DIGITAL ART
In a groundbreaking moment for the digital art world, an exclusive interview on NFTNOW on February 19 unveiled one of the most significant on-chain digital art transactions to date. A collection of 10 Autoglyphs, created by the innovative minds at Larva Labs in April 2019, found a new home for a staggering 5,000 ETH (approximately $14.536 million). This sale, facilitated by the crypto art brokerage platform Fountain, marks a pivotal moment in the evolution of art and technology.
What Is Sleepminting And Will It Ruin NFT Provenance?
Today, while browsing /r/ethereum, I stumbled upon an impersonation attack using NFTs called "sleepminting." I ended up taking a closer look as I wanted to understand the idea of the attack. Here's how it works.
Magic Eden launches “Mint to Earn” program to support Ethereum Launchpad project
NFT market Magic Eden has announced the launch of its "Mint to Earn" program to support Ethereum Launchpad projects. The first season of the program will begin at the end of February and will provide an exclusive Diamond token pool. After the first season, the information of selected Launchpad coiners for projects such as Planet Mojo, OSF, Ninja DAO, Okay Dogs, RENGA, and Chimpers will be analyzed and counted. Additionally, the second season will be launched on the Solana blockchain.
EtherRock 19 was traded at a price of 279 ETH, setting a record for the highest NFT transaction volume so far in 2024
According to official sources, EtherRock 19 has been sold for a price of 279 ETH, which is worth about $740,000, setting a record for the highest NFT transaction amount to date in 2024. The second highest NFT transaction amount is currently held by "Bored Ape Yacht Club" (BAYC) 1726, which was sold for 275 ETH.
Pudgy Penguins Series 2 physical toys are planned to be available on Walmart shelves this month and Target in March
NFT project "Pudgy Penguins" announced that its physical toy Series 2 is planned to be launched on Walmart this month, and on Target in March.
Pandora NFT sales exceed $80 million
The total sales of Pandora NFTs have exceeded $80 million, currently reaching $82,324,670 with over 5,000 sales transactions. In addition, Pandora currently ranks first in NFT sales volume in the past 24 hours, 7 days, and 30 days.
Nobody#889 was sold at a price of 19.52 WETH coins
According to data from OpenSea, 9gagceo.eth bought Nobody#889 for 19.52 WETH 20 minutes ago. According to OpenSea data, the current floor price for the Nobody series NFT is 0.69 ETH, with a total trading volume of 10,314 ETH.
ON–203: NFT Marketplaces
Although no business landscape in web3 is set in stone, the NFT trading volume war on Ethereum appears to be over for the moment with the outcome decided. The once-incumbent leader OpenSea currently sits at less than 17% of the NFT market’s USD volume on Ethereum ($122.5M in the most recent full week), while the NFT-flip-friendly disruptor Blur has amassed a consistent market share in the high 70s (79% most recently, aka $25.6M a week).
When it comes to NFTs, the Ethereum network leads the way with 72.3% market share in 2023
According to a report released by CoinGecko, in the field of NFTs, the Ethereum network leads with a market share of 72.3% and a trading volume of 8.54 billion US dollars in 2023. However, compared to 2022, Ethereum's market share has fallen below that of Bitcoin and Solana networks. Bitcoin is the second largest NFT blockchain, with a market share of 12.9% and a trading volume of 1.5 billion US dollars in 2023. After introducing Bitcoin's ordinal number, Bitcoin has become one of the largest blockchain for NFT transactions. Ethereum and Bitcoin dominate the NFT field, accounting for a total of 85.2% of NFT trading volume. Solana ranks third with a market share of 7.4%, followed by Immutable X (2.3%), Polygon (2.2%), BNB Chain (1.3%), Flow (0.8%), Arbitrum (0.4%), Avalanche (0.3%), and Ronin (0.2%).
Are NFT Games Gambling?
Non-fungible tokens (NFTs) and cryptocurrencies are based on the same blockchain technology and bar in-depth technicalities; that is where the similarities end. If you are looking to update yourself with trends of crypto gambling techniques, you won’t find them here as the approaches NFTs and cryptocurrencies take towards gambling are largely divergent.