2023 State of Crypto Report: Introducing the State of Crypto Index
Our 2023 report aims to address the imbalance between the noise of fleeting price movements – and the data that tracks the signals that matter, including the durable progress of web3 technology.
How to Choose the Right Blockchain for Your NFT Marketplace
Non-fungible tokens (NFTs) have exploded in popularity in recent years, with NFT marketplaces becoming increasingly prevalent.
Ethereum: The Programmable Blockchain Platform
Ethereum is a decentralized blockchain platform that was created in 2015 by Vitalik Buterin. Ethereum is often referred to as the world computer because it enables developers to build decentralized applications (dApps) on top of its blockchain network.
Gucci and Yuga Labs Otherside-themed Fashion Collaboration
Yuga Labs partners with Gucci to create Otherside-themed jewelry — a limited-edition series of physical Gucci products and associated NFTs tied into the lore of the metaverse game.
Exploring Future Realities: Reddit Launches Third-Gen NFT Collection on Polygon
Reddit has launched its third-generation NFT collection on Polygon, this time featuring over 100 artists and using the theme of future realities. Artists were given freedom to create avatars within the Snoo template frame.
Former Bitcoin Core Developer Says NFT Market Is ‘Pleasantly Down to Earth’ Again
The hype once driving the popularity of non-fungible tokens (NFT) may have finally settled, said Jeff Garzik, a former Bitcoin core developer and co-founder of software development company Bloq.
OpenSea Pro & Gemesis Collection Stir Up NFT Marketplaces War
A new NFT collection climbed to the 7th position in DappRadar’s Rankings last week. Gemesis is minting now and are OpenSea Pro’s limited-edition collectibles to celebrate the launch of its new NFT marketplace aggregator. Is Blur’s rise doomed to end?
Why Do People Buy NFTs? 11 Reasons Ranked
Today, people buy NFTs for a range of reasons: Out of 11 key factors for consideration, NFT utility is the most important reason for motivating people to buy, while disrupting the status quo is the least important reason, according to a recent study.
Shiba Inu to Partner with Legendary Musician Scott Page
The Shiba Inu ecosystem and PawZone are partnering with legendary American musician Scott Page to launch a range of undisclosed NFT-based projects in the future. The details of the partnership are currently unknown, but speculations of an NFT collaboration have emerged. The PawZone ecosystem features Pawzaar, a native NFT marketplace on Shibarium, which is looking to host unique collections on the network. Scott Page's fascination with Web3 technology led him to create an innovative art platform called Think:NFT. PawZone will be collaborating with Page's platform in an integration expected to surpass the prominence of OpenSea, one of the world's largest NFT marketplaces.
Utility and Long-term Profits Top Reasons for NFT Purchases: CoinGecko Study
Utility and long-term profits are the top reasons for buying non-fungible tokens (NFTs), according to a survey by CoinGecko and Blockchain Research Lab. Over 77% of respondents said using an NFT for its intended function had some level of importance, while just over 76% gave a level of importance for hoping to sell their NFTs at a higher price later on. The third most important reason was to participate as a stakeholder in a decentralized autonomous organization (DAO), with 72.9% motivated by the opportunity to gain a stake in such a project. Other high-ranking reasons included enthusiasm for technology, community involvement, and enthusiasm for an NFT collection's business or artwork. Disrupting established structures or industries was listed as a top reason for buying by 59.5% of respondents, the least important reason on the list.
