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“# 17% of addresses snapped up 80% of all Ethereum NFTs since April ” Open source blockchain analytics firm Moonstream published a report which found that around 17% of addresses control more than 80% of all NFTs on Ethereum. The report was published on Oct. 21 and the analysis was conducted on more than 7…
“# Nifty News: Playboy unveils 11,953 bunny avatars, Martha Stewart cooks up NFTs… ” Playboy to release tokenized bunnies into the wild PLBY Group, Inc, the owners of the raunchy lifestyle magazine Playboy unveiled a new NFT project consisting of 11,953 unique 3D animated bunny avatars. According to an Oct. 20 announcement, the number of…
“# Rarible introduces zero-cost NFT minting feature ” Nonfungible token (NFT) marketplace Rarible has introduced a new functionality titled “lazy minting” that promises users the ability to create nonfungible tokens at zero cost — all while enhancing environmental sustainability on the platform. Instead of the traditional method whereby data is stored on the blockchain immediately…
“# Paris Hilton and Pranksy collections featured by Sotheby’s new NFT platform ” Prestigious auction house Sotheby’s has launched a new Metaverse themed NFT platform. The platform is dubbed “Sotheby’s Metaverse” and was announced alongside the “Natively Digital 1.2: The Collectors” (ND1.2) auction that will run between Oct. 18 and Oct. 26. The auction consists…
“# Coinbase follows FTX and Binance in launching NFT marketplace ” Major crypto exchange Coinbase has announced it will be opening a waitlist for a nonfungible marketplace it plans to launch later this year. In an Oct. 12 blog post, Coinbase vice president of product and ecosystem Sanchan Saxena said the nonfungible token, or NFT,…
“# Navigating the NFT minefield: It should be made easy for first-time buyers ” Whether it’s baseball players or shiny Pokemon cards, collectibles have been a cultural mainstay in human behavior since the Renaissance. Memorabilia from famous films or items of clothing worn by a celebrity can be auctioned and sold for eye-watering amounts. Take…
“# Tweet mocking how little value NFTs have … is turned into $5K NFT ” Twitter user Lauren Walker tweeted a message claiming she was “stealing” nonfungible tokens, only to have crypto-Twitter turn around and mint her words into a token listing for thousands of dollars. In an Oct. 2 post on Twitter, Walker mockingly…
“# Valued at $4.3B, NFT platform Sorare to invest in women’s sports ” Following a $680 million funding round, nonfungible token (NFT) marketplace Sorare is looking to be an active player in bridging the gap between sports and digital entertainment. Now valued at $4.3 billion, Sorare told Cointelegraph that the company plans to use the…
“# Pundits say crashing floor prices and sell volume signal that ‘the NFT market has died’ ” Nonfungible tokens (NFTs) dominated crypto and mainstream media headlines all throughout 2021 as investors who held CryptoPunks and other projects minted prior to 2018 were finally rewarded for their patience. Meanwhile, newer projects like the Bored Ape Yacht…
“# Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio ” Sorare, a marketplace for nonfungible token (NFT) trading cards, has raised $680 million in a Series B funding round led by Japanese fintech giant SoftBank, resulting in a revised valuation of $4.3 billion for the platform. According to the company,…