NFT (Non-Fungible Token)

Weekly NFT Sales for BAYC & MAYC Surged By 150% and 93.41% Thanks To Eminem

Weekly NFT Sales for BAYC & MAYC Surged By 150% and 93.41% Thanks To Eminem

NFT market was already growing immensely but another major push to it has been given by globally famed American rapper and hip-hop artist Eminem when he revealed to the public that he too has bought an expensive NFT collection of Bored Ape Yacht Club which cost him US$ 425,000 roughly. The push has been duly capitalized by the NFT market of Bored Ape Yacht Club and Mutant Ape Yacht Club after Eminem’s disclosure. Two of the most attention and investment-seeking NFT projects of today are Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). Since the past week,…
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Duo of Apes & Punks NFT Sales Going Hot At Bottom of Year

Duo of Apes & Punks NFT Sales Going Hot At Bottom of Year

More than 350 thousand sales of NFT collections have taken place in the past 30 days only. Opensea alone sold NFTs for more than US$ 2.4 Billion and the sales at Opensea were increased roughly by 22% in the last 30 days. Hot steam for Non-Fungible Tokens (NFTs) hasn’t ended yet. It continues to even bigger and better than ever before. While the hype for NFTs as well as for Metaverse is getting stronger and stronger. The past week also brought huge sales for Metaverse projects such as The Sandbox and Decentraland. The stats show that in the past 7…
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Famed Auction House Christie’s Hit 9 Figures In NFT Sales In 2021

Famed Auction House Christie’s Hit 9 Figures In NFT Sales In 2021

Christie's has declared their expected earnings of over $7 billion this year. The figure is the auction house's third-highest yearly total. Notably, $150 million of this revenue came from the sale of NFTs. NFTs were only incorporated this year as a category at Christie's.  Rejuvenation In Auction Business  The revenue stream though was still largely created by traditional art. Christie's also auctioned off the most expensive art this year, a Picasso that sold for over $100 million in the summer. Only Sotheby did better in revenue this year with a $200 million difference. This year's figure takes a jump from…
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NFT Market Saw 60-Fold Growth In 2021

NFT Market Saw 60-Fold Growth In 2021

The years, from 2018 till 2021 so far, have been proving to be breakthrough years for the global crypto economy. During this time, there were several digital byproducts that paved their way into the digital market. The most prominent ones are decentralized finance, known as “DeFi”, and Non-Fungible Tokens also called “NFTs”. Both byproducts became huge successes in recent times. If one looks at the growth of the NFT market then shockingly the growth was 60-fold. It is widely believed now that NFTs have emerged as the “turning point” in the digital economy sector. NFTs were though first introduced in…
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Solflare Is About To Launch The World’s First Solana Smartphone Wallet

Solflare Is About To Launch The World’s First Solana Smartphone Wallet

A new measure will be offered for both iOS and Android-based smartphones in the near future. It will serve as a gateway to Solana's section of the DeFi and NFT sectors for users of varying degrees of skill. SolFlare is now available on mobile devices. Per a press statement issued by the SolFlare crew, the company's mobile application is now accessible on the digital platforms of the App Store and Google Play, respectively. "IT'S FINALLY HERE! - Solflare Mobile is NOW AVAILABLE!" The iOS app is now available with complete support for $SOL staking, SPL token transfers, NFTs, and other…
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