NFT & Crypto Updates

🖼 Magic Eden passed Blur as leading NFT marketplace in March: CoinGecko Magic Eden, a Solana-based nonfungible token (NFT) marketplace, recorded its largest monthly trading volume in March, surpassing industry leader Blur. Its NFT trading volume spiked 194.4% in March to $756.5 million, while Blur marginally increased to $530.4 million, according to CoinGecko’s Q1 2024 report, published on April 17. Source NFTs | OpenSea | News

🔫 Meta Shift Focus From Gaming to an Education Metaverse The announcement marks a significant step towards integrating virtual reality (VR) technology into educational environments. Let’s discover more about this important news for Meta. Meta’s Quest virtual reality (VR) headsets are one of the top XR headsets on the market. The company’s expansion into education signifies a growing trend towards immersive learning experiences. Meta is reportedly in pole position to dominate the VR sector, which has recorded a whopping 27.3% annual growth since 2020. Source NFTs | OpenSea | News

🖼 PayPal removes buyer and seller protections for NFTs PayPal is quietly stripping buying and selling protections for non-fungible token-related (NFT) transactions in a partial reversal of its previous policy, according to the firm's little-noticed terms-of-service update. Under the new policy, effective May 20, NFT purchases will no longer be covered by PayPal's buyer protection policy. Additionally, NFT sales worth more than $10,000 will no longer be backed by the company’s guarantee against false claims, chargebacks or other scams that may cause sellers to lose money. Source NFTs | OpenSea | News

🖼 Bored Apes' floor price hits lowest point since 2021, down more than 90% from all-time high Bored Ape Yacht Club NFTs may have hit more than a rough patch as the floor price for the once-celebrated collection hit its lowest point since August 2021. As of Monday, the floor price on Bored Ape NFTs sank to 10.9 ether (about $34,000), according to NFT Price Floor data. The NFTs' floor price has not been that low since early August 2021, when it hit 9.5 ether, also according to the NFT data site. Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, collection declined to comment. Source NFTs | OpenSea | News

🖼 Meta Monkey Launches NFT Collectibles for Elder’s Grace Meta Monkey, a cross-web studio, has launched Founder’s Digital Card Collectibles for their upcoming web3 NFT game, Elder’s Grace: Rise of the Mobley. The Founder’s Digital Card Collectibles, known as the Origins of the Elder Mobley Edition, offer perks including alpha and beta access for playtesting, special Discord roles, and in-game benefits such as unique Summon Skins, XP Boosts, and customizations for stronghold names and icons. The collection come in four levels—Common, Rare, Epic, and Legendary—with a total supply limited to 300. Source NFTs | OpenSea | News

🖼 Adidas and STEPN Team Up for High-Tech Sneaker NFTs STEPN is making moves. Following its significant $100M $GMT airdrop, the Move-to-Earn blockchain game unveiled Genesis Sneaker NFTs in partnership with Adidas and its web3 venture, ALTS by Adidas. “A lot more to come” has also been teased, fueling excitement among blockchain and sneaker buffs alike. However, it remains unclear whether these digital assets will include physical counterparts, like the ‘Adidas X Crazyfast Bugatti‘ football boots. Source NFTs | OpenSea | News

🖼 Mark Zuckerberg says NFTs are coming to Instagram soon Mark Zuckerberg announced that his company plans to introduce NFTs into Instagram in the "near term." While the Meta CEO and founder didn't offer a ton of detail, he characterized the integration of non-fungible tokens into the company's photo and video sharing app as something on the way once the Instagram team works out some of the technical challenges. "We are working on bringing NFTs to Instagram in the near term," Zuckerberg said in a conversation with Shark Tank's Daymond John. Source NFTs | OpenSea | News

🔫 Metaverse has critical role in medical tourism hitting $200B by 2027: report The metaverse has made great leaps in gaming, advertising, culture, communication, and sports. This emerging technology is projected to have a pivotal role in medical tourism, a sector estimated to be worth $200 billion within the next three years. Some healthcare facilities, like the Thumbay Group in the United Arab Emirates, rely on the metaverse to expand their reach, offer personalized and on-demand medical attention, and cut down on medical costs for patients. Source NFTs | OpenSea | News

📉 Trump NFT Collection Trading Volume Plummets 99% Ahead Of Criminal Trial The first edition of the Trump Digital Trading Card NFTs has experienced a significant downturn in sales, with trading volumes plummeting by 99% over the last 30 days. Data from OpenSea reveals a stark decline in transactions, with no activity recorded in the past week. This marks a sharp contrast from the initial buzz surrounding the collection, which generated over $50 million in total trading volume since its launch in December 2022. Source NFTs | OpenSea | News

💰 XRP Ledger (XRPL) Welcomes Crucial NFT Amendment on Mainnet A new amendment dubbed fixNFTokenReserve has been activated on the XRP Ledger (XRPL) mainnet, marking a significant milestone for the decentralized public blockchain. Dominant XRPL explorer XRPScan confirmed that the activation of the amendment took place at around 12:21 UTC on April 12. It was released in version 2.1.0. Like other proposals on the XRP Ledger, fixNFTokenReserve had an approval threshold of 28/35 which implies that at least 28 validators are required to vote in its favour before it is accepted. Source NFTs | OpenSea | News

🖼 ‘Cinematic’ Space Combat Game Nova Frontier X Counts Down to NFT Launch New mobile game Nova Frontier X is counting down to lift-off as its spaceship NFTs go on sale from April 16th. Offering a blend of third-person space combat and strategic base management, the game sees players jump into the cockpit of a space fighter to battle humans, rogue AI and mysterious aliens in the hunt for Dark Nova Crystals. With spaceships wheeling and dodging in fast-paced battles through asteroid fields and around ringworlds, Nova Frontier X certainly looks like it belongs on the big screen. Source NFTs | OpenSea | News

🖼 SEC secretly investigated NFT developer Dapper Labs in 2023 The document, acquired by Fortune and referred to as a “Case Closing Report,” was signed off by David Hirsch, head of the SEC’s Crypto Asset and Cyber Unit, on Sep. 29, 2023. The report did not detail the reasons for the SEC’s inquiry into Dapper Labs, its initiation date, or the factors leading to the investigation’s termination. Dapper Labs is behind high-profile NFT projects such as NBA Top Shot and CryptoKitties. Source NFTs | OpenSea | News

🖼 Binance to Drop Bitcoin “Ordinals” NFT Support on May 18th Binance, one of the world’s leading cryptocurrency exchanges, decided to discontinue support for Bitcoin Ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This decision, announced on April 4, marks a significant shift in Binance’s strategy, just a year after introducing support for Bitcoin NFTs in May 2023. Unleash the potential of leverage trading! Join Bybit today with our link, complete KYC, and earn up to a $40 bonus on a $100 deposit. Don’t miss out on this exclusive offer; claim your bonus now! Source NFTs | OpenSea | News

🔫 Yuga Labs Launches Dookey Dash Skill-Based NFT Game Yuga Labs, the company behind the popular Bored Ape Yacht Club (BAYC) NFT collection, has unveiled a new NFT mint, which will require players to compete in a skill-based game. Later today, holders of BAYC and Mutant Ape Yacht Club (MAYC) NFTs will be able to claim a ‘Sewer Pass’ for free. The game, called Dookey Dash, can be played by anyone holding the Sewer Pass NFT and is a skill-based ‘endless runner’ game similar to Subway Surfers and Temple Run.. Source NFTs | OpenSea | News

🔫 ZTX Metaverse Platform Joins Hands With Mon Protocol To Ensure Sustainable Community Development ZTX, a fast-growing social metaverse platform, has partnered with Mon Protocol, a leading publisher of blockchain-native IPs and gamers, to further enrich the respective communities, amid the ongoing mass adoption of web3 projects and digital assets. The strategic partnership will enable the Mon Protocol to introduce the ZTX metaverse platform to more than 1.1 million users across its Pixelmon products. Source NFTs | OpenSea | News

🔵 Gunzilla Games will integrate GUNZ blockchain into OpenSea NFT Marketplace Gunzilla Games said it is integrating the GUNZ blockchain into the OpenSea non-fungible token (NFT) marketplace. Frankfurt, Germany-based Gunzilla is partnering OpenSea in an effort to evolve gaming economies, enabling players to trade in-game items seamlessly across various titles built on the GUNZ blockchain. GUNZ, developed on a custom Avalanсhe subnet, empowers triple-A game developers by providing players with full ownership of in-game assets as tradeable NFTs, fostering player-driven economies within digital worlds. Source NFTs | OpenSea | News

🔫 Metaverse set to revolutionize $54B medical tourism market: Research The metaverse — a loose term describing interconnected digital worlds navigable by humans virtually, with no technical regard to geography — is set to upend the medical tourism industry. Recent analysis from industry experts at Omnia Health, the Iranian Journal of Public Health, and Medical Tourism Magazine shines a light on how nascent telemedicine technology built on the metaverse concept can onboard and streamline patient acquisition and improve patient satisfaction for medical tourists. Source NFTs | OpenSea | News

🖼 NodeMonkes leads NFT sales with a sharp drop Bitcoin-based NodeMonkes is Monday’s top-selling non-fungible token (NFT) collection over the 24 hours to noon ET, despite a 46.88% drop in sales to US$2.01 million, according to CryptoSlam. NodeMonkes cooled down after a hot weekend that included a US$3.78 million Sunday, its best single-day performance since mid-March. Two Solana collections, Froganas and Tensorians took the second and third spots respectively, both recording almost US$1.5 million in sales. Source NFTs | OpenSea | News

🔫 SKT to showcase international metaverse idol 'Triple IZ' SK Telecom announced on the 8th that its metaverse service "Ifland" will release the first single 'Halla' by the multinational metaverse idol group "Triple iz," planned by the company itself, and will host media showcase using global XR (extended reality). "Triple iz" is a unit group composed of three active K-pop idols from S.Korea, India, and Indonesia, selected based on high usage among "Ifland" users. It consists of Aria from "X:In" (India), Dita from "Secret Number" (Indonesia), and E.Ji from "Ichillin" (S.Korea). Source NFTs | OpenSea | News

🔫 Virtual reality steps up as metaverse struggles to deliver The metaverse has seen significant hype over the last few years, enthralling the minds of enthusiasts and investors alike. From virtual reality (VR) to augmented reality (AR), the metaverse offers it all. However, the hype has fallen short after only three years, with the metaverse failing to retain the attention of the business world. Defined as a collectively shared virtual space where users can interact, socialize and engage in various activities, the metaverse captured the imagination of technology enthusiasts, investors and futurists alike. Source NFTs | OpenSea | News

🖼 Dream Sports Signs Five-Year Deal With Kiwi Cricket Team For NFTs New Zealand Cricket (NZC) and Dream Sports, the holding company of Dream11, have signed an exclusive deal to develop a full suite of digital fan engagement tools, according to various media reports. Through its portfolio firms, Rario and FanCode, Dream Sports will develop fan-focused pathways across non-fungible tokens (NFTs), gaming, and merchandising throughout the course of the five-year agreement. Source NFTs | OpenSea | News

🖼 ‘Nyan Heroes’ Tops 100K Players on Epic Games, Reveals Solana NFT Rewards Nyan Heroes, the Solana-based feline mech shooter, reported Friday that it has amassed over 100,000 players who have downloaded and played the game since its pre-alpha demo launched on the Epic Games Store on March 25. With less than a week left until the end of the pre-alpha demo on April 9, Nyan Heroes announced plans Friday to offer leaderboard rewards for the top players of the demo, including Nyan Heroes Genesis Guardian NFTs and extra MEOW points that go towards the upcoming airdrop of the game’s NYAN token. Source NFTs | OpenSea | News

🖼 Chainers Makes Waves in NFT Gaming with Blockchain Power Chainers isn’t just another run-of-the-mill NFT game; it’s a rising star in the Web3 genre, offering a plethora of features and experiences that set it apart. The platform takes gaming to new heights with thrilling tournaments, extensive social interactions, avatar customization, and even opportunities for farming and harvesting to earn rewards. What truly distinguishes Chainers is its commitment to delivering a fluid and cutting-edge user experience, accessible to players of all backgrounds. Source NFTs | OpenSea | News

🖼 Pharrell, Lil Wayne, and Coi Leray to Voice Characters in Doodles' Animated NFT Film The team behind the Ethereum non-fungible token (NFT) collectible series Doodles revealed on Thursday its intention to debut an animated movie accompanied by music in the summer of 2024. The project shared that the film will showcase a soundtrack inclusive of three videos and voiceovers from Pharrell Williams, Dwayne ‘Lil Wayne’ Carter, and Coi Leray. Source NFTs | OpenSea | News

🪙 Ethereum leads NFT market with over US$10 million in sales Ethereum led the non-fungible tokens (NFT) market in sales on Thursday by racking up US$10.48 million in the 24 hours to 12 p.m. ET, according to CryptoSlam data. Ethereum, which also leads the industry in all-time NFT sales with US$43.46 million, had a 42% surge in sales volume to top the day’s rankings as the only chain with at least US$10 million in sales. Pandora, a collection of 10,000 “Replicants” enabled by the ERC-404 experimental token standard, had a 279% surge to US$1.61 million to help Ethereum. Source NFTs | OpenSea | News

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🖼 Hybrid NFT standard combines ERC-20 and ERC-721 with low transaction fees Nonfungible tokens (NFTs) might be one of the most hyped innovations spurred during the rise of Web3, but the last bear market showed that they are not immune to a market downturn. Studies say that NFT sales are mostly driven by a combination of luck, scarcity and optimism, implying room for improvement to make them more resilient to market conditions. Unlike other blockchain-based assets, NFTs have their own challenges on top of the common issues troubling the broader Web3 ecosystem. Source NFTs | OpenSea | News

🖼 No blockchain tops US$10 mln in NFT sales on Wednesday, Bitcoin leads with US$8.25 mln Bitcoin maintained its position as the top-ranking blockchain in non-fungible token (NFT) sales over the past 24 hours to 12 p.m. ET Wednesday, with a slight decrease of 3.17% in sales, totaling approximately US$8.25 million. There were no networks that recorded at least US$10 million in sales, CryptoSlam data shows. Ethereum, the day’s second-ranking platform, experienced a more significant decline of 13.59% in sales, amounting to roughly US$8.15 million. Source NFTs | OpenSea | News

🖼 Lootex Revolutionizes NFT Marketplace with Smart Accounts and Token Swaps Lootex introduces Smart Accounts to simplify Web3 access and a token swap feature to boost NFT liquidity, setting new standards in digital asset trading. Alongside the Smart Frens project, these innovations promise a seamless, secure, and engaging platform for collectors and traders. This strategic move, underpinned by Lootex's partnership with Mantle Network, aims to democratize blockchain technology and elevate the user experience. Source NFTs | OpenSea | News

🪙 Ethereum leads 🖼 NFT sales with a slight uptick Ethereum rose to the top position in the non-fungible tokens (NFT) market with sales reaching US$10 million, marking a 0.14% increase over the last 24 hours to 12 p.m. ET Tuesday. Bitcoin, ranking second on Tuesday, experienced a decline in sales by 17.39%, totaling US$8.15 million to drop out of the top spot. Bitcoin has reached US$3 billion in all-time sales, ranking it fourth in the market, and is quickly catching up to Ronin’s US$4.26 billion for third place. Ronin added US$2.4 billion to its total in March. Source NFTs | OpenSea | News

🖼 DMarket NFT sales surge, tops daily trade chart DMarket, a collection that represents non-fungible tokens (NFTs) and in-game items in the Mythos network, has emerged as the top-performing collection in the market over the past 24 hours to 12:30 p.m. ET, with sales reaching US$1.17 million, marking a 26.07% increase. The collection saw a substantial rise in activity, with transactions soaring by 26.79% to 47,872, according to CryptoSlam. Source NFTs | OpenSea | News

🔫 Korea's Leading Metaverse Carrieverse, Reaches 100k Global DAU According to Carrieverse, the DAU, which exceeded 150,000 after its global launch on Thursday remained above 100,000 as of Sunday. With its main user base in Thailand, the Philippines, and South America, it added Vietnam and Indonesia to the mix on March 28th, reaching 3rd and 2nd in new games popularity rankings respectively. The gross sales also reached new heights, ranking 16th in all games and 4th casual games in Thailand. It also ranked 15th in all games and 4th in casual games in the Philippines as well. Source NFTs | OpenSea | News

🪙 Ethereum enters the weekend on top of NFT market with over US$11 million in daily sales Ethereum NFT sales rose 5.21% to US$11 million on Friday to lead the market while Bitcoin, Thursday’s top network, had a 16% slump. Bitcoin ranked second on Friday with US$10.21 million in total sales. Despite the drop in sales, Bitcoin is expected to surpass US$3 billion in total sales this week. The network is less than US$700,000 away from the milestone. Solana, ranked third, experienced a 21.58% sales drop to US$5.30 billion. Source NFTs | OpenSea | News

💰 Bitcoin snatches daily NFT throne from Ethereum Bitcoin has topped the non-fungible token (NFT) market in sales performance on Thursday, with a slight decrease of 0.06% in sales. The blockchain registered US$11.89 million in sales, with a negligible change in its all-time sales volume, maintaining a steady market presence. JIGO BRC-20 NFTs, a Bitcoin-based collection, led Thursday’s NFT collection rankings with almost US$2 million. Source NFTs | OpenSea | News

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🪙 Ethereum reclaims NFT throne with US$17.02 mln in daily sales Ethereum reclaimed its position as the top-ranking blockchain in the non-fungible tokens (NFT) market on Wednesday, with daily sales reaching US$17.02 million. The platform saw an increase of 39.19% in sales in the 24 hours to 2 p.m. ET, according to data from CryptoSlam. Ethereum’s all-time sales volume rose to US$43.36 billion, which is the highest in the industry. Ethereum dethroned Bitcoin for the top daily sales spot after the latter had held the position for two days. Source NFTs | OpenSea | News

🖼 Crypto Project Pixelmon Seeks to Use Fractionalized NFTs to Make Its Comeback Xiloyannis’ vision for Pixelmon includes pioneering fractionalized NFTs in a way that redefines the intersection of blockchain gaming and intellectual property rights. The infamous crypto project Pixelmon is set to make a huge comeback under the leadership of new CEO Giulio Xiloyannis. Xiloyannis disclosed the plans in a recent interview where he revealed that Pixelmon will embrace fractionalized non-fungible tokens (NFTs) on its journey to redemption. Source NFTs | OpenSea | News

🖼 American Celebrity Kevin Hart Loses Over 66 ETH in BAYC NFT Sale American actor and comedian Kevin Hart has parted ways with a Bored Ape Yacht Club (BAYC) NFT for 13.2 ETH, representing an 83% drop from its purchase price. BAYC is an NFT collection featuring 10,000 cartoonish apes with varying traits. Launched by the blockchain tech startup Yuga Labs, the collection is housed on the Ethereum blockchain using the ERC-721 token standard. BAYC ranked as the leading Ethereum-based collection for many months. Source NFTs | OpenSea | News

🖼 NFT Price Floor co-founder predicts quality NFTs comeback despite market retreat NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. Source NFTs | OpenSea | News