NFT & Crypto Updates

🖼 Bitcoin leads charge as weekly NFT sales skyrocket to over $423m The Bitcoin (BTC) network registered the most non-fungible token (NFT) sales in the past week, as overall transactions totaled a staggering $423,004,860. According to data compiled by Cryptoslam.io, Bitcoin emerged as the dominant force in NFT transactions, leading the charge with $160.37 million in sales, representing a remarkable surge of 80.45%. Ethereum (ETH) closely trailed behind, with $159.64 million in transactions, marking a respectable 14.41% uptick in ETH-based NFT sales. Source NFTs | OpenSea | News

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🖼 NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. Source NFTs | OpenSea | News

💰 Solana NFT market picks momentum, Rebel Satoshi prepares to launch Aside from Ethereum, Solana is a popular NFTs platform. NFTs also form part of the soon-to-be-launched Rebel Satoshi. Solana had inconsistent trading activity in 2023, barely exceeding $40 million monthly for the year’s first half. Things picked up tremendously from October 2023, when the blockchain experienced multi-fold percentages each month. The blockchain has already witnessed over $239 million in sales this January 2024. Source NFTs | OpenSea | News

🖼 Ordinals trader gets Bitcoin back after fat-fingered NFT purchase Bitcoin Ordinals trader recovered their money after making an error purchase of a $13,000 nonfungible token (NFT) on the Bitcoin network. On March 1, a Bitcoin Ordinals trader shared a post on X about how they made their “biggest mistake” since they started trading Bitcoin-based NFTs. The trader thought they bought an NFT for 0.021 Bitcoin worth about $1,287. However, the surprise came after the transaction when the trader realized that the NFT was listed for 0.21 BTC (around $12,877). Source NFTs | OpenSea | News

🖼 Ethereum NFT Card Game 'Gods Unchained' Hits iOS and Android Long-running NFT trading card game Gods Unchained has finally gone mobile. Immutable Games announced Wednesday it has launched the fantasy-based tactical game on iOS and Android devices worldwide. An early access version of Gods Unchained Mobile is now available on the App Store and Google Play Store. It provides a card combat experience on smartphones and tablets, turning the PC and Mac game into one that you can play pretty much anywhere. Source NFTs | OpenSea | News

🖼 ‘Parallel’ Ethereum NFT Card Game Set to Open to the Public Parallel, an NFT trading card game with assets minted across Ethereum and scaling network Base, will make its long-awaited move into open beta on Thursday, February 29, letting anyone jump in and start playing the competitive PC game. Previously available only in a closed beta, Parallel—GG’s pick for the best game of 2023—builds on the foundations of genre giants like Hearthstone and Magic: The Gathering, but with some fresh wrinkles and a distinctive space opera setting. Source NFTs | OpenSea | News

🖼 Post-Bitcoin ETF VanEck Enters NFT Space With SegMint VanEck, a global investment manager, is entering the NFT space with the launch of its new platform, SegMint. The platform is created in partnership with tech firms like Nueva.Tech and Delegate.xyz is geared towards crypto-savvy users in Europe and Asia, specifically excluding those in the United States. The platform’s “Lock & Key Model” is analogous to a high-security vault that allows digital assets to be shared without risking security breaches. Source NFTs | OpenSea | News

🖼 Other Page Brings Enhanced Web3 Profiles to Magic Eden NFT Marketplace Other Page and Magic Eden have announced a collaboration that aims to reinvent profiles within the marketplace by enabling users to customize their avatars and showcase their full Web3 legacy across all of their wallets and communities. Other Page's goal is to simplify profile creation by introducing a universal profile to flex the lore, IP licenses, lineage, club or guild affiliation, full sets, rare assets and inventory, as well as game data and achievements across both digital and IRL experiences. Source NFTs | OpenSea | News

🖼 Ubisoft Taps AI Analytics Firm to Bolster 'Champions Tactics' NFT Game Launch Gaming giant Ubisoft, the publisher behind hit franchises like Assassin’s Creed and Just Dance, is gearing up to launch its first original NFT game, Champions Tactics: Grimoria Chronicles—and has enlisted the services of a leading crypto gaming analytics startup to aid in that rollout. On Tuesday, Ubisoft announced a collaboration with Helika, a firm that provides on-chain and social analytics around games, along with marketing insights and game management functionality. Source NFTs | OpenSea | News

🖼 DeLabs Drops First Batch of NFTs for Upcoming RPG ‘Metabolts’ Today, the South Korean gaming titan Delabs is making waves with the inaugural NFT drop for its highly anticipated RPG, ‘Metabolts’. In anticipation of its 2024 release, the character-based game that emphasizes skill-based strategy is progressively unveiling 7,777 unique in-game NFTs via its official website, metabolts.io. These unique PFPs are available to everyone — including participants in the Private Sale, Whitelist Sale, and Public Sale — presenting an opportunity to acquire rare collectibles with actual utility. Source NFTs | OpenSea | News

🖼 Fabrica and NFTfi Spearhead NFT Loan for Arizonan Real Estate Fabrica, an innovative property management platform that utilizes NFTs, is in the spotlight for facilitating a landmark blockchain-enabled real estate transaction in Sun Valley, Arizona — as highlighted by the investor, Sean Murray, in a recent X post. The land’s current owner, known by the Ethereum address ‘3531.eth’, used their Sun Valley plot as collateral for a loan through Fabrica. In this arrangement, failing to repay the loan will result in the transfer of property ownership to the lender. Source NFTs | OpenSea | News

🔵 Circle and NFT-Driven Game ‘Overdare’ Collaborate on Web3 Wallets and USDC Payouts Stablecoin issuer Circle and South Korean NFT-driven metaverse ‘Overdare’ are teaming up to allow game developers to build in-game Web3 wallets within the platform. The collaboration will also empower game creators to facilitate direct USDC payouts on the platform, as per a Monday announcement. Developed by Krafton, the studio behind PUBG, Overdare is a create-to-earn metaverse game slated for a global launch in the second half of 2024. Source NFTs | OpenSea | News

💰 Solana NFT Sales Reached Massive Milestone as SOL Price Stalls at $100 Solana NFT sales shifted in Nov following stagnation pre-Nov 2023, with ongoing momentum leading to surge in volume. Solana-based nonfungible tokens (NFTs) have reached a significant milestone, surpassing an all-time sales volume of $5 billion, according to data from CryptoSlam. This surge in activity marks a turnaround for the Solana blockchain, which struggled to gain traction in the NFT space just a few months ago. Source NFTs | OpenSea | News

🔫 Kingdom launches heritage metaverse initiative Saudi Arabia’s Ministry of Culture has launched an initiative in the Metaverse, supported by an artificial intelligence system for Generative Media Intelligence, according to the Saudi Press Agency. The dynamic digital environment allows users to discover the Kingdom’s heritage by taking part in simulated activities. The collaboration with droppGroup utilizes Hyperledger Fabric 2.5 blockchain technology. Source NFTs | OpenSea | News

🖼 Audi Announces NFT Release on xNFT Protocol Audi has announced that it will release limited-edition non-fungible tokens (NFTs) through cooperation with xNFT. Chinese media outlets reported the news. German automobile manufacturer Audi has joined the NFT market and is set to release an NFT collection on Aug 10 with the aid of xNFT. The latter announced on Aug 8 that it would mint Audi NFTs on the xNFT protocol. Audi teased a 15-second video with text in Mandarin as a part of the release. Source NFTs | OpenSea | News

📣 Unstoppable and Pudgy Penguins Join Forces to Launch First NFT Community-Focused Web3 Domains Leading web3 domain names and digital identity provider Unstoppable Domains (UD) today announced a new groundbreaking partnership with widely popular Web3 brand Pudgy Penguins, with the addition of ".pudgy," the 10th top-level domain (TLD) in UD's partner portfolio. Pudgy fans and community members can now proudly voice support and display their digital collectibles and .pudgy address on X, as well as earn special Pudgy badges to facilitate unique messaging and interactions within their group. Source NFTs | OpenSea | News

💰 Solana NFTs hit $5B in all-time sales volume Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last four months. On Feb. 23, data aggregator CryptoSlam showed that the all-time sales volume for NFTs based on the Solana network is already at $5,013,847,972. The data also shows that the blockchain has over 2.2 million buyers and 1.6 million sellers. Source NFTs | OpenSea | News

💰 NFT Platform Launches Nintendo Emulator on Bitcoin The introduction of this N64 emulator marks a significant stride in leveraging blockchain technology for gaming enthusiasts. Emulators, a crucial component, enable gamers to experience video game consoles on alternative devices without the need to possess or operate the original console. Pizza Ninjas emphasizes the pivotal role played by Google’s Brotli Compression method in enabling the encoding of progressively larger items. Source NFTs | OpenSea | News

🔫 Forbes Sets New Standard for Metaverse Experiences Forbes has made its entry into the metaverse by launching a virtual space within The Sandbox Game, a platform allowing users to experience virtual worlds and games. This space is not accessed via a headset but through a computer, resembling games like Minecraft or Second Life. Forbes’ virtual world features a luxurious clubhouse, complete with an outdoor dancefloor and a yacht modelled after Malcolm Forbes’ Highlander party boat. Source NFTs | OpenSea | News

💰 Solana NFT sales volume drop, NuggetRush crosses $2.3m in presale In the latest news from the world of non-fungible tokens (NFTs), the Solana network recently experienced a shutdown. Still, it is now back up and running. The team behind Solana is currently investigating the cause of the problem. This downtime negatively impacted the value of Solana’s own currency, SOL, and the trading volume of trending NFTs on Solana. Source NFTs | OpenSea | News

💰 Shiba Inu Exploits DN-404 Standard for Latest NFT Endeavour Shiba Inu has launched its latest NFT endeavor, SHEboshis, presenting an exciting opportunity for both Shib fans and the broader blockchain community. Harnessing the power of the DN-404 standard, SHEboshis masterfully combine the strengths of ERC-20 and ERC-721, weaving together the worlds of fungible and non-fungible tokens. Such a pioneering approach opens up unprecedented avenues for possession and trading, enriching the landscape with enhanced liquidity and potential for fractional ownership. Source NFTs | OpenSea | News

🖼 Sports Illustrated moves NFT ticketing platform to Avalanche The ticketing arm of the United States-based sports magazine Sports Illustrated announced it is moving its nonfungible token (NFT) ticketing platform called “Box Office” from the Polygon blockchain to Avalanche almost 10 months after its launch. On Feb. 20, SI Tickets announced a collaboration with Ava Labs, the developers of the Avalanche network. The partnership will allow the NFT ticketing platform to mint their NFT tickets using the Avalanche blockchain. Source NFTs | OpenSea | News

🖼 A trader just made $13m selling an early Ethereum NFT collection A high-value NFT trader has just realised a $13 million profit after selling 10 early Ethereum NFTs they bought three years prior. The pseudonymous trader, who goes by the name OldSchoolCollection on NFT marketplace OpenSea, bought 10 NFTs from the Autoglyphs collection for a combined $1.4 million in February 2021. Today, OldSchoolCollection sold the same 10 Autoglyphs for 5,000 Ether — worth around $14.5 million — to a private collector via NFT brokerage platform Fountain. Source NFTs | OpenSea | News

🖼 Arcade Unveils 3M ARCD Token Airdrop for NFT Collectors Arcade recently announced its “Clash of Claims” airdrop plan on Medium, to disperse ARCD tokens to 4,000 wallets. Each of these wallets will have the opportunity to claim 750 ARCD tokens. The snapshot for this initiative will be taken on February 19 at 8:00 pm UTC. Distribution of tokens will occur in two stages: whitelist and public claim. In the whitelist stage, Arcade intends to randomly pick 2,000 wallets during the snapshot. Source NFTs | OpenSea | News

🔫 L’Occitane celebrates Ramadan with metaverse shop L’Occitane en Provence, which opened a holiday virtual store based on the Emperia metaverse platform in November 2023 and launched an immersive, interactive metaverse shopping experience based on Emperia in July 2023, is now partnering with Emperia to open a metaverse store in honor of the Islamic holiday of Ramadan. Source NFTs | OpenSea | News

🔫 Roblox builds real-time AI translation tool for metaverse platform Gaming platform Roblox is developing a multilingual translation model to support real chat conversations on the metaverse platform using artificial intelligence (AI). The company shared in a blog post that it achieved the feature by deploying a large language model (LLM) with advanced functionalities to support 16 languages on Roblox. The AI-based translation feature allows Roblox’s 70 million daily users to communicate with each other in real time without lag. Source NFTs | OpenSea | News

💰 SHIBA INU TEAM ALERTS COMMUNITY ON UPCOMING NFT LAUNCH The Shiba Inu ecosystem team recently issued an important alert to its community members as anticipation builds for introducing a new project. In a statement made by Lucie, the marketing specialist for Shiba Inu, it was clarified that the much-anticipated project known as “The SHEboshis,” a collection of ERC-404 tokens and NFTs, has not yet been launched. Source NFTs | OpenSea | News

🖼 Pudgy Penguins Outpace Bored Ape Yacht Club in NFT Market Shakeup The recent data from Parsec Finance revealed that the floor price of Pudgy Penguins soared to 22.2 ETH, surpassing BAYC’s floor price, which dipped to 22.1 ETH. Although the lead was brief, this shift is significant in the NFT community, marking a shift in collector interest and market trends. NFT space, celebrated this milestone on social media, attributing Pudgy Penguins’ success to strategic leadership and active community engagement. Source NFTs | OpenSea | News

🖼 Animoca Brands’ Yat Siu sees NFTs as a way to protect ownership in the age of AI NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling. According to Animoca Brands’ chairman and co-founder, Yat Siu, the growing influence of artificial intelligence and content is exactly why there is a growing need for NFTs in the world. Source NFTs | OpenSea | News

🖼 NFT-themed Cuban restaurant opens Miami's newest Cuban restaurant has an unlikely mascot: a cartoon-ape NFT from Hialeah. Bored Cuban opened yesterday on South Le Jeune Road, offering fast-casual snacks like flatbreads and "Cuban-style" Pop-Tarts. The name is inspired by the Bored Apes Yacht Club collection of non-fungible tokens, or NFTs, digital works of art featuring drawings of apes. Source NFTs | OpenSea | News

🔫 National Basketball Players Association unveils metaverse experience with MeetKai MeetKai and National Basketball Players Association (NBPA) are launching their metaverse experience ahead of the NBA All-Star Weekend. Los Angeles-based MeetKai joined forces with Think450, an innovation partner for the NBPA, to build the metaverse experience for fans engage with their favorite NBA teams and players. Starting today, guests can enter the virtual space created with MeetKai’s metaverse platform on their mobile and desktop devices. Source NFTs | OpenSea | News

🖼 Empire State Building Unveils NFT-Powered Ambassador Program The globally renowned Empire State Building has introduced a groundbreaking NFT-powered Ambassador Program in collaboration with web3 loyalty platform Uptop and web3 wallet provider Magic. The program is centered around the Empire State Building Observatory Experience, owned and operated by the Empire State Realty Trust. It aims to seamlessly offer members complimentary experiences and digital collectibles in a visitor-friendly manner without the need for prior web3 expertise. Source NFTs | OpenSea | News

#Bitcoin analysis in the daily time frame: The price has crossed the important level of $47000 - $52000 and the next main target is expected to be the price of $70000 . Of course, before reaching this price, it is possible that the price will decrease to the specified level and then perform a good pump. @Altcoin_Charts

🔫 Magic Eden wallet introduces NFT minting feature, with a free Claynosaurz drop NFTs has typically required engaging with several tools and platforms. However, a fresh announcement reveals that users now have the streamlined ability to mint NFTs directly within the Magic Eden wallet. This simplification comes as a boon for NFT creators and collectors alike, and to mark this milestone, Magic Eden, in collaboration with Claynosaurz, is offering a free Open Edition NFT drop, exclusive to Magic Eden Wallet users. Source NFTs | OpenSea | News

🔫 Metaverse studio announces new launch into Asia's largest Metaverse Platform ZEPETO Karta, an award-winning Metaverse studio ‘pioneering’ the world of in-game experiential marketing, has launched its own studio dedicated to creating bespoke in-game experiences in ZEPETO, Asia’s largest Metaverse platform. Karta aims to bring its signature of “visually stunning” experiences and results-driven approach to the fashion-focused avatar platform, with the first project for a global major brand already in production. Source NFTs | OpenSea | News

🖼 DN404, a new hybrid NFT standard challenges ERC-404 A new non-fungible token standard, DN404, or “Divisible NFT 404,” has been introduced, challenging the ERC-404 standard with its innovative approach. This hybrid standard is poised to enable more flexible and efficient transactions within the NFT space, allowing users to own and trade parts of an NFT, according to the developer behind DN404. Source NFTs | OpenSea | News

🖼 SharkyFi Leads NFT-Fi Market with 88% Share SharkyFi’s dominance in the market is a testament to its robust platform, innovative features, and the trust it has garnered from users. Its platform lets NFT owners access funds without losing asset ownership, attracting many users. Behind SharkyFi, Citrus occupies the second position with a 9.5% market share. Although significantly smaller in comparison, Citrus has made notable strides in carving out its niche within the NFT-Fi space. Source NFTs | OpenSea | News

🖼 Pudgy Penguins NFTs Top $50K—Will They Flip Bored Apes? Ascendant Ethereum NFT project Pudgy Penguins now boasts a floor price within striking distance of once-dominant collection Bored Ape Yacht Club. At one point on Sunday afternoon, the lowest price one could pay for a Pudgy Penguins NFT rose to 21.5 ETH, or just over $54,850 at writing, according to data from NFT Price Floor. At that same moment, Bored Ape NFTs sold for a minimum price of 22.8 ETH—a sum worth just north of $58,000 at current prices. Source NFTs | OpenSea | News

🪙 Ethereum NFTs rally with EtherRock and BAYC leading sales Ethereum-native nonfungible tokens (NFTs) are starting to make a comeback, following growing NFT sales figures this week. Wrapped Ether Rock #46 sold for $496,658 on Monday, four days after Bored Ape Yacht Club (BAYC) #1726 was sold for $668,297, according to NFT data aggregator CryptoSlam. These represent the second and third-largest sales of the month, following the $1.53 million sales of CryptoPunk #5363 on Jan. 31. Source NFTs | OpenSea | News