NFTs & DeFi 🗓

🖼 NFT Lending Market Top $2 Billion in Q1 2024 The latest report by NonFungible.com highlights a big milestone in the NFT lending world. In the first part of 2024, the market hit over $2 billion in volume, showing a 44% increase from the end of 2023. The quick rise is catching the eye of investors and NFT owners alike. It is quite easy to use your NFTs to secure a loan. Platforms for lending let users lock up their NFTs and get a loan in return. This means they can access cash without selling off their precious digital assets. Source NFTs | DeFi | News

🖼 NFT lending volume surpass $2 billion in Q1 as holders search for liquidity The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report. Source NFTs | DeFi | News

🖼 Crypto Champion Launches Today with New NFT Features Crypto Champion, a web3 mobile and browser-based game, officially launches today after nearly three years of development. The game incorporates a dual-token system and features arena battles with five races to choose from — Undead, Elite Military, Cyberpunk, Western, and Fantasian — each with distinct traits and abilities. Crypto Champion also includes a pet system that players can evolve into NFTs to be traded or sold. Source NFTs | DeFi | News

🖼 Trust Wallet Partners with GoMining to Introduce the NFT Collection Trust Box Trust Wallet, a well-known web3 gateway and crypto wallet, has announced an exclusive partnership. The company says that it is integrating with GoMining (a prominent NFT platform) to introduce an exclusive NFT collection named Trust Box. On its official X account, the company revealed the latest announcement of the partnership. Source NFTs | DeFi | News

🖼 Indie Gem ‘Crystal Armada’ Soars into the NFT Space A visionary indie game development team is inviting players to fleet command in ‘Crystal Armada – Rise of Terra‘, a game that redefines strategic space engagement with its unique simultaneous turn-based execution system. Set against the backdrop of a galactic crisis, Crystal Armada offers an innovative approach to space battles, blending turn-based strategy with real-time action. Every move is meticulously planned, every outcome considered, crafting a thrilling dance of destruction where cunning and tactics are as vital as the might of your fleet. Source NFTs | DeFi | News

💰 Polygon NFT Activity Rebounds in April, Driven by Dew NFT activity on Polygon has gained traction in April. CryptoSlam data shows that the number of unique buyers of Polygon-based NFTs surged on April 18 to the highest level since June 2023. Over 36,000 NFT purchases were recorded on that day. Polygon ranks fourth among blockchain networks by NFT trading volume after Bitcoin, Ethereum, and Solana. As we reported via X, Dune data compiled by Sealaunch shows that Polygon NFT sales maintained above $1 million for seven consecutive days to April 18. Source NFTs | DeFi | News

🖼 Louis Vuitton Bestows €7.9K Jacket by Pharrell to NFT Holders Casting a spotlight on the NFT space yet again, Louis Vuitton recently introduced a premium western-inspired leather jacket accompanying an Ethereum-based NFT collectible dubbed ‘Varsity Blouson’. The apparel boasts suede buckskin, shimmering fasteners, and an intricately embroidered emblem, encapsulating the current enthusiasm for “cowboy fever”, as per Vogue, and the high-end collector’s market. Source NFTs | DeFi | News

🖼 Damien Hirst Launches Chainlink Price Index for NFT Project Damien Hirst’s first non-fungible token (NFT) collection is getting a dedicated price index courtesy of Chainlink, a crypto network and data provider. When Hirst – the British artist best known for wildly expensive works involving taxidermied sharks and diamond-studded skulls – released “The Currency” last year, the project took most of its cues from other popular NFT collections. Like CryptoPunks or the Bored Ape Yacht Club, “The Currency” consists of 10,000 images with slight variations. Source NFTs | DeFi | News

🖼 Telegram Plans to Transform Stickers and Emojis as NFTs on TON Telegram, the popular instant-messaging platform, announces its plan to tokenize stickers and emojis, transforming them into NFTs on the TON blockchain. This move follows Telegram’s recent tokenization of usernames and anonymous numbers, which allowed users to claim up to 95% of sales revenue. By extending tokenization to stickers and emojis, Telegram aims to further integrate the app with the TON blockchain, leveraging its scalability and further provide communication solutions to its expansive user base. Source NFTs | DeFi | News

🖼 Crypto Trading Game Banksters Concludes Airdropped NFT Contest With Its Mainnet Launch The educational NFT-based crypto trading game Banksters has celebrated the upcoming launch of its Mainnet with a new airdrop that rewards its most active and best performing players. The event ran from April 3 to April 17, and ended up with the 1,000 highest-rated Banksters’ players receiving an airdropped NFT showcasing various traits and levels of rarity. The NFTs were valued at a combined 100,000 USDT. ‘ Source NFTs | DeFi | News