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Showing posts with the label nft

Loaded Lions Evolves From An Iconic NFT Drop To A Global Brand

The non-fungible token technology continues to revolutionize industries by redefining digital ownership and creating new economic models, extending beyond art into gaming, fashion, real estate, and intellectual property protection. In this article, we shall discuss the Loaded Lions, which has leveraged the untapped power of non-fungible tokens technology to become a global brand, roaring across every frontier. Loaded Lions NFT History Launched on November 23, 2021, the Loaded Lions is a non-fungible token collection, featuring a limited edition of 10,0000 algorithmically generated profile pictures launched by Crypto.com. Crypto.com is one of the leading cryptocurrency platforms and a non-fungible token market platform in Singapore, serving more than 150 million users. It’s known for providing more advanced trading tools on its exchange, along with Features like staking, yield farming, and NFT access, all within a secure environment. The Loaded Lions NFT project serves as the c...

Immutable Flips Ethereum In Daily NFT Sales Volume

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Immutable, a renowned Layer-2 scaling solution for Ethereum, has today emerged as the leading blockchain network in the global non-fungible token market, surpassing its parent network, Ethereum, in terms of daily trading sales volume. The immutable-based non-fungible tokens took the top spot in the digital collectible trading sales volume chart after surging 62% in the last 24 hours. Immutable Tops The NFT Market Chart Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that Immutable X is the leading blockchain net in the global non-fungible token market. In the past 24 hours, the Immutable X-based non-fungible token collections have amassed a trading sales volume of $5 million. During this period, its NFT trading sales volume has surged by 62% from the past day. Launched in March 2021, Immutable X is a Layer 2 scaling solution built on top of the Ethereum blockchain, specifically designed to...

Blue-chip Azuki Rises +50% In Daily NFT Sales Volume – Here’s Why

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The Azuki, a globally acknowledged non-fungible token collection, has seen its trading sales volume and floor price values skyrocket in the past 24 hours. The blue-chip Azuki has taken down some of the leading non-fungible token collections and become the most-traded NFT collection in the global NFT market. In this article, we shall explore some factors fueling the Azuki NFT growth. Blue-chip Azuki Rise +50% In Daily NFT Sales Volume Data compiled by CoinGecko.com, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, indicates that the Azuki NFT Collection has surged in training sales volume and floor price value. In the past 24 hours, the Azuki NFT collection has raised a trading sales volume of $4.7 million. During this time, the Azuki NFT sales volume has risen 55% from the previous day. During this period, the blue-chip Azuki has seen its floor price rise to new heights. Earlier this morning, the Azuki NFT floor has risen from 10.70 ETH to 12...

NFT Sales Soar In Q4, 2024, Up Over 95% From Q3, 2024

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The general crypto market, spearheaded by the flagship crypto assets Bitcoin and Ethereum, has seen a meteoric rise in 2024. In tandem with the recent crypto market increase, the sales volume of non-fungible tokens surged by 96 percent from the previous quarter. In Q4, 2024, the NFT sales volume surged to over $2.2 billion, a 96% increase from the $1.12 billion in Q3, 2024. Data compiled by Tiexo.com, an on-chain non-fungible token collection explorer and an analytic hub, shows that the global non-fungible token market has surged again in sales in Q4, 2024. In the past 90 days, the global NFT market has attracted a trading sales volume of over $2.2 billion, representing a 96% surge from the previous quarter. The NFT market has risen nearly two-fold on quarter-over-quarter. NFT Market Health In 2024 The non-fungible token market has been a roller coaster in 2024. It started the year 2024 healthy, reaching $4.1 billion in Q1, 2024. In February 2024, the NFT sales climbed to just over...

Trump-related crypto wallet cashed out $2.4m worth of ETH

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According to on-chain data, a crypto wallet associated with the former U.S. president has transferred millions of dollars worth of Ethereum to Coinbase. An Ethereum wallet, which has been accumulating royalties from Donald Trump‘s NFT collection for months, has started moving the funds to the centralized crypto exchange. According to Arkham Intelligence, the wallet has transferred 1,075 ETH (around $2.4 million at the time of the transaction) to Coinbase. Looks like Donald Trump is selling his ETH. 3 weeks ago he started sending ETH to Coinbase after months of accumulating Trump NFT royalties. His peak balance was $4 million. Based on the deposits, so far he's sold 1,075 ETH for $2.4 million. pic.twitter.com/JZzA3cS2je — Arkham (@ArkhamIntel) December 27, 2023 While the purpose behind transferring the funds to Coinbase remains unclear, data suggests that the Trump-associated wallet still holds multiple cryptocurrencies valued at over $2.2 million. You might a...

Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik

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The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap. The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report from blockchain security firm Certik. The project ’s deployer account called the ‘withdrawToken’ function on both the NFTMerge and AdwardCenter contracts, removing over $1 million in LSC from them. These tokens were then swapped for Binance USD (BUSD) stablecoin and sent to another account. #CertiKSkynetAlert We can confirm an exit scam on @AstrAstrol75591 LSC token Bsc: 0x2b3559c3DBdB294cbb71f2B30a693F4C6be6132d EOA 0x9Ef withdrew LSC tokens from the AwardCenter contract. Tokens were then sold for $1.1mhttps://t.co/sy7vFfqhf5 — CertiK Alert (@CertiKAlert) October 9, 2023 Lucky Star Currency is a project that focuses on NFTs and claims to be founded by astrologists. Its contracts include an Award Center and NFT Mar...

Sci-Fi NFT comic book project lays the foundation for CCG development

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DAO members vote and decide on the future of the story by minting, collecting and crafting panels and pages of comic book issues. The year is 2142 AD. A dystopian future controlled by corporations is rocked as the last Bitcoin (BTC) is mined, and Satoshi Nakamoto’s long-dormant wallet is awakened and used to dismantle their control. The physical, virtual and astral realms are all disrupted as entheogen spirits, angels and demons battle it out while artificial intelligence (AI) fights AI to liberate conscious entities in the Metaverse. That is the scene-setter for a nonfungible token-powered (NFT) comic book project spearheaded by an ambitious team of former game developers from Serbia. The Web3 platform marries the ever-popular collectibility of comic books with the world of NFTs to establish the lore of a virtual tabletop RPG board game that is in pre-production. DuÅ¡an Žica, CEO and COO of 2142, jumps straight into the project's premise in an exclusive interview with Cointelegrap...

Trump reveals crypto and NFT holdings

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Freshly uncovered documents revealed that former President Donald Trump is capitalizing on the non-fungible token (NFT) surge, with Ethereum holdings potentially reaching up to $500,000. Unveiled financial data reveals a substantial involvement in cryptocurrencies, intertwined with a thriving NFT venture. Financial disclosures indicate Trump’s Ethereum wallet boasts a substantial balance ranging from $250,000 to $500,000. This venture into the realm of NFTs materialized post-presidency. Notably, Trump enjoyed success with his limited edition $99 trading cards, portraying him in many scenarios — from hunting attire to superhero guise — early on. Both releases were swiftly sold out, amassing a staggering $8.9 million in total revenue, even though they were called out for using copyrighted images without permission. Since then, the value of the NFTs has declined. See below for data from Coin Gecko. You might also like: Arkham unveils Terraform’s and Do Kwon’s secret h...

NFT gas usage drops, Ordinals nonprofit launches: Nifty Newsletter

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An NFT trader who noticed a bot was copying his trades tricked the bot out of 800 ETH, worth around $1.5 million. In this week’s newsletter, read about how the team behind Bitcoin Ordinals plans to drive the development of nonfungible tokens (NFTs) on Bitcoin and find out why metaverse platform The Sandbox requires Know Your Customer (KYC) checks for staking. In other news, learn why NFT gas usage is on a downward trend, and don’t forget this week’s Nifty News, featuring an NFT trader tricking a bot and bagging $1.5 million in profit .  Bitcoin Ordinals team launches nonprofit to grow protocol development The team behind Bitcoin Ordinals has launched a nonprofit aiming to boost the development of NFTs on Bitcoin. Dubbed the Open Ordinals Institute, the nonprofit will provide funding for Ordinals developers. The Bitcoin Ordinals protocol was launched in January, and it rapidly became one of the most popular trends in crypto. Users rushed to inscribe their assets like NFTs and Bitcoi...

NFT gas usage shows downward trend, signals shift in landscape

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Despite a surge in Ether gas prices in May, NFT marketplaces only accounted for 3% of the entire Ethereum gas consumption. Ethereum gas consumption by nonfungible tokens (NFTs) has dropped significantly since its high in 2021. NFT marketplaces and projects that occupied top spots in gas consumption at the time have declined sharply in the past two years. Data shared by the on-chain analytics platform Glassnode shows that gas usage by NFT marketplaces is currently on a downward trend . This indicates a possible shift in terms of NFT use, where more users may be opting to hold on to their assets instead of trading them on marketplaces. Etherscan’s top 10 contracts or accounts consuming gas on Aug. 4, 2021. Source: The Wayback Machine In 2021, NFTs were leading the charts in terms of Ethereum gas usage, according to blockchain explorer Etherscan. On Aug. 4, 2021, NFT gaming project Axie Infinity placed second in terms of gas usage due to its Ronin bridge, which transfers assets from ...

McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter

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The creators of the popular NFT game Axie Infinity announced a partnership with NFT collection CyberKongz to migrate the Play & Kollect game to Ronin. In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are interested in trying out Web3 games, and why Axie Infinity creator Sky Mavis is partnering with NFT collection CyberKongz to develop a new game. And don’t forget this week’s Nifty News, featuring an NFT image of Ethereum co-founder Vitalik Buterin. Reddit engineer shares strategy behind NFT onboarding at EthCC At the recent Ethereum Community Conference (EthCC) event, Reddit’s senior engineer Mirela Spasova shared how the online forum platform onboarded millions to its NFT avatars. Spasova highlighted that the motivation behind the project was empowering users with freedom of use. By making the collectible p...

Popular NFT collections take massive price hit in 2023

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Investments in top NFT projects such as Doodles, Invisible Friends, Moonbirds and Goblintown have lost up to 95% of their value in Ether. Some of the most sought-after nonfungible tokens (NFTs) of 2022 have taken a massive hit in value over the past year. The trend mirrors the depreciating value of metaverse properties in 2023, which were considered top virtual lands for investment in 2022. Investments in top NFT projects, including Doodles, Invisible Friends, Moonbirds and Goblintown, have lost up to 95% of their value in Ether (ETH). The value of blue-chip NFT collections alone has fallen down by over 40% on average. The biggest NFTs of 2022 have had a TOUGH 2023. Doodles... 23 ETH 2.3 ETH Invisible Friends... 8 ETH 1.15 ETH Moonbirds... 32 ETH 2 ETH Goblintown... 6 ETH .26 ETH pic.twitter.com/5Fr9BMhmkg — HashBastards NFTs (@HashBastardsNFT) May 21, 2023 Data from NFTGo shows that the Blue Chip Index went down to 7,446 ETH from its yearly high of 12,394 ETH back in July 202...

NFT.NYC: Play-to-Earn is not dead, but game publishers are looking for alternatives

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Cointelegraph team was on the ground in New York to bring exclusive insights from the NFT event. The Play-to-Earn (P2E) business model may not be dead, but game publishers and developers are exploring alternatives to replace it, according to a panel at the NFT.NYC 2023. Cointelegraph team was on the ground in New York to bring exclusive insights from the NFT event.  According to the CEO of gaming platform OP Games, Chase Freo, companies that branded themselves as P2E are shifting their strategy amid the crypto prices downturn. "It's a model that is not sustainable at all," he noted, citing Axie Infinity's shift in some of its flagship titles as an example. From left: Chase Freo, Minoru Yanai, Paul Flanagan, and Paul-David Oosthuizen at the NFT.NYC 2023. Source: Cointelegraph Minoru Yanai from Minto, a Japanese manga and anime design company, said that game companies are now "looking at play and fun, and sometimes earn or swap," adding that players can stil...

Nifty News: Gucci to drop Otherside pendants, Jack Daniels taps AR, Web3 and more

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Jack Daniels is dropping digital collectibles in an AR game, while FIFA launched an AI-football simulation game that will eventually ship NFT integrations. Otherside holders get dripped out in Gucci Luxury fashion giant Gucci has designed a limited edition pendant for Yuga Labs’ Otherside metaverse that will come in both physical and nonfungible token (NFT) forms. Gucci’s silver jewelry piece is dubbed the “KodaPendant,” and will drop on April 6 for hodlers of the Koda or Vessel NFTs, which essentially function as either creatures or avatars in Otherside. Koda and KodaPendant NFT artwork. Source: Yuga Labs The physical chain itself is 50cm long, with a Koda-shaped pendant engraved with “GG.” There will be 3,333 in total on sale for 450 ApeCoin (APE) a pop, worth roughly $1,930 at current prices. Once the NFTs are purchased, their Koda or Vessel NFT metadata will be updated with a KodaPendant trait, resulting in a physical update to the token’s associated animated character. Introducin...

NFT investor accidentally burns CryptoPunk: Nifty Newsletter, March 22–28

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While trying to wrap his CryptoPunk to borrow money, an NFT investor accidentally sent the asset to a burning address, permanently removing it from circulation. In this week’s newsletter, read about Sony filing a patent for a nonfungible token (NFT) framework for games, and how executives believe that Grand Theft Auto (GTA) and Minecraft developers may change their minds on blockchain technology. Learn how an NFT collector accidentally burned a CryptoPunk worth $135,000 while trying to borrow funds, and find out about Disney reportedly sacking its metaverse division. In other news, His Majesty’s Treasury in the United Kingdom has dropped the Royal Mint NFT project.  Sony eyes NFT transfers across multiple game platforms, reveals patent Sony has recently filed a patent for an NFT transfer framework across multiple game platforms. This new addition to Sony’s preparations to enter crypto integrates NFTs into gameplay. With this, NFTs can become skins or other in-game functions and items....

eBay NFT platform KnownOrigin launches creator smart contract

The creator contract beta release has been tested by users, with 84 contracts deployed and 250 NFTs minted so far. According to a new twitter post on Feb. 16, e-commerce platform eBay's nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator Contract beta release for the past few weeks, with 84 contracts thus far deployed and 250 edition of NFTs minted. From Feb. 24 onwards, all approved creators on KnownOrigin will be able to deploy and mint work on their own contract for public release. Deployment will not require coding knowledge. Last June, KnownOrigin was acquired by eBay for an undisclosed sum. According to its co-founder David Moore, the Ethereum (ETH) based platform seeks to "empower creator s and collectors by giving them the ability to showcase, sell and collect uni...

Here’s a list of countries that love the metaverse the most

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56.8% of metaverse-related tweets coming from Vietnam were positive sentiments that show support for the concept. A recent analysis of more than a million tweets showed a list of countries that love and hate the metaverse, with Vietnam showing the most love for the concept and Ireland topping the opposite side of the spectrum.  Crypto data website CoinKickoff analyzed 1.6 million tweets from different parts of the world to determine which countries are in favor of the metaverse concept and which countries oppose it. The results showed that Vietnam topped the in-favor list, with 56.8% of the metaverse tweets coming from the Southeast-Asian country being positive. East-Asian countries were generally positive toward the concept. Apart from Vietnam, the Philippines, Ukraine, Nigeria and Indonesia also made it to the top countries in support of the metaverse. List of countries in favor and against the metaverse. Source: CoinKickoff Meanwhile, Ireland was on top of the list of countries wi...