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A survey of 81 nonfungible token (NFT) collections on the Ethereum blockchain showed a sharp overall loss in market capitalization in 2022, according to a report from DappRadar released Feb. 9. Losses were not evenly distributed, however.The Ethereum NFT market was worth $9.3 billion at the beginning of 2022, according
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Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five NFT collections, in terms
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Creators who mint NFTs on Polygon can now create their own collection-specific storefront for free using Rarible’s infrastructure. Utilizing the platform’s native aggregation tool, creators can also include tokens listed across other secondary marketplaces. Source
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Nonfungible token (NFT) marketplace Rarible has announced the launch of a marketplace builder that lets artists and projects customize a marketplace for their NFT collections based on Polygon. In an announcement sent to Cryptox, Rarible highlighted that the new tool will allow various customization options, such as royalty fee adjustments and
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Yuga’s upcoming mint is free to holders of Bored Apes or Mutant Apes, pushing both collections to top spots on OpenSea on Thursday. Source
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NFT marketplace OpenSea has announced it will continue to enforce royalties across all collections going forward, following an outcry from creators earlier this week for considering otherwise. On Nov. 7, OpenSea announced they were launching an on-chain tool allowing creators to enforce royalties for any new collections on the platform but
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Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the week prior. Over the last seven days, out of 889,499 NFT transactions, NFT sales volume reached a total of $170.48 million this past week. Art Gobblers and
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According to data from secondary non-fungible token (NFT) marketplace OpenSea, Reddit NFT collections edged out popular blue chip projects over the past several hours. Spooky Season, a series of collectible avatars created by Reddit user poieeeyee, currently has a trading volume of 538 ETH (approx. $760,000) – putting it just
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EU national governments felt that including NFTs in MiCA would be an unjustified extension of a bill originally designed to protect investors in stablecoins and initial coin offerings. But lawmakers from the European Parliament, who also had to sign off on the legislative deal, were more hawkish, arguing the NFT
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NFT strategy game Dragon War has confirmed a partnership with Magic Eden, Solana’s fast-growing NFT marketplace. As part of the deal, the play-to-earn project will make Magic Eden its preferred INO launchpad, with 5,000 non-fungible tokens (NFTs) set to go live on the site on May 16, 2022. For the past
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