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Royal pain: NFT creators are making less money from secondary sales than they have in two years, according to a report from data analytics platform Nansen. Royalty payments hit their peak in April 2022, reaching 28,000 ETH (nearly $76 million) for creators in one week. Meanwhile, June’s best week saw
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Why has Yuga Labs’ Bored Ape universe collapsed in value? Source
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The new secondary art NFT marketplace by Sotheby’s also pays royalties from sales directly to the artists, from payments made by collectors. Sotheby’s has launched an on-chain non-fungible token (NFT) marketplace that facilitates the sale of secondary digital art items. According to Decrypt, the New York-based auction house now supports secondary NFT sales, allowing
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Proof’s Grails III is the third iteration of its mystery NFT compilation series. In February 2022, Grails I dropped, with work from entrepreneur Gary Vaynerchuk, CryptoPunks and Meebits creator Larva Labs and generative artist Tyler Hobbs. The next edition, Grails II, was released in August and featured works from Art
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As trading becomes increasingly difficult during the bear market, a nonfungible token (NFT) platform aims to lighten the load on traders and help them get a closer look at the strategies of successful collectors. In an announcement sent to Cryptox, NFT platform Upshot said that it launched Upshot GMI, a tool
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These days it seems that everybody and their mother is either launching an NFT project or aping into one. Many well-known artists are getting wealthy off of their collections and sewer traders. NFT art is a very community-driven, and creative pursuit. With so many different collections taking off, wouldn’t it be
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As the ETHDenver developer conference gets underway, the incubator ConsenSys Mesh told Cointelegraph that it's planning a Friday announcement regarding a new addition to its portfolio. The team will debut details about TreeTrunk, a nonfungible token, or NFT, platform that aims to eliminate the risk of centralized platforms failing to
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The most popular trend of 2021, NFTs, took off ever since the legacy auction house Christie’s sold digital artist Beeple’s artwork for an eye-watering $69 million. Non-fungible tokens (NFTs) have changed the way we think of ownership and unlocked new financial opportunities for creators. While the hype continues to rise to
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In 2021, non-fungible tokens (NFTs) have been extremely popular and have become a billion-dollar industry this year. There’s been a number of NFT marketplaces and collections that have seen a massive number of sales and individual digital collectibles have sold for millions. The NFT hype has also caused significant demand
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Crypto Twitter nonfungible token (NFT) influencers have been relatively quiet over the past two weeks as trading volumes on OpenSea dropped to a three-month low and analysts critical of the emerging sector say a bear market is at hand. While overall sale volumes do pale in comparison to previous months, certain
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