Saturday, April 13, 2024
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NFT sales and pricing driven by luck, scarcity and optimism, according to studies

A trio of studies published in November may shine some light on the social and psychological factors that motivate movement in the nonfungible token (NFT) market. Across three independent studies, researchers from Western University in Canada, Tilburg University in the Netherlands, the University of North Carolina at Chapel Hill in the

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Magic Eden releases cross-chain NFT and crypto wallet

Magic Eden has announced the launch of a multi-chain compatible crypto wallet browser extension, aiming to simplify user interaction across different blockchains. Magic Eden, a leading player in the NFT marketplace, is taking a significant step towards a more integrated and user-friendly crypto experience with its upcoming crypto wallet browser extension.

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Axie Infinity unveils NFT monetization solution, merchandise

Axie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise. This announcement coincides with Sky Mavis, the game’s developer, launching a dedicated merch store for the Axie Infinity intellectual property. According

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User claims $11M in Blur token rewards at NFT marketplace’s season 2 airdrop

A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service (ENS) tag called “hanwe.eth” claimed a total of 22,851,000 Blur (BLUR) tokens in the season 2 airdrop

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MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter

In this week’s newsletter, read about the creator of a Mutant Ape Yacht Club (MAYC) knock-off pleading guilty to fraud charges, check out how OpenSea’s non-fungible token (NFT) users received a massive phishing email campaign, and how Bitcoin transaction fees flipped Ethereum network fees as the hype for Ordinals resurfaced.

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