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Investments on the table for OpenSea’s new funding round would set its valuation to $10 billion, The Information reported, citing sources familiar with the matter.The marketplace for non-fungible tokens (NFT) has seen explosive growth in 2021. Trading volume on the platform was over $200 million in late August 2021 compared
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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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Decentralized search engine Presearch has integrated with OpenSea to build non-fungible token (NFT) searches into its platform.Presearch aspires to be a kind of “Google...for the Web 3 era of decentralization,” according to founder Colin Pape.Its aim for the integration with the world’s largest NFT marketplace is to streamline the way
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On November 10, 2021, Vogue Singapore, a team dedicated to fashion, beauty, and “stories that matter,” is launching a non-fungible token (NFT) drop on the marketplace Opensea. The drop will be the fashion and lifestyle magazine’s first NFT collection featuring digital-only Vogue covers crafted by NFT artists. Vogue to Drop the
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This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion in All-Time Sales NFTs have become very
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BusinessThe NFT marketplace said it fixed the loophole as soon as it was notified by a security firm, and that no accounts were compromised.By Will GottsegenOct 13, 2021 at 8:58 p.m. UTCUpdated Oct 13, 2021 at 9:00 p.m. UTCOpenSea NFT marketplace (Screenshot) Original Source
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In brief New NFT project, BitColors, wants to give users the ability to own and trade colors as NFT tokens. Just like with CryptoPunks, early adopters may be in for some massive ROI. NFTs are still such a big deal Following Beeple’s $69.3 million NFT sales in March, the digital art market appears to
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It’s somewhat disingenuous to argue, as one prominent influencer did this weekend, that NFTs are a “non-speculative on-ramp to get started” in crypto. An NFT is very clearly an asset with a resale value that rises and falls. It can be many things – an artwork, a fundraising vehicle, a
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On September 17, the largest non-fungible token (NFT) marketplace in terms of volume, Opensea, announced the launch of the platform’s mobile application. Opensea marketplace users can now access a wide variety of NFT collections on their smartphones by downloading the application from Apple’s App Store or the Google Play store.
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On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there publicly,” Opensea informed the public on
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