Thursday, November 21, 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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Disney launches NFT platform, eye issues at ApeFest and NFT sales rise: Nifty Newsletter

In this week’s newsletter, check out Disney’s plans to release a nonfungible token (NFT) platform by the end of 2023 and find out why NFT sales volumes will likely continue their upward trend in the coming months. Read about China’s stance on NFT theft and why the CEO of Roblox

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Lookonchain reports whales are dominating the Ethereum market with big sales

In a Nov. 14 post, the cryptocurrency on-chain data analysis firm Lookonchain reports whale activity amid Ethereum price surge. Notable sales have included a $154 million profit for one whale and a loss of $183 million for another. Whale movement on chain In the thread, Lookonchain points to the whale at address “0xee47,”

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NFT market revives as major collections soar in sales and volume

Major NFT collections see increased demand as sales and trading volume soar across several networks.  As the crypto market rallied after a prolonged crypto winter, the non-fungible tokens (NFT) market also hints at a comeback — the trading volume of several major collections recording significant highs after months of steady decline.  According

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The Sandbox hopes to spur LAND sales using Black Mirror and The Walking Dead

Hoping to reignite interest in the virtual world, The Sandbox metaverse is launching a new virtual neighborhood called Cinerama. With Cinerama, users can sign up to buy and turn their digital properties into opportunities to collaborate, share ideas, and transform movies into immersive, interactive entertainment. There are over 400 digital land

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NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter

In this week’s newsletter, we dive into the dynamic world of nonfungible tokens (NFTs) and their impact on the digital landscape, as NFT sales have skyrocketed to an impressive $129 million in November, according to data from Nansen. Despite the surge in sales, OpenSea has laid off a substantial amount

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