Auto Added by WPeMatico

WSJ says ‘the NFT market is collapsing’ but the data says otherwise

An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a consolidation is instead taking place.

Continue ReadingWSJ says ‘the NFT market is collapsing’ but the data says otherwise

Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week

Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital…

Continue ReadingGlobal Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week

Former Nintendo President Believes Gaming Experiences Could Benefit From Blockchain And ‘Play to Earn’ Models

Reggie Fils-Aimé, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when applied to the gaming industry. The executive declared that…

Continue ReadingFormer Nintendo President Believes Gaming Experiences Could Benefit From Blockchain And ‘Play to Earn’ Models

ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%

The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues…

Continue ReadingETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%

The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million

On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token…

Continue ReadingThe Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million

Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs

Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team…

Continue ReadingIce Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs