AMC Theatres on December 6 announced that AMC will now offer a second NFT to all AMC investor Connect Members to be delivered to the Worldwide Asset Exchange. This was after a favourable public response to a movie-themed NFT offered exclusively to AMC ticket buyers a week prior. This movie-themed
Recently, an artist called Pak sold 250,000 NFTs for $91.8 million on Nifty Gateway. Globally, this sale has been hailed as a revolutionary one. Between December second and fourth, Nifty Gateway offered Pak 'The Merge,' which was Pak's last project. It was offered as
As seen by previous week's NFT and metaverse transactions, digital land has been in great demand in what can only be described as a lucrative market. NonFungible.com, an industry-standard metrics platform, reports that over $300 million in NFT sales were made in the previous week. The Sandbox
According to Saxo Bank, as popular music streaming services like Spotify slash musicians' earnings, new technologies like nonfungible tokens (NFT) are expected to help artists reclaim their due share. Furthermore, music composers would benefit from NFT-based streaming services, according to one of Saxo Bank's "Outrageous Predictions
The majority of NFT transactions so far this year have come from retail customers, according to Chainalysis. In contrast, collectors and institutions have pushed the largest quantities. According to Chainalysis, more than 80% of all nonfungible token (NFT) transactions were valued at less than $10,000 in 2021. They were
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NFTs have opened up a whole new dimension of the economy, with the unique tokens representing digital art and other media. But is this all that is to the tokens? And what about the true ownership of not only the tokens but what finances it brings to the table? We
A huge percentage of NFT and metaverse investments over the past week were on virtual land. According to data from NonFungible.com, investors spent a whopping $300 million on NFTs over the past week, and almost a quarter of this figure was spent on The Sandbox metaverse land. Popular decentralized
An NFT collector known as “P-Ape” has spent a whopping $450,000 on a virtual land on The Sandbox. Over the past week, The Sandbox, a virtual metaverse that allows players to play, build, own, and monetize their virtual experiences, announced that some plots of lands in the “Snoopverse” would
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In 2021, the NFT market experienced a huge boom, and more projects entered the market every day. In fact, Reuters reported that the NFT sales volume within the first half of the year surged to $2.5 billion. It further goes to show the growth of the NFT market and
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Unlike most nascent trends in the crypto space, non-fungible tokens [NFTs] have experienced an unprecedented rise in interest, partly by dint of the recent collaborations, projects, and celebrity entry into the space. With over $10.7 billion worth of NFT collections sold in the third quarter of 2021 alone, the
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The NFT sector is still in its early phases, and it is anticipated to grow into a multi-billion dollar industry over the next several years. The near-infinite possibilities of the technology are fueling analysts' optimism. Unlike cryptocurrencies, which are fungible tokens, each NFT is a unique individual token, or
To crown the amazing year non-fungible tokens (NFTs) are having, the Collins Dictionary has picked “NFT” as the most important word of 2021. It is quite obvious that the NFT frenzy has spread like wildfire this year, and not even Ethereum gas fees and environmental FUD could derail its growth.
Ethereum based play-to-earn NFT game Axie Infinity has launched a staking program for its native token Axie Infinity Shards (AXS). According to the Sept. 30 announcement, holders of the AXS token can begin staking their digital assets, even though the rewards will be activated in 24 hours to ensure that
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Hakuna Matata, a CertiK-audited project on the Binance Smart Chain (BSC) combining investing with altruism, has successfully raised $600k in their recent private sale. Hakuna Matata Raises $600k in Two Days, Listed at LBANK In the recent press release, Hakuna Matata LTD said the private sale of its HKUN BEP-20
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CricketCrazy.io has seen the value of its assets grow drastically in CRIC value in the first month of launch. The gamification and rewards set up for each of the challenges announced has seen a great engagement and a return to fans and investors who participated on the platform. These
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The non-fungible token (NFT) market has been growing at an alarming rate, hence attracting more projects into the marketplace. According to a report on Nasdaq, the NFT market did about $330 million in sales volume in 2020. However, the global collectible market is valued at $370 billion. Meanwhile, in 2021,