Tag Archives: NFT

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

DeGods and y00ts – have announced their departure from Solana and revealed that they would be migrating to Ethereum and Polygon. The two top NFT projects on Solana anticipate moving to new chains in the first quarter of 2023, according to their respective updates on Twitter. The duo stated, “The details of the bridge will be released when it’s ready & tested. This has never been done before at this scale. We want to make sure that it’s airtight.” Despite a rocky launch in...

78% Of All NFT Sales in November Were Hosted on Ethereum Platform Ethereum is the undisputed leader when it comes to NFT sales. According to data from BanklessTimes.com, Ethereum accounted for 78 percent of the total NFT sales volume in December 2022. This demonstrates the growing popularity of Ethereum as a platform for NFTs and suggests that more creators are moving to the network to take advantage of its features, such as fast transaction times,...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Nonfungible Token (NFT) sales are still in the gutter since their boom in popularity last year – and FTX’s bankruptcy has done nothing to help their prospects.  Weeks after the exchange’s collapse, NFT volumes have plummeted to a 16-month low. According to data provided by Dappradar, NFT trading activity hasn’t seen such lows since July 2021, when OpenSea – the world’s largest NFT marketplace – was the only major trading venue in town.  Volumes soared close to $4 billion in...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Last Saturday alone, 255,000 Reddit Collectible Avatars were minted making it the highest single-day mints on the platform since launch.Over the last weekend, the social media platform Reddit hit a new milestone with the minting of collectible avatars on the platform. Last Saturday, December 3, Reddit witnessed a new all-time high in the number of Collectible Avatars minted in a single day.Since Reddit launched the collection earlier this year, more than 4.4 million collectible avatars have...

While China is seemingly encouraging the ownership of NFTs, NFT prices have been down in the wake of a wider market rout.A Chinese court in Hangzhou city has applied its property law to nonfungible token (NFT) collections. The court ruled that NFTs are like online virtual property and should be protected under Chinese law.While noting Chinese laws are not clear on the features of NFTs, the court moved to establish its legal attributes. According to the case report, “NFTs have the object...