Last year’s NFT gold rush marked the ascent of OpenSea into a $13 billion company, but its competitors have been increasingly capturing market share. A new report suggests the transition of a previously monopolistic non-fungible token (NFT) market into an oligopoly. OpenSea Faces Stiff Competition According to the latest edition of Binance’s Market Pulse, NFTs had a bad quarter throughout the board in Q3 of 2022. While OpenSea is still the leading exchange, the biggest...
Read More »Renovi and Aftermath Islands Partners to Launch First NFT Buildathon
Per the announcement, entries to participate in the buildathon will continue until January 9 2023, and the submissions will be judged by a panel of NFT and metaverse veterans.Renovi, a metaverse marketplace, and design studio has launched the first Non-Fungible Token (NFT) Buildathon in partnership with Aftermath Islands Metaverse Limited. As contained in a Press Release shared with Coinspeaker, the buildathon, dubbed the Next Top Metaverse Build will enable artists, architects, and entrants...
Read More »Twitter Partners with Major NFT Marketplaces to Launch New Web3-Focused Feature
Twitter alongside other social media platforms continue to play remarkable roles in the quest to get NFTs to be globally recognized and adopted.Twitter is working with notable NFT marketplaces such as Rarible, OpenSea, GuardianLink’s Jump.trade, and Dapper Labs to launch a cool new NFT feature. Called “tweet tiles”, the feature will allow Twitter users to share non-fungible tokens (NFTs) as well as call-to-action (CTA) collection objects on the platform.It should be mentioned that the “tweet...
Read More »Warner Bros Debuts Lord of the Rings NFTs in Partnership with Eluvio
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Read More »Tezos NFTs Are Now Available on Shopify through Taco Integration
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Read More »IRS Includes Digital Assets Category in IRS Tax Form Draft
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Read More »Bitcoin, Others Debut in Guinness Book of World Records
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Read More »Breaking Records: Anthony Hopkins NFT Collection Sellout Defies Bear Market
Defying a trend of decreasing NFT sales, award-winning actor Sir Anthony Hopkins has sold out his debut collection, “The Eternal Collection,” in just seven minutes. The record sale was announced by NFT design agency Orange Comet Inc. on Oct. 14. The firm, which worked with the octogenarian actor on the digital artwork, claimed that it was the fastest sellout in OpenSea history. The collection was originally announced in mid-August to celebrate the actor’s long and diverse...
Read More »CNN Discontinues Vault Web3 Experiment, Irks Dedicated Community
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Read More »UAE Is Home to Nearly 1,500 Active Web3 Organizations
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