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Tag Archives: OpenSea

Web3 Freedom? OpenSea Blocks Cuban Artists due to US Sanctions

In compliance with U.S. sanctions law, OpenSea – the world’s largest NFT marketplace – is delisting Cuban artist and collector accounts from its platform.  A recent statement from the company confirms previously held suspicions that its platform discriminates against Cuban users.  Compliance With Sanctions In an email received by Artnet News, an OpenSea spokesperson clarified that the company bars “sanctioned individuals, individuals in sanctioned jurisdictions, or services,”...

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Reddit Sees Minting of Collectible Avatars at All-Time High

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...

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Uniswap Announces Launch NFT Marketplace Aggregator

As NFTs gain interest from people across the world, it comes extremely difficult for the average cryptocurrency user to stay updated with the newest launches and announcements in the space.According to an announcement on November 30th, cryptocurrency exchange Uniswap users can now avail of trading services of non-fungible tokens via its indigenous protocol. As mentioned by Uniswap, the feature will primarily host NFT collectibles for purchase on platforms like OpenSea, X2Y2, LooksRare,...

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Uniswap Launches NFT Trading, $5 Million Airdrop Available for Claim

The decentralized exchange Uniswap enabled NFT trading on its platform by listing digital collectibles a part of leading marketplaces, such as OpenSea, LooksRare, Sudoswap, and more. The initiative comes a few months after Uniswap acquired the NFT aggregator Genie. The DEX revealed that as of today (November 30), its users could trade a variety of non-fungible tokens across major marketplaces. It also vowed to airdrop $5 million worth of USDC to previous clients of the NFT...

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Animoca Brands to Launch $2 Billion Metaverse Fund

Blockchain video game developer Animoca Brands aims at establishing a well-heeled specialized fund to facilitate metaverse projects. Animoca Brands plans to launch a $2 billion fund to invest in metaverse businesses, according to the company’s co-founder and executive chairman Yat Siu. In addition to focusing on digital property rights, Siu said that the Animoca Brands metaverse fund would develop the ecosystem. Furthermore, the Hong Kong-based game software, and venture capital platform,...

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BNB Chain NFT Support Added to OpenSea

OpenSea – the world’s largest NFT marketplace – is bringing NFTs based on BNB Chain to its platform.  The network’s collectibles will soon be available for listing and sale on OpenSea’s standard core marketplace.  OpenSea Meets BNB Chain Per a press release shared with CryptoPotato, OpenSea’s Seaport protocol will launch BNB Chain starting in Q4 2022. Benefits to BNB NFT creators will include real-time payouts, creator payouts, collections management, and other things.  “The...

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Crypto Winter Only Getting Worse but There’s a Positive: Tezos CEO

Kathleen Breitman – Chief Executive Officer of the blockchain platform Tezos – thinks the ongoing cryptocurrency bear market is nowhere near its end. However, she believes a “small minority” of useful crypto applications will survive the challenging times and “thrive” in the future. The End of the Crypto Winter not Close Despite the recent revival of the cryptocurrency market, Breitman argued that the sector is far from starting a new bull run. In her view, enthusiasm and...

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Transition in NFT Markets as Opensea’s Monopoly Diminishes: Report

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...

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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...

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