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Tag Archives: OpenSea

OpenSea Compensates Affected Users with Over $1.8 Million Following Exploit

In light of mounting criticism and complaints from the crypto community, one of the largest NFT marketplaces, OpenSea, has reimbursed about $1.8 million to users who were affected by the recent hack on its platform. On January 24, 2022, some OpenSea users saw their valuable NFTs sold at rock-bottom prices by hackers who leveraged a flaw on the OpenSea listing process to purchase those NFTs at almost 98% discounts and subsequently resell them for much higher. The OpenSea...

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Edtech company rewards language tutors with NFTs as Crypto influences initiatives for online learning

Edtech company rewards language tutors with NFTs as Crypto influences initiatives for online learning Edtech e-learning site Preply has minted 3 NFTs on Opensea to reward their most loyal tutors of 2021. Calculated by most-hours taught, the top tutor in EN, FR, and ES were awarded with the tokens. These top tutors have spent a combined 10,000 teaching hours on the site. Preply will be adding perks in months to come for the holders of their...

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OpenSea Scores ATH of $3.5B in Monthly Ethereum Trading Volume

The popular NFT auction marketplace, OpenSea, has surpassed the $3.5 billion mark in monthly Ethereum trading volume. OpenSea Hits New High According to the latest chart by Dune Analytics on January 17, OpenSea has already clocked in $3.52 billion in terms of monthly Ethereum trading volume, even with two more weeks to go until the conclusion of this month. The platform’s daily trading volume has oscillated between $169-$261 million throughout January. With the latest...

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Bored Ape Yacht Club Surpasses $1 Billion in Total Traded Volume on OpenSea

Bored Ape Yacht Club (BAYC) – one of the most popular NFT collections in existence – has reached $1 billion on sales on OpenSea’s marketplace. According to on-site statistics, the collection has generated an all-time trading volume of 298 265k ETH. WIth ETH trading at about $3,800 at the time of writing, that’s effectively over $1.13B in Bored Ape sales. There are ten thousand Bored Apes available, distributed across about six thousand holders. Some apes have traded for...

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How to Mint Your First NFT on OpenSea? A Step-by-Step Guide

Non-Fungible Tokens (NFTs) are becoming an essential part of the digital landscape. They are unique and non-interchangeable crypto assets issued on the blockchain, and the most popular ones are on Ethereum and Solana. As of 2022, their market has grown from $350 million to roughly $15 billion in just one year. Quick Navigation Unlike standard tokens, NFTs are non-interchangeable. They serve as digital representations of items, such as artworks, images, videos, or anything...

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The Sandbox – virtuelle Realität der Zukunft

Die Idee eines „Metaverse“ existiert nicht erst seit kurzer Zeit, aber ist momentan in aller Munde. Erstmals wird dieser Begriff von dem Autor Neal Stephenson in einem seiner Science-Fiction-Romane im Jahre 1992 erwähnt. Von Stephenson wird das Metaverse als virtueller Raum beschrieben, der getrennt von der tatsächlichen Realität existiert. Viele Firmen und Investoren gehen bereits die ersten Schritte in Richtung Metaverse, so auch Mark Zuckerberg, welcher mit der Umbenennung von Facebook zu...

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Was sind NFT? Durch Non-Fungible Tokens werden Kunstwerke fälschungssicher

Nicht-fungible Token (NFTs) scheinen in diesem Jahr aus dem Äther zu explodieren. Während Bitcoin als die digitale Antwort auf die Währung gepriesen wurde, werden NFTs jetzt als die digitale Antwort auf Sammlerstücke angepriesen. Es gibt jedoch viele Skeptiker, die das Ganze für eine Blase halten, die bald platzen wird. Andere sind der Meinung, dass NFTs nicht mehr wegzudenken sind und dass sie das Investieren in Zukunft neu gestalten werden. Was genau ist ein NFT? NFT steht...

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