In a notable development within the digital assets market, the Ethereum Non-Fungible Token (NFT) collection Moonbirds has witnessed a significant upswing in both value and trading volume late Friday afternoon. This surge follows the announcement that Yuga Labs, the creators behind the Bored Ape Yacht Club, have acquired the intellectual property rights for the Moonbirds
GameStop is terminating its NFT marketplace launched in 2022, citing regulatory uncertainties in the cryptocurrency sector. The closure of the GameStop marketplace is scheduled for February 2, 2024. After already abandoning its crypto wallet last August, this closure marks an almost total withdrawal of GameStop from the crypto space. GameStop announced the closure of its
Magic Eden launches its points program: Magic Eden launches “diamond” rewards program. The program kicks off with a “Retroactive Diamond Drop” to reward Solana users, scheduled for February 2. Magic Ticket holders will be included in the rewards system, with more details to come. A new rewards program for Magic Eden Magic Eden recently announced
Although they have been around for several years now, non-fungible tokens have been the talk of the town since the start of 2021, when historic sales were recorded on this market, and made headlines in the media. This craze is mainly focused on the art market, thanks to the unprecedented contribution of NFT technology: each
NFT trading cards are a new form of digital collectible that are becoming increasingly popular. NFT stands for non-fungible token, which means that each NFT is unique and cannot be exchanged for another item. These NFT trading cards can take a variety of forms, such as graphics, audio files, video clips, GIFs and more. NFT
Have you bought an NFT from the latest fashion collection and want to know how rare it is? Do you want to unearth a nugget at a low price with all the information you need? Let’s answer the question: what makes an NFT rare? The attributes of a rare or common NFT Taking the case
NFT staking: a new opportunity to generate passive income The market for non-fungible tokens (NFTs) has grown rapidly in recent months, attracting investors, artists and collectors alike. NFTs are often considered collectibles or digital works of art, but there’s now a new way to use them: NFT staking. This practice enables NFT holders to lock
The NFT market is booming, as are certain deceptive activities. Wash trading is a case in point, and is causing quite a stir in the ecosystem. The latter is a market manipulation tactic that exploits the culture of FOMO. Unfortunately, this practice not only hurts traders, it also damages the integrity and reputation of the
Dynamic non-fungible tokens (NFTs), which can evolve thanks to smart contracts and the conditions encoded by their creators, constitute a sub-category of NFTs. Unlike conventional or static NFTs, dynamic NFTs can adapt to information from the outside world and reflect it in real time, offering unprecedented flexibility. Dynamic NFT: an evolution of static NFT Static
A term that once belonged squarely to the realm of science fiction, the metaverse is now at the forefront of technological innovation, poised to transform everything from social interaction to commerce, education, and beyond. But what exactly is the metaverse? How does it work, and what could it mean for the future of our digital
