nft market

NFTFN, a prominent player in web3 fintech, has launched the much-anticipated presale for its native token, the NFTFN token. Despite being in its early stages, the presale has generated significant buzz within the crypto community, attracting both crypto enthusiasts and investors. This surge in attention raises the question: what makes NFTFN such a compelling project? As a leader in web3 fintech, NFTFN aims to tackle critical hurdles hindering the NFT market’s growth. These hurdles include high entry barriers…

Yuga Labs Inc. helped popularize nonfungible tokens with its Bored Ape Yacht Club collection, first introduced two years ago. The cartoon illustrations of slack-jawed primates, decorated with various accessories and expressions, sold for millions of dollars at the peak of the NFT frenzy last year. Now the bloom is firmly off the NFT rose, as it is with most things linked to cryptocurrencies these days. But for Daniel Alegre, the former Activision Blizzard Inc. executive who joined Yuga as chief executive officer last…

Former Barclays Plc bond traders Ovie Faruq and Mike Anderson have sold a collection of iconic digital art that triggered their departure from banking and their pursuit of careers in nonfungible tokens. Faruq and Anderson sold 72 Bored Ape Yacht Club NFTs for between 78.08 and 78.18 Ether each this week, which translates to roughly $9.25 million, according to transactions recorded on NFT marketplace OpenSea. Faruq said the initial investment was around $1.14 million, which would make for at least 700%…

It's alive! The NFT market is twitching out of its torpor, defying reports of its demise.Total NFT sales on the ethereum blockchain - which hosts most trading - jumped to $780.2 million in January from $546.9 million the month before, according to market tracker CryptoSlam. Digital art collectibles were among the big hits. "Bored Ape Yacht Club #5840" - a cartoon monkey shooting green lasers from its eyes - went for $822,730, for example, while "CryptoPunks #7674" - a pixelated character smoking a pipe - fetched…

The chief experience officer at the crypto hardware wallet firm Ledger has a message for NFT haters: Eventually you’ll be dead. The chief experience officer at the crypto hardware wallet firm Ledger has a message for NFT haters: Eventually you'll be dead. Ian Rogers says that the concept of nonfungible tokens makes sense to a younger generation – those who spend hours glued to screens, live online, and attended school virtually at the height of the pandemic. “It's not a foreign concept,” he told us in the most…