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nft

What does a physicist see when looking at the NFT market?

The market for collectible digital assets is beginning to show increasing similarities to established financial markets, such as those associated with the trading of works of art. Credit: Source: IFJ PAN The market for collectible digital assets, or non-fungible tokens, is an interesting example of a physical system with a large scale of complexity, non-trivial dynamics, and an original logic of financial transactions. At the…

Animoca Brands’ Yat Siu sees NFTs as a way to protect ownership in the age of AI

NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling. According to Animoca Brands’ chairman and co-founder, Yat Siu, the growing influence of artificial intelligence and content is exactly why there is a growing need for NFTs in the world. Yes, we know that’s a bold claim, but before you roll your eyes, hear him out: Animoca has its own NFT collections, blockchain products and…

Investors Eye BNB and Solanas’s Recent Uptick While NuggetRush Promises High Yields

TLDR Binance’s community struggles with rumours of a data breach. Solana (SOL) is also gearing up for new partnerships amid recovery from its network outage. NuggetRush (NUGX) could become the next big thing in the gaming industry following its spectacular market increase. Rumours of a data breach on Binance have failed to stop BNB’s bullish momentum. Solana (SOL) expects an uptick in DeFi activity despite a network outage in early February. NuggetRush (NUGX) is becoming a first-choice investment for crypto…

Decentraland and The Sandbox Lead P2E Resurgence, But NuggetRush’s Upcoming Launch Could Shake Up The Sector

TLDR Decentraland (MANA) has experienced stagnant prices in recent months but surged recently, possibly due to the revived altcoin market and competition with NFT projects. Concerns about Magic Eden’s impact on MANA’s user count have emerged. The Sandbox (SAND) experienced a brief surge to $0.52 on January 12 following BTC ETF approval but dropped to $0.44 by February 2. Despite the setback, SAND is exhibiting strength, heading towards upper resistance levels, and benefiting from exciting developments.…

The Sandbox Shows Resilience as a Fresh Contender Emerges With Investor Interest

The Sandbox (SAND) is gearing up for a mega token release in mid-February. Some analysts fear that it could dent SAND’s expected pump. NuggetRush is also on an impressive market increase, selling over 170 million tokens and raising $2 million in its presale. NuggetRush could become one of the top DeFi projects of 2024. Yet, can it beat gaming altcoins like SAND? Let’s hear from NUGX’s backers. >> Buy NuggetRush Now << The Sandbox Announces Mega Token Release There is growing excitement around The…

OpenSea takes the long view by focusing on its UX even as NFT sales remain low

It’s fair to say the NFT space has lost a lot of its sparkle over the past few years, but that hasn’t stopped some founders, investors and projects from trucking along in hopes of another surge. Devin Finzer, the CEO behind OpenSea, one of the first NFT marketplaces to gain serious traction and market share, is still betting big on the sector. On January 1, 2022, NFT global sales volume peaked at $23.73 billion. Two years later, by the first day of 2024, they had fallen 94% to a mere $1.4…

Chainlink’s Trading Volume Overtakes XRP, While Top Meme ICO Hits $2.1 Million

TLDR Chainlink exceeded Ripple in trading volume, showing significant market dominance with positive price trends. NuggetRush, a meme-based ICO, secures $2.1 million in funding, offering play-to-earn gaming, NFT staking, and crypto mining opportunities. Ripple faces challenges as Chainlink’s trading volume surpasses the stagnant price due to the SEC vs. Ripple lawsuit. In a noteworthy market development, Chainlink (LINK), the e­steemed Oracle service provider, has recently garnered attention as its trading…

Trump Meme Coin Soars 15,000%; Galaxy Fox Prepares for Similar Returns

The $TRUMP memecoin took center stage in the crypto world not long ago and in a couple of months, a $7,100  investment in the token jumped to $1.07 million. This signifies a stunning 15000% gain. Also, enthusiastic investor participation has propelled Galaxy Fox to new heights. Now rounding up stage 7 of its presale, $GFOX has become one of  the best meme coins to buy. Trump Memecoin Sees 15,000% ROI  Former President Donald Trump is renowned for the “art of the deal” and his successful, if not sometimes…

Behind the Scenes at Mar-a-Lago Gala

Maryanne Trump Barry, the sister of former president and presumptive Republican nominee Donald Trump, died on the morning of November 13, 2023. That evening, Trump held a lavish “Gala VIP Dinner” for people who bought at least $4,700 worth of “Trump Cards” — an NFT collection of digital trading cards that depict various portraits of Trump as a superhero, a cowboy, or a god. “I wish I looked as good as those NFTs,” Trump said that night, standing behind a white podium with “COLLECT TRUMP CARDS” embossed in gold.…

SoftBank sheds Paytm stake; NFT investors decry Rario shutdown

Japanese technology investor SoftBank has sold another 2% stake in digital payments company Paytm. This and more in today’s ETtech Top 5.Also in this letter:■ Explained: Consumer startups and platform fee■ Groww stops US stock trading services■ Nazara to acquire Comic Con India SoftBank offloads another 2% stake in Paytm SoftBank CEO Masayoshi SonSoftBank has offloaded another 2% stake in digital payments firm Paytm, the latest in a series of divestments in Indian startups.Tell me more: SVF Holdings…