Blur quickly gained recognition in the NFT sector, and its lending protocol, Blend, seems to be following suit. Blend’s popularity has skyrocketed since its launch in May, eclipsing its competitors and also dramatically increasing the overall volume of NFT loans.
According to data from DappRadar, Blend secured 169,900 ETH ($308 million) in trading volume in just 22 days. The trading volume across all NFT lending plat...
NFT marketplaces Magic Eden and Nifty Gateway are leveling up. Both platforms recently announced new reward systems to incentivize trading activities and enhance the overall user experience. With Nifty Gateway introducing its Collector Appreciation Month and Magic Eden launching its Chapter II program, these platforms are leveraging incentives to attract and retain users in an increasingly competitive landscape.
Th...
In this week’s newsletter, read about the nonfungible token (NFT) influencer who was served a demand for settlement using an NFT, and learn how NFTs can combat issues in the education sector. Check out the NFT assets of bankrupt hedge fund Three Arrows Capital, which were liquidated in an auction, and find out why an exchange-traded fund betting against Meta is shutting down. And don’t forget this week’s Nifty News, featuring Bitcoin (BTC) ...
As AI art tools continue redefining how we think about creativity, expression, and human interaction with technology, an increasing number of artists are putting their process on display, helping educate millions worldwide on how to best take advantage of the democratization of these new creative resources.
MakersPlace is taking this trend one step further. The NFT marketplace will host the AI Art Hackathon at NFC L...
Art Blocks is currently witnessing a remarkable revival, demonstrated by transaction volumes that we haven’t observed regularly since the onset of the bear market. During a May 23 Proof Daily Countdown episode, NFTStatistics shared that Art Blocks achieved over $1 million in trading volume on May 22. This marks the first time it’s seen these heights since March. Major sales followed, with Ringers #30 going for 52.5 ETH ...
Crypto Tony says Metaverse and GameFi will be crucial in the next bull cycle.
The analyst has his focus on APE, MANA, PYR, SAND, AXS, ILV, ALICE, and RLB.
Tony’s followers are also focusing on PLD, SENSO, DYP, BOMMER, WILD, DONS, and ZIL.
Metaverse and GameFi will be crucial in the next bull cycle, says crypto and NFT investor Crypto Tony. In a recent tweet, Tony told his followers his focus is on APE, MANA, PYR, SAND, AXS, IL...
With the noise of memecoin season dying down, the NFT space is turning its eye back to the thing that makes up the heart and soul of the community: art. For those looking to dive back into the cultural side of Web3 (or just interested in checking out one of the most community-based NFT projects out there), World of Women’s Spring Artfest is a must-see.
World of Women is a household name in the NFT world. Started by ...
On May 24, Art Blocks will release its latest collaboration, a unique, multi-stage NFT project with the Lumen Prize-winning artist duo Operator. The project, titled Human Unreadable, is a 400-piece avant-garde exploration of art, choreography, and technology. It forms the latest addition to Operator’s critically acclaimed Privacy Collection, which explores themes of transparency and privacy in Web3.
Ania Catherine an...
Due to a technical issue causing a misleading surge in NFT mint volume, blockchain analytics platform Nansen has excluded Lido NFTs from its NFT paradise service.
The incident led to a misleading surge in NFT mint volume, involving 430k ETH, which was initially misinterpreted as a spike in NFT market activity.
Nansen has indicated that the NFT market is not yet back to its full strength despite recording growth in Q1 2023.
Blo...
The Alpha:
The Professional Bowlers Association (PBA) is stepping into the NFT space by launching PBA League Bowler Certification (LBC) Awards as digital assets.
The program, built on the Avalanche Network, will offer rewards and features such as blockchain-backed bowler certification.
Dive deeper
PBA LBC Awards are here ‼️All active PBA LBC members with a LeaguePals account can now earn digital awar...
