NFT analytics firm DappRadar has documented an increase of 18% in monthly unique NFT traders. The report further stated that despite the visible decline in NFT trading volumes and sales throughout October, the unique NFT trader count has risen consistently. NFTs Are Still In Great Demand: DappRadar A recent report...
Prominent art NFT marketplace SuperRare has launched “Genesis RarePass,” through which users can easily receive curated crypto art from some of the top NFT artists on the platform. SuperRare launches Genesis RarePass Described as a subscription-based service by SuperRare’s COO, Kyle Olney, holders of the Genesis RarePass will have exclusive...
Social media giant Instagram announced the launch of its own NFT marketplace, which will soon permit its users to mint and trade NFTs. Instagram Launches the NFT Marketplace In a Thursday announcement made by the popular social media app, Instagram declared that it will soon allow its users to mint...
GameStop has finally gone live on the Immutable X blockchain Immutable X is known for its 100% carbon-neutral minting and trading process. Per the latest announcement made by GameStop, the gaming giant has finally unveiled its NFT marketplace on layer two Immutable X blockchain. The GameStop NFT Marketplace Is Finally...
Social media giant Reddit has been making waves in Web3 thanks to the recent spike of interest in its NFT-based Collectible Avatars. Through seamless onboarding and vibrant artwork, Reddit Avatars have won the hearts of many, including non-NFT enthusiasts. With that, some are beginning to speculate that the forum-based website...
Reddit NFTs have been all the rage, with the platform’s users reportedly creating over 3 million crypto wallets to scoop up these Polygon-based digital avatars. Many believe that having a smooth onboarding process for non-crypto-native users and free airdrops are the main reasons behind the collectibles’ popularity. In the middle...
According to Jason L. Baptiste, the former CEO of Onswipe, Apple’s new NFT rules could limit web3 adoption Apple has officially introduced new NFT rules that are up for debate among several crypto proponents. Tech giant Apple has issued a new NFT guideline strictly demarcating the areas that users can...
As NFT royalties continue to be widely discussed and debated, DeGods NFT creator Frank shared his own proposal on how to address the royalties fiasco. According to his plan, Frank envisions a new token standard that prevents NFTs from interacting with a list of blacklisted contracts. The list may include...
Japanese anime-themed NFT project Azuki has introduced Physical Backed Tokens (PBT). It is a new token standard that ties a physical item to a digital token on Ethereum. The exciting technology boasts potential applications, such as decentralized authentication of goods, on-chain ownership tracking, and the use of physical products to...
