Weekly NFT Sales Show Improvement, Fantom and Immutable X NFT Volume Spikes

Non-fungible token (NFT) sales managed to climb higher during the last seven days than the previous week’s overall sales. This week’s NFT sales managed to jump over 6.3% after recording more than $153 million in sales compared to last week’s $144 million. Non-Fungible Token Sales This Week Climb More Than 6% Higher, 2 NFT Collections Jump More Than 279% in 7 Days NFT sales have gained 6.39% across 17 different blockchains that support NFT technology. Ethereum-based NFTs were the most sold as the chain saw $127 million out of the…

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ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%

The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review. ETH Inflation Rate Drops to 0.51% Ethereum’s revenues rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022, a new report by Bankless has said. According to the report, about 87% or $2.1 billion of this revenue was…

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Creators of the Cool Cats NFT Collection Sign With Leading Talent Agency CAA

According to a report released on Friday, the creators of the non-fungible token (NFT) collection Cool Cats have signed a deal with the American talent and sports agency based in Los Angeles, CAA (Creative Artists Agency). Cool Cats is one of the top 20 NFT projects in terms of all-time sales volume, and Cool Cats follows other NFT projects like Cryptopunks, Meebits, and World of Women, that have inked deals with a talent manager or agency. Cool Cats Creators and CAA Ink Licensing Deal CAA, the talent agency business that…

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Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders – Bitcoin News

[ad_1] On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.” Bored Ape Creators Yuga Labs Acquires Cryptopunks and Meebits Collections From Larva Labs Last year and during the course of 2022, non-fungible tokens (NFTs) have seemingly become a mainstay within the crypto industry. One of the teams behind the…

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Daft Punk meets CryptoPunks as Novo faces up to NFTs – Cointelegraph Magazine

[ad_1] Just recently, NFT collector CryptoNovo was posing for hundreds of photos, taking meetings with top tech companies and attending scores of invitation-only parties across New York City. Today, the former-schoolteacher-turned-Metaverse-mascot is raking leaves in his suburban Illinois front yard. “Dude,” Novo remarks excitedly as he works, “That just happened.” That would be NFT.NYC, the early November conference/gathering/bacchanal that represented a coming-out party of sorts for the nonfungible token community. While NFT.NYC 2021 was the third event in what will almost certainly become a series of (at least) annual affairs,…

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Billionaire buys CryptoPunks, Arbitrum finds traction, markets ignore warnings – Cointelegraph Magazine

[ad_1] This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   There are a lot of narratives to keep an eye on as China enjoyed a relatively quiet week on the regulatory front and markets rebounded. Layer-two networks continued to make headlines with their large war chests of funds to invest. Avalanche and Arbitrum are two networks that have growing awareness in China. Both were in the news…

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Cryptopunks NFT Collection Joins Axie Infinity and Opensea by Hitting $1 Billion in Sales – Blockchain Bitcoin News

[ad_1] On Saturday, August 28, the non-fungible token (NFT) project Cryptopunks crossed $1 billion in all-time sales. Cryptopunks joins the heavyweight NFT hitters Axie Infinity’s $1.6 billion and Opensea’s $3.53 billion. Three NFT Projects Have Sold More Than a Billion-Dollars in Sales The non-fungible token project Cryptopunks is now a billion-dollar NFT collection as statistics show all-time sales tapped $1.095 billion, according to dappradar.com data. Cryptopunks has a bunch of records on dappradar.com’s “top sales” page, in terms of NFT sales. Cryptopunks is just below Opensea ($3.54B) and Axie Infinity…

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