Category: OpenSea

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Adobe offers users the ability to verify NFT marketplace creations through metadata

The software company’s Content Credentials can add an NFT creator’s wallet address and social media information to the metadata of tokens listed on the marketplace. Many nonfungible token (NFT) marketplaces are allowing digital collectors to identify artwork based on the wallet address of its creator through a partnership with software giant Adobe. In a Tuesday…
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NFT Sales Climb 464% in 3 Months, Mochi Market Nears $1B, Cryptopunk #7804 Sells for $7.5M

The market history of non-fungible token (NFT) sales has been steadily expanding during the last three months, according to statistics from nonfungible.com’s historical market data. NFT sales over the past three months have increased by 464% since June 27 and the Binance Smart Chain NFT market called Mochi Marketplace is nearing close to a billion…
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The NFT Magazine Project Plans to Drop a Periodical in the Form of an NFT on Ethereum

On November 2, a non-fungible token (NFT) magazine is coming to the Ethereum blockchain called “The NFT Magazine” — a periodical publication containing articles and illustrations in the form of an NFT. The project, promoted by Advtech IT Solutions, has partnered with members of the Zilliqa, Algorand, and Bitcoin Cash blockchain communities, alongside Art Rights,…
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FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future West Realm Shires Services Inc.,…
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Tweet mocking how little value NFTs have … is turned into $5K NFT

“This is basically the same as making a joke that you stole the Mona Lisa by taking a photograph of it,” said Twitter user Sergey Pshenichkin. Twitter user Lauren Walker tweeted a message claiming she was “stealing” nonfungible tokens, only to have crypto-Twitter turn around and mint her words into a token listing for thousands…
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Value locked in DeFi grows 936% in one year, NFT sector strengthens: DappRadar

The total value locked in DeFi protocols has surged 936% over the past 12 months. New research by analytics platform DappRadar has revealed the extent to which decentralized finance and nonfungible token (NFT) markets have grown this year. In its Sept. 30 “Value Flow Report”, crypto analytics platform DappRadar reported that recent trends have seen…
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Cloned CryptoPunks are back on OpenSea marketplace after DMCA counter notice

According to the DMCA, PolygonPunks would have had to have claimed its material “was removed or disabled through mistake or misidentification.” Nonfungible token (NFT) marketplace OpenSea is once again listing the Polygon-based copy of CryptoPunks after a successful Digital Millennium Copyright Act counter-notice.  In a Tuesday announcement on Twitter, the PolygonPunks project said its NFT…
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These 3 NFT Projects Collectively Captured Over $10 Billion in Sales

Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales stretch into the billions. Statistics show that the NFT marketplace Opensea, the blockchain NFT game Axie Infinity, and the digital collectible series Cryptopunks have collectively captured over $10 billion in sales. Opensea,…
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NFT Fantasy Football Platform Sorare Raises $680 Million in Series B Led by Softbank

On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare Reveals $680M Capital Raise Non-fungible token (NFT)…
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