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Dogecoin Captures Double-Digit Gains This Week — One Address Still Holds 28% of the DOGE Supply

Dogecoin Captures Double-Digit Gains This Week — One Address Still Holds 28% of the DOGE SupplyThe notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s 18% weekly gains. Dogecoin’s Weekly Gains Outshine the Competition, Google Trends […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes

Bitcoin Slides Under K, Stablecoins Eclipse Trade Volumes, Crypto Interest DepletesThe price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day. Bitcoin’s Market Cap Sees $19 […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows

As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year LowsOnchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest Has Dropped Since May While bitcoin (BTC) prices […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL Tweet

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL TweetThe infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great number of people assume dogecoin will be mentioned to some degree on the show. Dogecoin Captures a […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months

Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 MonthsThe popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that price as well on Friday. […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

DOGE Taps a Lifetime Price High, Mark Cuban Says Dallas Mavs Shop Won’t Sell Its Dogecoin

DOGE Taps a Lifetime Price High, Mark Cuban Says Dallas Mavs Shop Won’t Sell Its DogecoinThis week a number of digital assets saw significant gains, but the meme-themed digital asset dogecoin has seen a significant rise during the last 48 hours. Dogecoin tapped a high of $0.143 per unit on Wednesday and has spiked more than 104% during the last week. Meanwhile, the billionaire investor and television personality, Mark Cuban, […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Non-Fungible Token Sales Begin to Dive, NFT Interest Declines, Finance Author Highlights NFT Oversupply

Non-Fungible Token Sales Begin to Dive, NFT Interest Declines, Finance Author Highlights NFT OversupplyNon-fungible token (NFT) assets and collectibles are starting to see sales decline and interest in NFTs is dropping as well. Additionally, it’s being said that an “oversupply of NFTs” may hurt the market, according to James Surowiecki the author of “The Wisdom of Crowds.” In 2021, non-fungible tokens have been all the rage and the […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Survey Shows 77% of Americans Are Concerned About Rising Inflation, Prices for Goods Are Soaring

Survey Shows 77% of Americans Are Concerned About Rising Inflation, Prices for Goods Are SoaringSince well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a quarter of all the USD ever issued in less than 12 months to help the economy during the outbreak. Despite Fed Chair Jerome Powell and other […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Nifty News: NFT searches at ICO-mania levels, a robot and Snoop Dog drop NFTs, plus more

NFT Searches are on track to surpass the levels last seen for ICO searches in 2017, as Snoop Dog, Aston Martin, and an autonomous robot ready their own NFT drops.

Interest in non-fungible tokens, or NFTs, has surged to almost the level of searches for the term 'ICO' during the 2017 bull market mania, according to data from Google Trends. With eight days left in March, the current spike in interest could even surpass interest in ICOs back then, which would be an impressive feat indeed.

The Initial Coin Offering mania in 2017 was partly the cause, and partly the result, of the 2017 bull run that culminated in Bitcoin peaking just shy of $20,000.

Given NFTs span gaming, music, art, virtual land — and can even represent real world objects like houses — they potentially have a much larger audience than the predominately finance and tech people who were drawn to ICOs.

Search interest for NFT vs. ICO. Source: Google Trends

Search interest has no doubt been sparked by the mainstream media enthusiastically covering NFTs being sold for jaw dropping prices including a collage from digital artist Beeple selling at Christie’s for $69 million and music producer 3LAU selling his new album as NFTs for $11.7 million.

Snoop Dog, Lionel Richie, and Boy George

Cryptocurrency exchange Crypto.com has announced it will launch a new NFT marketplace featuring drops from Snoop Dog, Lionel Richie, and Boy George along with James Bond’s favorite Formula One team Aston Martin. The platform, which is due to open on March 26, will focus on “delivering unique content from popular artists, musicians, athletes, and sports.

Aston Martin’s Cognizant Formula One team will launch a series of moments on the platform, capitalizing on the success of sports memorabilia platforms including NBA Top Shot and Sorare. Managing Director of the team Jefferson Slack stated:

“The collection of NFTs we’re making available capture the very first moments of our return to F1 after more than six decades.”

The new Aston Martin team makes its F1 race debut in Bahrain, on 28 March

Do the robot

Art created by Gaka-Chu, an autonomous robot developed by the Robonomics team, is currently being auctioned on NFT marketplace Rarible. The robot has actually been creating art for more than three years now, but this is reportedly the first time work created by the robot has been sold as an NFT.

The unique aspect is the fine art created by the robot is entirely self-managed, with the creation process recorded and included in the NFT. One piece, with a current bid of $1,674, features the robot drawing the Ethereum logo with the attached quote, “It would never happen without Ethereum. I can work, create and live my best life.”

3 Million GameTalkTalk users can soon mint ‘carbon neutral’ NFTs

Enjin has partnered with Ludena Protocol to integrate “eco-friendly NFTs” into Korea’s top social gaming app GameTalkTalk. The partnership will allow the app’s 3 million users to create their own NFTs for digital fashion, pets and real estate.

According to a release, Enjin’s multi-chain approach will reduce the impact of NFT minting on the environment (a hot button issue right now) through a number of technologies, including JumpNet, a gas-free scaling solution. The app also will showcase the technology to large gaming brands including Blizzard and SEGA.

$500,000 digital home on Mars

Mars House: Courtesy of Krista Kim

An NFT collector has paid $500,000 for a digital home in a Mars-like landscape. That’s more than most homes go for here in the physical world on Earth.

“Mars House” sold on Superrare earlier this week for 288 ETH. Krist Kim, the creator, dubbed it as the first true digital home, and it was designed in collaboration with an architect, using video game software.

In the Instagram post, Kim explained that the new owner could bring the home and furniture to life with the help of a team of glass furniture-makers based in Italy. Kim also has a strong vision that the art could be projected in a physical house.

“Everyone should install an LED wall in their house for NFT art.”

So in theory you could potentially show off your $500,000 NFT home on the wall of your $300,000 condo.

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption