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Rogue-Lite Adventure Meets Player-Driven Economy in Etherscape

Rogue-Lite Adventure Meets Player-Driven Economy in EtherscapeJoin Regina as she uncovers the allure of this dungeon-crawling sensation dominating charts just days after its release. Last Episode’s Quick Recap Portal Fantasy – an exciting new Web3 game blending traditional RPG mechanics with blockchain elements. Players can explore vast, vibrant worlds as Portals (adventurers) or engage as Architects (world-builders), crafting immersive game experiences. […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors

Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for InvestorsA new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

OpenSea users drop securities suit after marketplace demands arbitration

The lawyer for two OpenSea users who accused the platform of selling them securities told Cointelegraph they “had no choice but to dismiss the pending case.”

Two OpenSea users accusing the non-fungible token marketplace of selling unregistered securities have dropped their proposed class-action lawsuit after a judge allowed the firm to demand arbitration.

On Nov. 7, Anthony Shnayderman and Itai Bronshtein filed a voluntary dismissal of their securities suit against Ozone Networks, which does business as OpenSea, in a Florida federal court after Judge Cecilia Altonaga allowed OpenSea to file a motion to compel the pair into arbitration in an order last month.

OpenSea had held firm that it would compel the two users into arbitration, claiming in an October filing that they agreed to its terms of use that say all claims would be resolved by an arbitrator — including if the claims should be arbitrated in the first place.

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Cosmos co-founder proposes peer-to-peer clearing system in white paper

Web3 Meets Classic RPG Adventure in Portal Fantasy

Web3 Meets Classic RPG Adventure in Portal FantasyPortal Fantasy, a pixel RPG set to release in 2025, is giving players like Regina a sneak peek with its November demo on Steam. Last Episode’s Quick Recap Fun, interactive, and strategic Web3 game – Angry Dynomites Lab! Join forces to collect resources, craft materials, and build artifacts alongside unique dynomite characters. Collaborate with the […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

NFT Market Bounces Back—Weekly Sales Soar Nearly 15% Despite Major Drop in Buyers

NFT Market Bounces Back—Weekly Sales Soar Nearly 15% Despite Major Drop in BuyersNon-fungible token (NFT) sales ticked upward this week, climbing 14.99% higher than the previous week’s figures in total seven-day sales. Ethereum and Bitcoin Dominate as NFT Sales Rebound Between Nov. 2 and Nov. 9, 2024, NFT sales hit $95.72 million, marking a 14.99% boost over the previous week, which had followed several weeks of declining […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’

NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’

Leading non-fungible token (NFT) marketplace OpenSea says it is about to launch a major overhaul of its platform. In a post on social media platform X, OpenSea co-founder and CEO Devin Finzer says he has been working to rebuild the world’s largest NFT marketplace.  “We’ve been quietly cooking at @opensea. To really innovate, sometimes you […]

The post NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’ appeared first on The Daily Hodl.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

NFT monthly sales surge 18%, Mutant Ape ripoff creator avoids prison: Nifty Newsletter

NFTs have started to recover as monthly sales volumes surged by 18% and total transactions shot up to 7.2 million.

In this week’s newsletter, read about the creator of the Mutant Ape Planet non-fungible tokens (NFTs) avoiding prison, check out how NFTs recovered from a recent market slump and find out how the NFT trading platform OpenSea plans to make a comeback.

While the Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors, a judge sentenced the French national to the one-month lockup he had already served. Michel was also ordered to forfeit $1.4 million from the almost $3 million he got from selling ripoff NFTs. Michel, who admitted on social media to pulling the rug on investors, must also pay a $15,000 fine. 

Federal prosecutors had pursued a 37-month prison term for Michel, arguing that he and his associates intentionally failed to deliver their promises to the collection’s community. 

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Cosmos co-founder proposes peer-to-peer clearing system in white paper

October Sees Lower NFT Sales Volume With Few Collections Standing Out

October Sees Lower NFT Sales Volume With Few Collections Standing OutAfter a downtrodden September, non-fungible token (NFT) sales dropped further in October, totaling $361 million—a 36% decrease. NFT Sales Fall 36% in October, Totaling $361 Million NFT sales in October didn’t quite bounce back, showing a 36% decline after September’s 47.9% dip. The month saw around $361.5 million in sales, with Ethereum NFTs holding the […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle

DOJ Takes Down Rug Pull Duo Behind 0,000 NFT DebacleA federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S. Department of Justice (DOJ) announced Thursday that a federal jury in Tampa, Florida, found Berman Jerry Nowlin, […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Enter the the Token-Driven World of Angry Dynomites Lab

Enter the the Token-Driven World of Angry Dynomites LabIn Angry Dynomites Lab, Regina join forces with other players to save a world of clumsy Dynos in this innovative Web3 adventure. Last week’s Quick Recap Last week we stepped into the whimsical world of My Neighbor Alice, where farming, crafting, and community-building come to life! Explore colorful islands, trade NFTs, and grow your dream […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper