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Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million

Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than  MillionYuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than $16 million. The highest bid was 7.1159 bitcoin, equivalent to $160,000. Individuals […]

Openseason Is a Thrilling Web3 Battle Royale

Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run

Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint RunOn Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped today and was limited to 10,000 mints. Combining AI and NFTs: Binance CEO Announces Bicasso Artificial intelligence […]

Openseason Is a Thrilling Web3 Battle Royale

Report: South African Startup Momint Seeks to Boost Electricity Generation Using Blockchain-Based Solution

Report: South African Startup Momint Seeks to Boost Electricity Generation Using Blockchain-Based SolutionUsing a solution that is based on blockchain technology, the South African startup Momint has said the recently launched Suncash initiative aims to ease the country’s power generation challenges. For about $9, investors can reportedly buy non-fungible tokens (NFTs) linked to solar cells which are then leased to institutions such as schools and hospitals. Momint […]

Openseason Is a Thrilling Web3 Battle Royale

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of HoursThe Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than 85% against the U.S. dollar. BLUR Token Launch Records […]

Openseason Is a Thrilling Web3 Battle Royale

NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements

NFT Sales Rise 18.43% This Week, Led by Ethereum’s 3.85 Million in NFT SettlementsNon-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the market, accounting for $233.85 million of the total sales, a 25.42% increase from the previous week. Top NFT Collection of the Week: Otherdeed Leads with […]

Openseason Is a Thrilling Web3 Battle Royale

Moonpay and Looksrare Partner to Bring Convenient NFT Purchasing to the Masses

Moonpay and Looksrare Partner to Bring Convenient NFT Purchasing to the MassesOn Thursday, the fiat-to-crypto onramp business Moonpay announced a multi-year partnership with the non-fungible token (NFT) marketplace Looksrare. According to the deal, Looksrare will allow marketplace users to buy and sell crypto assets through Moonpay’s services. Moonpay and Looksrare Join Forces to Streamline NFT Transactions Moonpay, the fiat-to-crypto service founded in 2019, revealed that it […]

Openseason Is a Thrilling Web3 Battle Royale

Binance’s BNB Chain Plans for Explosive Growth in 2023 After ‘Breakout’ Year: Messari

Binance’s BNB Chain Plans for Explosive Growth in 2023 After ‘Breakout’ Year: Messari

Binance’s BNB Chain appears primed to remain competitive in 2023 after facing down last year’s headwinds, according to the crypto analytics firm Messari. Messari research analyst James Trautman notes in a new analysis that the non-fungible token (NFT) sector of the BNB Chain had a “breakout year” in 2022. The chain’s secondary NFT sales volume […]

The post Binance’s BNB Chain Plans for Explosive Growth in 2023 After ‘Breakout’ Year: Messari appeared first on The Daily Hodl.

Openseason Is a Thrilling Web3 Battle Royale

NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements

NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT SettlementsNon-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81% of total sales last week with $188.51 million […]

Openseason Is a Thrilling Web3 Battle Royale

Ebay Expands Into NFT and Web3 Space With New Job Openings

Ebay Expands Into NFT and Web3 Space With New Job OpeningsThe online marketplace giant, Ebay, is seeking to fill several positions in the area of Web3 and non-fungible token (NFT) technology, according to several Linkedin job postings. Ebay is looking for a “creative crypto attorney” for the marketplace, Knownorigin, which it acquired in June 2022. Big Corporations Still Seek Workers to Manage Crypto and Blockchain […]

Openseason Is a Thrilling Web3 Battle Royale

Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume 

Nearly  Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five NFT collections, in terms of all-time sales volume, have […]

Openseason Is a Thrilling Web3 Battle Royale