Sales are down, and purchases are up in the non-fungible tokens (NFT) market. Over the past seven days, CryptoSlam has shown that NFT sales volume has decreased by 7.87% to about $99.9 million. NFT buyers have increased by 24.38% to 560,845. NFT sellers are also up 15.66% to 327,295. Overall transactions are down 9.12% to … Read more
The Challenges NFT Collections Face NFTs were already under pressure even before AI filters became popular. Falling prices and reduced market activity had made the situation worse. Now, with AI filters creating endless variations, the market faces a new threat. Here is how AI filters affect NFTs: Problem Explanation Loss of Scarcity AI can produce … Read more
What Is PENGU ETF? PENGU ETF is an exchange-traded fund (ETF) that holds both: PENGU tokens (linked to the Pudgy Penguins ecosystem) Pudgy Penguins NFTs (actual NFTs, not just tokens representing them) This is different from other NFT-related ETFs, which usually hold shares in companies tied to NFTs rather than the NFTs themselves. PENGU ETF … Read more
NFT Market Fall: A Short Overview NFT markets developed incredibly rapidly towards the close of 2023. The trend swiftly turned, however. NFT trading volume hit $1.36 billion, based on data by DappRadar. By January, it dropped by 26%. The decline accelerated in February, with another 50% drop. Here’s how the numbers look: Month Trading Volume … Read more
How Free-to-Play NFT Games Work Free-to-play NFT games allow players to access the game without a fee. The games reward players with digital assets, such as tokens or NFTs, for participating in missions, battles, or contests. Players can sell or exchange the assets on different marketplaces. Many games offer both free and premium items. Free … Read more
Matchain: Innovation Through AI and Blockchain Matchain, a blockchain leader in AI and decentralized identity (DID) solutions, will co-host the event. Their platform merges AI with blockchain, giving users control over their digital identities and data. Matchain will lead sessions on user-centric blockchain solutions, privacy, and data ownership. AI Agents: Shaping Web3 and Beyond AI … Read more