NFT marketplace SuperRare sees 3rd year of decline
Tuesday, August 20, 2024 by Richard Harris
The global NFT market is facing another bumpy year, with the total number of active wallets and NFT sales value recorded on the Ethereum, Ronin, and Flow blockchains sinking to the lowest level since early 2021. Collectors are spending less and less money on digital artwork, and this negative trend is reflected by their monthly visits to one of the top NFT marketplaces,...
NFT activity continues to decline
Thursday, June 13, 2024 by Richard Harris
The last two years have been rough for the NFT market, and 2024 doesn't look much better. With falling sales and investors losing appetite for digital artwork, market projections became less optimistic, showing only a modest 2.6% annual growth by 2028, twenty times less than this year. Moreover, the entire market faces a substantial user drop, showing that global in...
NFT momentum continues downward per AltIndex
Wednesday, March 27, 2024 by Richard Harris
Ever since reaching a peak in September 2021, global NFT sales have been consistently falling as collectors spend less and less money on digital artwork. Although revenues of NFT marketplaces are still expected to see double-digit growth, rising by 41% year-over-year to $2.37 billion in 2024, the market is losing its momentum, and this trend is set to continue in the fo...
NFT marketplace and gallery to launch from Trend Innovations
Wednesday, April 26, 2023 by Brittany Hainzinger
Trend Innovations Holding Inc. has recently announced that they will combine two recent acquisitions to upgrade and launch a more robust version of the company's newly acquired InstantFAME platform. InstantFAME is a mobile and web application, which operates in the multi-billion-dollar digital artwork marketplace for artists to securely publish and sell their d...
Web3 map app to launch from Illust and partners
Thursday, March 16, 2023 by Freeman Lightner
Illust is proud to announce a partnership with BUIDL Week and the ETHDenver Web3 Festival (along with amazing artists, DAOs, local businesses, and musicians), to produce the very first official web3 city map of Denver. This revolutionary "application" will feature a channel for Denver designed to capture its history, culture, and inhabitants. Newcome...
NFTs are irrelevant. Say what!
Wednesday, November 23, 2022 by Richard Harris
NFT's, NFT's, NFT's! The buzzword you can't escape these days. But what are they and WHY? According to Hussein Hallak, the Co-Founder of Momentable, the new NFT e-commerce platform that is democratizing access to and reimagining the way we view art and culture, "NFT's are irrele...
NFT collection raises funds for environmental initiatives
Monday, April 18, 2022 by Brittany Hainzinger
The decline in marine biodiversity has propelled activists to seek new ways to shed light on such urgent issues. Ocean Collective, a global network of filmmakers will be collaborating with blockchain partner Polygon Studios and production company Eyeforce to launch digital artwork in the form of NFTs, which depicts animals from the IUCN Red List of Endangered Species. T...
Cyber Yachts NFTs land
Friday, January 14, 2022 by Brittany Hainzinger
Bitcoin Latinum, the asset-backed cryptocurrency poised to revolutionize digital transactions has announced its acquisition of cyberyachts.com in partnership with three-time Grammy-nominated recording artist Quavo of Migos. Cyber Yachts will consist of NFT collections totaling 888 extraordinary yachts and will be exclusively offered on the UnicoNFT marketplace for ...
Ethereum expected to hit 5k
Monday, May 3, 2021 by Brittany Hainzinger
The Ethereum price is likely to hit $5,000 over the next seven days as the cryptocurrency reaches new all-time highs, predicts the CEO of deVere, Nigel Green.
The bullish prediction from Nigel Green, chief executive and founder of deVere Group, comes as Ether, the token transacted on the Ethereum blockchain, and the world’s second largest cryptocurrency after B...
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