NFT Marketplace
NFT Marketplace
Airdrops are one of the most sought-after events for users of on-chain projects. It’s the distribution of a protocol’s token, often to historical users. The aim is to reward loyal users and encourage user stickiness of the product. But it doesn’t always go as intended.
NFT Marketplace
🔍 The Rise of Blur Blur is the latest entrant in the race to dominate the NFT trading arena. Targeted […]
NFT Marketplace
OpenSea transacted $242.2M in November compared to $295.8M in October, representing an 18% decrease over the previous month. There were notable developments in the broader NFT ecosystem, however.
NFT Marketplace
🌅 Welcome! Genesis considers filing for bankruptcy after firing 30% of its staff. Elsewhere, Kyle Davies of the infamous Three […]
NFT Marketplace
We looked at the year that was and the year that may be in the world of NFTs.
NFT Marketplace
🌅 Welcome! Andrew Ross-Sorkin of the New York Times hosted Sam Bankman-Fried in a live interview yesterday. Elsewhere, a pair […]
NFT Marketplace
NFT wash trading is a subset of price manipulation that occurs for two main reasons. The primary reason is to earn trading rewards from incentivized platforms such as LooksRare and X2Y2. These platforms are indifferent about artificial volume as their token stakers benefit. The second reason is to manipulate the historical price and volume of an NFT collection. Deceiving potential buyers is uncommon and unsuccessful, but it remains.
NFT Marketplace
🌅 Welcome! El Salvador plans to purchase 1 BTC per day to increase the country’s holdings. Elsewhere, Redbull’s Lei the […]
NFT Marketplace
Competitors in the tokenized NFT marketplace race are still relatively scarce, with a handful seeking to dethrone OpenSea. Although LooksRare and X2Y2 drew first blood by releasing governance tokens, their effectiveness remains to be seen during the current bear market. The question of whether token rewards can sufficiently attract sticky users -- especially amid wash trading concerns and turbulent market conditions -- remains.
NFT Marketplace
🌅 Welcome! Voyager Digital customers might get partially bailed out and an industry leader proposes introducing blacklists to DeFi protocols. […]
NFT Marketplace
🌅 Welcome! The U.S. Treasury is being sued by a crypto advocacy group over its Tornado Cash sanctions. The battle […]
NFT Marketplace
Introduction The epicenter of NFT trading primarily resides in highly centralized marketplaces such as OpenSea, which feature creator empowerment, order […]