DefiLlama: the total value of tokens sent to the Bitcoin DeFi market surpassed $1B; CryptoSlam: daily NFT sales volume on Bitcoin beat Ethereum in early January
Muyao Shen / Bloomberg :
After NFT sales dropped 63% YoY to $8.7B in 2023, OpenSea CEO Devin Finzer talks OpenSea 2.0, set to offer users improved differentiation between NFT categories
- NFTs have lagged behind Bitcoin in crypto resurgence — OpenSea CEO Devin Finzer said more use cases for NFTs are here
PitchBook estimates VC investment in the crypto industry totaled $9.5B in 2023, down 68% YoY; CryptoSlam says NFT sales fell 63% YoY to $8.7B in 2023
Hannah Miller / Bloomberg :
NFT marketplace Magic Eden and Yuga Labs plan to launch an Ethereum platform that will be “contractually obligated” to honor creator royalties on NFT sales
Magic Eden's new Ethereum NFT marketplace will be “contractually obligated” to pay royalties. What does that mean for traders?
NFT marketplace Magic Eden and Yuga Labs plan to launch an Ethereum platform, which will be “contractually obligated” to pay royalties on NFT sales
Magic Eden's new Ethereum NFT marketplace will be “contractually obligated” to pay royalties. What does that mean for traders?
DappRadar: monthly NFT trading volume fell 81% from January 2022 to July 2023, while monthly NFT sales have dropped 61%, as traders return to cryptocurrencies
Nonfungible tokens, along with the rest of crypto, had a painful comeuppance last year … Linda Ang : There're only 2 questions worth asking IMO: — 1. Whoever decided NFTs were but a speculative asse...
DappRadar: monthly NFT trading volume fell 81% between January 2022 and July 2023, while monthly NFT sales dropped 61%; bitcoin is up nearly 55% in 2023
When you look at the charts, “everything is down.” — NFTs first crossed Daniel Maegaard's radar in 2018.
A look at Art Blocks, an NFT marketplace for generative art whose sales reportedly dropped to $6.5M in April 2023 from $587M in August 2021
- Volumes have fallen steeply for Art Blocks, the generative art platform that boomed in the last crypto bull run. Mastodon: @carnage4life@mas.to . Tweets: @nfinitylabs Mastodon: Dare Obasanjo / @carn...
CryptoSlam: Ethereum NFT sales jumped from $546.9M in December 2022 to $780.2M in January 2023, well down from ~$5B in January 2022; average prices were ~$372
Medha Singh / Reuters :
CryptoSlam: NFT trading volume fell from $24M on December 20 to $12.9M on December 25, compared to $80.8M on December 22, 2021, to $64.3M on December 25, 2021
- NFT sales volumes fell in the lead up to Christmas in both 2021 and 2022. — However, Yuga Labs's Bored Ape Yacht Club's … Tweets: @wublockchain Tweets: Wu Blockchain / @wublockchain : Forbes counte...