Cryptocurrency news - NFTs
Adidas Originals reaches second spot on OpenSea rankings with debut NFT collection
In its debut weekend, the first NFT from Adidas Originals’ "Into the Metaverse" project has generated 11,391 Ether (ETH), worth over $43 million, on OpeanSea. Ranked by trading volume, this collection has earned the second spot on OpeanSea after RTFKT’s Clone X and Ta...
Virtual land in the Metaverse dominated NFT sales over past week
Digital land is in high demand in what is already a highly lucrative market as the past week’s NFT and Metaverse sales figures revealed. Data from the industry metrics platform, NonFungible, indicates that over the past week there have been more than $300 million in NFT sal...
Adidas enters the Metaverse with NFT partnerships
On Thursday, Adidas announced it was entering the Metaverse in collaboration with Bored Ape Yacht Club, gmoney NFT, and PUNKS Comic. In an article posted on the Adidas mobile app, the developers behind the initiative said the following: This autumn, Adidas, known for cel...
Imprisoned Silk Road founder causes a stir with NFT drop
Ross Ulbricht, founder of defunct dark web marketplace Silk Road, has created a stir by announcing he will auction off his series of nonfungible tokens (NFT) starting Dec. 2. The imprisoned early Bitcoin adopter announced via his supporter operated Twitter account on Dec...
Opensea surpasses $10 billion in all-time sales
OpenSea has become the first nonfungible token (NFT) platform to conduct NFT deals in the eleven-figure range. This year, the platform has witnessed exponential growth, with the platform processing $2.5 billion in deals for the whole first half of 2021. OpenSea has already p...
What’s the full potential of NFTs?
Because public attention is always moving from one trend to the next, the unearthly increase in popularity of NFTs that we've been witnessing will inevitably fade. This provides us in the business with a fantastic chance to investigate the several doors that NFTs will open for ar...