🟠 On May 12 Binance will launch a Metaverse reality show BuildTheBlock with 12 teams building Web3 projects.
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🖼 MultiversX has published an article about some upgraded NFT marketplaces built on MultiversX.
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💰 Alibaba Cloud Builds Metaverse Launchpad on Avalanche
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⚫️ Solana Foundation launches NFT pitch contest for aspiring creators
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🟣 Sports Illustrated launches "Box Office", an NFT ticketing service on Polygon in partnership with ConsenSys.
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🖼 Sotheby's launches the on-chain secondary NFT Marketplace.
Sotheby’s Metaverse will now offer a curated, peer-to-peer marketplace via the Ethereum and Polygon networks.
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📣 Adidas and Pharrell Release Digital Clothing for Doodles NFT Holders
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🤟 Bored Ape Creator Yuga Labs Dominates NFT Sales With 35% Share
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📣 Inaugural Metaverse Beauty Week coming to Decentraland, Roblox and Spatial
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📉 Logan Paul spent $623,000 on an NFT that is worth $10 today.
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‼️ ‘OpenSea is in big trouble’ as Tiger Global cut valuation by 76%
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🖼 Romania plugs into Web3 with national NFT marketplace
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🖼 Toy Manufacturer Mattel to Launch P2P Marketplace for Virtual Collectibles on NFT Platform
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⚫️ Solana Monkey Business IP acquired by DAO of NFT holders
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🖼 SharkyFi dominates NFT lending on Solana, with 70%+ of volume share. The next closest competitors are Citrus and FRAKT
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📣 London's Evening Standard newspaper to issue a commemorative NFT for the King's coronation
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📣 Chia Network Launches CODE Framework: Infrastructure for the Open Metaverse
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🖼 Star Wars limited edition 'Digital Toy' NFTs land on Flow
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💰 Active users of Solana DEXs averaged about 33K per day in April, which is significantly higher than the 190 per day we saw with xNFT users.
In other words, while xNFTs have started to gain traction, most of the activity on Solana still revolves around trading on DEXs.
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🖼 Presently, Yuga Labs’ 16 NFT collections account for 34.6% of the entire NFT industry, having achieved a total trading volume of $2 billion in the past two quarters alone
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📣 Blur has introduced Blend: the Peer-to-Peer perpetual lending protocol for NFTs.
Blend is short for Blur Lending, an NFT lending protocol. The protocol was built with Dan Robinson (one of the investors in Uniswap V3) and Transmissions11 (one of the developers of Seaport).
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🤟 Yuga Labs CEO: 'The Metaverse Is Not New'
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🇬🇧 The UK Intellectual Property Office has published trademark classification guidelines for NFT.
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📣 META: Loses $3.99 billion this quarter on Metaverse division
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🖼NFT sales volume in the secondary market denominated in SOL increased by 19.3% and reached all-time highs, suggesting sales activity wasn’t purely accrued by asset price increases in USD
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🔵 Coinbase launches a free mint of a Stand With Crypto commemorative NFT.
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Last week NFT sales have shown resilience, experiencing a surge of 7.74%, totaling $181.82 million.
Of the total sales this week, the Ethereum (ETH) blockchain contributed a significant portion, amounting to $124.7 million, while $22.66 million came from the Solana (SOL) blockchain. While ETH-based NFT sales experienced a slight drop of 1.75%, SOL-based NFT sales swelled by 88.19%.
The top five chains which recorded the highest NFT sales over the last seven days include ETH, SOL, MATIC,BNB, and Immutable X.
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🤟 Adidas’ Indigo Herz Will Launch Limited Edition BAYC And PUNKS Joint Clothing
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📣 PUBG creator to launch NFT metaverse game this year
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🖼 Soulja Boy Has Reportedly Been Cranking Out Promotions for Scam NFT Projects
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