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Nfts | Opensea | News 🚀 Best Platform for NFT Content 🗞 FOLLOW US for FREE NFT Tips! 🔥 Learn how to INVEST into NFTs 📧 Contact Me : @JonNfts T.me/Nfts_Opensea_News
🔴 Avalaunch delivers a new NFT marketplace
Avalaunch delivers its own created Peek NFT. It has been built to make it a product that encompasses a one-of-its-kind NFT marketplace and targets NFTs without utility. Peek NFT will be instrumental in changing the very way NFT trading is carried out. Subsequently, it will provide backing for creations developed on the Avalanche blockchain. Avalanche is concerned about organizing NFT collections with a better positioning inside a more extensive ecosystem. Peek NFT will provide expertly created verticals with added stress on NFTs that bring viable utility. There will be Avalanche ecosystem-oriented projects and the active participation of all concerned. A few of the sales might provide connectivity with Gold Stakers who take part. The idea is to connect as many users as possible with the marketplace. To make this possible, there will be extensive marketplace scouring. The trading of NFT will be prevalent. Community interactions will also be organized on a regular basis. Avalaunch will be managing created NFT sales for users to participate actively. An NFT marketplace with a difference is what the Peek NFT is all about.
NFTs | OpenSea | News
📣 R3V3NGE and Crypto.com collaborate to bring exclusive NFT Shotgun
R3V3NGE, an NFT game, and Crypto.com have collaborated for a mission that the community is going to thoroughly enjoy. Per the announcement by R3V3NGE, the collaboration with Crypto.com is with the objective of making available the exclusive Shotgun NFT to the community. The holders of the Shotgun will have a power boost via airdrop in the form of strength, health, speed, or armor. The exclusive Shotgun NFT will be an important addition to the list for gamers of R3V3NGE. It is a game where players must shoot zombies to survive in different game modes like Battle Royale. R3V3NGE is currently in open beta, with the majority of positive responses to its name. Players have killed over 100,000 zombies since the launch of the game. R3V3NGE is an NFT game where players earn rewards by smashing zombies with a weapon.
NFTs | OpenSea | News
🪙 BNB Chain Introduces zkBNB NFT Marketplace
The zkBNB NFT Marketplace aims to bridge the gap between Web2 scale and Web3 monetisation, unlocking true ownership for the next billion gamers. With a one million-strong gaming community, NFT transactions are a popular use case among BNB Chain users. Moreover, the similarities between BNB Chain's and Ethereum's EVM should enable Ethereum zkEVM development teams to efficiently port their scaling solution to BNB Chain. Since its launch in September, zkBNB Testnet has garnered a lot of attention, with over ten projects exploring to deploy on it to increase scalability and improve dApp performance. With a whopping 5,000 TPS, it's paving the way for a smoother user experience and lower fees. The ultimate goal is to merge the scale of Web2 with the incentive alignment capabilities of Web3, granting the next billion gamers true ownership of their in-game assets. With the introduction of the zkBNB NFT Marketplace, BNB Chain is taking a step forward towards this goal. creating a deeper connection between the players and the game, enhancing the immersive experience.
NFTs | OpenSea | News
⚡️ Madonna's knickers to make history by being sold as NFTs
Madonna's knickers are set to make history when they are sold off in bits as NFTs. The underwear will be sold in 300 fractions in the form of non-fungible tokens, with each priced at $100. Sellers say it is the world’s first fractional ownership NFT. The singer wore the knickers on stage during her 1987 Who's That Girl world tour whilst performing one of her hits Dress You Up. Now, fans may be able to own a small piece of the superstar's underwear, as part of the world's first fractional ownership project offering NFTs. An NFT is a technology that proves who the owner of a digital object is. This digital object could be a song, a picture, a video, a tweet – or even a piece of digital land in an online game or virtual world. Each of the 300 fractions of the knickers comes as an NFT, and buyers can buy as many fractions as they like.
NFTs | OpenSea | News
📣 David Bowie is back to life with new musical NFTs
David Bowie, widely regarded as one of the most influential musicians of the 20th century, was also extremely prolific, producing a vast body of work throughout his career. He has released 27 studio albums and 128 singles, in addition to several live albums and soundtracks. But looks like the late singer-songwriter has one song left to perform even after he passed away in 2016. On Thursday, Gala Music, a division of Web3 company Gala Games, teamed up with music publisher Warner-Chappell Music and producer Larry Dvoskin to release a previously never-heard version of David Bowie’s iconic 1983 tune “Let’s Dance” through a small announced the release of Batch of NFT.
NFTs | OpenSea | News
⚡️ NFT marketplace LooksRare launches v2, reducing fees from 2% to 0.5%
Nonfungible token (NFT) marketplace LooksRare has upgraded to version 2, reducing fees by 75% and implementing several other features, according to an April 6 announcement from the company. The LooksRare version 1 platform charged 2% per trade. This has been reduced to 0.5% in version 2. In addition, v2 has more gas-efficient contracts, allowing users to save approximately 30% on gas fees versus the previous version of the app. The company explained that in version 2, sellers receive Ether instead of Wrapped Ether (WETH) for most sales, and the smart contracts allow for bulk buying and selling orders if a user wants to place multiple trades simultaneously. In addition, aggregators can now implement custom recipients, allowing users to buy an NFT with one wallet but send it to another. Sellers can also list their NFTs for sale in token prices instead of ETH, including for a fixed U.S. dollar price to be paid in equivalent ETH.
NFTs | OpenSea | News
📣 Blur nemesis OpenSea drops Gemesis NFT and OS Pro
When we thought the dust had settled from Blur and OpenSea’s battle for buyers, OpenSea, the largest non-fungible token (NFT) marketplace, has re-ignited the war by releasing their own “pro” trading tools this week. Technically more of a rebranding than a new product, OpenSea has repackaged their trading tools that existed under the name Gem, and rebranded them as an elite suite for all traders. Now using the name OpenSea Pro, the king of marketplaces is giving traders over 170 listings all in one spot, floor-sweeping tools, inventory management options, collection and trait offers, and quite a bit more. It’s a package that has been long overdue, and with these new tools, OpenSea hopes to stymie the bleeding out of their user base that had been flowing over to Blur.
NFTs | OpenSea | News
📣 Voice Life Launches Groundbreaking F-NFT Platform for Intellectual Property Monetization
Voice Life, a pathfinder in the development of wireless energy technology and self-generating energy systems, announces the launch of its revolutionary Fractional Non-fungible Token (F-NFT) platform for the tokenization of Intellectual Property (IP). The platform, provides an innovative new way for IP owners to monetize their IP and raise funds, while offering investors a unique opportunity to invest in cutting-edge companies. Through this platform the F-NFT holders receive a share of the revenue generated by the underlying IP asset, thus creating a completely new way for the world to directly invest and profit from IP.
NFTs | OpenSea | News
📣 BendDAO Empowers NFT Investors with Web3 Financial Reporting
One of the top NFT-backed lending liquidity protocols, BendDAO, has celebrated its one-year anniversary by publishing a detailed financial statement. It parallels the level of those found in traditional finance. Produced by Unboxing Lab, it reveals the progress BendDAO has made over the past 12 months. EDGAR-style reports bring an unprecedented level of transparency to web3 projects, giving community members an insight into the financial health of protocols they routinely use. The report details BendDAOs assets and liabilities including a breakdown of cash reserves, loans, NFTs (both escrowed, transferred, and deposited) and other capital such as equity. BendDAO’s decision to publicize its financials is part of its commitment to make as much of its operations as possible transparent for the community’s benefit. Unboxing Lab’s report enables BendDAO users to examine the protocol’s P&L, balance sheet, and associated risk measures. This allows potential investors to participate, become better informed, and make well-calculated decisions. It goes far beyond a simple look at TVL or APR, which can be a misleading indicator of success of the protocol.
NFTs | OpenSea | News
📣 Trademark Applications For The Metaverse And NFTs Dropped By Over 45% In The First Quarter Of 2023
Data analysis confirms that the number of investors, businesses and institutions motivated to invest in the nascent metaverse and non-fungible token sectors has decreased in the first quarter of 2023 compared to 2022. Trademark applications are down more than 40% from last year. Individuals and businesses filed only 835 NFT trademark applications with the United States Patent and Trademark Office in the first quarter of 2023. During the same period, the number of investors and institutions filing trademark applications related to Metaverse with the UPSTO has also decreased significantly, falling from 1,819 trademark applications to just 835 by March 2023. According to a brief analysis, the number of non-fungible token trademark applications is down by more than 66% in 2023, while the number of Metaverse trademark applications is down by more than 45% compared to the first quarter of last year. Even though the crypto market has faded a bit after recent regulatory pressure, hyperinflation and market resistance, the non-fungible token and metaverse market continues to gain traction among notable individuals.
NFTs | OpenSea | News
⚡️ BMW sets industrial metaverse benchmark
BMW has created a digital version of its upcoming electric vehicle (EV) facility in Hungary, in a move that exploits the value of the much-hyped metaverse for large manufacturing projects. This so-called ‘digital twin’ allows for full-scale testing in a sandbox environment, identifying and solving potential issues with the factory — from floor layouts to validating the assembly process — before their physical counterparts are created. The project, which was unveiled on March 21, has allowed the German automaker to start producing virtual EVs at a simulation of its €2bn plant in the city of Debrecen, which is still under construction. The plant is expected to be fully operational, with the first Neue Klasse EVs rolling off the production line, in 2025. While automotive, aerospace and energy companies have worked with digital twins of individual products for years, a sophisticated ecosystem like BMW’s that shows an entire working facility, and allows interoperability between different digital twins, applications and 3D worlds was not possible before the metaverse.
NFTs | OpenSea | News
📣 Fortune Teams Up with Famed Digital Artist Shells for NFT Drop of Iconic Magazine Cover
Fortune announced the details of its second NFT drop, which will take place on April 9, 2023, and allow collectors to bid on an iconic magazine cover by the trailblazing generative artist and creative coder Itzel Yard, also known as Ix Shells. The piece, titled Fortune: Crypto Climbs Back From The Worst Year Ever, will be available for 0.1 ETH during the 24 hour sale. The unlimited sale will go live on Sunday, April 9, at 1:00 pm EDT on Foundation, a platform building no-code tools for the web3 creator community. The release will be an editioned ERC-721 NFT in collaboration with Yard and generative art agency ARTXCODE. The NFT will contain an animated version of the historic cover, which you can see here and will be distributed as a limited edition for the April/May 2023 U.S. of the magazine and the sole cover of the Europe and Asia editions, all of which will be available on newsstands beginning April 25, 2023.
NFTs | OpenSea | News
⛵️ OpenSea Launches OpenSea Pro, Courting Professional NFT Traders
Leading non-fungible token (NFT) marketplace OpenSea said Tuesday it’s rolling out OpenSea Pro, a marketplace with advanced features targeting the growing market of professional NFT traders that has helped rival NFT marketplace Blur surge since its launch. OpenSea Pro will operate with 0% fees and pull listings across 170 marketplaces to provide the best deals for traders. It will support advanced “floor sweeping” for traders, instant sales, inventory management, the ability to optimize gas fees for efficient trades, a watchlist feature and more. It will also be available on mobile devices. The new product is a rebrand of Gem v2, which is the newest version of Gem’s NFT aggregation platform. OpenSea acquired Gem in April 2022, with plans to bring its professional trading tools to OpenSea users.
NFTs | OpenSea | News
📣 Bugatti and Asprey Unveil The Most Expensive NFT Inscribed on the Bitcoin Blockchain
The Bugatti family was known for producing luxury goods long before they entered the automobile industry. Rembrandt Bugatti gained fame as a talented sculptor in the late 1800s and early 1900s, while Carlo Bugatti specialized in designing and manufacturing Art Nouveau furniture during the same era. This statement has stayed with the family for generations and served as the impetus for the collaboration between Bugatti and Asprey. The Asprey Bugatti Egg Collection will be launched both as physical “objet” and generative artwork, with 111 physical eggs linked to Bitcoin NFTs. Much like the luxury cars that share their same name, these eggs won’t come cheap. That high price tag reflects the quality of the materials the NFTs’ physical counterparts are crafted from. The eggshell of the Royale Edition of the Asprey Bugatti Egg Collection is made from carbon fiber and formed into the perfect egg shape during a long and complex process. According to Walker, it is encased within a sterling silver diamond weave lattice, gently angled downwards to a curved base portraying movement and echoes Asprey’s heritage in jewelry and furniture.
NFTs | OpenSea | News
📣 Blur Surpasses OpenSea as the No.1 NFT Trading Platform
Over the past 30 days, NFT sales volume on prominent blockchains like Ethereum, BNB Chain, and Flow has declined by 14%-41%. However, on other chains like Solana, Polygon, Cardano, and Arbitrum, the numbers have risen in the 11% to 64% bracket. Thus, it can be said that even the NFT market is moving in tandem with the crypto market, as indecisiveness continues to prevail. Moreover, the bigger picture seems to be even bleaker. A recent tweet from the Director of Research at “PROOF” brought to light that the banking crisis likely instigated a “structural shift” within the NFT arena. In fact, according to Sam, aka NFTStatistics, “Since the SVB saga, unique NFT buyers per day have been about 25% lower than they were before. Feels a bit like a structural shift happened then.”. Over the last couple of months, Blur’s command in the NFT landscape has made things better. The same is depicted by the rising orange footprint in the chart below. In fact, Blur is currently the top NFT trading platform by volume.
NFTs | OpenSea | News
⚡️ Elizabeth Arden Enters Metaverse with Virtual Store
Beauty brand Elizabeth Arden, which expanded to all Ulta Stores last summer, has launched its first-ever immersive virtual store experience, created in partnership with experiential e-commerce platform Obsess. The fully shoppable experience is designed to delight and engage Elizabeth Arden’s more digitally driven consumer base by allowing customers to experience the brand’s products and learn about the woman behind the brand. “Elizabeth Arden has been a leading beauty industry innovator for the past 120 years and we are thrilled to launch our first metaverse shopping experience in partnership with Obsess,” said Martine Williamson, Global Chief Marketing Officer. “We are truly operating as an omnichannel business to evolve our customer experience and engage a whole new generation of shoppers about our products and legacy through digital storytelling.” The Elizabeth Arden virtual store experience brings the company’s history to life through interactive content and images that tell the story of its inspirational female founder, her impact on the beauty industry and the brand’s evolution.
NFTs | OpenSea | News
⚡️ Bluzelle Launches Capella: The Game-Changing NFT Marketplace for Web3 Games on Cosmos
Bluzelle, the Cosmos-based GameFi blockchain, has just launched a new NFT marketplace called Capella to facilitate Web3 games powered by the blockchain. Capella’s efficient support for NFTs and SFTs is part of its mission to deliver an unparalleled user experience and greater utility for gamers. Bluzelle hopes to develop state-of-the-art infrastructure solutions to propel GameFi and NFTs into the future in light of the recent surge in activity on the Cosmos and IBC Chains. One major problem with Cosmos-based NFT marketplaces is that they need to support semi-fungible tokens (SFT), used increasingly in Web3 games. The value of virtual game assets and their secondary market liquidity is thus minimal. However, Bluzelle has introduced IBC-enabled capabilities with Capella, making buying and selling tokens, NFTs, and gaming assets possible through a unified interface.
NFTs | OpenSea | News
📣 Moondogs Confirms Core Tokyo as First NFT Project Coming to Openwaters Launchpad
Moondogs’ native Non-Fungible Token (NFT) launchpad, Openwaters, has confirmed its first project on the Core chain. The launchpad will host Core Tokyo shortly. Moondogs unveiled Openwaters on March 8, and since then, the protocol has planned to onboard its first project. Now, the protocol has confirmed Core Tokyo as its first NFT project on the Openwaters launchpad, and Moondogs NFT holders would get a whitelist to mint the collection. Core Tokyo is a collection of 9,000 unique avatars that unlocks some exclusive perks like membership to a gathering of artists and Web3 enthusiasts on the protocol’s ecosystem. Moondogs confirmed the launch with BSC News, stating that it is the beginning of a golden era of NFTs on the layer-one blockchain. The Core Tokyo collection will go live on April 25, and the protocol will share details, including mint time, on April 24. Interested users should visit the Core Tokyo Twitter page for more details. Also, interact with the tweet below to receive a whitelist.
NFTs | OpenSea | News
📣 David Bowie is back to life with new musical NFTs
David Bowie, widely regarded as one of the most influential musicians of the 20th century, was also extremely prolific, producing a vast body of work throughout his career. He has released 27 studio albums and 128 singles, in addition to several live albums and soundtracks. But looks like the late singer-songwriter has one song left to perform even after he passed away in 2016. On Thursday, Gala Music, a division of Web3 company Gala Games, teamed up with music publisher Warner-Chappell Music and producer Larry Dvoskin to release a previously never-heard version of David Bowie’s iconic 1983 tune “Let’s Dance” through a small announced the release of Batch of NFT.
NFTs | OpenSea | News
📣 Meta Sunsets ‘Digital Collectibles’ as Platforms Cool on NFT Adoption
As of April 11, Meta will discontinue its NFT-sharing feature ‘Digital Collectibles.’ Marking the end of a project that allowed users to display their NFTs on Instagram and Facebook. Initially launched in May 2022, the feature was conceived as a way to better integrate the platforms into the digital collectibles ecosystem. Users could connect a crypto wallet and share the compatible image- or video-based NFTs as a special type of post. Existing Digital Collectible posts will be converted to ordinary Facebook and Instagram posts and Meta will no longer connect to third-party wallets. It may come as a surprise to see Meta winding down the program less than a year after its launch. As recently as November, the Big Tech firm rolled out integration for Solana wallets. Suggesting a continued commitment to NFT compatibility. But that initial enthusiasm seems to have died. Following a wave of hype that characterized the space previously, in July 2022, Microsoft-owned Mojang Studios announced that it would not support NFC compatibility on Minecraft.
NFTs | OpenSea | News
📣 M&A Activity in Metaverse Technology Market to Set New Growth Cycle
Global Metaverse Technology Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. The Metaverse is a network of 3D virtual world shared by multiple users in which participants can interact with each other's via avatars. Metaverse taps technologies such as VR and AR to build a social connection. Additionally, Metaverse participants are able to engage in decentralized virtual economies such as cryptocurrency. Metaverse Technology also includes marketplaces where users can buy, sell and exchange items like digital assets like virtual clothing, avatars, NFTs and event tickets.
NFTs | OpenSea | News
⛵️ OpenSea Releases New Wallet Function Update Helps Users Simplify Operation
OpenSea announced on social media a number of enhancements, including the wallet feature, aimed at enhancing the platform’s user experience. The wallet has been updated to simplify ETH packaging/unsealing even more, to provide real-time balance refresh, and to update the collection order mode. The service will be simpler when the new function is updated, and network navigation will be easier after the in-app blockchain transition. OpenSea announced a series of updates, such as the wallet function, aimed at improving the user experience of the platform, including wallet upgrades to further simplify ETH packaging/unsealing, support real-time balance refresh, collection order mode update, added NFT quotation depth option and quotation option added NFT feature filter. After the new function is upgraded, the service will be simpler, and the network navigation after the in-app blockchain switch will be easier. At the same time, users can accurately understand their transaction amount and view the latest floor price and maximum bid in real-time.
NFTs | OpenSea | News
⚡️ Japanese Government Mulls Promoting NFTs in Sport
The Japanese government may push to adopt non-fungible tokens (NFTs) in the sports industry. Nikkei reported that Tokyo could move after the ruling Liberal Democratic Party Web3 “Digital Society Promotion” team issues a white paper on the matter. The white paper is yet to be published, but sources appear to have discussed the matter in detail with the media outlet.The Web3 team has noted that “fantasy sports” are “gaining popularity overseas” and wants to “encourage” domestic “companies” to “enter” the sector. Sports like baseball and football (soccer) have enormous followings in Japan.As such, any possible Japanese NFT-powered fantasy league would doubtless enjoy great popularity.However, Japan’s strict anti-gambling laws could provide a stumbling block.
NFTs | OpenSea | News
📣 Enjin Coin price soars as focus shifts to the upcoming NFT.io
Enjin Coin (ENJ/USD) price went vertical on Friday as investors focus on the upcoming NFT.io launch. The ENJ token rose to a high of $0.50, which was the highest point since March 2 of this year. It has jumped by more than 97% from the lowest level this year. Enjin is a major blockchain platform that operates in the gaming and non-fungible token (NFT). The platform provides key products like a wallet where users can manage their cryptocurrencies and NFTs. Enjin Platform makes it possible for developers to integrate NFTs with gaming platforms. Further, it runs JumpNet, a forever-free Ethereum scaling platform. Most importantly, Enjin runs Efinity, a leading Polkadot parachain.
NFTs | OpenSea | News
🪙 26,000 people attended Decentraland’s Metaverse Fashion Week
web3 virtual world Decentraland’s Metaverse Music Festival before, but its other big annual event is Metaverse Fashion Week. Citing Decentraland’s own figures, it reported that attendance at the event fell from 108,000 people in 2022 to just 26,000 this year – 76% down, despite the presence of brands like Dolce & Gabbana and Tommy Hilfiger. “Although attendee numbers were down, we had tens of thousands of new visitors to the metaverse,”. Metaverse Fashion Week chief Dr. Giovana Graziosi Casimiro. This isn’t the first time Decentraland’s scale has made headlines. In October last year, a report claimed that the world only had 38 daily active users. It turned out that this was just the number of people interacting with its smart contracts (i.e. buying NFTs/land). Still, the official daily total of 7.1k unique visitors was still a far cry from the biggest non-web3 games and virtual worlds like Roblox and Fortnite, which count their users in the millions and tens of millions. Access unlimited News articles on the site, PLUS a trial of Music Ally’s subscriber-only services, including our industry-leading daily Bulletin email.
NFTs | OpenSea | News
📣 EU Consultation Warns on Risk of Big Players Becoming Metaverse Gatekeepers
Online giants could dominate the metaverse, blocking out local companies, the Euroepan Commission warned Wednesday in a consultation on its new policy for virtual worlds. The European Union’s executive arm is set to issue proposals in the coming months, but they likely won’t include a draft bill, said the call for evidence, which is open until May 3. The paper sets out a range of policy issues for what it calls Web 4.0, where physical and virtual worlds interact immersively, using connected smart devices. It cites issues like equality, data privacy, cybersecurity and openness, as well as finance for local businesses. The EU recently passed a Digital Markets Act to rein in supposed anticompetitive behavior by internet giants such as Meta, Google and Amazon, but is worried similar trends could occur in later iterations of the internet economy. It cites issues like equality, data privacy, cybersecurity and openness, as well as finance for local businesses.
NFTs | OpenSea | News
🖼 NFT Sales Near $2 Billion in March as Blur Dominates Market
The NFT market surged in February, topping $2 billion in total trading volume per data from DappRadar—a 117% increase from the previous month. And that momentum remained nearly intact into March, with data showing only a slight dip to under $2 billion. The vast majority of that trading volume again came from Blur, with nearly $1.35 billion worth of Ethereum NFT trades on the marketplace, up slightly from about $1.32 billion in February. Blur trading activity surged in mid-February when the marketplace launched its BLUR reward token, which has incentivized mass flipping from “whale” traders—that is, traders who hold large positions in a given collection and act as so-called market makers.
NFTs | OpenSea | News
📣 Iconic Quotes NFT App Now Enables Instant NFT Creation for Stories, Poems, and Quotes.
Non-fungible tokens (NFTs) have become a hot commodity in the crypto space and have turned millions of people into millionaires. The massive adoption of the trend is proof that it is a viable investment opportunity, but what's most interesting is the fun and innovative ways investors are using NFTs to make passive income. For sports fans and athletes around the world, their obsession is about their favorite teams and the. Nonfungible Tokens (NFTs) are a type of cryptographic asset that is unique and used to create and authenticate ownership of digital assets. This includes cartoons, music, movies and video clips, JPEGs, postcards, sports trading cards, virtual real estate or pets. The Non-Fungible Tokens (NFT) Software Market research report provides all the information related to the industry. It gives the outlook of the market by giving authentic data to its client which.
NFTs | OpenSea | News
📣 Carbon-Backed NFT Collection Ecosapiens Raises $3.5M
Non-fungible token (NFT) project Ecosapiens has raised $3.5 million in seed funding towards its mission to make blockchain collectibles more environmentally conscious. The round was led by Web3 fund Collab + Currency, with participation from investors like founder of digital fashion company 9dcc gmoney, vice president and head of corporate development at Coinbase Ventures Shan Aggrawal, former chief operating officer of Moonbirds Ryan Carson and others. The nature-inspired avatars act as a vehicle for collectors to offset carbon emissions. Each Ecosapien owner can also purchase additional carbon credits to evolve their NFT and gain rarity traits. Co-founder of Ecosapiens Nihar Neelakanti told CoinDesk that he was driven by a mission to help the environment. He said that utilizing NFTs as a channel for selling carbon credits is the most efficient way to participate in “impact-to-earn,” which allows consumers to help take climate action and earn rewards through activism. Neelakanti told CoinDesk that he plans to use the funding to build out the Ecopsapiens marketplace.
NFTs | OpenSea | News
📣 BLUR Token Plummets Over 28% in March, Despite Blur's Dominance in NFT Sales Market
While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than 88% since the crypto asset’s all-time high recorded on February 14, 2023. The NFT marketplace Blur has captured a majority of the NFT sales over the past month. The Dune Analytics dashboard, created by @hildobby, shows that over the past week, Blur accounted for 42% of trades, while the NFT marketplace Opensea accounted for 48.3%. In terms of trader count this past week, Opensea outpaced Blur, with over 89,000 traders compared to Blur’s 39,000. While the marketplace has been competitive, Blur’s native token, BLUR, suffered this past month compared to most crypto assets. For instance, while ETH rose 8.5% higher and BTC rose by 19.8% in March, BLUR dropped 28% against the U.S. dollar. BLUR holds the 161st largest market capitalization, with a circulating supply of 426.84 million BLUR tokens.
NFTs | OpenSea | News