BLUR, the native token of the Blur NFT marketplace, saw a recent boost in its market price following a particular announcement. According to data by CoinMarketCap, BLUR has gained by 11.75% in the last 24 hours, emerging as one of the top gainers in today’s market. Looking at its price overview, BLUR has shown a…
Platinium Group, the premier ticket provider for Grand Prix events, has joined forces with an NFT marketplace, Elemint; and a web3 company, Bary, to release a new NFT ticketing system on Polygon that debuted this weekend at the Formula 1 event in Monaco. Tickets for the Monaco Grand Prix, which is ongoing and started on…
Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According to a report by Nansen, a crypto analytics platform, NFTs have fallen behind in doing the most in Ethereum gas fees. Notably, while Ethereum’s transition to proof-of-stake, in an event known as “The Merge,” is anticipated…
The Non-Fungible Tokens (NFT) industry has been a hub of innovation and growth over the past year, but as it approaches the midway point of 2023, the market is showing signs of maturation and change. According to a recent report by DappRadar, NFT sales could fall below $1 billion for the first time this year.…
A recent report published on WIPO’s global database for intellectual property disclosed LG Electronics’ application to acquire an NFT trading patent for its Smart TV. Notably, the WIPO guide states that a filing application can only be published after 18 months. As such, the South Korean tech company filed for the patent in November 2021. Now…
Cardano (ADA) is trading below yesterday’s closing price as it exhibits price volatility. This price drop comes despite the fact that its trading volume increased by over 26% in the last 24 hours. ADA has now lost its earlier gains in the past week, dropping from $0.4028 on April 29, 2023, to $0.3974 on April…
AVAX, the native token of Avalanche blockchain, has been making headlines lately as the Avalanche NFT transfers soared to record figures in the month of April alone. As the blockchain world continues to expand, the surge in NFT transfers on the Avalanche network raises a burning question – Will this help AVAX price go up?…
With the recent hype and increase in meme coins on Solana over the past weeks, the network has gained a significant amount of momentum, pushing it to an uptick both in on-chain activity and trading volume. Solana has begun to show recovery signs from the FTX scandal following a recent spike in momentum. Even the…
Polygon has been stuck in its current sideways movement since the later half of 2022. Since then, the ecosystem’s native token MATIC has not left its current support of $0.7550. This spot has left MATIC in a very delicate situation even as Polygon itself is setting itself apart from competitors. Polygon Going Strong The ecosystem…
Decentraland (MANA), the cryptocurrency launched in 2020 by Ariel Meilich and Esteban Ordano, failed to take advantage of some of the positive developments that happened within its ecosystem this year as it closes 2022 in a “beaten” state. Over the last 12 months, the digital coin has shed 91% of its value, failing to recover…