More than 80% of NFT transactions in 2021 were from retail buyers: Chainalysis
According to Chainalysis, retail customers accounted for more than 80% of all nonfungible token (NFT) transactions for less than $10,000 in 2021. NFT transaction trends for the year 2021 “The 2021 NFT Market Explained,” a report from blockchain analytics firm Chainalysis published on Dec. 6, detailed NFT transaction trends for the year 2021. Between January […]
Metaverse: Sale of virtual land tops NFT sales over the past week
The top 10 NFT Metaverse sales during the last week was for in-game digital land across the top five collections. According to NonFungible, an industry measurement platform, NFT sales have exceeded $300 million in the last week. Almost a quarter of the amount has been for digital land in the Sandbox Metaverse . Each of […]
Adidas joins list of companies partnering with Metaverse
Adidas said on Thursday that it will join the Metaverse in conjunction with the Bored Ape Yacht Club, gmoney NFT, and the PUNKS comic. Adidas announced today that it has purchased a Bored Ape Yacht Club NFT and is collaborating with Bored Ape creators Yuga Labs and others in the space to enter the metaverse—an […]
China’s central bank hints at monitoring metaverse and NFTs
The People’s Bank of China is after the metaverse and NFTs and wants to follow them using anti-money laundering technologies. According to a recent statement by a People’s Bank of China (PBoC) officer, China’s crypto crackdown is now extending to the metaverse and nonfungible tokens (NFT). Gou Wenjun, director of the PBoC‘s Anti-Money Laundering (AML) […]
Founder of defunct dark web marketplace Silk Road announces date for his NFT auction
A Twitter account run by Ross Ulbricht’s, (the founder of the now-defunct dark web marketplace Silk Road), supporter announced that the auction for his series of nonfungible tokens (NFT) will be starting off on December 2. On December 1, the imprisoned early Bitcoin adopter revealed his plans to auction the Ross Ulbricht Genesis Collection on […]