Magic Eden NFTs Marketplace Layoff 22 Employees
Magic Eden NFTs marketplace has announced the layoff of 22 employees, the reduction in workforce according to Magic Eden is part of its restructuring process towards its business goals in 2023. As the larger crypto economy continues to struggle with a brutal winter, Magic Eden, the leading marketplace for Solana NFTs , announced the termination […]
NFT collector sues OpenSea marketplace
OpenSea NFT marketplace faces charges by a nonfungible token (NFT) collector over a number of claims, including that he was locked out of his account for more than three months after falling victim to a phishing scheme. Robbie Acres, an OpenSea user, informed Cointelegraph that he promptly reported the theft of his NFTs via a […]
Co-founders of Nifty Gateway step down amid Gemini issues
Co-founders of the NFT auction platform Nifty Gateway, Duncan and Griffin Cock Foster, announced their resignations on January 25 in a Twitter thread. Twin brothers Duncan and Griffin Cock Foster, co-founders of the NFT platform Nifty Gateway , owned by Gemini, are leaving the company and resigning from their positions. Their resignations took effect right […]
What are Phygital NFTs and how to buy them
Unlike traditional NFTs, phygital NFTs represent digital assets with physical components that can be used to purchase physical goods related to the asset or unlock exclusive experiences such as virtual concerts and artwork exhibitions. Phygital NFTs are a new type of NFT that combines the characteristics of both physical and digital elements by linking a […]
How to evaluate NFT mint price
NFTs are far more than just a collectible, they also have practical uses and a market value that can be calculated with precision. This article explains in detail how to analyze NFT mint prices. The world has seen a number of significant advances, one of which is the development of non-fungible tokens, also known as […]