NFTs
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Ordinals GAS Protocol Generates Over 100BTC in Cost Revenue from NFTs
According to reports, according to the latest data from Dune Analytics, the cost revenue of the Bitcoin NFT protocol Ordinals GAS has exceeded 100BTC, reaching 100.3498 BTC at the time of writing, equivalent to approximately US $2739562.87. As of now, the cumulative casting volume of Ordinals inscription NFTs has reached 534253. Bitcoin NFT Protocol Ordinals GAS Fee Revenue Breaks 100 BTC Analysis based on this information:The latest report from Dune Analytics has revealed that the Ordinals GAS protocol has generated more than 100BTC in cost revenue from the sale of its Non-Fungible Tokens (NFTs) on the Bitcoin network. The data shows that the cost revenue of the protocol has reached a value of 100.3498 BTC, which is roughly equivalent to over $2.7 million US dollars. The Ordinals GAS protocol is a decentralized platform that aims to simplify the creation and distribution of NFTs on the Bitcoin network. Its NFTs are called Ordinals Inscriptions and they are designed to be used…
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Bitcoin Ordinal Surges as NFT Popularity Increases
According to reports, Dune data shows that Bitcoin ordinal has minted 520200 NFTs in the past two months, while the number of NFTs minted five weeks ago was less than 50000. Bitcoin ordinal NFT has over 500000 foundries Analysis based on this information:The latest reports reveal that the minting activity of Bitcoin ordinal has increased significantly in the past two months. According to Dune Data, the blockchain analysis platform, Bitcoin ordinal has minted 520200 non-fungible tokens (NFTs) during this period. This marks a huge surge in the number of NFTs minted as compared to the previous months. Five weeks ago, the number of NFTs minted by Bitcoin ordinal was less than 50000, indicating a remarkable growth in the popularity of NFTs in recent times. The booming NFT market has attracted a lot of attention recently due to its potential for revolutionizing the art and collectibles industry. NFTs are digital assets that are stored on blockchain networks and provide a certificate…
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Hello Pets invests $6 million to expand the metauniverse ecosystem.
According to reports, Hello Pets, a Web3 entertainment project, announced the launch of a $6 million universe expansion fund to develop and strengthen the metauniverse ecosystem. It is reported that Hello Pet has purchased 10 “boring ape” BAYCs, including BAYC # 6966, BAYC # 6280, BAYC # 5245, BAYC # 4421, BAYC # 5914, BAYC # 7350, BAYC # 2045, BAYC # 9538, BAYC # 1522, and BAYC # 6933. These NFTs will be integrated into products and services such as movies, metauniverses, games, AR/VR applications, LEGO toys, and fashion in the future. Hello Pets launched a $6 million NFT and metauniverse fund, and purchased 10 BAYCs Analysis based on this information:Hello Pets, a Web3 entertainment project, has recently announced the launch of a $6 million universe expansion fund to strengthen and develop the metauniverse ecosystem. The project has purchased 10 “boring ape” Bored Ape Yacht Club (BAYC) NFTs, including BAYC # 6966, BAYC # 6280, BAYC # 5245, BAYC…
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Jewelry Giant TOUS Plans to Provide Online Retail Store Services with NFTs
According to reports, according to official disclosure information from the United States Patent and Trademark Office, jewelry giant TOUS has submitted a trademark application involving NFT, which mentions that the company plans to provide online retail store services in a virtual environment, including physical goods and virtual goods, namely clothing, shoes, headwear, fashion accessories, glasses, cosmetics, jewelry, and handbags, as well as digital clothing, shoes, headwear, fashion accessories, glasses Buyers and sellers of cosmetics, jewelry, and handbags provide an online marketplace that is certified through NFT. Jewelry giant TOUS submits a trademark application involving NFT Analysis based on this information:According to reports, TOUS, a well-known jewelry company, submitted a trademark application to the United States Patent and Trademark Office relating to non-fungible tokens (NFTs). The application stated that TOUS plans to offer online retail store services in a virtual environment, wherein they will provide both physical and virtual goods to buyers and sellers of clothing, shoes, headwear, fashion accessories, glasses,…
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DraftKings’ NFT Series Faces Litigation for Alleged Unregistered Securities
According to reports, according to NFTgators’ disclosure on social media, DraftKings is facing litigation for allegedly selling unregistered securities and operating unregistered stock exchanges in the form of NFT. Draftkins, a digital sports entertainment and game company, has launched the Primetime NFT series “2022 College Hoops Collection”. The NFT series will be launched during the college basketball national championship in March. The company has also reached a cooperation with the NFT company Metabilia to launch some NFTs based on the youngest players of the Major League Baseball (MLB). DraftKings faces litigation for allegedly selling unregistered securities and operating unregistered stock exchanges in the form of NFT Analysis based on this information:DraftKings, a digital sports entertainment and game company, is facing a potential legal issue for allegedly selling unregistered securities and operating unregistered stock exchanges in the form of NFTs. This came after the disclosure of NFTgators on social media. The disclosure has yet to be verified, but if the allegations…
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Bitcoin NFT Protocol Ordinals Mark 429,682 NFT Inscriptions with $1.6M Costs
It is reported that the latest data from Dune Analytics shows that the cumulative number of NFT inscriptions on the Bitcoin NFT protocol Ordinals has exceeded 400000, reaching 429682 so far, and the total cost incurred so far has reached about 79 BTC (about $1622000). The historical data shows that the casting quantity of Ordinals inscription NFT reached 200000 pieces at the end of February, which means that the increase in the month has exceeded 100%. The cumulative casting volume of the Bitcoin NFT protocol Ordinals exceeded 400000 pieces and the cost exceeded 1.6 million US dollars Analysis based on this information:The evolution of blockchain technology has seen the emergence of new and exciting digital assets that allow for seamless and secure transactions online. Amongst the most talked-about of these digital assets are non-fungible tokens (NFTs) which have become increasingly popular in recent times. According to the latest data from Dune Analytics, the cumulative number of NFT inscriptions on the…
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NFTs Can Be Considered Securities Under Certain Conditions
On March 7, the U.S. District Court for the Southern District of New York recently confirmed for the first time that under certain circumstances, NFT can be re…
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Yuga Labs Returns Valid Bids from NFT Series TwelveFold
On March 7, Yuga Labs said on Twitter: \”All the valid bids that did not rank in the top 288 of the NFT series TwelveFold have been returned to their receiving …
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ForkastLabs Launches Digital Asset Indexes for Real-Time Insight
On March 7, Web3 data intelligence company ForkastLabs launched a series of digital asset indexes, including Forkast 500 NFT, Forkast SOL NFT Composite and For…
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The Success of Yuga Labs’ TwelveFold Auction
It is reported that the TwelveFold auction of Yuga Labs has ended. In the auction, 288 successful bidders have won collectable encryption assets. These bidders…
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Bitcoin NFT Ecosystem Expected to Reach $4.5 Billion by 2025
It is reported that according to a report released by Galaxy Research on Friday, the emerging Bitcoin NFT ecosystem may reach US $4.5 billion in market size by…
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“NFTs give a voice to the viewers: A new way of making TV shows?”
On March 4, it was reported that Rick and Modi, the co-founder of Dan Harmon\’s new drama \”Krapopolis\”, had been renewed for the third season and would premiere…
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Baron Davis Believes Celebrities Will Focus on Creative Projects with Real Benefits
It is reported that Baron Davis, a former NBA player, said on Thursday that celebrities may now focus on projects that can bring real benefits and returns to u…
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OpenSea Seaport Upgraded to Version 1.4 Allowing Multiple NFTs with a Single Signature
It is reported that OpenSea Seaport has been upgraded to version 1.4, which supports multiple NFTs with a single signature. Open Sea said that it would no long…
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Binance AI Unleashes Bicasso Beta to Create NFTs from User’s Ideas
On March 1, CZ announced on social media that the Bicasso Beta version of the Binance AI product is now online. Bicasso can use AI technology to generate NFT f…
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Aavegotchi’s Proposal for GHST Joint Curve Closure Receives Strong Community Support
On February 28, it was reported that the proposal of Aave Ecological NFT game Aavegotchi to close the GHST joint curve of the protocol token had been voted, an…
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Doodles NFT Project Now Offers Genesis Box NFTs with Rare and Exclusive Items
It is reported that the NFT project Doodles released an update on social media and announced that after listening to the feedback and suggestions from the comm…
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Surge in NFTs being written into Bitcoin blockchain since introduction of Ordinals protocol
On February 28, according to Dune Analytics, users have written more than 200000 NFTs into the Bitcoin blockchain since the introduction of the Bitcoin network…
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Aptos and Outlier Ventures partner to launch accelerator program
It is reported that Aptos Foundation and web3 investment company Outlier Ventures have jointly launched Aptos X Outlier Move Accelerator. The plan will support…
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Emerging Market Blur.io Accused of Suspicious Behavior
It is reported that CryptoSlam has detected at least $577 million worth of shuffle transactions related to emerging market Blur.io, because the platform began …