The fees on LooksRare, a marketplace for non-fungible tokens (NFTs), have been reduced by 75% as part of the platform’s update to version 2, the firm said on April 6. In LooksRare version 1, the commission rate was 2%. In version 2, this was cut down to 0.5%. Moreover, v2
Reddit Avatar’s Drop, season 3, is going to take place on the 10th of April. This announcement about the 3rd generation of Reddit Non-Fungible Tokens (NFT) is receiving positive feedback from the online discussion forum participants. Reddit is deploying their new contracts, Gen 3 of the avatars are on their
NFTs, ‘Non-Fungible Tokens’ are digital assets. These assets are stored in the blockchain and can be owned similar to cryptocurrencies. The term ‘non-fungible’ refers to everything that is irreplaceable or unique. The term ‘token’ refers to the authority of ownership or proof. There are several sorts of NFTs other than
After his court appearance on Tuesday in New York City, former U.S. President Donald Trump’s NFT collection saw a significant increase in sales. In December, a set of Trump digital trading cards was created, and since then, their value has skyrocketed. The collection has had some modest success in the
The round was led by Collab+Currency and included gmoney as an advisor SAN FRANCISCO–(BUSINESS WIRE)–Ecosapiens, an eco-conscious collective that defends the climate through creative tech, today announced $3.5 million of funding in its latest seed round. The round was led by consumer web3 fund Collab+Currency with prominent investor, builder, and
Arbitrum is a network that allows users to transact with lower fees on Ethereum. After high anticipation, Arbitrum released their token ARB airdrop live on March 23. The Ethereum layer-2 scaling solution is distributed over 1 billion ARB tokens. That causes the market capitalization to be around $1.5 billion. The
Yat Siu, the co-founder of Animoca Brands, a gaming company, has indicated that royalties have helped drive the rise of the non-fungible token (NFT) market. All of these developments occurred due to the fact that royalties were conceivable as per Siu. Siu, the co-founder of the Hong Kong-based firm, has
PARK CITY, Utah–(BUSINESS WIRE)–Limit Break, a blockchain-based gaming company and pioneer of free-to-own online gaming, will purchase FreeNFT, a California-based firm that gives away NFTs to collectors in a deal expected to close this month. Limit Break is thrilled to announce its latest initiative aimed at growing the NFT ecosystem
Partnership Eliminates Complexities of DIY Crypto Tax Filing, Helping Users Remain Tax Compliant SAN FRANCISCO–(BUSINESS WIRE)–CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, today announced its partnership with H&R Block for the 2023 tax season, a leading tax preparation company. Through the partnership, users can now
The recent talks about Bitcoin NFTs have gained massive attention. Post the launch of Ordinal at the start of the new year, the NFT marketplace saw a jump from leading NFT blockchains to Ordinals. Specifically, Ethereum and Solana were well-known leads in the field of NFT. Another major hit was
