July 26, 2024
Headlines

NFTs

Bored Ape Yacht Club NFT Sold, Marking Significant Depreciation

Sasha Mednikova04 mins

Bored Ape Yacht Club #9258, previously under the ownership of renowned American comedian Kevin Hart, has recently changed hands for approximately 13.26 ether ($46,200). This transaction unfolded today on Blur, a non-fungible token exchange platform, following several exchanges over the weekend. The sale, notably, reflects a substantial decrease in value compared to Hart’s initial investment…

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Solana-Based NFTs Achieve Remarkable Milestone Surpassing $5 Billion in All-Time Sales Volume

Sasha Mednikova06 mins

Solana blockchain’s NFTs hit a milestone, exceeding $5 billion in all-time sales. However, just months ago, Solana struggled in the NFT space, facing challenges in gaining traction. Therefore, the recent surge in activity signifies a remarkable turnaround for the Solana blockchain. Moreover, this achievement showcases the growing popularity and acceptance of Solana’s NFT ecosystem. On…

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NFTs: Worthless or Valuable?

OarSmaN E.E.08 mins

Mainstream Media Weighs In Rolling Stone, a mainstream media outlet, recently published a scathing article on non-fungible tokens (NFTs), declaring them “finally totally worthless.” The article cited a study by DappGambl, which found that as many as 95% of NFTs have no value at all. The study, which analyzed over 1 million NFT collections, found…

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