Author: NFT Evening

In the NFT market, sales have reached $109 million, showing a notable shift in the last week. 21% more trades were made than there were sellers, even though there were fewer buyers overall (2,435,539 trades). This indicates strong activity even in the face of lower participation.Ethereum and Polygon Dominate NFT TransactionsEthereum maintained its dominance in NFT sales, generating $32.7 million, even amidst concerns about wash trading. Polygon, on the other hand, saw a remarkable 90% rise in its NFT trading volume, surpassing Bitcoin and Solana with $24 million in sales, including $3.1 million from wash trading, despite a nearly 79%…

The world of Non-Fungible Tokens (NFTs) is changing quickly. As technology and creativity come together, new NFT trends are appearing. These trends are set to shape the future of digital arts in 2024 and 2025. This guide explores these top upcoming NFT trends, giving you insights into the future of NFT use cases.Key Takeaways:According to CryptoSlam, the total NFT sales volume is over US$65 billion, with Ethereum, Solana, and Bitcoin being the top blockchains for NFT traders.The top NFT trends to watch out for are the rise of utility NFTs, the tokenization of real-world assets, NFTs in the music industry,…

Non-fungible tokens (NFTs) have exploded in popularity, grabbing headlines and fetching millions for digital artwork and collectibles. But what exactly are NFTs, and are they a sound investment? Like any investment, NFT investing has its pros and cons. This guide will explore both sides to help you understand if NFTs are right for you.Market on the Rise: According to CryptoSlam, the global NFT market reached a staggering $65.4 billion in total sales (at the time of writing), with analysts predicting continued growth.Key Takeaways:NFTs (Non-Fungible Tokens) are unique digital assets verified using blockchain technology with each NFT being distinct and digitally…

The Solana blockchain has emerged as a powerful platform for creators to launch their own non-fungible token (NFT) collections. With its blazing-fast transaction speeds, low fees, and growing ecosystem, Solana offers a compelling alternative to Ethereum for NFT projects. Here’s a comprehensive step-by-step guide for launching your Solana NFT collection, covering everything from initial setup to post-launch promotion.Key Takeaways:NFTs are unique digital assets on blockchains, with Solana offering fast transactions and low fees, making it an attractive alternative to Ethereum for NFT creation and trading.Setting up a Solana wallet and choosing a minting platform like Metaplex Candy Machine or Gumdrop is…

Avalanche’s Q2 Performance OverviewAvalanche (AVAX) encountered significant declines in key metrics during Q2 2024, as reported by Coin98 Analytics. Fee and revenue figures totaled $3.5 million, reflecting a worrisome 22% decrease from the previous year. This decline highlights challenges in sustaining revenue amidst volatile market conditions.Transaction activity remained robust with over 101 million transactions processed, yet daily active addresses saw a notable 26% drop year-on-year, suggesting reduced user engagement. Similarly, daily transaction volumes decreased by 30%, indicating a slowdown in network utilization compared to earlier periods. Despite onboarding 2 million new addresses, Avalanche’s growth in unique addresses reached 21 million,…

There’s been a big drop in the buying and selling of NFTs again in June 2024. NFT sales have fallen way down, by 42.04% compared to last month. However, Bitcoin’s (BTC) price has also been going down lately, similar to what’s happening with NFTs. Bitcoin reached its highest price ever ($73k) in March 2024, but it hasn’t been able to go back up to that price yet. Right now, Bitcoin is trading around $56.5k, according to CoinMarketCap.This report will delve into these changes, analyze the top-selling NFT collections, highlight the leading blockchains by NFT sales volume, and provide insights into what…

“Attack on Titan” the renowned Japanese anime is making its way into the crypto gaming realm through a partnership with The Sandbox. This collaboration aims to transform the post-apocalyptic universe of “Attack on Titan” into an interactive virtual landscape within The Sandbox’s Ethereum-based metaverse.Details of the CollaborationThe IP owner, Kodansha Ltd., gave permission to the Sandbox and the businesses Minto and Copro Corp. Together, they will create NFTs and grow the themed area. The franchise’s postapocalyptic universe will come to life in the new interactive format.Sebastien Borget, COO and co-founder of Sandbox pointed out “Attack on Titan’s” worldwide importance. He…

Ubisoft’s decision to partner with doublejump.tokyo follows a previous collaboration with Immutable, emphasizing its commitment to incorporating NFTs across gaming experiences. This strategic move positions Ubisoft’s future games within the NFT ecosystem, leveraging partnerships for NFT infrastructure rather than solely relying on its own Quartz initiative.Champions Tactics: Grimoria Chronicles appears to follow a familiar format typical of modern mobile and PC card games. The gameplay trailer, while lacking details on NFT integration, hints at potential NFT features tied to its promised “thousands of unique heroes.An announcement from Double Jump.TokyoThe CEO of Double Jump.Tokyo, Hironobu Ueno, expressed enthusiasm for the collaboration…

The global NFT market shows early signs of recovery after a tough few months. Many floor prices had dropped by 23% from their previous highs. Data from CryptoSlam.io reveals a substantial increase in global NFT sales over the past week. Total trading volume reached $108 million, reflecting the 7.69% surge mentioned earlier and the return of investor confidence in the sector. In the last week, the number of investors buying NFTs increased by 20%. Nearly a million collectors joined the market, pushing NFT transactions above 1.5 million. This surge in activity highlights growing interest in NFTs.Ethereum Dominates NFT TradingEthereum, which hosts…

In Q2 2024, Web3 user interaction saw a big increase. There were roughly 10 million daily unique active wallets (dUAW). This marks a 40% rise from the first quarter. This rise was reported in a study published on July 4 by DappRadar. The analysis revealed a positive trend in DApp market across a number of different segments. This positive movement indicates a strong and growing interest in Web3 technologies.The social sector leads the wayThe social area experienced the largest growth. Daily unique active wallets rose by 66%, thanks to apps like Fantasy.top and UXLINK. These platforms attracted many users.  The…