Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
NFT
Shopify Will Allow Users To Sell And Mint NFT
Digital commerce giant Shopify announced its venture into the NFT space. The company, which makes selling products and services easy for small businesses, announced an integration for NFT stores. Tobias Lütke, CEO of Shopify, announced its own NFT beta program. He revealed that the company partnered with GigLabs for the project. The service will work as a GigLabs NFT app in the Shopify App Store. The app will allow users to mint and sell NFTs using the Flow blockchain. Currently,…
3 years ago
Melania Trump Announces NFT Collection On Personal Platform
We’ve seen celebrities. We’ve seen athletes. Now, a former first-lady has entered the NFT game. Recently, Melania Trump – wife of 45th US President Donald Trump –announced that she would begin releasing NFTs on MelaniaTrump.com. Partial funds raised from these collectibles will support children aging out of foster care. Melania Trump NFTs? The former first lady announced her upcoming collection in a statement over Twitter on Thursday. The first NFT she plans to release, Melania’s Vision, will be available from…
3 years ago
Nike Buys NFT Sneaker Studio RTFKT
It's official - Nike is stepping into the NFT industry, big time. The sports apparel company acquired RTFKT, a virtual shoe company. Nike did not disclose the terms of the deal. However, it did say that the company is at the cutting edge of next-gen collectibles. This acquisition is another step that accelerates Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming and culture Nike's President and CEO John Donahoe said…
3 years ago
Pepsi Slammed For Cringeworthy Use Of NFT Lingo
Multinational corporations have been trying to be "cool" since forever. One of the ways they try to do it is by adapting to new trends or even copying their jargon. However, they rarely pull it off. Instead, they usually alienate the users they are trying to appeal to. That's what is happening with Pepsi, which tried to jump on the latest trend - NFTs. Of course, right now, all the cool people are into NFTs. That's why celebrities and giant…
3 years ago
Why Your Favourite Athletes Are In Love With Crypto
Since Bitcoin took off late last year, word of either cryptocurrency, blockchain or NFTs has permeated almost every conceivable industry. But, of course, some groups show greater interest in the space than others. Some market participants – while exciting – aren’t exactly surprising. Elon Musk, Michael Saylor, and Jack Dorsey – all Bitcoin lovers and billionaires – are tech nerds running tech companies. One would expect them to be the first to grapple with an industry at the forefront of…
3 years ago
What Makes a Successful NFT Project – 7 Things To Consider
The NFT industry is booming. Yet, hundreds of others will zero for every project that goes to millions. So how can one stand out? How to separate the good from the bad (and the ugly)? If you want to invest in NFTs or if you're going to become an NFT artist yourself, read on. NFTs, or non-fungible tokens, grabbed the attention of artists, entrepreneurs, crypto investors, and art collectors alike. They have spotted and jumped on a trend - that…
4 years ago
Helicon NFT Review – DeFi, NFTs, and Gaming, All in One Place
HeliconNFT is a blockchain-based project seeking to combine DeFi, NFTs, and gaming into one global ecosystem. In this regard, it comes with innovative features that bridge the gap between traditional, centralized games and blockchain technology. The platform is a self-custodial (DAO) marketplace built on ETH layer-2 for NFT developers, gamers, and DeFi traders. It enables users to mint and collect NFTs, use them in games, or trade them in the Helicon marketplace. When referring to its ecosystem, HeliconNFT proudly states,…
4 years ago
First Wikipedia Edit To Become An NFT
With billions of page views each month, Wikipedia is one of the most popular online encyclopedias globally. The website's popularity derives from the breadth of its content and the network of users who keep the information updated voluntarily. Wikipedia was born in January 2001 and, after a difficult start, it managed to gain popularity year after year. Today the online encyclopedia takes a new step in its future, entering the NFT sector for the first time. Our article will remind…
4 years ago
Tron Version Of ‘Bored Ape’ Bought for $15 Million By Tron Founder
An ape NFT from "Bored Ape Yacht Club Tron," a Tron network "homage" to the original Bored Apes, sold for $15 million dollars. The person who bought it was none other than Tron network founder Justin Sun. Sun, a Chinese-American tech entrepreneur is also the CEO of BitTorrent, a popular torrenting app and a Chinese messaging app Peiwo. He claimed that his Joker-themed NFT, number 6666 in the Bored Ape Yacht Club Tron (BYAC Tron), is the most expensive Twitter…
4 years ago