Category: NFT News

Highlights: - Parsec announces closure after five years due to shifting market conditions. - CEO Will Sheehan cites a disconnect between their focus and current industry trends. - The crypto industry may face further consolidation as startups struggle to survive. Introduction to Parsec's Closure In a surprising move, on-chain analytics...

Highlights Logan Paul sets a record by selling a Pokémon card for nearly $16.5 million, making it the most expensive card ever sold. The sale has sparked controversy due to Paul's past involvement in a Pokémon card fractionalization scheme and its subsequent fallout. The overall NFT market is struggling, with...

Highlights NFT sales volume plummets to its lowest this year, declining by over 66% from January peaks. Top collections see significant market dips, yet Infinex Patrons and Autoglyphs stand out with gains. The broader NFT market cap drops significantly, indicating ongoing challenges for digital collectibles. Introduction: A Declining NFT Landscape...

HighlightsA Brazilian orchestral project seeks to transform Bitcoin price data into live music.The initiative has secured funding approval under Brazil’s Rouanet Law, allowing tax deductions for sponsors.This innovative approach aims to sonify Bitcoin’s financial fluctuations through a real-time orchestral performance.Transforming Data into Sound: A Unique InitiativeAn innovative orchestral project is...

Highlights: - The NFT market has dropped below $1.5 billion, returning to pre-2021 levels, alongside a general downturn in the cryptocurrency market. - A significant imbalance is emerging between NFT supply and buyer demand, leading to a reduction in sales and prices. - Multiple high-profile corporate exits and platform closures...