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NFT The number of NFT traders active on a weekly basis has sunk to its lowest level since August 2021, according to The Block Research.Liquidity farming driven by marketplace Blur’s ambitious incentive program aimed at wooing traders away from OpenSea, the long-time leading platform in NFT trading, has spurred an erosion in pricing. The lower pricing coupled with general market volatility has then had the knock-on effect of reducing the number of traders, said The Block Research Analyst Brad Kay.“This erosion of the floor price, paired with heightened market volatility, has dampened the usual urgency to buy, the ‘fear of…

Having completed their first roadmap (titled Crafting and Nurture) with the implementation of wearable Augments, Genopets brings us their roadmap for the next phase, this one titled The Road to Market! Genopets introduced customization of NFT Pets with Augments not long ago. This completed their previous roadmap, so now they introduce us to a new one, focused on Augments and PvP games! This next phase is also flagged as the ‘final road to phase II’. Implying that there will be a new phase after this — perhaps even an official launch? Whatever the far future holds is still unknown. But…

NFT Non-fungible tokens (NFTs) have taken the digital world by storm. Their uniqueness and rarity are bringing about a paradigm shift in various industries, especially in digital art. Amid this trend, storytelling has emerged as a powerful tool for NFT marketing. It is not just about the digital asset anymore; the narrative surrounding it holds equal significance. The role of storytelling in NFTs is to provide context, adding depth and meaning to these digital assets. By imbuing NFTs with a backstory, marketers can emotionally engage potential buyers, fostering a deeper connection between the consumer and the digital token. The Power…

Blockchain Solid World takes a step towards financialization of carbon credits on the blockchain with the opening of the first forward carbon assets pool on automated market maker Polygon, the company said today in a press release. In the liquidity pool, projects can essentially pre-sell future carbon credits at a price determined by an automated market maker, said Solid World CEO Stenver Jerkku. A breed of blockchain startups like Solid World looking to provide financial and technical tools to mitigate climate change impacts has grown bigger in the last few months. Enterpreuners hope that blockchain can bring transparency and boost…

Blockchain China is gearing up for another blockchain technology push after promising to train half a million new “experts” to work in the sector. Blockchain was earmarked as a growth sector by Chinese President Xi Jinping in 2018. In the years that followed, blockchain salaries ballooned in the nation. But in recent years, Chinese blockchain fervor has slowed. Beijing appears keen to halt this, however. Per the China Youth Daily, Beijing has opened a new National Blockchain Research Center, after plans to launch the center were unveiled last week. The center has been charged with training “500,000 blockchain professionals.” It…

NFT NFT marketplace Blur is growing by leaps and bounds. With the launch of Blend, Blur’s new lending platform, it’s hit yet another milestone. Data per Dune, now shows that Blend has facilitated more than 100,000 ETH in total volume, or roughly $181 million, just 17 days since its launch. Blend lets users take out Ethereum loans by putting their NFTs up as collateral. They can then use this loan to purchase new NFTs on the Blur marketplace. In return, liquidity providers receive interest, a mechanism that’s spawned the “NFTfi” niche in crypto. Total volume on Blend in ETH. Source:…

NFT The non-fungible token (NFT) market is evolving, and measuring its success depends on which metrics you’re looking at. According to a new report released by DappRadar on Thursday, NFT trading volume for the month of May has reached $333 million so far, putting it on track to fall below $1 billion for the first time this year. In contrast, there have been 2.3 million sales executed so far this month and a notable increase in the number of weekly active wallets interacting with NFTs. Sara Gherghelas, a blockchain analyst at DappRadar, told CoinDesk that the number of NFT sales…

NFT London’s House of Fine Art (HOFA) gallery is one of the pioneers of the crypto art scene, being one of the first venues to showcase NFT artworks in a physical space back in 2021. Back then, it took a somewhat conservative approach, focusing on prints of CryptoPunks alongside physical sculptures and NFT-adjacent work. This time around, its “Beyond the Screen” exhibition is dialing up the digital element, with vibrant screens displaying eye-popping animated work by the likes of XCOPY, OSF and DeeKay. But the word “NFT” is nowhere to be seen. NFTs are “just a medium,” said NFT artist…

Blockchain A handful of Cosmos ecosystem contributors will partner in funding an initiative to bring Mesh Security to life. Not to be confused with Interchain Security (ICS), Mesh Security is a separate security model designed to increase the economic security of the Cosmos network while enabling individual blockchains to remain sovereign. In an interview with Blockworks, Sunny Aggarwal, the cofounder of Osmosis Labs, drew comparisons between Mesh Security and the NATO alliance. “NATO is a security alliance, and all the countries in NATO have their own militaries but if one country is attacked they all rush to the other’s defense……

In the dawn of the Web3 era, where new technologies are transforming how we create and appreciate art, there is a new community aiming to become a beacon by offering a fresh way to support the arts while enjoying the rewards of collecting.Led by the Executive Director of the Foundation for Art and Blockchain (FAB), James Baggett, FAB DAO is creating a democratic space where individual collectors are empowered to become patrons of the art they love. This is a transformative shift, enabling art lovers to actively participate in their cherished artistic initiatives, decision-making, and financial support.We spoke to James…