RTFKT, the creators of non-fungible token (NFT) sneakers and avatars acquired by Nike in 2021, has announced its closure. The firm revealed in a December 2 post on X that it will wind down operations ...
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Fan Tokens May Revolutionize Sports Engagement, Outpacing NFT Trends in Blockchain Adoption
Fan tokens are revolutionizing sports engagement, outperforming NFTs and fostering unprecedented interaction between teams and their supporters. As the cryptocurrency market evolves, fan tokens are em...
Yuga Labs acquires tokenproof to drive NFT innovation
Yuga Labs has acquired web3 tokenization provider tokenproof. Through the integration, the blockchain hopes to drive crypto and NFT adoption. In a recent X post on Dec. 3, tokenproof founder and CEO, ...
Yuga Labs Enhances NFT Accessibility Through Acquisition of Tokenproof Tech Team
The recent acquisition of Tokenproof’s tech team marks a significant step for Yuga Labs in enhancing utility and accessibility for NFTs in the Web3 ecosystem. This strategic move aims to bolster Yuga ...
Nike NFT Project Will Shut Down Completely By 2025
Key Points: Nike NFT project RTFKT will cease operations by January 2025, though its Ethereum-based tokens will remain accessible. RTFKT plans to launch an updated website showcasing its groundbreakin...
Nike-owned NFT pioneer RTFKT to shut down operations by January
The virtual sneaker and fashion brand RTFKT will wind down its operations by January 2025 as Nike restructures under new CEO Elliott Hill. However, despite the closure, the brand’s Ethereum tokens wil...
Nike’s RTFKT Considers Closure Amid NFT Market Challenges and Shift to Physical Products
RTFKT, the innovative NFT sneaker brand acquired by Nike, is set to cease its Web3 operations by January 2025 amid significant NFT market downturns. Nike, under new leadership, is pivoting towards tra...
RTFKT Shuts Down as NFT Decline Shifts Nike’s Priorities
RTFKT, the NFT-based virtual sneaker company acquired by Nike in 2021, has announced plans to shut down its operations. This decision is likely driven by the continued decline in NFTs over the past tw...
Nike Is Killing Its Ethereum NFT Sneaker and Avatar Company RTFKT
RTFKT, a digital fashion and technology company that was acquired by Nike in 2021, is shutting down. “Today we’re announcing the plan to wind down RTFKT operations,” the company said in a statement on...
RTFKT’s Clone X NFT Floor Price Plummets to 0.29 ETH Amid Operational Cessation
In a recent update from COINOTAG on December 3rd, the NFT landscape has witnessed a significant downturn, particularly with RTFKT’s Clone X series. Current market evaluations show that the **floor pri...
nike-owned rtfkt to shut down platform: Big Blow To NFT!
In the shocking event, Nike-owned RTFKT, a digital collectibles and sneakers platform, announced on December 2 that they would “wind down” operations by January 2025, leaving NFT holders in the lurch....
Crypto Bull Run Helps NFT Market Grow Again
The NFT market has grown by 17.3% in December, reaching a value of $8.8 billion. Daily trading volumes have surged nearly 48% in the past day. After months of decline, the market is showing signs of r...
NFT Market Gains Momentum With Big Price Jumps
Major NFT collections like CryptoPunks and BAYC see significant price floor gains. Andrew Kang predicts a bullish future for NFTs, driven by AI’s growing wealth and demand for digital assets. Mutant A...
NFT Trading Volume Reaches 7-Month High as Market Rebounds
TLDR NFT daily sales reached $40.4 million, highest in 7 months CryptoPunks leads with $5.6M in daily sales, maintains 40% market share Floor prices for top NFTs: CryptoPunks ($162,000), BAYC ($85,900...
NFT sales, floor prices surge, CryptoPunks lead the charge
Non-fungible tokens have been seeing a sharp increase in their daily sales over the past month as the broader crypto market entered its bullish phase. NFT sales increased by 28% in the past 24 hours t...
NFT Sales Surge 57.8% in November Amid Positive Market Momentum
NFTs saw a significant uptick in sales volume over October, reaching $562 million. On Monday, November 25th, the floor price of CryptoPunks hit 37.68 ETH. As interest in digital collectibles continues...
From Cryptopunks to Solana Boogles: November NFT Sales Rebound With $588M in Trades
Non-fungible token (NFT) sales experienced a 62.88% increase in November, reaching $588 million compared to $361 million in October. Ethereum-based NFTs dominated the market, generating $218.83 millio...
NFT Sales in November Reached a 6-Month High at $562M Growth
NFT sales in November 2024 surged 57.8%, driven by CryptoPunks and Pudgy Penguins’ exceptional market performance. McDonald’s collaboration with Doodles NFT showcased blockchain innovation on 110 mill...
Ethereum Leads NFT Market Recovery with November Sales Surging to $562 Million
According to a recent report by Cointelegraph, the recovery in Ethereum prices has positively impacted the NFT market, with November’s sales surpassing $562 million. This represents an impressive incr...
NFT Sales Surge in November with CryptoPunks and Bitcoin Driving Growth Potential
Non-fungible tokens (NFTs) have made a remarkable comeback in November 2023, experiencing a significant surge in sales volume as the digital collectibles market rebounds. With a total sales volume exc...
When your name becomes music and NFT
Kreypt Music, an innovative project born from the imagination of the conductor and composer Samuel Sené, represents a unique meeting point between music, digital art, and Web3. Officially launched in...
CryptoPunks Floor Price Hits 37.3 ETH in November, Leading NFT Market Recovery
CryptoPunks Floor Price Hits 37.3 ETH in November, Leading NFT Market Recovery – BitcoinWorld Skip to content Home News Crypto News CryptoPunks Floor Price Hits 37.3 ETH in November, Leading NFT...
NFT Market Thrives Across Collections, Sales, and Marketplaces
The non-fungible token (NFT) market continues to thrive, showcasing robust activity across collections, high-value sales, and leading marketplaces. On November 29, 2024, prominent NFT collections like...
NFT sales dip to $146.5m: Ethereum, Bitcoin network recover
As Bitcoin continues to face resistance near the $100,000 mark, the NFT market has experienced a 1.6% drop, with total sales volume settling at $146.5 million. While Bitcoin (BTC) trades at $96,800, E...
NFT Wash Trading and Scams: How to Protect Yourself in the Digital Art World
NFT Wash Trading and Scams: How to Protect Yourself in the Digital Art World – BitcoinWorld Skip to content Home Reviews NFT Wash Trading and Scams: How to Protect Yourself in the Digital Art Wo...
RLUSD, XLM Surge, FIFA NFT Game
This week’s crypto calendar is packed with major events and bullish stories, including the potential approval of Ripple’s Stablecoin, XRP overthrowing BNB with a $100 billion market cap, XLM’s 50% sur...
Top NFT Projects By Social Activity, Ape and Floki Leading the Pack
Non-fungible Token (NFT) projects are gaining major attention in the cryptocurrency space. A recent report lists the top NFT projects based on social activity. These projects have demonstrated substan...
How Rarify is Revolutionizing the NFT Market
The cryptocurrency company Rarify is currently a young entrant to the crypto scene with its next-generation NFT platform. Rarify is a 2021-founded company that supplies the infrastructure to enable bu...
Are NFTs Dead? A Deep Dive Into NFT Market Data
Over the past couple of years, the NFT sector saw a massive decline in sales and item prices across the board. Still, the activity in the NFT space is relatively abundant, and it would be wrong to say...
Ethereum and Bitcoin Drive Weekly NFT Sales to $158 Million Amid Market Shifts and Industry Developments
The non-fungible token (NFT) market demonstrated resilience with a recorded weekly sales volume of $158 million, reflecting continued investor interest. Despite a slight decrease of 12.7% from the pre...
Art Blocks NFT Project Takes ‘Major Leap Forward’ on Ethereum
Art Blocks, the popular platform and collective for on-chain artwork, announced on Wednesday that it has achieved a longstanding goal: ensuring that the vast majority of its projects can now be access...
Fastex Celebrates NFT Innovation With Third ftNFT YoCerebrum Awards
The great and the good of the NFT space descended on Malta this week for the third edition of the ftNFT YoCerebrum Awards, recognizing the most outstanding achievements in the field of non-fungible to...