Category: Non-Fungible Findings
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Real-world assets could revitalize dying NFT lending market: DappRadar
DappRadar suggests real-world asset integration could revive the struggling NFT lending market, which has seen a 97% drop in volumes since January 2024.
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Real-world assets could revitalize dying NFT lending market: DappRadar
DappRadar suggests real-world asset integration could revive the struggling NFT lending market, which has seen a 97% volume drop since January 2024, with borrower activity declining by 90%.
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Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down – Decrypt
Crypto fashion brand 9dcc is shutting down due to economic challenges and luxury retail softness. The company linked physical apparel to NFTs via NFC chips but may have been too early to market.
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‘Off the Grid’ NFT Sales Heating Up as Avalanche Game Plots Expansion to Steam – Decrypt
Off the Grid, an Avalanche-based shooter, is migrating players to mainnet for NFT trading, with rare items selling for thousands. The game plans a Steam expansion despite its blockchain ban, raising implementation questions.
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‘A New Frontier’: DeLorean Launches On-Chain Car Marketplace With Patrick Stewart – Decrypt
DeLorean Motor Company launches an on-chain car marketplace with Patrick Stewart, enabling tokenized build slot trading for the Alpha 5 EV on the Sui blockchain.
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Cross The Ages RPG Arise To Enter Closed Alpha on May 28
Web3 RPG Arise enters closed alpha from May 28 to June 2, accessible only to Cross The Ages Mint Pass NFT holders. Players can test combat, earn rewards, and experience early gameplay.
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Bitcoin supply near total profitability as institutional demand drives value flows
Bitcoin approaches full profitability as institutional demand increases, driving value flows and highlighting market strength amid growing crypto adoption.
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Raoul Pal under fire for calling NFTs the ‘best long-term store of wealth’
Raoul Pal claims NFTs are the best long-term store of wealth, sparking debate. Supporters see potential, while critics cite market decline and speculation. The NFT sector remains divisive.
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FIFA Teams Up With Avalanche to Build Layer 1 Blockchain – “The Defiant”
FIFA partners with Avalanche to create a custom Layer 1 blockchain for NFTs and fan engagement, migrating from Algorand and Polygon, with plans for a FIFA coin.
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Carmaker DeLorean tokenizes EV reservations on Sui
DeLorean introduces an onchain reservation system and NFT marketplace on Sui for its Alpha 5 EV, offering priority access and resale options via Build Slot NFTs.