The drop in NFT prices came amid the large sell-off within the broader crypto market. On the other hand, CryptoPunks also fell from its ATH floor price of 123 ETH to 48 ETH, as seen on the tracking site NFT Price Floor. BAYC has gone from its all-time high floor price of 153.7 Ether ( ETH) to 74 ETH. Related: NFT trading volume surges amid market and floor price crash Floor price of popular NFT collections collapse due to bear marketĪmid the current bear market, floor prices of prominent NFT collections BAYC and CryptoPunks have taken a nosedive. Before this, Starkov said that people must first hold and wait for the project behind their NFTs to mature. Starkov explained that BAYC holders are able to get profits by “licensing their apes for commercial use.” Similarly, the Apocalyptic Apes executive noted that other collections can also do this. According to Starkov, there is a way to generate income using NFTs apart from flipping, rather through licensing the intellectual property rights of NFTs. Apart from the marketplaces, Mastercard has also formed a partnership with MoonPay, a provider of crypto on and off-ramp services.Ĭontinue reading… NFT holders can earn millions through IP rights, says Apocalyptic Apes founderĬointelegraph interviewed Bill Starkov, the founder of Apocalyptic Apes and a member of BAYC. The finance giant partnered with various leading NFT marketplaces like Immutable X, Candy Digital, The Sandbox, Mintable, Spring and NFT Gateway to integrate a payment method that lets users purchase NFTs directly. Financial services company Mastercard aims to change this by letting its 2.9 billion cardholders purchase NFTs directly without the hassle of buying crypto first. To purchase NFTs, fiat holders first need to convert their money into crypto. In the past, Mattel has also dipped its toes in the NFT space by securing a partnership with the Wax blockchain in 2021 to release a Hot Wheels NFT collection.Ĭontinue reading… Mastercard to allow 2.9B cardholders to make direct NFT purchases In the summer of 2022, the studio will be launching the Cryptoys NFT marketplace on top of Flow’s blockchain. The toys will be featured on a Cryptoys metaverse created by OnChain Studios as well as in other games developed by the company. Richard Dickson, the toy company’s president, believes that there are opportunities for the brand within the metaverse space. Mattel, a prominent toy brand, partnered with NFT marketplace Cryptoys to feature its brands such as Barbie and Hot Wheels as playable NFTs within a metaverse. Barbie-verse: Mattel inks multi-year deal with Cryptoys NFT marketplace Those investing in NFTs can also learn more about the drop in floor prices for prominent collections like Bored Ape Yacht Club (BAYC) and CryptoPunks, while this week’s Nifty News roundup features Kraft Food’s patent filing and Seth Green reuniting with his BAYC NFT. This week’s newsletter highlights Mattel signing a multi-year partnership with an NFT marketplace, Mastercard planning to let cardholders purchase NFTs directly with their cards, and NFT holders being able to earn millions of dollars through intellectual property rights for their NFTs.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |