🔫 Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs. Disney, the well-known entertainment behemoth, seems to have lost interest in the metaverse. According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs. Disney, the well-known entertainment behemoth, seems to have lost interest in the metaverse. According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
Bored Ape metaverse land sales dominance threatened by (what appears to be) wash trading
Sales for Bored Ape’s Otherdeed metaverse land NFTs — easily the hottest virtual property brand around — have been booming during the first quarter of this year, closing in on $120 million in volume. The rise in the collection's trading volume means Otherdeed tokens rank as the second-best-selling NFT collection during the first quarter of this year.
Wash trading is when assets are traded between wallets owned by the same individual or company.This month, however, sales volumes for a lesser-known collection, also tied to a nascent metaverse platform called MG Lands, have been holding their own; even outpacing Otherdeeds’ sales at one point. However, it appears MG Lands’ rapid ascendance from relative obscurity might be, instead of a feel-good business story, another case of artificial “wash” trading.
Sales for Bored Ape’s Otherdeed metaverse land NFTs — easily the hottest virtual property brand around — have been booming during the first quarter of this year, closing in on $120 million in volume. The rise in the collection's trading volume means Otherdeed tokens rank as the second-best-selling NFT collection during the first quarter of this year.
Wash trading is when assets are traded between wallets owned by the same individual or company.This month, however, sales volumes for a lesser-known collection, also tied to a nascent metaverse platform called MG Lands, have been holding their own; even outpacing Otherdeeds’ sales at one point. However, it appears MG Lands’ rapid ascendance from relative obscurity might be, instead of a feel-good business story, another case of artificial “wash” trading.
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📣 Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process
Lido, the largest decentralized finance (DeFi) protocol by total value locked, unveiled plans during its Node Operator Community Call #5 to release a non-fungible token (NFT) representing a user’s withdrawal request amount as part of the process of unstaking their ether (ETH). These withdrawals will be enabled after the Ethereum blockchain undergoes its next major upgrade. Ether withdrawals on Lido, where users can unstake their stETH and receive ETH at a 1:1 ratio, will have two steps: request and claim, according to Mariya Muzyko, product manager at Lido, during the call Tuesday afternoon. Once a user requests a withdrawal, they will receive a Lido-issued NFT representing their withdrawal request. The user can then use the NFT to claim their ETH rewards. The NFT is burned after the user redeems and claims their ETH. Lido was the first to provide access to liquidity to ETH holders who wanted to stake their tokens by issuing a derivative token, stETH.
Lido, the largest decentralized finance (DeFi) protocol by total value locked, unveiled plans during its Node Operator Community Call #5 to release a non-fungible token (NFT) representing a user’s withdrawal request amount as part of the process of unstaking their ether (ETH). These withdrawals will be enabled after the Ethereum blockchain undergoes its next major upgrade. Ether withdrawals on Lido, where users can unstake their stETH and receive ETH at a 1:1 ratio, will have two steps: request and claim, according to Mariya Muzyko, product manager at Lido, during the call Tuesday afternoon. Once a user requests a withdrawal, they will receive a Lido-issued NFT representing their withdrawal request. The user can then use the NFT to claim their ETH rewards. The NFT is burned after the user redeems and claims their ETH. Lido was the first to provide access to liquidity to ETH holders who wanted to stake their tokens by issuing a derivative token, stETH.
Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs.
According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs.
According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
🖼 NFT Revenue Decreased By Roughly 31% In March, Totaling $882 Million
According to the information provided by CryptoSlam, non-fungible token transactions in March decreased by 31.42% month on month, going from $1.03 billion in February to $882.89 million on April 3. The Ethereum network was responsible for the settlement of $537.89 million worth of those transactions in March, which accounted for more than sixty percent of total sales. In March, the Bored Ape Yacht Club (BAYC) collection was the top-selling product, with sales of $35.81 million. This figure represents a 48.19% reduction from the previous month’s sales. The month of February saw Cryptopunks’ sales increase by 87.95%, bringing the total to $30.11 million, making it the second-largest NFT compilation in terms of revenue. Following Solana in March’s sales rankings are Polygon ($36.16 million), Immutable X ($28.82 million), and Cardano ($10.08 million), with NFT transactions in Solana accounting for 10.57% of total sales and reaching $93.36 million.
According to the information provided by CryptoSlam, non-fungible token transactions in March decreased by 31.42% month on month, going from $1.03 billion in February to $882.89 million on April 3. The Ethereum network was responsible for the settlement of $537.89 million worth of those transactions in March, which accounted for more than sixty percent of total sales. In March, the Bored Ape Yacht Club (BAYC) collection was the top-selling product, with sales of $35.81 million. This figure represents a 48.19% reduction from the previous month’s sales. The month of February saw Cryptopunks’ sales increase by 87.95%, bringing the total to $30.11 million, making it the second-largest NFT compilation in terms of revenue. Following Solana in March’s sales rankings are Polygon ($36.16 million), Immutable X ($28.82 million), and Cardano ($10.08 million), with NFT transactions in Solana accounting for 10.57% of total sales and reaching $93.36 million.
🖼 Hangzhou Court Sentenced A Defendant To 3 Years In Prison For Stealing NFT
The Gongshu District Procuratorate of Hangzhou City, Zhejiang Province, filed a public prosecution a few days ago, according to the daily inspection report. The defendant Chen was sentenced to three years in jail, suspended for four years and six months, and fined 7,000 yuan by the court. On July 20, 2022, Chen unintentionally uncovered a flaw in the login procedure of a specific digital collecting platform. Mr. Wang from Hangzhou is a player in the digital collection. Wang paid 299 yuan in July 2022 to acquire a digital collection on an internet site. Due to restricted sales, the value of this digital collection swiftly increased, and Wang was overjoyed. This heightened the network platform’s alertness, and platform experts promptly analyzed the server logs to see if there was any aberration in the database. The findings revealed that more than 30 user accounts were logged into the same IP address at the time, and 21 consumers’ digital collections were sequentially resold.
The Gongshu District Procuratorate of Hangzhou City, Zhejiang Province, filed a public prosecution a few days ago, according to the daily inspection report. The defendant Chen was sentenced to three years in jail, suspended for four years and six months, and fined 7,000 yuan by the court. On July 20, 2022, Chen unintentionally uncovered a flaw in the login procedure of a specific digital collecting platform. Mr. Wang from Hangzhou is a player in the digital collection. Wang paid 299 yuan in July 2022 to acquire a digital collection on an internet site. Due to restricted sales, the value of this digital collection swiftly increased, and Wang was overjoyed. This heightened the network platform’s alertness, and platform experts promptly analyzed the server logs to see if there was any aberration in the database. The findings revealed that more than 30 user accounts were logged into the same IP address at the time, and 21 consumers’ digital collections were sequentially resold.
NFT Platform OneOf Acquires Blockchain Rewards Company Tap Network
Non-fungible token (NFT) platform OneOf has acquired blockchain rewards tool Tap Network to help large companies connect with their consumers in Web3. As a part of the launch, OneOf is launching the OnePlatform, a turnkey option for companies looking to expand into Web3 that combines elements of e-commerce, data and loyalty programs.
Tap Network, founded in 2018, allows consumers to redeem loyalty points or cryptocurrencies for real world products and services from major brands. It has partnered with companies such as internet browser Brave, rideshare company Uber, entertainment firm Warner Music Group and more. Lin Dai, CEO and co-founder of OneOf, told CoinDesk that integrating Tap Network will help onboard more companies and customers into Web3 via e-commerce.
Non-fungible token (NFT) platform OneOf has acquired blockchain rewards tool Tap Network to help large companies connect with their consumers in Web3. As a part of the launch, OneOf is launching the OnePlatform, a turnkey option for companies looking to expand into Web3 that combines elements of e-commerce, data and loyalty programs.
Tap Network, founded in 2018, allows consumers to redeem loyalty points or cryptocurrencies for real world products and services from major brands. It has partnered with companies such as internet browser Brave, rideshare company Uber, entertainment firm Warner Music Group and more. Lin Dai, CEO and co-founder of OneOf, told CoinDesk that integrating Tap Network will help onboard more companies and customers into Web3 via e-commerce.
📣 Gucci And Yuga Labs Launch KodaPendant NFT And Physical Necklace On Sale April 7
Luxury goods giant Gucci announced on social media that it would be partnering with Yuga Lab’s metaverse game Otherside to launch a limited edition KodaPendant NFT and matching physical necklace. The sale will begin at 6:00 a.m Sunday and will be limited to 24 hours. Eligible purchasers can do so on Thursday, April 6. Eligible participants must hold Koda or Vessel NFT, and each KodaPendant NFT costs 450 APE. Reportedly, the physical KodaPendant necklace is made of 925 silver, with an antique-style finish, and a Koda-shaped pendant featuring the “GG” LOGO, each with a unique version number on the back. According to a report from Business of Fashion, Gucci and Yuga Labs have signed a multi-year agreement to collaborate in Yuga Labs’ Otherside virtual world and their 10KTF collection to explore collaborative opportunities between the two – web3 fashion and entertainment. Gucci and Yuga Labs last year teamed up to create the Gucci Grail collection, using designs by 10KTF creator Wagmi-San for that collection.
Luxury goods giant Gucci announced on social media that it would be partnering with Yuga Lab’s metaverse game Otherside to launch a limited edition KodaPendant NFT and matching physical necklace. The sale will begin at 6:00 a.m Sunday and will be limited to 24 hours. Eligible purchasers can do so on Thursday, April 6. Eligible participants must hold Koda or Vessel NFT, and each KodaPendant NFT costs 450 APE. Reportedly, the physical KodaPendant necklace is made of 925 silver, with an antique-style finish, and a Koda-shaped pendant featuring the “GG” LOGO, each with a unique version number on the back. According to a report from Business of Fashion, Gucci and Yuga Labs have signed a multi-year agreement to collaborate in Yuga Labs’ Otherside virtual world and their 10KTF collection to explore collaborative opportunities between the two – web3 fashion and entertainment. Gucci and Yuga Labs last year teamed up to create the Gucci Grail collection, using designs by 10KTF creator Wagmi-San for that collection.
Apple has hid a copy of the Bitcoin whitepaper on all of its new Macs.
If you own an Apple computer, go to Terminal and type:
open /System/Library/Image Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf
The Bitcoin whitepaper, written by Satoshi Nakamoto, will pop up.
If you own an Apple computer, go to Terminal and type:
open /System/Library/Image Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf
The Bitcoin whitepaper, written by Satoshi Nakamoto, will pop up.
⚡️ OCBC stepping into the metaverse for next-gen customers
Oversea-Chinese Banking Corporation (OCBC) O39% becomes the first local bank to launch its own metaverse experience as an avenue to acquire young prospective customers. Called OCBCx65Chulia, it is built off Decentraland, a 3D virtual world browser-based platform. It is the 43rd iteration of the product since the idea arose from an internal innovation sprint in 2021 as part of the bank’s digitalisation and transformation efforts. OCBCx65Chulia was built by an in-house technology team at OCBC, together with Web3 firm Memotics, which specialises in creating dynamic and social spaces through digital architectural design. It is named after the location of the bank’s headquarters. Speaking at the media launch on April 5, OCBC’s head of group technology architecture Peter Koh says that the bank’s venture into the metaverse was their effort to have a presence in the virtual world. It is free to the public, including non-OCBC customers, who want to learn more about the bank’s latest products and services.
Oversea-Chinese Banking Corporation (OCBC) O39% becomes the first local bank to launch its own metaverse experience as an avenue to acquire young prospective customers. Called OCBCx65Chulia, it is built off Decentraland, a 3D virtual world browser-based platform. It is the 43rd iteration of the product since the idea arose from an internal innovation sprint in 2021 as part of the bank’s digitalisation and transformation efforts. OCBCx65Chulia was built by an in-house technology team at OCBC, together with Web3 firm Memotics, which specialises in creating dynamic and social spaces through digital architectural design. It is named after the location of the bank’s headquarters. Speaking at the media launch on April 5, OCBC’s head of group technology architecture Peter Koh says that the bank’s venture into the metaverse was their effort to have a presence in the virtual world. It is free to the public, including non-OCBC customers, who want to learn more about the bank’s latest products and services.
Donald Trump Pleads Not Guilty, NFT Collection Sales Increase 172% In 24H
Sales of Donald Trump‘s Trump Digital Trading Cards continued to surge as the former US president appeared to refuse to accept allegations related to his Mar-a-Lago estate. Former President Donald Trump pleaded not guilty to 34 felony counts of falsifying business records after being indicted by a Manhattan grand jury last week. Former US President Trump has been officially arrested and becomes the first former president in US history to be criminally charged.
Trump claimed the “fake case” was made “just to interfere in the upcoming 2024 election” and said it should be “dropped immediately." According to OpenSea, the Trump NFT series sold a total of 30 units within an hour of his appearance in court and 47 within six hours. With jumps its sales jumped 172% in the last 24 hours.
Sales of Donald Trump‘s Trump Digital Trading Cards continued to surge as the former US president appeared to refuse to accept allegations related to his Mar-a-Lago estate. Former President Donald Trump pleaded not guilty to 34 felony counts of falsifying business records after being indicted by a Manhattan grand jury last week. Former US President Trump has been officially arrested and becomes the first former president in US history to be criminally charged.
Trump claimed the “fake case” was made “just to interfere in the upcoming 2024 election” and said it should be “dropped immediately." According to OpenSea, the Trump NFT series sold a total of 30 units within an hour of his appearance in court and 47 within six hours. With jumps its sales jumped 172% in the last 24 hours.
📣 25% of NFT owners have a collection of 51 or more: CoinGecko Report
Crypto data website CoinGecko has released survey findings indicating that most nonfungible token (NFT) holders own 51 or more NFTs. Those who only hold a single NFT comprised the smallest group among the respondents. Published on April 6, the CoinGecko report examined 438 responses from Dec. 2022 to Jan. 2023 in conjunction with Blockchain Research Labs. At least one in four NFT holders (26.5%) said they were “avid collectors” with 51 or more NFTs at the time of the survey. The report states this group likely represents people who are the most enthusiastic about NFTs. It was closely followed by holders holding between two and five NFTs (17.6%), with those who hold just one NFT accounted for a mere 4.8%. Despite 2022 seeing crypto enter a bear market, it still recorded the second-highest influx of new NFT collectors over the past five years, with just over 25% acquiring their first NFT during the year. Almost four out of every 10 people surveyed (38.8%) acquired their first NFT during the first bull market of 2021.
Crypto data website CoinGecko has released survey findings indicating that most nonfungible token (NFT) holders own 51 or more NFTs. Those who only hold a single NFT comprised the smallest group among the respondents. Published on April 6, the CoinGecko report examined 438 responses from Dec. 2022 to Jan. 2023 in conjunction with Blockchain Research Labs. At least one in four NFT holders (26.5%) said they were “avid collectors” with 51 or more NFTs at the time of the survey. The report states this group likely represents people who are the most enthusiastic about NFTs. It was closely followed by holders holding between two and five NFTs (17.6%), with those who hold just one NFT accounted for a mere 4.8%. Despite 2022 seeing crypto enter a bear market, it still recorded the second-highest influx of new NFT collectors over the past five years, with just over 25% acquiring their first NFT during the year. Almost four out of every 10 people surveyed (38.8%) acquired their first NFT during the first bull market of 2021.
Meta says new focus on generative AI could boost metaverse development
Meta Platforms Inc., the parent of Facebook and Instagram, is investing heavily in artificial intelligence (AI) and this will benefit its metaverse businesses, which fell short of expectations last year, Meta’s Chief Technology Officer Andrew Bosworth told Nikkei Asia. Bosworth said generative AI will help develop the company’s metaverse plans, saying it will allow users to create their personalized virtual worlds based on text input to the AI.
Despite spending billions of dollars investing in its virtual platform, Horizo`n Worlds, its metaverse division Reality Labs posted a loss of US$13.7 billion last year. Meta’s Zuckerberg also announced that 2023 would be a “year of efficiency” for the company, winding down its non-fungible token (NFT) operations on both Facebook and Instagram.
Meta Platforms Inc., the parent of Facebook and Instagram, is investing heavily in artificial intelligence (AI) and this will benefit its metaverse businesses, which fell short of expectations last year, Meta’s Chief Technology Officer Andrew Bosworth told Nikkei Asia. Bosworth said generative AI will help develop the company’s metaverse plans, saying it will allow users to create their personalized virtual worlds based on text input to the AI.
Despite spending billions of dollars investing in its virtual platform, Horizo`n Worlds, its metaverse division Reality Labs posted a loss of US$13.7 billion last year. Meta’s Zuckerberg also announced that 2023 would be a “year of efficiency” for the company, winding down its non-fungible token (NFT) operations on both Facebook and Instagram.
🖼 The Rolling Stones one-of-one NFTs that aren’t NFTs
Instead of calling the limited edition NFTs, which accompany vintage, real-life photo slides, the companies handling the drop are calling them Digital Certificates of Authenticity, or DCOAs. The strategy follows recent trend to avoid using NFT terminology when launching a collection of digital collectibles targeting mainstream consumers. The companies managing the drop, OneOf and Globe Entertainment, are using the term Digital Certificate of Authenticity, or DCOA. The trend of companies shying away from calling digital assets or tokens with utility NFTs in favor of more generic terminology like digital collectibles appears to be gaining momentum, especially when geared towards mainstream consumers. A recent promotion for a Nicolas Cage vampire movie, Fox Entertainment using tokens as loyalty passes for fans of its show “Masked Singer,” and Reddit's avatars are all examples of NFTs being issued without using the term itself. NFTs have come to carry a negative connotation for many as scandal and major price deterioration have plagued the digital-assets market, causing some people to sour on the once hot space.
Instead of calling the limited edition NFTs, which accompany vintage, real-life photo slides, the companies handling the drop are calling them Digital Certificates of Authenticity, or DCOAs. The strategy follows recent trend to avoid using NFT terminology when launching a collection of digital collectibles targeting mainstream consumers. The companies managing the drop, OneOf and Globe Entertainment, are using the term Digital Certificate of Authenticity, or DCOA. The trend of companies shying away from calling digital assets or tokens with utility NFTs in favor of more generic terminology like digital collectibles appears to be gaining momentum, especially when geared towards mainstream consumers. A recent promotion for a Nicolas Cage vampire movie, Fox Entertainment using tokens as loyalty passes for fans of its show “Masked Singer,” and Reddit's avatars are all examples of NFTs being issued without using the term itself. NFTs have come to carry a negative connotation for many as scandal and major price deterioration have plagued the digital-assets market, causing some people to sour on the once hot space.
Solana To Launch State Compression: Store 100 Million NFTs For Only $1193
Solana’s ecological team launched a state compression function to store any data on the chain, starting with compressing NFTs. Storing 100M compressed NFTs costs only $1193.
Compressed NFTs are just like regular NFTs, only drastically cheaper. The cost of minting 100 million compressed NFTs is only 1193 US dollars, compared to ◎1.2mm for their uncompressed counterpart. In fact, every incremental compressed NFT is solely a modification of an existing tree, which means the cost of an NFT on Solana is now as little as the cost of a single transaction (◎0.000005) State compression makes elegant use of a well-known data structure and brings it to bear at the speed of Solana, once again proving Solana is the best place to build scalable, user-first web3 products. Although state compression can be used to store any data on-chain.
Solana’s ecological team launched a state compression function to store any data on the chain, starting with compressing NFTs. Storing 100M compressed NFTs costs only $1193.
Compressed NFTs are just like regular NFTs, only drastically cheaper. The cost of minting 100 million compressed NFTs is only 1193 US dollars, compared to ◎1.2mm for their uncompressed counterpart. In fact, every incremental compressed NFT is solely a modification of an existing tree, which means the cost of an NFT on Solana is now as little as the cost of a single transaction (◎0.000005) State compression makes elegant use of a well-known data structure and brings it to bear at the speed of Solana, once again proving Solana is the best place to build scalable, user-first web3 products. Although state compression can be used to store any data on-chain.
⚡️ Mintoo, PDAX team up to launch Pinoy artists in metaverse
A collaboration between Mintoo and the Philippine Digital Asset Exchange (PDAX) led to the launching of a new digital art collection for its Artist Series dubbed as “New Horizon.” The collection features a slew of thoughtfully-curated digital art masterpieces made by established and emerging Filipino NFT artists. PDAX CEO Nichel Gaba said these new digital assets will revolutionize their market as the country’s top cryptocurrency exchange app. “As a cryptocurrency exchange, we’re always looking for ways to innovate and provide our users with new and exciting opportunities. Having Mintoo on the PDAX app will expand our offerings to include digital collectibles and provide Filipinos with the tools and resources they need to participate in this market. This is something which is very timely since we believe that this new technology is on the verge of revolutionizing the way we think about ownership and value,” said Gaba. Meanwhile, Mintoo, a home-grown digital collectibles marketplace, saw the opportunity to help Filipino artists to enter and connect with the growing NFT industry.
A collaboration between Mintoo and the Philippine Digital Asset Exchange (PDAX) led to the launching of a new digital art collection for its Artist Series dubbed as “New Horizon.” The collection features a slew of thoughtfully-curated digital art masterpieces made by established and emerging Filipino NFT artists. PDAX CEO Nichel Gaba said these new digital assets will revolutionize their market as the country’s top cryptocurrency exchange app. “As a cryptocurrency exchange, we’re always looking for ways to innovate and provide our users with new and exciting opportunities. Having Mintoo on the PDAX app will expand our offerings to include digital collectibles and provide Filipinos with the tools and resources they need to participate in this market. This is something which is very timely since we believe that this new technology is on the verge of revolutionizing the way we think about ownership and value,” said Gaba. Meanwhile, Mintoo, a home-grown digital collectibles marketplace, saw the opportunity to help Filipino artists to enter and connect with the growing NFT industry.
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OpenSea Releases New Wallet Function Update Helps Users Simplify Operation
OpenSea announced on social media a number of enhancements, including the wallet feature, aimed at enhancing the platform’s user experience. The wallet has been updated to simplify ETH packaging/unsealing even more, to provide real-time balance refresh, and to update the collection order mode. The service will be simpler when the new function is updated, and network navigation will be easier after the in-app blockchain transition.
OpenSea announced wallet upgrades to further simplify ETH packaging/unsealing, support real-time balance refresh, collection order mode update, added NFT quotation depth option and quotation option added NFT feature filter.At the same time, users can accurately understand their transaction amount and view the latest floor price and maximum bid in real-time.
OpenSea announced on social media a number of enhancements, including the wallet feature, aimed at enhancing the platform’s user experience. The wallet has been updated to simplify ETH packaging/unsealing even more, to provide real-time balance refresh, and to update the collection order mode. The service will be simpler when the new function is updated, and network navigation will be easier after the in-app blockchain transition.
OpenSea announced wallet upgrades to further simplify ETH packaging/unsealing, support real-time balance refresh, collection order mode update, added NFT quotation depth option and quotation option added NFT feature filter.At the same time, users can accurately understand their transaction amount and view the latest floor price and maximum bid in real-time.
🖼 NFT Aggregator Market Heats up as OpenSea Pro Overtakes Blur
Having lost its title as the world’s most popular NFT marketplace to Blur in February, Opensea has launched a major counteroffensive. When using the relaunched aggregator, users are able to browse listings from over 170 NFT marketplaces, including OpenSea. It also equips them with aggregated cross-market data and a suite of tools. Designed to help collectors and traders optimize how they buy and sell NFTs. Significantly for OpenSea, the recent relaunch appears to have been well received by the community. Two key metrics of platform use — daily active users and new wallets created — spiked significantly throughout the week. From a 54.8% share of all NFT aggregator users on Monday, by Saturday, Blur’s share had declined to 27.%. Meanwhile, OpenSea Pro saw its daily user base surge from 18% to 57% of aggregator users in the same time period. The Drop is a way to reward Gem’s early adopters. Anyone who bought an NFT on Gem before March or the end of March is able to claim a free Gemesis NFT between April 4 and May 4.
Having lost its title as the world’s most popular NFT marketplace to Blur in February, Opensea has launched a major counteroffensive. When using the relaunched aggregator, users are able to browse listings from over 170 NFT marketplaces, including OpenSea. It also equips them with aggregated cross-market data and a suite of tools. Designed to help collectors and traders optimize how they buy and sell NFTs. Significantly for OpenSea, the recent relaunch appears to have been well received by the community. Two key metrics of platform use — daily active users and new wallets created — spiked significantly throughout the week. From a 54.8% share of all NFT aggregator users on Monday, by Saturday, Blur’s share had declined to 27.%. Meanwhile, OpenSea Pro saw its daily user base surge from 18% to 57% of aggregator users in the same time period. The Drop is a way to reward Gem’s early adopters. Anyone who bought an NFT on Gem before March or the end of March is able to claim a free Gemesis NFT between April 4 and May 4.
After seeing hundreds of millions of dollars poured in during the peak of the last speculative bubble, metaverse real estate is currently in the gutter.