Monthly NFT Metrics Dive Bomb, NFT Sales Measured in USD Slip 16%

Non-fungible token (NFT) sales have dropped considerably during the last month as cryptocurrency values have seen significant losses in recent times. NFT sales saw a quick spike when a number of crypto assets neared all-time price highs in mid-November, but sales quickly plummeted back down following the crypto market downturn. A Number of NFT Sales … Read more

Microsoft to Offer Mesh, a Corporate Metaverse for Teams

Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming a metaverse-dedicated company, changing its name to “Meta.” Microsoft Embraces the Metaverse … Read more

The Sandbox Scores $93 Million Investment Led by Softbank as Metaverse Tokens Thrive

The Sandbox, a blockchain-based metaverse game, has scored an investment of $93 million to keep expanding its metaverse proposal. The funding round was led by Softbank’s Vision Fund 2, an investment vehicle that puts funds on early tech-based companies. Other investors in the round included Animoca Brands, True Global Ventures, Liberty City Ventures, and Galaxy … Read more

24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12%

During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days. However, there’s a slew of crypto coins that have seen significant double-digit gains during the last 24 hours. Ecash, Tezos, Arweave, Bitcoin Gold Jump The lion’s share of crypto coins … Read more

Cryptopunk Owner Hopes to Sell Punk for $91 Million — Pixelated NFT Punks Outshine the Competition

While traditional crypto assets have seen market sentiment drop to a level of uncertainty, non-fungible token (NFT) assets have continued to sell in the millions. One project developed by Larva Labs called Cryptopunks has seen some of its NFTs sell for millions and on May 11, a collection of nine Cryptopunks sold for $16.9 million … Read more

Playboy Collaborates With Superrare Launching the Miami Beach NFT Collection

The publicly listed and iconic lifestyle company Playboy has announced the entertainment firm has collaborated with the non-fungible token (NFT) digital art marketplace Superrare. The Playboy NFTs expand upon an exhibit showcased to thousands of visitors at the Bitcoin 2021 conference in Miami. Playboy’s New Collection of NFTs Includes Heritage Photograph Print Playboy (Nasdaq: PLBY) … Read more