Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round

The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio from a lender with over $10 billion. Arcade Raises $15 Million in Series A … Read more

Q3 NFT Report Shows Non-Fungible Token Markets ‘Are in Phase of Dynamic, Unstoppable Growth’

Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of NFT buyers has risen, and the number of sellers has grown faster … Read more

These 3 NFT Projects Collectively Captured Over $10 Billion in Sales

Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales stretch into the billions. Statistics show that the NFT marketplace Opensea, the blockchain NFT game Axie Infinity, and the digital collectible series Cryptopunks have collectively captured over $10 billion in sales. Opensea, … Read more

Fractionalizing the Doge NFT, Cryptopunk 543 Gets Chopped and Sold for $1 per Share

This week a project called Pleasrdao announced that a notable Doge non-fungible token (NFT) that sold in June 2021 for 1,696.9 ether or over $3.6 million at the time of sale, will be fractionalized. At the time of sale, the Doge NFT was a historic sale and the NFT’s owner wants others to enjoy the … Read more

NFT Leaderboard Study Highlights the Crypto Industry’s Leading NFT Collectors

As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market players making moves in the NFT space. … Read more