Monstrous Sales Even in a Bear Market
In what seems like the plot twist of a tech thriller, two Bored Ape NFTs clinched sales of almost $1 million each! BAYC #232, bought by the mysterious collector Keungz for a jaw-dropping 800 Ether, equals about $950,000. Meanwhile, BAYC #1268 was transferred through anonymous wallets for 780 ETH—or around $940,000—proving there’s life in the NFT scene, even when the market feels like it’s snoozing.
Oxford’s WOTY: Metaverse for the Win?
In a thrilling turn of events, “metaverse” has made it to the top three finalists for Oxford’s Word of the Year. Picture it—“Goblin Mode” and “IStandWith” are waiting to battle it out, and we’re all eagerly anticipating the winner. Oxford University Press described the metaverse as a place where avatars chat and explore a vibrant virtual reality. Take that, 2020 dictionary!
OpenSea’s BNB Chain Integration: What It Means
OpenSea is diving into the BNB Chain with a shiny new integration set to roll out by the end of 2022. This update will allow users to trade NFTs backing BNB Chain and open doors to multiple payouts, real-time payments, and even collection management for creators. An exec from BNB stressed this blend will enhance user experiences on both platforms, cheering for NFT developments to thrive!
Passive Income Awaits in the Metaverse
No, this isn’t a get-rich-quick scheme; it’s the real deal. John Burris, a metaverse app executive, shared insights that the metaverse is bursting with income opportunities. Thanks to blockchain and NFTs, creators can unlock passive income streams as trades happen, enabling a nifty earnings model that keeps cash flowing back to the creators. It’s fundraising with a twist of fun—talk about doubling your player character’s gold!
Nifty News: Protests, Layoffs, and the Art of NFTs
Images from COVID-19 protests in China transformed into Polygon-based NFTs dubbed ‘Silent Speech’ are making waves on OpenSea. Collectively, this series encapsulates the spirit of defiance with 135 NFTs documenting the demonstrations against stringent lockdowns. On a less cheerful note, NFT trading has dipped, leading NFT trading firm Candy Digital to part ways with a significant chunk of its workforce. As they say, every cloud has a silver lining (unless you’re in a digital bear market, then… well, good luck!).
Wrapping it Up Until Next Week
That’s a wrap for this week’s digest! Who knew NFTs and the metaverse could deliver such juicy stories? Stay tuned for next Wednesday to uncover more compelling insights in this pulsating space!
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