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NFT Sales Volume Crashes From Recent Highs, Is The Hype Ending?

The NFT sales volume has crashed from the recent highs, despite the digital art market surging over the past few weeks with no signs of stopping. In February alone, the NFT craze was in the center of attention with the mania hitting the peak after Beeple’s art selling for $69 million so let’s have a […]

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The NFT sales volume has crashed from the recent highs, despite the digital art market surging over the past few weeks with no signs of stopping. In February alone, the NFT craze was in the center of attention with the mania hitting the peak after Beeple’s art selling for $69 million so let’s have a closer look at the analysis in our latest crypto news.

During the NFT peak, Tesla’s CEO Elon Musk tweeted about selling his NFT. But as the novelties start to wear off and the speculations enhanced, the NFT market entered a downtrend. The NFT sales volume on different marketplaces for digital art and collectibles dropped dramatically and exposed the absence of organing demand in the NFT space.

nba top shot

According to the figures from NonFungible, the daily value of NFTs sold across marketplaces dropped to $3 million from the previous $19 million on March 25th which marks an 85% drop. Other major metrics showed some worrying signs as well. In the past week alone, the number of sales and buyers dropped by 30% and 35% which are figures that left speculators and market participants wondering whether space is now in a pullback mode or the hype is finally over. NBA Top Shot which is an NFT marketplace for NBA trading cards, saw the total value of the NFTs in circulation drop by $800 million from a high of $1.85 billion to $1 billion.

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As per the data of evaluation. market, the total value of sales experienced a similar decline as the demand slowed down. However, the demand is still healthy on the primary markets and the new releases from Top Shot continued selling out in a few moments. Considering this, it is possible that the speculative frenzy for NFTs entered an overheated market and led the space to experience a pullback.

Despite the recent pullbacks, other NFT marketplaces like OpenSea raised funds to expand their businesses which is clearly a sign of confidence from investors as they bet on the long-term sustainability and the growth of the industry. Non-fungible tokens will continue to exist in the broader crypto ecosystem and If this surpasses the recent highs soon, remains to be seen.

nft markeplace opensea, ethereum,

Just as we saw recently, NFTs are one of the hottest trends in the crypto space right now and a new collaboration is making their minting much easier. If you want to issue an NFT on Ethereum, chances are that you will spend about $150 in “gas” to approve, mint, and host your crypto art, digital collectible, and virtual land on the world’s most used blockchain.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.dcforecasts.com/altcoin-news/nft-sales-volume-crashes-from-recent-highs-is-the-hype-ending/

Blockchain

Torum completes world’s first Initial Staking NFT offering in under 20 minutes

Torum, the first DeFi, and NFT-infused social media platform are proud to announce that it has completed its first public sale event – Initial Staking NFT Offering (ISNO). Launched at 9 p.m. on May

The post Torum completes world’s first Initial Staking NFT offering in under 20 minutes appeared first on AMBCrypto.

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Torum, the first DeFi, and NFT-infused social media platform are proud to announce that it has completed its first public sale event – Initial Staking NFT Offering (ISNO).

Launched at 9 p.m. on May 11th, 2021, the crowd sale event is the first ISNO that is held in the crypto space, featuring a total of 363 limited editions NFTs of 5 different tiers.

Finished In Less Than 20 Minutes

As soon as the NFTs were available for grab, all 363 units of them were completely sold off by cryptocurrency enthusiasts from every corner of the world in under 20 minutes, highlighting a strong token demand and project support from the community. 

The rarest Tier 5 NFTs were sold off in the first 30 seconds, followed by Tier 4 NFTs (2 minutes), Tier 3 (7 minutes), Tier 1 (14 minutes) and Tier 2 (18 minutes). 

A total of 1,750,000 XTM, the native token of Torum ecosystem, is issued and locked inside the 363 ISNO NFTs, meaning the value of the NFTs will be constantly backed by XTM, ensuring that 363 NFTs have a solid price foundation.

The World’s First and Only ISNO Event

Unique from the conventional Initial NFT Offering, every NFT issued under the ISNO event comes with a permanent staking multiplier and a fixed amount of native token locked inside it. The staking benefit ranges from 1.05x to 1.25x that multiplies the holders’ liquidity provider stakes on a dedicated DeFi platform.

As the first project to introduce the new NFT funding event, the ISNO NFTs of Torum can be staked on its DeFi platform, Torum Finance to unleash its staking multiplier effects. Alternatively, the ISNO NFTs can be burned to release the native token locked inside them. In other words, most NFT holders will hold onto the virtual artworks to enjoy the staking multiplier benefit, reducing the selling pressure of ISNO participants during the token generation event.

Torum believes that the successful launch of the first ISNO event will lead others to follow its step, launching more ISNO events in the future.  Torum also hopes that projects can continue to think out of the box and introduce more crypto innovations to the crypto space, just like how Torum combines the elements of DeFi, NFT, and public sale into ISNO. 

About Torum

Torum is the first DeFi and NFT-infused social media platform that is specially designed for cryptocurrency users. Backed by over 18 prominent strategic investors like AU21, Consensus Lab, DFG, Waterdrip Capital, and Redline Capital, Torum is now one of the fastest-growing social media platforms joined by over 40,000 crypto enthusiasts from every corner of the world.

In the future, Torum strives to become the largest crypto ecosystem that connects the general public to the crypto space.

Disclaimer: This is a paid post and should not be treated as news/advice

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/torum-completes-worlds-first-initial-staking-nft-offering-in-under-20-minutes

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Blockchain

Spring & Bondly NFT partnership unlocks digital potential for creator economy

Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creat

The post Spring & Bondly NFT partnership unlocks digital potential for creator economy appeared first on AMBCrypto.

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Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital and physical product creation, unlocking a new wave of digital potential for the creator economy. Content creators will use Bondly technology on the Spring platform to create, mint and market NFTs. 

In addition, Bondly will provide expertise to develop new digital experiences between creators and fans. More than $2 billion was spent on NFTs during the first quarter of 2021 — representing an increase of about 2,100% from Q4 2020*, so there is a lot of revenue that can be generated for individual creators. These new NFT capabilities will empower the creator to be the authentic creator of the initial digital product as well as rewarded for its creation.

Creators will now be able to simultaneously leverage Spring’s industry-leading social integrations and combined with Bondly’s creation technology to sell NFTs, all accessible to fans globally at just the click of a button. Much like what they offer with their Digital Products, Spring will provide creators with a place to sell their NFTs, using their distribution channels to present fans with the opportunity to purchase them. 

Bondly will power this next generation of digital collectibles and turn year-round fan engagement into a revenue center for influencers and others wanting to maintain ongoing fan interaction through embedded NFT perks and utilities. With the arrival of Web 3.0 which has been framed as the new ‘internet of value’, this value transfer has never been more clear than with the relationship between fan and creator. The partnership between Spring and Bondly will bring creators and fans closer together, as fans are now able to engage in a fandom that is exclusively between them and the creator via the sale of NFT’s on the platform. 

Bondly opened the floodgates earlier this year, for mass NFT adoption by being the first to market with unique products in partnership with influencers and musicians and collaborations with gaming/collectibles creators. Bondly created and distributed YouTuber/Influencer Logan Paul’s first-ever limited-edition series of NFT collectibles for fans, generating $1.3M in NFT sales in the first 30-minutes.

And through Bondly’s core product, BONDSwap, singer, songwriter PelleK released and quickly sold out the first-ever NFT music album, earning $160,000. Two-time GRAMMY award-winning group and reggae royalty Morgan Heritage was the first reggae artist in history to introduce one new song and two digitally remastered titles via an NFT, along with rare digital art.

Spring’s platform enables creators to launch ‘social stores’ which allows creators to sell products via the social channels which have given them fame and followers, including TikTok, Instagram, and YouTube. These successful partnerships resulted in explosive growth for the platform, with more than 450,000 verified creators signing up to the platform to build their socially integrated eCommerce stores as of January 2021. 

2020 saw a spike of activity, with new creator growth exploding by 135%, alongside a 92% growth in the number of creators who are actively selling their products through the platform. Spring has seen more than 30 creators become millionaires as a result of selling on the platform.

CEO of Spring, Chris Lamontagne says: 

“NFTs give creators the ability to produce and more importantly, own their digital creations. At Spring our goal is to put the power in the hands of the creator and that begins with ownership. This is an opportunity for creative people to sell their products on the internet in a way that has not been done before. Partnering with Bondly has been excellent, we have a shared vision of a creator economy combined with NFT capabilities at scale and both understand how truly powerful that can be.”

CEO of Bondly, Brandon Smith, said:

“Spring and Bondly are perfect partners because we see NFTs as a fan engagement tool and work to create tailored, perk-enabled NFTs to increase the market value for creators. We focus on quality first, so that each NFT will stand the test of time and maintain its value to the fan, ensuring their perception of each creator not only remains as good as before the sale but also actually enhances how they feel about them.”

Spring Socials

Website | Instagram | Twitter | Tiktok 

Bondly Socials
Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn

Media Contact Details

Contact Name: Lisa Sorge

Contact Email: [email protected] 

Bondly is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Disclaimer: This is a paid post and should not be treated as news/advice

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/spring-bondly-nft-partnership-unlocks-digital-potential-for-creator-economy

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La cryptomonnaie : L’avenir des paris sportifs en ligne en 03 points

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Depuis quelques années, la cryptomonnaie est au centre de toutes les discussions concernant la finance de demain. Depuis fin 2020, on entend encore plus parler de cette technologie dans le cadre des paris sportifs en ligne où elle aurait un avenir très prometteur.

La cryptomonnaie est une monnaie virtuelle qui possède de nombreux avantages. En effet, puisqu’il s’agit d’une monnaie virtuelle, elle est exempte d’un certain nombre de vérifications, ce qui attire beaucoup de parieurs du web. 

Fort de cela, tout porte à croire que cette technologie viendra révolutionner le monde des paris en ligne. Nous vous donnons ici 03 raisons pour lesquelles nous pensons que la cryptomonnaie est l’avenir des paris en ligne.

C’est quoi la cryptomonnaie ?

La cryptomonnaie désigne tout simplement une monnaie virtuelle. Elle ne possède pas de support physique (pièce, billets etc…) comme notre monnaie classique. Il est clair que c’est avec l’expansion du bitcoin que la cryptomonnaie a été révélée au monde entier. Mais il faut dire que c’est depuis au moins les années 90 que l’on assiste aux prémices de la cryptomonnaie.

Il existe plusieurs cryptomonnaies. On estime qu’il y a à peu près 8 500 cryptomonnaies en circulation. C’est assez considérable comme nombre. Mais, en réalité, il existe principalement 04 qui sont les plus célèbres et surtout les plus utilisées de toutes :

  • Le Bitcoin : C’est la mère des monnaies virtuelles. Il est créé en 2009 par une personne (ou un groupe de personnes) au nom de Satoshi Nakamoto qui reste encore inidentifiable aujourd’hui. Un bitcoin vaut à ce jour à peu près 46 000 €
  • L’Ethereum : Cette monnaie vient en seconde position dans la liste des cryptomonnaies les plus utilisées. Elle a été créée en 2014 par Vitalik Butterin. Un Ether vaut à ce jour environ 3 300 €
  • Le Litecoin : C’est un complément du bitcoin. En effet les délais de transactions du Litecoin sont beaucoup plus brefs que ceux du bitcoin. On estime que les transactions y sont 4 fois plus rapides. Le Litecoin vaut à ce jour 300 €.
  • Le Ripple : Lui, en plus de permettre des transactions très rapides, il propose aussi des frais de transactions très bas par rapport aux autres. Il vaut à ce jour 1,16 €.

03 points qui font de la cryptomonnaie l’avenir des paris sportifs en ligne

La cryptomonnaie s’est très rapidement fait une place dans les paris sportifs. Même si son utilisation n’est pas encore légalisée dans tous les pays du globe, l’intérêt des parieurs pour cela reste très prononcé. Selon Varieur Montague, notre expert, cet intérêt tourne autour de 3 principaux points.

La sécurité des transactions

En effet, grâce à la méthode blockchain, vos transactions sont sécurisées et il est très peu évident qu’un tiers ait accès à votre portefeuille. Toutefois, il est toujours possible que vous soyez victimes d’arnaques. Dans ce cas, il s’agit pour vous de bien choisir les sites sur lesquels vous faites vos mises afin d’éviter des arnaques.

L’anonymat des différentes transactions

Contrairement aux transactions bancaires classiques, pour une transaction cryptographique, il est juste nécessaire d’avoir une adresse mail valide. Vous n’aurez donc aucun problème de vol d’identité car vos informations personnelles restent personnelles. 

Les transactions plus avantageuses et rapides

Les transactions via les institutions bancaires classiques prennent généralement beaucoup de temps. Ce n’est pas le cas lorsqu’on utilise des cryptomonnaies. En effet, une monnaie virtuelle comme le litecoin possède les délais les plus rapides. Les transactions se font presqu’instantanément. 

Cryptomonnaie et E-Sport

La cryptomonnaie et l’E-Sport sont très liés. Non seulement ils sont tous les deux virtuels et électroniques mais en plus de cela, ils tournent autour de la même cible. Des statistiques ont démontré que plus de la moitié des propriétaires de bitcoin sont âgés entre 19 et 34 ans. Et c’est cette même tranche qui est très fan des jeux vidéo.

Les bookmakers donnent ainsi la possibilité aux jeunes parieurs de pouvoir faire des mises avec des monnaies virtuelles. Avec la croissance exponentielle de la valeur des cryptomonnaies et le développement de l’E-Sport à travers le monde, proposer des paris cryptographiques sur l’E-Sport c’est explorer une niche d’avenir pour les bookmakers.

Les bookmakers qui acceptent la cryptomonnaie 

Le paiement par cryptomonnaie n’est pas encore possible dans tous les pays. De ce fait, il faut faire très attention pour ne pas être victime d’arnaques. De plus, si vous choisissez de faire des paris via un bookmaker illégal, il sera impossible pour vous de vous plaindre en cas de litiges. Voici pour vous quelques bookmaker bitcoin.

  • 1xbit : Site de paris sportifs spécialisé dans le paiement par Bitcoin (à ne pas confondre à 1xbet). Il possède des cotes très élevées en bitcoin, une application mobile très ergonomique ainsi qu’un bonus de bienvenue allant jusqu’à 7 BTC.
  • Cloudbet : Créé en 2013, vous pouvez aussi jouer au casino et au poker en ligne en plus des paris sportifs. Il est reconnu pour les transactions très rapides.

Sportsbet : Il vous propose des paris sur tous les sports et compétitions. Les cotes sont aussi très élevées et son bonus de bienvenue est de 200 mbtc.

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Blockchain

Spring and Bondly NFT Partnership Unlocks Digital Potential for Creator Economy

[Press Release – 12th May, 2021, San Francisco, California] Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital and physical product creation, unlocking a new wave of digital potential for the creator […]

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[Press Release – 12th May, 2021, San Francisco, California]

Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital and physical product creation, unlocking a new wave of digital potential for the creator economy. Content creators will use Bondly technology on the Spring platform to create, mint and market NFTs.

In addition, Bondly will provide expertise to develop new digital experiences between creators and fans. More than $2 billion was spent on NFTs during the first quarter of 2021 — representing an increase of about 2,100% from Q4 2020*, so there is a lot of revenue that can be generated for individual creators. These new NFT capabilities will empower the creator to be the authentic creator of the initial digital product as well as rewarded for its creation.

Creators will now be able to simultaneously leverage Spring’s industry leading social integrations and combined with Bondly’s creation technology to sell NFTs, all accessible to fans globally at just the click of a button. Much like what they offer with their Digital Products, Spring will provide creators with a place to sell their NFTs, using their distribution channels to present fans with the opportunity to purchase them.

Bondly will power this next generation of digital collectibles and turn year-round fan engagement into a revenue center for influencers and others wanting to maintain ongoing fan interaction through embedded NFT perks and utilities. With the arrival of Web 3.0 which has been framed as the new ‘internet of value’, this value transfer has never been more clear than with the relationship between fan and creator. The partnership between Spring and Bondly will bring creators and fans closer together, as fans are now able to engage in a fandom that is exclusively between them and the creator via the sale of NFT’s on the platform.

Bondly opened the floodgates earlier this year, for mass NFT adoption by being the first to market with unique products in partnership with influencers and musicians and collaborations with gaming/collectibles creators. Bondly created and distributed YouTuber/Influencer Logan Paul’s first-ever limited-edition series of NFT collectibles for fans, generating $1.3M in NFT sales in the first 30-minutes.

And through Bondly’s core product, BONDSwap, singer, songwriter PelleK released and quickly sold out the first-ever NFT music album, earning $160,000. Two-time GRAMMY award-winning group and reggae royalty Morgan Heritage was the first reggae artist in history to introduce one new song and two digitally remastered titles via an NFT, along with rare digital art.

Spring’s platform enables creators to launch ‘social stores’ which allows creators to sell products via the social channels which have given them fame and followers, including TikTok, Instagram and YouTube. These successful partnerships resulted in explosive growth for the platform, with more than 450,000 verified creators signing up to the platform to build their socially integrated ecommerce stores as of January 2021.

2020 saw a spike of activity, with new creator growth exploding by 135%, alongside a 92% growth in the number of creators who are actively selling their products through the platform. Spring has seen more than 30 creators become millionaires as a result of selling on the platform.

CEO of Spring, Chris Lamontagne says:

“NFTs give creators the ability to produce and more importantly, own their digital creations. At Spring our goal is to put the power in the hands of the creator and that begins with ownership. This is an opportunity for creative people to sell their products on the internet in a way which has not been done before. Partnering with Bondly has been excellent, we have a shared vision of a creator economy combined with NFT capabilities at scale and both understand how truly powerful that can be.”

CEO of Bondly, Brandon Smith, said:

“Spring and Bondly are perfect partners because we see NFTs as a fan engagement tool and work to create tailored, perk-enabled NFTs to increase the market value for creators. We focus on quality first, so that each NFT will stand the test of time and maintain its value to the fan, ensuring their perception of each creator not only remains as good as before the sale, but also actually enhances how they feel about them.”

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Source: https://cryptopotato.com/spring-and-bondly-nft-partnership-unlocks-digital-potential-for-creator-economy/

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