🖼 Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot

In the first week of June 2024, data revealed that the Bitcoin blockchain generated $3.82 billion from NFT sales. Although NFTs on Bitcoin were previously available through technologies like Counterparty, the introduction of Ordinal inscriptions has significantly increased the popularity of BTC-based NFTs, even amid a general decline in the digital collectibles market. The $3.82 billion has positioned BTC within the top five blockchains for NFT sales, securing the fourth spot just below the Ronin chain.

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@Facebook_Metaverse_Nfts ✔️

💰 Bitcoin NFTs hit $4B in all-time sales volume

While the overall nonfungible token (NFT) space saw a 54% drop in sales in May, digital collectibles on Bitcoin reached a new milestone. On June 4, NFT data tracker CryptoSlam showed that NFTs on the Bitcoin blockchain reached a total all-time sales volume of over $4 billion. The data combined the NFT sales, which were $3.97 billion, and the wash sales, which were $82 million.

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@Facebook_Metaverse_Nfts ✔️

🖼 InterCellar NFTs Reimagine Wine Ownership on Crypto.com

A new wave is cresting in the fine wine market. Forget traditional methods – InterCellar, a leading web3 platform, is shaking things up with the introduction of “En Primeur” NFTs on Crypto.com NFT. Traditionally, InterCellar’s en primeur wines were a privilege reserved for a select few. Wine connoisseurs could buy bottles before they were even bottled, essentially pre-ordering a future vintage.

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@Facebook_Metaverse_Nfts ✔️

🖼 Galaxy Digital uses historic violin NFT to secure loan

Michael Novogratz’s Galaxy Digital and Animoca Brands co-founder Yat Siu have tokenized a Stradivarius violin from 1708 to use as collateral for a multimillion-dollar loan. On June 4, Galaxy reportedly lent an undisclosed amount of funds to Siu, who used the 316-year-old violin he owned as collateral. The digital assets firm turned the violin into a nonfungible token (NFT) and will hold the NFT and the physical version until Siu settles the loan.

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@Facebook_Metaverse_Nfts ✔️

🖼 F1 Team McLaren Reveals Free Ethereum NFTs With OKX

Cryptocurrency exchange OKX and the McLaren Formula 1 Team announced Thursday that they are launching a new "Race Rewind" digital collectible series, offering fans a unique way to commemorate each F1 grand prix this season and a chance to win exclusive McLaren prizes. Starting Friday at 10 am GMT, fans can mint the first free NFT commemorating the Canadian Grand Prix on the OKX Wallet. The NFT will be minted on OKX’s recently launched Ethereum layer-2 scaling network, X Layer, which is built with Polygon tech.

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@Facebook_Metaverse_Nfts ✔️

🖼 Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded

During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day sales totaled $133.19 million, involving nearly 90,000 buyers and sellers. The priciest NFT sale this week came from the Cardano chain, selling for $219,102 three days ago. The second most expensive NFT was an Ethereum-based Cryptopunk #1,002, which sold for $193,372 two days ago.

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@Facebook_Metaverse_Nfts ✔️

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🚨 Evolved Apes NFT Creators Indicted for $2.7 Million Rug Pull

US authorities have charged a team of NFT creators over their alleged involvement in the Evolved Apes project that scammed investors. On June 6, federal prosecutors in New York indicted three individuals linked to a fraudulent scheme. It defrauded investors of millions of dollars through a rug pull scam involving the Evolved Apes non-fungible tokens (NFTs) in 2021.

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@Facebook_Metaverse_Nfts ✔️

🇰🇷 South Korea classifies select NFTs as cryptocurrencies

South Korea’s Financial Services Commission (FSC) has unveiled new regulations that classify specific non-fungible tokens (NFTs) as virtual assets, akin to cryptocurrencies. This regulatory move is aimed at providing clarity within the evolving digital asset sector and ensuring that certain NFTs are governed by the same rules as traditional cryptocurrencies.

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@Facebook_Metaverse_Nfts ✔️

🖼 “Evolved Apes” NFT scammers face 40 years in prison after stealing 2.7M from investors

Three United Kingdom nationals have been charged with conspiracy to commit wire fraud and conspiracy to commit money laundering in connection with the “Evolved Apes” non-fungible tokens (NFT) scam. Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan have been charged in connection with an NFT scam that attempted to defraud victims into investing in a collection of NFTs known as “Evolved Apes” back in 2021.

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@Facebook_Metaverse_Nfts ✔️

🖼 The Beacon Launches ‘The New Frontiers’ Quest Ahead of NFT Mint

The Beacon, a free-to-play action RPG, has recently kicked off its two-week long play-to-airdrop and play-to-whitelist campaign, The New Frontiers Quest. This event precedes the upcoming Writ of Passage NFT Mint and the global debut of the game. By completing quests and accumulating Prestige Points, players will get a chance to secure a whitelist spot for the NFT Mint event, providing early access to The Beacon’s ecosystem.

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@Facebook_Metaverse_Nfts ✔️

🖼 Bitcoin.com's Verse Voyager NFT Collection Sells Out

Verse Voyager NFT collection has completely sold out. This achievement underscores the growing interest and enthusiasm in the decentralized finance space and highlights Bitcoin.com’s commitment to innovation and community engagement. “In a market overwhelmed by speculative meme coins, the success of our first NFT collection is a beacon for those who buy with intention and understanding of what we’re building,” said Bitcoin.com CEO Corbin Fraser.

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@Facebook_Metaverse_Nfts ✔️

🖼 Ethereum Name Service Tops NFT Market, Hits $4.27M in Sales

Ethereum Name Service (ENS) took center stage with revenues exceeding $4.27 million. The Ethereum Name Service uses NFT technology in its decentralized URL method on the Ethereum blockchain, even though it isn’t an NFT collection per se. Users may convert addresses on Ethereum into formats that are simple to read with this method.

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@Facebook_Metaverse_Nfts ✔️

🖼 NFL Rivals surpasses $1 million monthly NFT trading volume for the first time

According to data from Cryptoslam, it took 32 days for the mobile sports game to move from $4 million to $5 million and 27 days to move from $5 million to $6 milllion, demonstrating an acceleration of activity, despite American Football being in its off-season until the 2025 season starts on 5th September. Five days faster than the period of time it took to accumulate the last $1 million-worth of NFT trading volume, NFL Rivals has broken $6 million in lifetime trading volume.

Source

@Facebook_Metaverse_Nfts ✔️

🟠 Binance Auctions Rare Portugal NFT with Cristiano Ronaldo Meet-and-Greet

Binance, a leading global cryptocurrency exchange, has unveiled the final phase of its 'Forever Worldwide: The Road to Saudi Arabia' collection, featuring an exclusive opportunity to own a Super Super Rare (SSR) Portugal NFT and meet football legend Cristiano Ronaldo, according to Binance. This phase will provide eligible users with two distinct activities to acquire one of the seven unique SSR Portugal NFTs. Four NFTs will be available through an auction, while the remaining three can be won via a quiz competition.

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@Facebook_Metaverse_Nfts ✔️

🖼 Wu-Tang Clan’s Once Upon a Time in Shaolin Turned Into NFT

Wu-Tang Clan’s one-of-a-kind album, Once Upon a Time in Shaolin, has been in the news a lot lately. First, in late May, it was announced that it would be played publicly at an exhibition at Australia’s Museum of Old and New Art (MONA). The exhibition runs from June 15-24.

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@Facebook_Metaverse_Nfts ✔️

🖼 NEAR Protocol teams up with Inspect to boost the NFT ecosystem

In an unexpected breakthrough for the blockchain sector, a renowned data provider has announced its intention to partner with NEAR Protocol to strengthen their NFT market. This partnership will include the integration of a new data layer that is expected to transform how people interact with Web3 and improve user experience across NEAR.

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@Facebook_Metaverse_Nfts ✔️

🔫 Big SA companies test the waters of metaverse marketing through Roblox

Some big South African companies have dipped their toes into the world of metaverse marketing recently. Nedbank, Massmart, Wesgro and Pick n Pay have experimented with using the Roblox platform as a marketing channel. Internationally, Ikea has launched 10 paid positions for Roblox store workers.

Source

@Facebook_Metaverse_Nfts ✔️

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