I admit it, I don't follow the NFT market closely. Non-fungible tokens, NFTs, are a mystery to me. I just don't understand why people would pay vast amounts of money to acquire a token. But people do, and we frequently report on this exotic market.
So here's the latest on the "Bored Ape" NFT sale. Bear with me, please. I'm talking about digital art. Developed, for whatever reason, around pictures of apes. OK.Demand was so strong that the system hosting the sale couldn't handle it. Some sales went through, some did not. Some people paid a bigger transaction fee than what they paid for the NFT.
I don't know, but a massive loss of wealth in NFTs, if that happened, the ripple effects throughout the financial system would not be pretty.
IP is where it’s at with NFTs!!! And I’m all in with VEVE!
Why? Are you worried when they bet $5000 on a basketball game or spend that much on a baseball card? It's just more crap for people with more money than sense to spend money on, so they have to go make more.
It's the new art market. A way to hide wealth and move it quietly.
sanity now.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Impact of ApeCoin on the Booming NFT Industry | CoinMarketCapWith the most valuable NFT collections under the Yuga Labs umbrella, Otherside metaverse land sales and launch of ApeCoin, what does this bring to the exponentially growing NFT space? apecoin Check out BriseZilla BriseZilla 1 meme coin on Brisechain apecoin 🔥 BITGERT UTILITIES 🔥 🟣GAS FREE BLOCKCHAIN And very high speed 🟣WALLET for Android 🟢WALLET for ios very soon 🟢Zero trading fee in brise exchange very soon 🟣STAKING PLATFORM 🟣AUDIT PLATFORM 🟣BRISE PAY 🟣 METAVERSE 🟣START UP STUDIO 🟣 WEB3 🟣 + OVER 140K HOLDERS. apecoin 🔥 BITGERT UTILITIES 🔥 🟣GAS FREE BLOCKCHAIN And very high speed 🟣WALLET for Android 🟢WALLET for ios very soon 🟢Zero trading fee in brise exchange very soon 🟣STAKING PLATFORM 🟣AUDIT PLATFORM 🟣BRISE PAY 🟣 METAVERSE 🟣START UP STUDIO 🟣 WEB3 🟣 + OVER 140K HOLDERS..
Source: CoinMarketCap - 🏆 290. / 63 Read more »
Solana and Moonbirds help NFT market reach $6.5B monthly trading volume: ReportBoth solana and moonbirds came to the rescue of the bearish nonfungible token market in April after a six-week cooldown phase. Is it a sign of things to come? solana moonbirds Solana has broken down 4 times since release. Meanwhile, Cardano hasn’t crashed once, and CNFTs are thriving. What is your opinion about the current Bitcoin state, since its Fear and Greed Index is 39 - FEAR, with price of 39014.491701325788 usd? Our analytical team has done extended research regarding BTC, but we want to hear your opinion also. solana moonbirds how about talking about hic et nunc and fxhash?
Source: Cointelegraph - 🏆 562. / 51 Read more »