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News
NFT Collections
Obscure NFT Collection Based on Memes Fetches $83M Market Cap
Founded by Punk6529 The Memes Seeks to Change Up NFT Model and Pursue ‘Open Metaverse’
By Owen Fernau
On Jan. 19, one thing uncommon occurred within the NFT market — a CryptoPunk, which usually sells for at least $100,000, was swapped for a full set of tokens from an obscure assortment referred to as The Memes.
Read the total story in The Defiant
NFT Marketplaces
Magic Eden Eyes Change As It Navigates Bear Market
NFT Marketplace Is Betting On Multichain Strategy and Loyalty Program
By Aleksandar Gilbert
Like its rivals, NFT market Magic Eden has had a tough yr. It dominates the NFT market on Solana, dealing with at the least 90% of the buying and selling quantity on any given week, in accordance with an evaluation of information from Nansen. On Ethereum, NFT buying and selling quantity is a fraction of what it was in the beginning of 2022 – on Solana, buying and selling quantity has held regular.
Read the total story in The Defiant
Sponsored Post
Which platform delivered tens of hundreds of thousands to buyers in 2022?
In the identical yr that on a regular basis buyers misplaced a whopping $350 billion, Masterworks had its finest yr but – actually. Their 9 artwork gross sales returned $25.8 million to buyers, a report quantity. Talk a couple of Happy New Year…
So, what did buyers do with their money? Charter a yacht in Ibiza? Finally shut on that Alpaca farm? Maybe save a bit of? Naaah.
Either approach, Masterworks needs to do the identical factor for you. This fintech investing platform is unlocking an asset class that was as soon as out there solely to billionaires.
To kick off the brand new yr, Masterworks is inviting The Defiant readers to open a free, no-obligation account in the present day. Isn’t it time you examine them out?
“Net Return” refers back to the annualized inner fee of return internet of all charges and prices, calculated from the providing time limit to the date the sale is consummated. IRR might not be indicative of Masterworks work not but offered and previous efficiency isn’t indicative of future outcomes. See necessary Regulation A disclosures at masterworks.com/cd.
Market Action
Layer 1 Tokens Rally As Investors Shrug Off GDP Growth
Aptos and Canto Enjoy Stellar Week
By Owen Fernau
Tokens for sensible contract platforms defied the gentle swoon in crypto markets Thursday and Friday. MATIC, the native token of the Polygon blockchain, a well-liked scaling resolution for Ethereum, jumped 8% within the final 24 hours in early morning buying and selling U.Okay. time. Fantom’s FTM is up 6%, in accordance with The Defiant Terminal.
Read the total story in The Defiant
Crypto Phones
Solana Unveils App Store For Saga Phone
Marketplace Will Be Free and Use Solana Pay For Transactions
By Tarang Khaitan
Solana Mobile has launched details of its native App retailer, which can be out there completely on Solana’s Saga cellphone when it launches.
Read the total story in The Defiant
Defiant Video
Video Shorts
Doodles launching on Flow Blockchain?
Sponsored Explainer
What is Vertex?
A Sponsored Primer on a Key Decentralized Trading Platform
By Rahul Nambiampurath
The FTX collapse injected doubt into the very idea of centralized platforms. In distinction, decentralized exchanges provide each transparency and self-custody. But how can DEXs bridge the liquidity hole that CEXs provide?
Read the total explainer in The Defiant
![Can Chainlink [LINK] maintain its bull run? Here's what the metrics say](https://cryptocompass.com/wp-content/uploads/2023/02/Can-Chainlink-LINK-maintain-its-bull-run-Heres-what-the-150x150.png)
