NFT marketplace Magic Eden believes that lowering the costs in NFT production creates an “easy access point” for new users to try NFTs.
Marketplace is a platform for trading online that provides information about products or services of a third person whose transactions are processed via the operator of the marketplace. Marketplaces have already changed the way how people buy and sell, as they provide a connection between sellers and customers, a vast number of products to compare and low prices that are obtained via product and service providers’ competition for the consumer. In terms of cryptocurrency, it is possible not only to pay on marketplaces with Bitcoin, but also marketplaces on blockchain have new, transparent structures, allowing for interactions between users and sellers without mediators. In addition, all participants of a decentralized marketplace on a blockchain can take part in auditing in order to make pricing fairer, more visible and verifiable.
This guide delves into the significance of the OpenSea decentralized marketplace, its pros and cons, and its role in the NFT revolution.918
Yuga Labs is gearing up to launch a new game in the Otherside metaverse, but it’s not 3D, while NFT trading volume for NFL All Day pumped 570% over the past seven days.3506
NFT aggregator Rarible said that by October, it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea.3563
Yuga Labs said it would start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace.7068
OpenSea’s royalty enforcement tool Operator Filter is going to be turned off, according to the NFT marketplace’s founder and CEO, Devin Finzer.3360
Through the collaboration, Axelar will be the first cross-chain protocol to join Microsoft’s Azure marketplace.3934
According to the protocol’s closing schedule, part of the operations will cease on July 19, while the withdrawal period ends on Aug. 26.10758
Could every e-commerce store become an NFT store, as predicted by the former chief marketing officer of ConsenSys? This project thinks so.14939
The executive, once instrumental to the company’s NFT efforts, was “terminated” amid lackluster Q1 earnings.3392
Cointelegraph spoke with Future Primitive’s Jayden Windle and Benny Giang to learn how NFTs can be used as digital wallets through ERC-6551.6926
This week’s Crypto Biz looks at the crypto industry since the FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines.5040
Nonfungible token marketplace NFTrade now supports cross-chain purchases on Ethereum, Polygon, Avalanche and BNB Chain.3142
AI-powered market analytics and intelligence tool helps Web3 users to avoid fake NFTs and estimate the real value of tokens.15734
Discover how AI talent marketplaces are transforming the job market and disrupting traditional employment models.