Immutable’s recent lead in NFT sales, outselling even Ethereum some weeks, is more than a headline. It’s an exciting, hopeful picture of a future in which blockchain technology gives more power to creators and communities outside of Africa. Is Africa really ready? More importantly still, are we prepared for Africa’s...
So Immutable really did flip Ethereum in weekly NFT sales. Cue the champagne, right? Not so fast. As exciting as the headlines may be blaring with “Ethereum Killer”, let’s pump the brakes and add in a touch of reality here. This isn’t a coronation, to be clear — it’s better...
Aussie startup Immutable has quickly established itself as a leader in the international NFT space. It’s allowed it to outperform other major chains like Ethereum, Solana, Avalanche, and Mythos. The increase is largely being credited to the rising success of Immutable’s gaming platform, which recently passed a massive 3 million...
Immutable’s recent boom in NFT sales—briefly overtaking Ethereum—has made waves throughout the crypto landscape. This ambitious platform took off to a remarkable $34.9 million — in only a week! YEARN FT Major players such as Guild of Guardians fueled this boom with a staggering 21% increase in sales. Numbers don't...
On Wednesday, Immutable, one of the leading players in the growing non-fungible token (NFT) space, announced it had just crossed a major threshold. The platform’s rise has been so profound that it has recently overtaken Ethereum in weekly NFT sale volume, marking the beginning of a competitive landscape reshuffle. This...
Ethereum has taken a dominating lead on the marketplace, as NFT sales continue to skyrocket up to $125.1 million. Recent data underscores Ethereum’s comeback, fueled by a notable increase in sales and a decrease in wash trading. Individual CryptoPunks NFTs sell for millions, reinforcing the long-term appeal of scarce digital...
As a result, the media is ringing bells and shouting “NFTs are back!” Ethereum’s seemingly at the forefront, setting the pace, making a comeback. Before you mortgage your home to dive headfirst into the next hottest trend, let’s rewind. It’s high time to put a little more skepticism into the...
Like the art market, the NFT market is a living thing, changing and reacting to new trends, technologies and ideas. In the past few weeks, this changed dramatically, with Ethereum reclaiming its dominance over Polygon, as measured by NFT sales volume. Here’s a breakdown of what has driven Ethereum’s recent...
Meet Fatima, a fictional artist living in Lagos, Nigeria. For decades, she struggled to sell her colorful artworks. She fought against gilded censorship and layers of white patriarchal bureaucracy and was exploited by art dealers who took most of her well-earned cut. Then she discovered NFTs. Just like that, Fatima...
Okay, let's be honest. When NFTs first erupted onto the scene, I was rolling my eyes right with you. JPEGs selling for millions? Seemed like peak internet absurdity. The environmental impact? Downright irresponsible. And yet, here we are. According to Fact.MR, the digital collectible space—fueled by NFTs—is expected to reach...