Solsniper, a now-defunct Solana-based non-fungible token (NFT) marketplace, revealed it has shut down after 3.5 years of operations. The platform will formally shut down on June 13, 2025 at 12 PM PST. Solsniper will delist all NFTs and cancel all bids when we shut down.Solsniper started in early 2022 as...
The Solana NFT ecosystem is experiencing a monumental shift. Solsniper, a marketplace known for its cutting-edge NFT trading tools, abruptly shuttered his doors and announced his closure after 3.5 years in business. This surprising decision serves as a signal to the platform’s future and of the larger trends affecting the...
That is why the news of Solsniper closing its NFT marketplace hurts. True, the company is changing course – pursuing the latest magic bullet of AI-powered meme coin trading. However, for those of us extremely in tune with the booming NFT space across the continent, it’s absolutely deflating. The thrill...
Another NFT exchange Solsniper, also a Solana-based NFT marketplace, announced it would be shutting down just last week after 3.5 years of existence. This news has sparked discussions about the sustainability of NFT marketplaces and the broader trends shaping the digital asset landscape. Note that the platform will close permanently...
So the announcement on Friday that Solsniper would be closing its NFT marketplace stings, no doubt. Another platform bites the dust. But before we wallow in despair, especially for those of us watching from the African continent, let's ask a crucial question: Can this closure be a catalyst for something...
Animoca Brands has solidified its position as a major player in the Web3 space, reporting impressive NFT sales figures of $500 million. This accomplishment is more than a statistic. It underscores the changing realities of this new Web3 world, demonstrates the increasing power and usefulness of NFTs, and points to...
That’s $500 million in NFT sales per month…seriously? Is this the Web3 revolution we’ve all been waiting for, or hi-tech digital hocus pocus? Before we start popping champagne corks, it’s time to inject a little sobriety into this otherwise happy tale. Somewhat ironically, what looked like a test of sincere...
$115 Billion art market by 2034. Sounds fantastic, right? Fact.MR is the one throwing around these big numbers, creating a doomsday scenario of disruption and growth in the art and sculpture market. Before we start popping champagne, let's talk about the elephant in the room – or rather, the pixelated...
With an art world forecasted to grow to a mind-boggling $115 billion by 2034, it might seem like a dream land to most African creators. A global market—which, in theory, should be easier to enter—but it’s not. Why? That’s because the legacy art world is predicated on gatekeepers. As long...
CryptoPunks did experience a 10% price increase when Yuga Labs gave up ownership. Let's be honest, that's peanuts. The real story here is how they’re just trying to survive long term. Its implications may even determine the future of the entire NFT ecosystem.Did Yuga Stifle CryptoPunks' Spirit?Yuga Labs selling CryptoPunks?...