Non-Fungible Tokens
Ongoing coverage on Non-Fungible Tokens.
Latest coverage
Clutch Markets teams with Blockhash’s Michael Hirsch on Mancer, an aggregator built for Robinhood Chain
Blockhash founder Michael Hirsch is partnering with Clutch Markets to launch Mancer, a new liquidity and trading hub designed for the Robinhood Chain. Mancer will feature its own token and a 5,000-piece NFT collection, utilizing Clutch's Anvil AMM. This initiative aims to fill the native aggregator slot on Robinhood Chain, which went live on July 1 and currently uses other aggregators.
B.AI and CROSS Release New AI Tools for Web3 Gaming Enhancement
B.AI and CROSS have partnered to integrate AI agents into Web3 gaming platforms, aiming to enhance in-game economies through autonomous economic actions. This collaboration focuses on improving transaction efficiency and user experience by automating the trading of virtual items and on-chain assets like NFTs.
Enjin Coin Increases from $0.029 to $0.074
Enjin Coin (ENJ) experienced a significant price surge, rising from $0.029 to $0.074, driven by a substantial short squeeze indicated by a 214% increase in open interest and a 21-fold rise in trading volume. This rally is further supported by Enjin's ongoing development of blockchain infrastructure for the gaming and metaverse sectors, including enhancements to NFT tools and increasing adoption by developers.
Steve Aoki Sells $30K in Crypto, Keeps Bored Apes Holdings
Music artist Steve Aoki has reportedly sold approximately $30,000 worth of SHIB and ETH cryptocurrencies to Gemini, while retaining his holdings of seven Bored Ape NFTs. These NFTs, initially purchased for over $800,000, are now valued at around $96,000, reflecting a significant downturn in the NFT market. Aoki's recent financial moves suggest a shift towards a more cautious approach in his digital asset strategy.
NFT Pricing Trends Shift Away from ETH in Crypto Market
The Non-Fungible Token (NFT) market is shifting its primary pricing strategy from Ethereum (ETH) to the U.S. Dollar (USD). This change is attributed to ETH's volatility and a desire for greater stability and familiarity, potentially aligning the crypto market more closely with traditional financial systems.