Tag: erc721

ERC-721 Tokens Power Unique Digital Assets in the Metaverse and Beyond

ERC-721 Tokens Power Unique Digital Assets in the Metaverse and Beyond

ERC-721 tokens are the core of the NFT ecosystem Ethereum and many other blockchains have given rise to. They democratize accessibility to creative expression by providing new avenues to artists. In March 2018, Ethereum Improvement Proposal (EIP) 721 officially recognized this token standard. This enables development and use of a...

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GameSquare Invests $5.15 Million in Rare CryptoPunk NFT Amidst Renewed Market Interest

GameSquare Invests $5.15 Million in Rare CryptoPunk NFT Amidst Renewed Market Interest

GameSquare, the leading esports and gaming company, has taken a brazen leap into the NFT landscape. They purchased a super rare CryptoPunk for an eye-popping $5.15 million. This purchase, acquired with preferred shares, further highlights the company’s continued strategic interest in Ethereum and digital assets. The NFT market is currently...

NFT Market Shows Signs of Revival with Strategic Investments and Innovative Yield Strategies

NFT Market Shows Signs of Revival with Strategic Investments and Innovative Yield Strategies

NFTs are back in the news today with the launch of an NFT-native treasury firm that aims to earn yield on CryptoPunks. GameSquare’s purchase of Cowboy Ape #5577 CryptoPunk for $5.15 million has been largely credited with starting this revival. This strategic investment establishes a precedent for other corporations to...

Takashi Murakami Blooms on Base with "108 Flowers Revised" NFT Collection

Takashi Murakami Blooms on Base with "108 Flowers Revised" NFT Collection

Takashi Murakami, the Japanese contemporary art phenomenon, is bringing his “108 Flowers Revised” NFT collection to life. Like Base itself, it’ll be released on the Base blockchain. This move is a huge step in bridging the old art establishment with the innovative technology that Web3 offers. The July 31 launch...

Oh Whale Debuts NFT Collection to Benefit Ocean Conservation

Oh Whale Debuts NFT Collection to Benefit Ocean Conservation

Oh Whale has officially launched its first NFT collection, Oh Whale Originals, now live on OpenSea. This ocean-themed initiative pairs beautiful, collectible digital art with real-world support for ocean protection. While fostering appreciation for Big Bend, the project’s ultimate goal is to create distinctive digital assets that help establish a...

PENGU Token Soars, Propelling Pudgy Penguins to Top NFT Tier

PENGU Token Soars, Propelling Pudgy Penguins to Top NFT Tier

Even PUDGY, the native currency of the Pudgy Penguins ecosystem, has exploded. In fact, it has soared by an incredible 385% in just over the last five weeks alone! This boom has catapulted Pudgy Penguins into the 2nd-largest NFT ranked by all-time sales volume. According to TradingView’s data, PENGU has...

Ethereum Eyes New Highs as NFT Market Shows Signs of Revival

Ethereum Eyes New Highs as NFT Market Shows Signs of Revival

Ethereum is in a great position to continue growing. The NFT market has renewed momentum that might see it exceed 2021’s all-time high. Recently, the cryptocurrency has crossed the $3,800 mark, a price point not reached since December 2024, indicating a positive shift in the market sentiment.Ethereum reached an all-time...

NFT Market Sees Massive Surge Amid Crypto Rally

NFT Market Sees Massive Surge Amid Crypto Rally

Whether you could ever love them or not, the NFT market is returning with a vigorous boom. This revival is largely attributed to a greater bullish sentiment across the cryptocurrency space. Daily sales across the entire NFT space have surged, soaring by 191% to climb above $46 million. Market capitalization...

CryptoPunk Whale Purchase Drives Ethereum NFT Trading Volume Surge

CryptoPunk Whale Purchase Drives Ethereum NFT Trading Volume Surge

The digital collectibles market is in the midst of a boom, driven by record levels of activity on the Ethereum blockchain. NFT trading volume has recently increased to a six-month high of $140 million. This dramatic increase was largely powered by a CryptoPunk whale that purchased 45 NFTs over one...