'Flatlining' may not be the order of the day, but there are certainly some significant developments in the NFT market.
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The value of investment into the NFT art market has increased significantly, jumping from $31 Million to $755 Million.
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Changpeng Zhao explained he has yet to ask Musk for a detailed plan but that charging for comments and blue ticks are both in the pipeline.
The World Intellectual Property Organization (WIPO) and European Union are exploring a new idea around using NFTs to protect intellectual rights and prevent counterfeiting.
This sudden surge comes just as NFT innovators are beginning to reimagine what it means to engage in online collection or digital ownership.
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That kid who created his own $400,000 NFT project, Benyanub Ahmed, joined another successful NFT group. Together, their sales volume moved past the $5 million mark after just three weeks.
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BAYC has 10% of the total market cap of NFTs, this project has been at the center of the conversations about copycats.
Quontic punches above its weight 13 years after launching as a community bank on Long Island, and it recently launched in the metaverse.
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Goldman Sachs has announced they are exploring NFT's- Why? Despite being a playground for collectibles, for some its the logical next step for incumbents.
Soulbound tokens, with their air of myth and legend, have very real applications that could significantly disrupt the finance sector, bringing decentralization to DeFi and creating a whole new way of thinking about society.