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.
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Most NFTs function right now as digital collectibles, traded on marketplaces like the ever-popular OpenSea.
The site saw $3.4 billion in trading volume in August, 10 times the trade volume in July.
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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.
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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.
Justin Banon's vision is for Boson Protocol to be where all of the world's products and services are listed and searchable, with code-automated commerce and no intermediary hogging fees.
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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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The value of investment into the NFT art market has increased significantly, jumping from $31 Million to $755 Million.
The World Intellectual Property Organization (WIPO) and European Union are exploring a new idea around using NFTs to protect intellectual rights and prevent counterfeiting.
Co-Founder of Solana, Anatoly Yakovenko, announced the launch of Saga, an Android Web3-based smartphone and SMS software kit.