nft marketplace

New research by hildobby, an anonymous data analyst for DragonFly and Dune, has shown that up to 80% of trades in January 2022 were wash trades. As you can see from Dune Analytics’ data table, the record increase in turnover in January this year was due to interest in NFTs and wash trades. January trading […]

Warner Music Group announced that it has entered into a partnership with the NFT marketplace, OpenSea. The collaboration is supposed to increase Warner Music artists’ Web3 presence, including Madonna, Ed Sheeran, and Cardi B. As part of the deal, OpenSea will secure the artists an early place in the NFT marketplace future products. In addition, […]

The electronics giant, LG Electronics, has unveiled its own NFT marketplace in the US. Named LG Art Labs, the marketplace is available to owners of LG screens operating with WebOS 5.0. It is accessed through the TV’s home screen and allows users to trade NFTs while sitting comfortably in front of the screen. Transactions made […]

OpenSea, the world’s largest NFT marketplace, has replaced the Wyvern protocol with the new and more efficient Seaport protocol. The company has stated that the new smart contract will allow users to save roughly 35% on gas fees. This translates to some $460 million in total annual fees. Seaport is a decentralized, open-source protocol. It […]