#marketplace
74 articles found
Latest
OpenSea Head of Product Receives Prison SentenceNate Chastain has been sentenced to three months in prison for engaging in insider trades that amounted to $50,000.
Chastain, aged 33, was found guilty of fraud and money laundering in a federal court in New York in May. This case marked the conclusion of what prosecutors deemed the first significant NFT insider trading case.
Chastain profited by purchasing and selling at least 45 NFTs he was aware would be featured on OpenSea’s homepage.
U.S. Attorney stated, “Today’s sentence should serve as a warning to other corporate insiders that insider trading – in any marketplace – will not be tolerated.”
Beginning on August 31, the popular NFT marketplace OpenSea will not charge royalties for NFT secondary transactions, signaling a change in artist earning policy. Previously, creators were able to set a commission of 2.5% to 10% and earn from every resale. However, with the new update, the creator fee is left up to the discretion of the buyer. For collections on non-Ethereum blockchains, the creator fee will only remain mandatory until February 29, 2024. After this date, the entire platform will make royalties optional. BinaryX & BNX: Igniting the GameFi Revolution
BinaryX is a GameFi project that applies blockchain technology in gaming contexts. The ecosystem of BinaryX includes an NFT marketplace and a high-speed sidechain, which are underpinned by BNX, a governance token. Check BinaryX's insights into the ongoing changes within the GameFi field.
Elon Musk has launched x.com website that points directly to Twitter. He also promises to transform the iconic blue bird logo into the letter "X" within a single day.
According to the billionaire, this rebranding effort is aimed at transforming Twitter into an all-in-one "everything app," serving not only as a social media platform but also as a payments app and messenger.
In the wake of the news, the X token from an unrelated NFT marketplace with the same name skyrocketed by 1000%. (edited) Turn Your PC into Money Spinner with Golem Network
Explore Golem Network, the open-source, peer-to-peer marketplace for transforming idle computing power into GLM coin profits. It's a hotspot of innovation with a massive user base, a project valuation of $280M, and 1 billion GLM coins. Check out how Golem is redefining the computational landscape! iExec (RLC): An Overview of the Project
iExec RLC exemplifies the transformation of a Web3 marketplace with its native ERC-20 token RLC, evolving into an entity similar to an Ethereum sidechain. The platform's distinct consensus algorithm, dedicated dApps creation infrastructure, secure smart contracts, and oracle factory are hallmarks of this transformation. Discover Bitget: Your Path to Copy Trade & BGB Triumph!
Bitget is a globally recognized digital asset marketplace. It offers features such as a one-click Copy Trade, allowing you to align your strategies with those of numerous professionals. In addition,the platform supports tokenized asset trading and has its own BGB token, which can provide benefits like trading discounts and yield enhancement.
Xterio, the gaming Web3 platform, has revealed its decision to create an independent ecosystem following OpenSea's refusal to charge author royalties on NFT resales.
This new initiative will support content creators through the launch of an NFT marketplace, exclusive tokens, a rewarding mechanism, and diverse affiliate programs.
Xterio's officials have said that the launch of this marketplace is imminent, expected within the following weeks.
Altr, a marketplace utilizing NFTs to trade in luxury assets, made headlines by successfully selling an NFT-backed Ferrari F40 worth $2.5 million.
Instead of receiving the vehicle, the buyer got a digital ownership certification in the form of an NFT. The seller, meanwhile, has pledged to store and maintain the car until the owner claims the physical asset.
Additionally, Altr offers fractional NFT ownership, empowering several investors to collectively own a high-value item.
A tricky choice: to purchase an NFT for a Ferrari wheel or an entire Opel? Exploring Robot Cache: AMD's Blockchain Game Marketplace
AMD is in the final stages of testing its blockchain-based marketplace, Robot Cache. This innovative platform gives gamers not just the option to purchase but also resell their games after they're done playing. In addition to fiat, Robot Cache allows transactions in its native coin, IRON, which users can acquire through various loyalty programs. 








