Bored Ape floor price falls below 30 ETH: Nifty Newsletter, July 5–11 By Cointelegraph
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In this week’s newsletter, read about nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a decentralized finance (DeFi) borrower used an NFT representing a physical luxury watch to take out a loan. In other news, find out why Animoca Brands co-founder Yat Siu is still bullish on blockchain games, and don’t forget this week’s Nifty News, featuring a Sega executive’s opinion on play-to-earn gaming.
A report from blockchain analytics firm Nansen showed that royalties earned by NFT projects have reached a 2-year low. The dip may be fueled by lower NFT floor prices of popular collections like the Bored Ape Yacht Club and the Azuki Elementals launch controversy.
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In this week’s newsletter, read about nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a decentralized finance (DeFi) borrower used an NFT representing a physical luxury watch to take out a loan. In other news, find out why Animoca Brands co-founder Yat Siu is still bullish on blockchain games, and don’t forget this week’s Nifty News, featuring a Sega executive’s opinion on play-to-earn gaming.
A report from blockchain analytics firm Nansen showed that royalties earned by NFT projects have reached a 2-year low. The dip may be fueled by lower NFT floor prices of popular collections like the Bored Ape Yacht Club and the Azuki Elementals launch controversy.
Continue Reading on Coin Telegraph
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