Coinbase NFT Marketplace Launched
Apr21

Coinbase NFT Marketplace Launched

A beta launch of the new Coinbase NFT platform has been released, with many popular NFT collections listed to buy and trade via Coinbase. General access is being rolled out soon and interested NFT traders and artists are being invited to open a Coinbase wallet to receive an invite code. Coinbase’s NFT marketplace is simply called ‘Coinbase NFT’, similar to Binance NFT. Coinbase NFT Platform The separate Coinbase NFT website can be found at nft.coinbase.com. A message reads ‘all the hottest NFT collections are on Coinbase NFT’ and the most successful NFTs are featured including the Bored Ape Yacht Club, Mutant Apes and upcoming collections such as: Azuki Moonbirds World of Women Cheaper NFTs are also available to buy, currently there are dozens of NFTs with a floor price of 0.01 ETH or lower. <!–esi –> For a limited time there are no fees for trading on the new Coinbase NFT marketplace. Social Media NFT Engagement Similar to eToro, Coinbase is focusing on a social trading setup to connect investors and traders. Users will be able to create online profiles and have a personalized feed similar to on social media platforms like Facebook (Meta) and Instagram. Rather than only buying and selling NFTs alone, they’ll be able to comment on NFTs and engage in other ways. Coinbase product and ecosystem VP Sanchan Saxena stated: ‘While it is true that buying and selling NFTs is a big part of the ecosystem today, what we have learned by talking to many customers […]

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New Bored Ape Yacht Club ATH Floor Price
Apr21

New Bored Ape Yacht Club ATH Floor Price

The valuation of Bored Ape NFTs is pumping on rumors of a BAYC metaverse land drop. The new BAYC ATH floor price is 124 ETH on Opensea. The total volume traded also passed a milestone of half a million Ether. In the last 7 days the sales volume exceeded 10,000 ETH. The speculation from popular NFT influencers on social media is that BAYC NFT owners will receive an airdrop of virtual land in the upcoming metaverse to be built by Yuga Labs, the creators of BAYC. Watch a teaser trailer of their ‘Otherside’ metaverse here. So if any BAYC holders were planning on selling and taking profit, that’s another reason not to. Governance token of that metaverse ApeCoin (APE) which was first airdropped to Bored Ape owners, also pumped to revisit the $17 level. BAYC Road to All Time High The first price of a Bored Ape NFT was their initial mint price of 0.08 ETH at presale in April of 2021. The collection of 10,000 BAYC NFTs quickly sold out at and hit a double digits floor price by mid 2021, then over 50 ETH by the end of the year. <!–esi –> BAYC floor price history via Coingecko In early 2022 the BAYC floor price pumped past 100 ETH for the first time, before correcting over 30% alongside Bitcoin, Ethereum and the total cryptocurrency market cap undergoing a downtrend from their all time high hit in November 2021. Holders with diamond hands were rewarded however as the Bored […]

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ApeCoin Pumps Over $17 on Rumors of Land Drop
Apr21

ApeCoin Pumps Over $17 on Rumors of Land Drop

ApeCoin (APE) pumped to a weekly high of $17.52 on Wednesday following rumors that Bored Ape Yacht Club NFT holders will be airdropped virtual land plots in the planned ‘Otherside’ metaverse, and whitelisted to buy them. Released by ApeCoin DAO, APE is the governance token that will power all transactions in that upcoming metaverse, including any digital land sales. Plots of virtual land space represented by NFTs that can be bought and sold by traders is a popular concept pioneered by other NFT projects such as Decentraland and The Sandbox. Genesis Drop While unconfirmed, slides from a Yuga Labs presentation were leaked on Twitter revealing 200,000 land plots will eventually form the Otherside metaverse and a percentage of the first batch will be given away to Bored Ape and Mutant Ape holders in an airdrop called the ‘Genesis drop’. According to the slide 30,000 land plots will go to BAYC / MAYC owners, which is 30% of the initial batch of 100,000 plots in the Genesis drop. The Coinbase entertainment team also announced earlier in April that a BAYC film trilogy is in production. All the current bullish news could see the ApeCoin price continue to move up in Q2 2022. <!–esi –> ApeCoin +33% Weekly Candle Relatively new crypto ApeCoin only has six weekly candles in its current price history since being listed on major exchanges like Binance and eToro. The currently weekly low is $10.90. So the volatile coin has moved up over 60% from the lows to […]

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Sneaker NFTs and the Move to Earn Craze
Apr20

Sneaker NFTs and the Move to Earn Craze

Everyone’s getting healthy and making money – forget play to earn, now you can move to earn Green Satoshi Tokens (GST) with a sneaker NFT. The latest craze started with the launch of the STEPN app and website. It’s become one of the most downloaded apps on the App Store, and the governance token GMT (Green Metaverse Token) is currently the top trending crypto on Coinmarketcap, up over 10% today and 2000% since early March. But what is STEPN, what are GMT and GST and how can you make money by running? STEPN (GMT) is the top trending crypto What is STEPN? STEPN is the brainchild of Australia based Fintech firm Find Satoshi Lab. According to the official website Stepn.com, STEPN (also called StepN) is a ‘Web 3.0 lifestyle app with SocialFi and GameFi elements’ – its players can make money by running, jogging or just walking outdoors as long as they have a GPS connection on their mobile phone, and own a sneaker NFT. The move to earn concept was born in August 2021 and STEPN began to get attention in media like Yahoo Finance by December, which called it ‘the first Move2Earn mobile NFT gaming platform’. Founder and CEO Yawn Rong commented: ‘We are proud to reveal the potential of what individuals can achieve with their fitness goals using crypto as an incentive. With STEPN, we’re one step closer to achieving our mission of empowering players to take control of their health by making move2earn more simple and […]

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STEPN GMT Price Prediction 2022
Apr20

STEPN GMT Price Prediction 2022

STEPN (GMT) on Coinmarketcap Every now and then an altcoin comes along that goes up and up and shows no sign of slowing down. In late 2021 that was Shiba Inu, which is still trending from time to time on Coinmarketcap.com, currently the #2 trending coin on the coin price tracking site. The top trending coin right now in Q2 2022, currently going viral, is STEPN (GMT). What is Green Metaverse Token? GMT, Green Metaverse Token, is the governance coin of the STEPN app, which runners and joggers – even walkers – can use to earn crypto while exercising, in the form of GMT and GST (Green Satoshi Token). The more they exercise, the more they earn. It’s a fun, novel and interesting use case and the STEPN app arguably has more lasting appeal and utility than meme coin Shiba Inu (SHIB) does. The GMT price has been exploding as the number of users of the STEPN app has been increasing – downloading it and minting sneaker NFTs, their ticket to play the game and start earning profits. STEPN is now the #29 app on the App Store in the Health & Fitness category. GMT Price Prediction 2022 GMT price chart via Coingecko GMT is perhaps more comparable to being the next Axie Infinity rather than the next Shiba Inu. That play to earn (P2E) crypto game’s native token AXS went on a bull run from $0.10 to $166.09 on Binance – a 1661x run in 12 months. GMT coin […]

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Amazon Platform to Support NFTs ‘Down the Road’
Apr20

Amazon Platform to Support NFTs ‘Down the Road’

An Amazon NFT marketplace to buy and sell NFTs is ‘possible down the road on the platform‘, Amazon CEO Andy Jassy told CNBC in an interview. In the CNBC Pro interview available for paying subscribers, he also stated that while he doesn’t yet own Bitcoin himself, he’s bullish about the long-term potential of cryptocurrencies and non-fungible tokens. ‘I don’t have Bitcoin myself. We’re not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you’ll see crypto become bigger. I expect that NFTs will continue to grow very significantly.’ The Harvard Business school graduate took over as Amazon CEO from Jeff Bezos on July 5th, 2021. Amazon Warms to Crypto Adoption While cryptocurrency hasn’t yet been added as a way to make purchases on Amazon, the company – the 5th largest in the world according to CompaniesMarketCap.com – has been hiring experts in blockchain tech and digital currencies. It would make sense for household names like Amazon and eBay, trusted already as online product marketplaces, to expand into buying and selling NFTs and take a slice of market share from NFT marketplaces like Opensea, Rarible and Looksrare. <!–esi –> Many cryptocurrency exchanges have already launched their own NFT marketplaces to do exactly that, for example: Binance Bybit Crypto.com eToro FTX As CNBC notes the trading volume alone of NFTs in 2021 was over $17 billion, an increase of over 20,000% from 2020. That interest shows no sign of slowing down […]

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