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TOP #NFT SALES IN THE LAST 7D Among the largest sales in the last 7D are: #CryptoPunks Largest Sale: CryptoPunk #3873 - $260.13K
TOP #NFT SALES IN THE LAST 7D

Among the largest sales in the last 7D are:

#CryptoPunks

Largest Sale: CryptoPunk #3873 - $260.13K
TOP #NFT SALES IN THE LAST 7D Among the largest sales in the last 7D are: #CryptoPunks Largest Sale: CryptoPunk #2550 - $332.77k
TOP #NFT SALES IN THE LAST 7D

Among the largest sales in the last 7D are:

#CryptoPunks

Largest Sale: CryptoPunk #2550 - $332.77k
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Who benefits most from NFT adoption?NFT hype peaked in 2021, with record sales and celebrity promotion, however, market and global attention declined throughout 2022 as trading volumes and floor prices fell, a downturn that led some to question the applicability of NFT technology itself. However, NFTs are far from dead, and their development continues, albeit in a less speculative direction than provocative digital art. Now, more functional types of NFTs are emerging, with some industries using them for gaming, virtual real estate, tokenization of physical assets, and more. In this article, we’ll look at some of the applications of NFTs and why they are far from dead.

Who benefits most from NFT adoption?

NFT hype peaked in 2021, with record sales and celebrity promotion, however, market and global attention declined throughout 2022 as trading volumes and floor prices fell, a downturn that led some to question the applicability of NFT technology itself.
However, NFTs are far from dead, and their development continues, albeit in a less speculative direction than provocative digital art. Now, more functional types of NFTs are emerging, with some industries using them for gaming, virtual real estate, tokenization of physical assets, and more. In this article, we’ll look at some of the applications of NFTs and why they are far from dead.
Is the NFT Era Coming to an End? Why Did LG Shut Down Its Platform? 🚨 Another big shock for the NFT market! LG has announced that it will shut down its NFT platform, LG Art Lab, on June 17, 2025. Launched in September 2022, this platform allowed users to display NFTs on LG TVs and collaborate with digital artists. However, LG now says it is shifting focus to new technologies. NFT Market in Decline? ❌ The NFT market cap currently stands at $3.67 billion, far below earlier expectations. 📉 Major collections like CryptoPunks and Bored Ape Yacht Club have seen significant price drops. 🏢 Companies like Kraken and RTFKT are also shutting down their NFT operations. Will NFTs Make a Comeback? Many experts believe the NFT hype is over, while others see a potential comeback in a new form. 💬 What do you think? Should people still invest in NFTs, or is it a fading technology? Share your thoughts in the comments! 🔗 #NFTs cryptoNews #blockchain kchain #LGArtLab #NFTMarketCrash #CryptoPunks
Is the NFT Era Coming to an End? Why Did LG Shut Down Its Platform?

🚨 Another big shock for the NFT market! LG has announced that it will shut down its NFT platform, LG Art Lab, on June 17, 2025.

Launched in September 2022, this platform allowed users to display NFTs on LG TVs and collaborate with digital artists. However, LG now says it is shifting focus to new technologies.

NFT Market in Decline?

❌ The NFT market cap currently stands at $3.67 billion, far below earlier expectations.
📉 Major collections like CryptoPunks and Bored Ape Yacht Club have seen significant price drops.
🏢 Companies like Kraken and RTFKT are also shutting down their NFT operations.

Will NFTs Make a Comeback?

Many experts believe the NFT hype is over, while others see a potential comeback in a new form.

💬 What do you think?
Should people still invest in NFTs, or is it a fading technology? Share your thoughts in the comments!

🔗 #NFTs cryptoNews #blockchain kchain #LGArtLab #NFTMarketCrash #CryptoPunks
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Chat with gmoneyFounded in 2022 by gmoney, 9dcc aims to “reinterpret centuries-old brand traditions while delivering fresh take on fashion for digital-first consumers whose perspectives on fashion and design align with gmoney’s vision for timeless style.” COLLECTION 01 by 9dcc is the first fully on-chain fashion collection, seamlessly integrating physical products with digital experiences. In this Q&A, gmoney discusses how he merges the physical and digital sides of fashion, as well as 9dcc’s upcoming Black Box casting, which launches on December 18th.

Chat with gmoney

Founded in 2022 by gmoney, 9dcc aims to “reinterpret centuries-old brand traditions while delivering fresh take on fashion for digital-first consumers whose perspectives on fashion and design align with gmoney’s vision for timeless style.”
COLLECTION 01 by 9dcc is the first fully on-chain fashion collection, seamlessly integrating physical products with digital experiences.
In this Q&A, gmoney discusses how he merges the physical and digital sides of fashion, as well as 9dcc’s upcoming Black Box casting, which launches on December 18th.
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🟡 NFT trader faces criminal charges — $13M profit from CryptoPunks hidden from tax authorities • American Waylon Wilcox pleaded guilty to concealing nearly $13 million in profits from NFT transactions from the CryptoPunks collection • In 2021-2022, he understated his income by millions — in 2021 he sold 62 NFTs for a profit of $7.4 million, and in 2022 another 35 for $4.9 million • When filing tax returns, he claimed that he had not conducted digital asset transactions — which turned out to be a lie • He now faces up to 6 years in prison, a hefty fine, and supervision after release • This is one of the first major cases where the IRS and U.S. prosecutors are targeting NFT speculators 🟡 For the cryptocurrency market as a whole — a signal that the IRS is tightening control, especially against the backdrop of new rules for DeFi and CEX, effective from 2024 📢 Stop chasing the market — start outpacing it 💼 #bitcoin #crypto #NFT #CryptoPunks #IRS
🟡 NFT trader faces criminal charges — $13M profit from CryptoPunks hidden from tax authorities

• American Waylon Wilcox pleaded guilty to concealing nearly $13 million in profits from NFT transactions from the CryptoPunks collection
• In 2021-2022, he understated his income by millions — in 2021 he sold 62 NFTs for a profit of $7.4 million, and in 2022 another 35 for $4.9 million

• When filing tax returns, he claimed that he had not conducted digital asset transactions — which turned out to be a lie
• He now faces up to 6 years in prison, a hefty fine, and supervision after release
• This is one of the first major cases where the IRS and U.S. prosecutors are targeting NFT speculators

🟡 For the cryptocurrency market as a whole — a signal that the IRS is tightening control, especially against the backdrop of new rules for DeFi and CEX, effective from 2024

📢 Stop chasing the market — start outpacing it 💼

#bitcoin #crypto #NFT #CryptoPunks #IRS
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NFT: The Magical Realism of the Digital World, Your Avatar Might Be More Expensive Than Your House!From a cat to a house, how is NFT driving the world crazy? Do you remember the 'CryptoKitties' that sold for millions of dollars in 2017? Yes, it's that pixelated cat that looks like it was drawn with Windows 95. At the time, everyone thought the world was crazy - a virtual cat was actually more expensive than a real cat! But who would have thought this was just the beginning of the magical realism of NFTs (non-fungible tokens). Now, NFTs have evolved from 'CryptoKitties' to 'crypto art', 'crypto real estate', and even 'crypto socks'. Yes, you heard it right, socks can also be NFT-ed, and the price might be more expensive than all the socks in your wardrobe combined. Today, let's talk about this NFT world that has driven countless people crazy and puzzled many others.

NFT: The Magical Realism of the Digital World, Your Avatar Might Be More Expensive Than Your House!

From a cat to a house, how is NFT driving the world crazy?
Do you remember the 'CryptoKitties' that sold for millions of dollars in 2017? Yes, it's that pixelated cat that looks like it was drawn with Windows 95. At the time, everyone thought the world was crazy - a virtual cat was actually more expensive than a real cat! But who would have thought this was just the beginning of the magical realism of NFTs (non-fungible tokens).
Now, NFTs have evolved from 'CryptoKitties' to 'crypto art', 'crypto real estate', and even 'crypto socks'. Yes, you heard it right, socks can also be NFT-ed, and the price might be more expensive than all the socks in your wardrobe combined. Today, let's talk about this NFT world that has driven countless people crazy and puzzled many others.
🗞️ Today in Web3 Your daily dose of Web3 news 🌐 1⃣ Mastercard's UEFA Champions League Game NFT Pass 2⃣ MicroStrategy now holds 190K BTC 3⃣ CryptoPunks Announce Artist in Residence Program 4⃣ Bitsonic Chief Sentenced for Crypto Theft 5⃣ Judge Approves BlockFi and 3AC Settlement #Write2Earn #mastercard #btc #cryptopunks #microstrategy
🗞️ Today in Web3

Your daily dose of Web3 news 🌐

1⃣ Mastercard's UEFA Champions League Game NFT Pass
2⃣ MicroStrategy now holds 190K BTC
3⃣ CryptoPunks Announce Artist in Residence Program
4⃣ Bitsonic Chief Sentenced for Crypto Theft
5⃣ Judge Approves BlockFi and 3AC Settlement

#Write2Earn #mastercard #btc #cryptopunks #microstrategy
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CoinGecko: Who Dominates the NFT Market?Which NFT series holds the market dominance? The pioneering collection CryptoPunks currently dominates the NFT market, holding a 30.9% share among top collections, and its leading position has been solidified since surpassing Bored Ape Yacht Club (BAYC) in May 2023. Previously, in early 2022, CryptoPunks' dominance was 24.8%, lagging behind the then-leader BAYC at 29.3%. Although CryptoPunks briefly surpassed BAYC in November 2022, it fell back to second place, yet due to its more resilient floor price, this pixel art NFT successfully maintained a narrower market share gap and regained the top position in May 2023.

CoinGecko: Who Dominates the NFT Market?

Which NFT series holds the market dominance?
The pioneering collection CryptoPunks currently dominates the NFT market, holding a 30.9% share among top collections, and its leading position has been solidified since surpassing Bored Ape Yacht Club (BAYC) in May 2023.
Previously, in early 2022, CryptoPunks' dominance was 24.8%, lagging behind the then-leader BAYC at 29.3%. Although CryptoPunks briefly surpassed BAYC in November 2022, it fell back to second place, yet due to its more resilient floor price, this pixel art NFT successfully maintained a narrower market share gap and regained the top position in May 2023.
🚀 NFT Boom Alert! 🎨🔥 NFT sales are soaring, up 15.2% to a massive $121M! 💰 But the real shocker? CryptoPunks sales have skyrocketed 500%! 😱 🔹 What’s driving the surge? ✅ Renewed interest in blue-chip NFTs like CryptoPunks ✅ Big-name investors re-entering the space ✅ Market confidence bouncing back 💎 Are NFTs making a comeback, or is this just a short-term pump? Drop your thoughts below! ⬇️🎭💬 #NFTs #CryptoPunks #NFTMarketbreak #Web3 #TodaysCryptoNews
🚀 NFT Boom Alert! 🎨🔥

NFT sales are soaring, up 15.2% to a massive $121M! 💰 But the real shocker? CryptoPunks sales have skyrocketed 500%! 😱

🔹 What’s driving the surge?

✅ Renewed interest in blue-chip NFTs like CryptoPunks

✅ Big-name investors re-entering the space

✅ Market confidence bouncing back

💎 Are NFTs making a comeback, or is this just a short-term pump? Drop your thoughts below! ⬇️🎭💬

#NFTs #CryptoPunks #NFTMarketbreak #Web3 #TodaysCryptoNews
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This Week in Web3 and NFTs (64)Welcome to the OpenSea Digest, our recap of the biggest NFT and web3 news from the week. Illuvium Mainnet Launch Illuvium, a role-playing game (RPG) featuring blockchain collectibles, officially launched its mainnet on July 25, and players can now download the game from the Epic Games Store and begin their cinematic journey through an alien world. The game's story begins when the player's character wakes up from cryosleep and quickly realizes that they are on a spaceship stranded on a hostile alien planet. The first mission is to repair the ship, and soon after, they travel through various outposts, performing missions to unlock new technologies and discoveries.

This Week in Web3 and NFTs (64)

Welcome to the OpenSea Digest, our recap of the biggest NFT and web3 news from the week.
Illuvium Mainnet Launch
Illuvium, a role-playing game (RPG) featuring blockchain collectibles, officially launched its mainnet on July 25, and players can now download the game from the Epic Games Store and begin their cinematic journey through an alien world.
The game's story begins when the player's character wakes up from cryosleep and quickly realizes that they are on a spaceship stranded on a hostile alien planet. The first mission is to repair the ship, and soon after, they travel through various outposts, performing missions to unlock new technologies and discoveries.
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