📉 Justin Bieber’s $2 Million NFT is Now Worth Less Than $100,000

Celebrities often venture into uncommon realms seeking innovation. For Justin Bieber, the Non-Fungible Tokens [NFTs] space became a captivating pursuit. While the journey started strong, the volatile nature of the market has transformed it into a cautionary tale. Justin Bieber’s NFT portfolio, once valued at over $2 million, now languishes at a meager fraction barely exceeding $100,000.

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🖼 NFT Lending Market Top $2 Billion in Q1 2024

The latest report by NonFungible.com highlights a big milestone in the NFT lending world. In the first part of 2024, the market hit over $2 billion in volume, showing a 44% increase from the end of 2023. The quick rise is catching the eye of investors and NFT owners alike. It is quite easy to use your NFTs to secure a loan. Platforms for lending let users lock up their NFTs and get a loan in return. This means they can access cash without selling off their precious digital assets.

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🖼 NFT lending volume surpass $2 billion in Q1 as holders search for liquidity

The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report.

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🖼 Crypto Champion Launches Today with New NFT Features

Crypto Champion, a web3 mobile and browser-based game, officially launches today after nearly three years of development. The game incorporates a dual-token system and features arena battles with five races to choose from — Undead, Elite Military, Cyberpunk, Western, and Fantasian — each with distinct traits and abilities. Crypto Champion also includes a pet system that players can evolve into NFTs to be traded or sold.

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🖼 Trust Wallet Partners with GoMining to Introduce the NFT Collection Trust Box

Trust Wallet, a well-known web3 gateway and crypto wallet, has announced an exclusive partnership. The company says that it is integrating with GoMining (a prominent NFT platform) to introduce an exclusive NFT collection named Trust Box. On its official X account, the company revealed the latest announcement of the partnership.

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🖼 Indie Gem ‘Crystal Armada’ Soars into the NFT Space

A visionary indie game development team is inviting players to fleet command in ‘Crystal Armada – Rise of Terra‘, a game that redefines strategic space engagement with its unique simultaneous turn-based execution system. Set against the backdrop of a galactic crisis, Crystal Armada offers an innovative approach to space battles, blending turn-based strategy with real-time action. Every move is meticulously planned, every outcome considered, crafting a thrilling dance of destruction where cunning and tactics are as vital as the might of your fleet.

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💰 Polygon NFT Activity Rebounds in April, Driven by Dew

NFT activity on Polygon has gained traction in April. CryptoSlam data shows that the number of unique buyers of Polygon-based NFTs surged on April 18 to the highest level since June 2023. Over 36,000 NFT purchases were recorded on that day. Polygon ranks fourth among blockchain networks by NFT trading volume after Bitcoin, Ethereum, and Solana. As we reported via X, Dune data compiled by Sealaunch shows that Polygon NFT sales maintained above $1 million for seven consecutive days to April 18.

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🖼 Louis Vuitton Bestows €7.9K Jacket by Pharrell to NFT Holders

Casting a spotlight on the NFT space yet again, Louis Vuitton recently introduced a premium western-inspired leather jacket accompanying an Ethereum-based NFT collectible dubbed ‘Varsity Blouson’. The apparel boasts suede buckskin, shimmering fasteners, and an intricately embroidered emblem, encapsulating the current enthusiasm for “cowboy fever”, as per Vogue, and the high-end collector’s market.

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🖼 Damien Hirst Launches Chainlink Price Index for NFT Project

Damien Hirst’s first non-fungible token (NFT) collection is getting a dedicated price index courtesy of Chainlink, a crypto network and data provider. When Hirst – the British artist best known for wildly expensive works involving taxidermied sharks and diamond-studded skulls – released “The Currency” last year, the project took most of its cues from other popular NFT collections. Like CryptoPunks or the Bored Ape Yacht Club, “The Currency” consists of 10,000 images with slight variations.

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🖼 Telegram Plans to Transform Stickers and Emojis as NFTs on TON

Telegram, the popular instant-messaging platform, announces its plan to tokenize stickers and emojis, transforming them into NFTs on the TON blockchain. This move follows Telegram’s recent tokenization of usernames and anonymous numbers, which allowed users to claim up to 95% of sales revenue. By extending tokenization to stickers and emojis, Telegram aims to further integrate the app with the TON blockchain, leveraging its scalability and further provide communication solutions to its expansive user base.

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🖼 Crypto Trading Game Banksters Concludes Airdropped NFT Contest With Its Mainnet Launch

The educational NFT-based crypto trading game Banksters has celebrated the upcoming launch of its Mainnet with a new airdrop that rewards its most active and best performing players. The event ran from April 3 to April 17, and ended up with the 1,000 highest-rated Banksters’ players receiving an airdropped NFT showcasing various traits and levels of rarity. The NFTs were valued at a combined 100,000 USDT. ‘

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🖼 BAYC Creator Yuga Labs Offloaded 2 NFT Games To Faraway

Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFT collection, has announced the sale of the intellectual property rights for two of its games. This move is part of Yuga Labs’ previously declared commitment to refocus its organizational efforts. In an April 17 announcement on X, Yuga Labs revealed the decision to transfer the IP rights of HV-MTL and Legends of the Mara to Faraway.

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🖼 SBI Group to Unveil NFTs on XRP Ledger for World Expo 2025 in Japan

Japan’s SBI Group has announced plans to issue non-fungible tokens (NFTs) on the XRP Ledger for the upcoming World Expo 2025 in Osaka. SBI Group is a financial service conglomerate based in Japan. Using Ripple’s XRP Ledger, SBI will create and distribute visitor NFTs featuring MYAKU-MYAKU, the official character of the Expo. Attendees can obtain these digital collectibles by participating in Expo activities and utilizing the Expo mobile app.

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🖼 CyberKongz Bitcoin NFTs Near $5M Market Cap Under 24 Hours

CyberKongz began airdropping its first batch of Bitcoin NFTs yesterday—strategically ahead of tomorrow’s Runes Protocol debut and the Bitcoin Halving event. The NFT project dubbed ‘Prometheans’ aims to release 21,000 assets across 16 different batches. To date, 8,400 NFTs have been airdropped to 20 leading Ordinals communities and 1,200 CyberKongz holders on the Ethereum blockchain.

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🖼 Bored Ape Creator Yuga Labs Just Offloaded NFT Games to Sharpen Focus on 'Otherside'

Yuga Labs, the startup behind the Creator of Bored Ape Yacht Club (BAYC), has sold two of its gaming IPs to Web3 gaming studio Faraway—a development team that has been working closely with Yuga since last year. Both HV-MTL and Legends of the Mara have been acquired by Faraway, along with associated NFT collections. Faraway is also adding Yuga Labs’ Chief Gaming Officer Spencer Tucker as its new Chief Product Officer to help maintain continuity as the games continue on under a new company.

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🖼 'Guy Explaining' Nightclub Meme to Be Sold as Ethereum NFT

A popular meme photo of a guy at a club yelling into a girl's ear—about something that she doesn't appear to be into—is going up for auction as an Ethereum NFT on Foundation. “Milk Edinburgh” received its name from the nightclub where it was taken—Milk, in Edinburgh Scotland. The picture was originally shared around the internet with a watermark of the club's moniker on it, which is why the name stuck, and it’s since been widely used as an example of a “guy explaining” or “mansplaining.”

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🔫 Meta Shift Focus From Gaming to an Education Metaverse

The announcement marks a significant step towards integrating virtual reality (VR) technology into educational environments. Let’s discover more about this important news for Meta. Meta’s Quest virtual reality (VR) headsets are one of the top XR headsets on the market. The company’s expansion into education signifies a growing trend towards immersive learning experiences. Meta is reportedly in pole position to dominate the VR sector, which has recorded a whopping 27.3% annual growth since 2020.

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🖼 Quantum Temple Promotes Regenerative Tourism Through NFTs

Quantum Temple, a web3 startup for immersive cultural travel, aims to transform the travel industry by offering authentic and regenerative tourism through NFT-enabled experiences. By partnering with the Indonesian Ministry of Tourism and Creative Economy, Desa Manukaya Let, and Mysten Labs, Quantum Temple has recently introduced their first ever web3-enabled travel experience at the UNESCO World Heritage Site, allowing tourists to explore Bali’s water heritage and participate in traditional rituals.

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🖼 Bored Apes' floor price hits lowest point since 2021, down more than 90% from all-time high

Bored Ape Yacht Club NFTs may have hit more than a rough patch as the floor price for the once-celebrated collection hit its lowest point since August 2021. As of Monday, the floor price on Bored Ape NFTs sank to 10.9 ether (about $34,000), according to NFT Price Floor data. The NFTs' floor price has not been that low since early August 2021, when it hit 9.5 ether, also according to the NFT data site. Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, collection declined to comment.

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🖼 Adidas Releasing $2,500 Solana NFT Sneakers in Move-to-Earn Game 'Stepn'

Move-to-earn game Stepn announced the launch of a collaborative NFT collection with titan sportswear brand Adidas on Monday, with plans to bring Solana NFT sneakers from the brand into the fitness-focused game. The Stepn x Adidas Genesis Sneakers collection is the first in a series of “co-branded activities” between the two companies. In a year-long partnership, the collaboration will see more NFTs dropped as well as physical items.

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