NFTs in 2024: Surviving challenges, embracing growth, eyeing the future
NFT projects encountered numerous setbacks in 2024, but many remain hopeful that the asset class will stage a comeback.
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NFT projects encountered numerous setbacks in 2024, but many remain hopeful that the asset class will stage a comeback.
Doodles was a hit on OpenSeas and is making its way as a media franchise with product partnership and a new film.
Lamborghini’s dive into NFTs comes amid lower monthly sales volumes for digital collectibles.
NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record.
Ubisoft enters the Web3 space with Champions Tactics, a tactical RPG leveraging blockchain for player-owned assets and unique champions.
NFT sales volumes for the week ending Oct. 6 hit nearly $85 million, the biggest selling week for NFTs since the end of August.
Indonesia’s state-owned postal service has launched a physical postage stamp with an NFT counterpart.
NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September.
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year.
