2023-10-18 22:00 |
Decentraland Foundation executive director Yemel Jardis believes the NFT market slump is not a sign of regression but maturity.
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NFTs had a total sales volume of $8.8 billion in 2024, surpassing their record in 2023 by over $100 million.
OpenSea told Cointelegraph that the foundation in the Cayman Islands was a registered entity.
NFTs have started to recover, recording a monthly sales volume of $562 million in November.
NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to the start of November.
NFT platform Magic Eden recorded an NFT trading volume of $756.5 million in March, surpassing its rival Blur.
Game developer Square Enix announced the auction dates for NFTs of its upcoming blockchain game Symbiogenesis.
Cointelegraph reached out to various professionals in the Web3 space to get their thoughts on the recent upward trend in NFT sales volumes.