Welcome again to The Nightly Mint. Whereas NFT volumes and common sentiment has been working low on steam to date in March, the numbers are nonetheless corresponding to This autumn 2021 – which blew final yr’s numbers out of the water. So whereas critics declare that NFTs are on their downfall, if we have a look at the large image, it’s a small blip over the previous yr of development. Till we see sustained weeks to months of sliding exercise, there’s little conclusions to attract fairly but.
The Nightly Mint
Newest Mint: LimeWire Turns Again Time
Keep in mind LimeWire? Sure, the previous P2P file-sharing platform is outwardly releasing a brand new token, LMWR, and can be engaged on plans to launch an NFT market later this yr. Whereas the blockchain of selection is but to be disclosed, core workforce members have acknowledged that they are going to be partnering with “a number one blockchain.” ‘Proper click on save’ is taking a complete new twist on this one.
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OneOf has discovered it is newest accomplice in music with Biggie Smalls' property. The OneOf platform operates on Tezos (XTZ). | Supply: XTZ-USD on TradingView.com
At this time is the twenty fifth anniversary of the passing of hip-hop legend Infamous B.I.G., and Biggie’s property has shared a brand new NFT to rejoice the lifetime of one in every of music’s most recognizable artists. Rising NFT platform OneOf to announce the property’s first-ever NFT. OneOf cofounder and COO Josh James acknowledged on the discharge:
“Utilizing NFT know-how, Biggie’s legacy and his outsized affect on music and tradition will likely be perpetually cemented on blockchain, to be honored and shared with followers all over the world and for generations to return.”
The ‘Minty Recent’ Take
Is the NFT world falling aside? Regardless of an NFT ‘bear market,’ the probably reply is not any. There’s nothing new beneath the solar – and all the things is cyclical – so whereas it may not be the brightest days with this month’s worth motion to date, we’re nonetheless within the very early days. Don’t be afraid to zoom out.
We’re presently within the “Loss of life” section of the NFT Macro Life Cycle.
Being in crypto since 2016, I’ve survived my fair proportion of bear markets.
Whereas your favourite influencer is manic, depressed or retains shilling you NFT’s, let’s dive in.
Learn how to crush the Loss of life section? 🧵 pic.twitter.com/ux1aQl1mgR
— The NFT Edge🛡️ (@thenftedge) March 8, 2022
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Featured picture from Pexels, Charts from TradingView.com The author of this content material will not be related or affiliated with any of the events talked about on this article. This isn't monetary recommendation.