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Collectibles

Crypto collectibles are unique items minted on blockchain as non-fungible tokens for anyone to acquire. They are usually limited, and they sell for substantial amounts mostly due to blockchain’s tech that makes them unique and scarce, and humans understand scarcity.

Collectibles are items of value that can be sought for and acquired by collectors. Collectors can be anyone, from traders looking for short-term gains to crypto magnates that love collecting stuff. The categories include but are not limited to art, music, clips, sport, and games.

Distribution Dynamics and Market ReactionsOnly 45 minutes after initiating the distribution, Leonidas announced the successful dispatch of four clusters and noted that operations were running smoothly. Following on, 24 hours post-launch, the airdrop was only 38.6% complete. Still, it rapidly surpassed $3,369,050 (equivalent to 50 BTC) in secondary market volume,...
Asia Broadband, a team of gold mine operations and creators of gold-backed cryptocurrency $AABB, have launched gold-backed NFT collection Golden Rascals on the Solana blockchain. The collection marks Asia Broadband’s expansion to Solana following the launch of their first gold-backed NFT collection, the Golden Baboons Mining Club, on Ethereum last...
The Play to Airdrop concept still remains popular in web3 gaming. One of the latest to join this trend is Wild Forest, a real-time strategy game that plans to reward users for playing the game, owning Wild Forest NFTs, and engaging with the community and the Wild Forest social...
A new sports tech startup, Volley, aims to revolutionize the way racquet sports players (platform tennis, padel, and pickleball) train with its AI-enabled sports training machine. Unlike traditional tennis ball machines that simply launch balls at varying speeds and heights, Volley’s trainer robot leverages AI and vision software to collect...
Magic Eden, in collaboration with Yuga Labs, recently launched an Ethereum-based royalty-supportive marketplace. Today, through this initiative, the two NFT titans are granting ‘Diamond Rewards’ to Ethereum collectors. Shortly, individuals engaging with Ethereum NFTs can start accruing Diamonds through Magic Eden’s system, which will honor past transactions and trading...
Investors know that most startups fail, but something that may be less understood is how few mobile apps actually make money. According to a new analysis of the subscription app economy from mobile subscription toolkit provider RevenueCat, the top 5% of apps generate 200 times the revenue of the...
TikTok is expanding its Effect Creator Rewards monetization program to more regions and lowering its payout threshold, the company announced today. The program, which launched in May 2023, rewards creators for the effects they make through TikTok’s AR development platform, Effect House. TikTok is also updating the program’s payout model,...
Kevin Rose, co-founder of PROOF and now Yuga-owned NFT collection Moonbirds, has responded to backlash following the sale of $1.2M of his NFT collection in a now-deleted series of posts on X.The controversial figure – who has changed his profile on X to promote his eponymous interview series ‘The...
Lost Worlds, a Pokémon GO-like platform that brings NFT collection into the real world, has introduced a new Creation Portal that allows users to create so-called “geoNFTs” without the need for a dedicated mobile app.This takes the process of creating geoNFTs out of the hands of the Lost Worlds...
Building on the success of its earlier Star Trek collectibles, Funko is excited to announce the upcoming release of its newest collection, ‘Star Trek: The Next Generation’, set to debut tomorrow, on March 12.Available via WAX’s Droppp marketplace, science fiction fans and NFT lovers alike can soon acquire...