NFTs turn digital art, collectibles, and virtual assets into blockchain-backed ownership. Some focus on gaming, like Axie Infinity, while others power digital art marketplaces, such as OpenSea. Understanding royalties, smart contracts, and marketplace fees is key to buying, selling, or creating NFTs. Here, we break down NFTs with expert insights, practical tips, and deep analysis of their value and use cases.
In 2024, Magic Eden burst into the NFT scene with top-class performance and high volumes. For instance, in April, Magic Eden overtook Blur in various metrics, making it the top marketplace for the month. With volumes exceeding $486 million and sales count hitting about 590K, Magic Eden beat BLUR, whose volumes stood at just about ...
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