The Nightly Mint: Daily NFT Recap
09 Marzo 2022 - 7:44PM
NEWSBTC
Welcome back to The Nightly Mint. While NFT volumes and general
sentiment has been running low on steam thus far in March, the
numbers are still comparable to Q4 2021 – which blew last year’s
numbers out of the water. So while critics claim that NFTs are on
their downfall, if we look at the big picture, it’s a small blip
over the past year of growth. Until we see sustained weeks to
months of sliding activity, there’s little conclusions to draw
quite yet. The Nightly Mint Latest Mint: LimeWire Turns Back Time
Remember LimeWire? Yes, the old P2P file-sharing platform is
apparently releasing a new token, LMWR, and is also working on
plans to release an NFT marketplace later this year. While the
blockchain of choice is yet to be disclosed, core team members have
stated that they will be partnering with “a leading blockchain.”
‘Right click save’ is taking a whole new twist on this one. Related
Reading | Dogecoin Continues On A Downtrend Post A Mini Revival
OneOf has found it's latest partner in music with Biggie Smalls'
estate. The OneOf platform operates on Tezos (XTZ). | Source:
XTZ-USD on TradingView.com Notorious N.F.T Today is the 25th
anniversary of the passing of hip-hop legend Notorious B.I.G., and
Biggie’s estate has shared a new NFT to celebrate the life of one
of music’s most recognizable artists. Growing NFT platform OneOf to
announce the estate’s first-ever NFT. OneOf cofounder and COO Josh
James stated on the release: “Using NFT technology, Biggie’s legacy
and his outsized impact on music and culture will be forever
cemented on blockchain, to be honored and shared with fans around
the world and for generations to come.” The ‘Minty Fresh’ Take Is
the NFT world falling apart? Despite an NFT ‘bear market,’ the
likely answer is no. There’s nothing new under the sun – and
everything is cyclical – so while it might not be the brightest
days with this month’s price action thus far, we’re still in the
very early days. Don’t be afraid to zoom out. We are currently in
the "Death" phase of the NFT Macro Life Cycle. Being in crypto
since 2016, I've survived my fair share of bear markets. While your
favorite influencer is manic, depressed or keeps shilling you
NFT's, let's dive in. How to crush the Death phase? 🧵
pic.twitter.com/ux1aQl1mgR — The NFT Edge🛡️ (@thenftedge) March 8,
2022 Related Reading | Solana Poised For Triple Digits, Support Set
At $80 Featured image from Pexels, Charts from TradingView.com The
writer of this content is not associated or affiliated with any of
the parties mentioned in this article. This is not financial
advice.
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