It’s an NFT marketplace that was launched in October 2022. Last week Blur.io did six times more trading volume than OpenSea in one day. OpenSea - the biggest NFTs marketplace- is losing popularity.
Looks like we will observe a marketplace war soon. OpenSea even earlier made three changes to its platform:
OpenSea fee will be 0% for a limited time
Moving to optional creator earnings (0.5% min) for all collections without on-chain enforcement (old & new)
Marketplaces with the same policies will not be blocked by the operator filter
How does Blur react?
Blur users are encouraged to block their collection on OpenSea, by enforcing royalties on collections that block Opensea trading.
Probably it’s just the beginning and we will see where all this competition will lead us. We need to remember that in bear markets NFTs were really poor. Tough times create strong collections and strong products in this case. I think that the winning marketplace will earn big in the next bull run.
"Świat Web3" is a newsletter with substantive analysis of blockchain technology, NFTs, metaverse, and DeFi.
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🦾 EARN WITH GOLEM
Have you ever thought your high-end computer could develop its full potential without you using it and still make money?
Golem is a decentralized, open-source cryptocurrency platform that utilizes blockchain technology to enable sharing and buying computing power across its network. Its main objective is to create a decentralized, global marketplace for computing power, where users can rent out their idle computing resources in exchange for Golem tokens, or GNT.
Golem's network is powered by a peer-to-peer system, which allows users to connect with each other directly without the need for intermediaries. This makes it possible for anyone to contribute computing resources to the network and get paid for it and for users to request computing power and pay for it with GNT.
The airdrop from popular NFT marketplace Blur went live last week. Creators and traders can claim their season one reward here. The zero-fee marketplace also published a blog post on Wednesday detailing how creators can earn total royalties on its platform by blocking sales on OpenSea.
VeVe is home to premium digital collectibles, comics, and artworks. The collection of Lamborghini collectibles was published on February 19th and consists of the Huracan STO model with various rarity traits. The co-founder of VeVe, Dan Crothers, hopes that onboarding Lamborghini to their platform will bring sports car fanatics to Web3.
BAYC #1626, worth around $169K, was burned by its owner - Jason Williams - and was moved from the Ethereum network to Bitcoin. All thanks to Bitcoin Ordinals. Wow, I didn't expect that.
Paris Hilton launched a romantic new experience called Parisland. The adventure occurs on a tropical island where players complete quests, make choices, and select partners to find true love.
Now you can earn Bitcoin while playing Nintendo Retro Games! Christian Moss made a way to reach satoshis while you play old Nintendo games. Right now, the software runs Super Mario Bros. 3 and keeps a counter for how many satoshis you’ve earned (satoshis are the smallest increment of Bitcoin).
The Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Kwon, with fraud. The enforcement action alleges that investors were misled about the stability of Terra USD (UST) and that Kwon and Terraform marketed assets as profit-bearing securities. Additionally, the SEC also mentions significant losses incurred by retail investors, some of which borrowed against the value of hundreds of thousands of dollars.
🦍 APE (WEB3 DICTIONARY)
The Bored Ape Yacht Club project has become a cultural phenomenon in the Web3 space. The BAYC NFTs are worth millions of dollars. "Ape" has become a popular term in the Web3 area. Mainly in NFTs (non-fungible tokens) and PFP (profile picture) projects.
Of course the BAYC collection made the Ape term even more popular.
How did it start?
Of course, the Bored Ape Yacht Club project made "Ape" a popular term in the Web3 space. BAYC features 10,000 hand-drawn apes. It has become a cultural phenomenon in the NFT space. Some individual apes sell for millions of dollars.
But where did the term "Ape" come from?
It references anthropological studies of primates and humans that show their genetic predisposition to follow the crowd, particularly when in an excited, emotional state. The actions observed when FOMO and herd mentality kick in, the brain disengages from logical reasoning, and people recklessly throw money at Ponzi schemes simply because everybody else is doing it.
In Web3, "Apeing in" means buying into an NFT or social token project without proper research, hoping for high profits. This is often seen as "low-IQ" due to the lack of diligence, but note that the term is self-assigned and not consistently negative.
Are you APEING IN?
😎 BUILDING WEB3 CRM IN A BEAR MARKET (BFC CORNER)
As you probably remember, the founder of the Bored Founders Club - Bogusz Pękalski -started a podcast around the web3 topic. It’s called the Bored Founders Show, and there are already four episodes published. In the last one, you can meet Sam Sklar, founder of Barracuda - a CRM product for the web3 space. I listened to it today, and it’s great if you’re interested in starting a new product and love the web3 world.
😎 That’s all today's news.
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