Sales in the crypto world saw a dip at the beginning of the year, some thinking it was a sign of slowing times to come. However, in just the last week, sales have surpassed $1B, perhaps things are on the up and up.
It looks like what investors are looking out for is the project that could have Bored Ape potential. Projects with tight-knit communities and strong convictions.
According to CoinTelegraph, “Outside of token emission, collectors are now drawn to projects that are adding value to their communities by giving them free illiquid assets that quickly turn liquid... Pairing liquidity and collectors could make for a very fruitful Q2 for NFTs and the Web3 ecosystem.”
In a move that is being hailed as a game changer for the entertainment industry, Warner Bros. Home Entertainment has announced the launch of the WB Movieverse with The Lord of the Rings: The Fellowship of the Ring (Extended Version) Web3 Movie Experience NFT. This groundbreaking new release will allow fans to engage with the film in ways never before possible!
Reddit has onboarded millions of new users to NFTs during a bear market. Read on to learn more.