By Gary Symons TLL Editor in Chief Just months ago NFTs were all the rage for artists, investors and many licensing firms, but this week trading in NFTs has dropped a shocking 99% on Open Sea. The world's largest trading platform for NFTs, Open Sea has seen trading plummet from $2.7 billion in transactions on May 1, to a dismal $9.34 million on Aug. 28. The figures from Fortune … [Read more...] about NFT Trading Plunges by 99% on Open Sea
NFT crash
NFT Backlash Continues As Mojang Bans the Tech from Minecraft
By Gary Symons TLL Editor in Chief Minecraft, one of the world's most popular games and metaverse platforms, has banned the use of non-fungible tokens (NFTs). The move is part of a much wider backlash against NFTs in the gaming community, but the ban from Minecraft is particularly damaging given the platform's importance in the development of the metaverse. The policy was … [Read more...] about NFT Backlash Continues As Mojang Bans the Tech from Minecraft