Immutable wrote that they would rather support marketplaces within the ecosystem than compete.
Read moreArtists sue SEC over confusing security status of NFTs
Attorneys representing the artists drew parallels to Taylor Swift concert tickets, which are often sold on the secondary market.
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Weekly NFT Sales Rise to $108.59 Million, Up 7.59%
Over the past week, non-fungible token (NFT) sales experienced a 7.59% rise, with $108.59 million in transactions finalized during the last seven days. Ethereum topped
Read moreNFTs poised for comeback despite sales drop say execs
Despite a 45% drop in NFT sales during Q2 2024, Web3 professionals remain optimistic about the future of non-fungible tokens.
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NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue
Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million,
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NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn
Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately $109 million in NFT sales
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