NFT sales aim for a $17.7B record in 2021
NFT sales have grown from just $41 million in 2018 to an astonishing $2.5 billion in the first half of 2021, representing a 60-fold growth in three and a half years. Total NFT sales are expected to achieve at least $17.7 billion by the end of the year.
Origin November Update
1. Introducing NFT Platform Origin Story.
2. Launching Origin Dollar ($OUSD) liquidity mining campaign at Curve Finance.
3. Integrating OUSD Pool with Convex Finance.
Avalanche ecosystem accelerator raises $18.5M in seed funding
Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments. The investment round was led by the Avalanche Foundation with additional participation from Shima Capital, HashKey, GBV Capital and Bixin Ventures.
Colony will use the funds to finance early-stage projects building on the Avalanche network and to provide liquidity for decentralized finance, or DeFi, protocols.
Borderless Capital launches half billion dollar fund for Algorand projects
Nov.30, Capital venture firm Borderless Capital announced the launch of its $500M Borderless ALGO Fund II. The fund will aim to back digital assets powering the “next generation” of decentralized applications (DApps) on Algorand.
Terra (LUNA) set new All-Time High
LUNA, the native token of the Terra blockchain, hit a record high at $59.63 on Dec.1, as demand for the network’s UST stablecoin surges and users chase multiple incentive programs.
This is the second time in November that LUNA has logged a new all-time high. LUNA is currently trading at $57.63, up 11% in the past 24 hours.
Amasa partners with Enjin for Metaverse Micro Incomes
Enjin announced a new partnership with Amasa to bolster the Enjin ecosystem. Amasa will help raise awareness and adoption of play-to-earn and NFT-based income streams, followed by technical integrations with Enjin to help make these income streams even more valuable to users.
Ethereum approaches a new ATH
On Dec.1, Ethereum (ETH) price briefly touched $4,760. With the ATH milestone at $4,870 achieved 20 days ago, ETH is expected to continue to grow stronger in the near future.
Grayscale launches new trust dedicated to Solana
Digital asset investment giant Grayscale is launching a new product offering exposure to one of the hottest digital assets today, Solana. The Solana Trust will be the 16th offering in Grayscale’s expanding product line that caters to institutional and high-net worth investors.
SHIBA INU trading volume spikes to $8 Billion, following 30% rally
In just 24 hours, SHIB has achieved a growth of more than 30% and surpassed AVAX to become the 11th-largest cryptocurrency by market capitalization. SHIB is currently trading at $0.00005297 with a trading volume of $8 billion.