Despite Q1 ending in a grind, the last few days have been abuzz with NFT developments, signaling a strong Q2.
These developments have ranged from new projects from existent players to major e-commerce platforms exploring new ways to enter the space.
This week, there have been some key developments in the non-fungible token (NFT) space. Although it was observed since the peak back in February of this year that NFT transactions and value have been on a decline, it remains a robust market. According to DappRadar, NFTs generated over $1.5 billion in sales in the first quarter of the year. In this period was the record NFT sale, going for $69 million.
The last few days have signaled a return to robust development and sales of NFTs. Leading this is Larva Labs. The team behind Cryptopunk NFTs and huge benefactors of the Q1 NFT craze have a new product. After great success with Cryptopunks, the team has launched Meebits – 3D avatars. The new project has fully been embraced by the communit
