NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter

In this weeks newsletter, we dive into the vibrant world of nonfungible tokens (NFTs) and their effect on the digital landscape, as NFT sales have skyrocketed to an outstanding $129 million in November, according to information from Nansen. Those affected by the mass layoff would receive four-month severance bundles, accelerated equity vesting, and six months of continued healthcare and psychological healthcare.Continue readingElon Musk ends however knocks nfts up arguing the case for Bitcoin OrdinalsTesla CEO Elon Musk has actually inadvertently highlighted the case for Bitcoin Ordinals, likewise understood as Bitcoin NFTs, throughout his recent look on the Joe Rogan Experience podcast. Bitcoin Ordinals are similar to NFTs however are saved on Bitcoins blockchain.Continue readingOpenSea financier marks down stake in platform by 90%: ReportCoatue Management, a tech financial investment company based in the United States, has actually marked down the value of its stake in the NFT platform OpenSea by 90%.

In this weeks newsletter, we dive into the vibrant world of nonfungible tokens (NFTs) and their impact on the digital landscape, as NFT sales have escalated to an impressive $129 million in November, according to information from Nansen. Those affected by the mass layoff would receive four-month severance packages, sped up equity vesting, and six months of continued healthcare and psychological healthcare.Continue readingElon Musk ends however knocks nfts up arguing the case for Bitcoin OrdinalsTesla CEO Elon Musk has actually inadvertently highlighted the case for Bitcoin Ordinals, likewise known as Bitcoin NFTs, throughout his recent look on the Joe Rogan Experience podcast. Bitcoin Ordinals are similar to NFTs but are stored on Bitcoins blockchain.Continue readingOpenSea investor marks down stake in platform by 90%: ReportCoatue Management, a tech financial investment company based in the United States, has marked down the value of its stake in the NFT platform OpenSea by 90%.