George29

  "What is an NFT?" is the most frequently Googled NFT inquiry. According to CoinGecko data, it is searched an average of 948,000 times each month worldwide.  The second-most-searched NFT query is "How do you create an NFT?"— Google was used 287,000 times each month on average. Despite its prominence in search, the NFT market significantly declined in Q3. CoinGecko recorded a 77% drop in total trading volume from Q2 to Q3 across the top five NFT marketplaces — OpenSea, Magic Eden, LooksRare, X2Y2, and CryptoPunks. Another NFT marketplace, Rarible, is reworking its own capabilities by launching version 2 and incorporating sustainable token incentives to increase trading volume. Those are some of the essential stories that drew the attention of the Web3 Watch team. Typically, Rarible NFT Marketplace has launched a host of stunning enhancements as it seeks to broaden its reach in the rapidly growing NFT sector. The platform’s new enlarged version, branded “Rarible 2,” ...

The popularity of non-fungible tokens (NFTs) has grown dramatically and is continually growing to meet higher criteria. The NFT market is growing in the new year, with trading volume more than tripling from less than $3 billion in December 2021 to roughly $7 billion in January 2022. According to DappRadar statistics, NFT Mania gained traction when NFT sales volume hit almost $25 billion by 2021. In recent days, there has been an increase in the influx of NFT Marketplaces. Many investors and entrepreneurs are looking for the best investment platform. According to SkyQuest Technology, the Global Non-Fungible Tokens (NFTs) Market was valued at USD 15.70 Billion in 2021 and is predicted to reach USD 122.43 Billion by 2028, growing at a CAGR of 34.10% between 2022 and 2028. The application of NFT in the art sector is expected to boost the market growth. Rarible is one of several digital art galleries and marketplaces where NFT owners can display and sell collections. What distinguishes this...