NFTs
Japanese watch brand Casio launches exclusive NFT collection for 50th anniversary
![Japanese Watch Brand Casio Launches Exclusive NFT Collection for 50th Anniversary](https://tokentalk.top/wp-content/uploads/2024/05/Japanese-watch-brand-Casio-launches-exclusive-NFT-collection-for-50th.jpg)
Casio, a major electronics company from Japan, has just launched a new NFT collection to celebrate 50 years. They worked with different artists to create these incredible digital works of art. Casio is famous for making cheap, high-end watches, and now it’s showing off its 50 years of cool stuff with these new NFTs.
On May 1st, Casio officially declared the launch of its NFT collection, commemorating this momentous occasion. In partnership with Astar zkEVM, a solution aimed at scaling Ethereum Layer-2, Casio embarks on its maiden journey into the NFT scene with this innovative initiative.
Casio: Leading the global electronics landscape
Casio is a big name in electronics around the world. They started in Japan in 1974 and are based in Tokyo. Casio makes a lot of things like calculators, phones, cameras, musical instruments and watches. Initially, Casio was famous for cheap digital watches, but now they also have high-end watches called “Casio Oceanus”. These watches are very high quality with interesting features and designs, showing how much Casio cares about making great things.
In August 2023, Casio hinted at its entry into the world of crypto and NFTs by filing a trademark application. With plans to explore virtual wearables, NFT-backed content and virtual storefronts, Casio is leveraging its industry expertise.
In partnership with industry leaders like Polygon Labs and Doodles, Casio has been actively involved in the growing NFT scene. Their collaboration with Doodles has resulted in an exciting NFT-inspired watch collection, highlighting the brand’s embrace of Web3 technologies and digital art.
Astar Network Partnership for NFT Innovation
In its latest move, Casio has partnered with Astar Network, a platform dedicated to driving innovation in the Web3 ecosystem. Together, they aim to introduce a new range of NFTs that combine art, technology and collectibles seamlessly.
Set for May 10, 2024, the highly anticipated NFT collection will be revealed via the Casio YoPort capsule machine. With options to purchase individual NFTs or sets of eight, enthusiasts can join in the excitement. Additionally, buyers have the chance to win exclusive prizes including original G-SHOCK watches and Astar tokens worth 10,000 yen.
All financial/investment opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, do your own research before making any type of investment.
NFTs
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NFTs
AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News
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NFTs
Solana Monkey Business Leads NFT Sales with $875,91K
![Solana Monkey Business Leads NFT Sales with $875,91K](https://tokentalk.top/wp-content/uploads/2024/07/1722041110_Solana-Monkey-Business-Leads-NFT-Sales-with-87591K.png)
Image: AI-generated via Midjourney
Solana Monkey Business topped CryptoSlam’s non-fungible token (NFT) sales charts on July 22 with $875,914 in total sales.
The collection had 122 unique buyers, equaling the number of sellers, and an average price of $5,308 per NFT.
This increase in daily sales boosted the SMB’s all-time sales volume to a new record of $212.48 million.
The Solana-based ape-themed collection entered the list of the top 30 NFT sellers of all time over the weekend, knocking SATS BRC-20 NFTs off the rankings.
The second best performing collection of the day was gETH Locked Deposit.
This NFT, which represents gETH locked on the Ethereum layer-2 network Arbitrum, saw a daily sales volume of $583,047 from just one transfer.
The asset was brother-in-law just moments before the transfer is made.
In third place, DMarket’s NFTs and in-game virtual items on the Mythos Network saw a total of $565,002 in sales.
The collection attracted 3,254 unique buyers and 2,848 sellers, with an average price of $24.66 per item. Active DMarket owners stood at 5,111, contributing to a total owner count of 397,931.
Outside of the top three, Ethereum’s DogeZuki Collection came in fourth place with $436,787. Bored Ape Yacht Club, another Ethereum collection, had total sales of $341,576 for fifth place.
While a Solana collection led the day’s results, the network’s total NFT sales for the day were slightly outpaced by Ethereum.
Ethereum led all blockchains in sales on Monday with $4.2 million, with Solana close behind at $4.1 million.
NFTs
ArcadeXYZ Secures $450,000 in Ringers NFTs
![ArcadeXYZ Secures $450,000 in Ringers NFTs](https://tokentalk.top/wp-content/uploads/2024/07/ArcadeXYZ-Secures-450000-in-Ringers-NFTs.png)
NFT lending remains strong despite the overall downward trend in prices.
Arcade.XYZ, a non-fungible token (NFT)-based lending protocol, secured $450,000 worth of NFTs from Dmitri Cherniak’s Ringers collection on July 24.
The loan is structured with a principal of $16,000 per NFT, and the current highest bid on the Ringers collection on Opensea is 8 wETH, equivalent to approximately $26,000.
The big loan comes at a time when darlings of the generative art scene like Ringers and Fidenzas continue to see their floor prices drop. Bells It is Fidenzas both have surpassed the 2021 minimum price of 100 ETH and are now at just 17 ETH and 32 ETH.
Collateralized Ringers – Arcade.xyz
Despite the slowdown in sentiment and prices around NFTs, the lending market continues to process consistent volume.
Some of the largest platforms, Blend, Gondi, NFTfi, and Arcade process over $80 million in outstanding debt combined. The NFT lending market broke volume records in Q1 2024, surpassing $2 billion in total volume.
Q1’s extraordinary lending volumes can be attributed to Blend’s Blast airdrop incentive and the rise of Ordinals loan in the Arcade.
The largest NFT loan belongs to CryptoPunk 8219 by NFT collector Gmoney, which was guaranteed for $1 million in Gondi XYZ, and holds a current principal of $700,000. A far cry from the claims made in the mainstream media that “Your NFTs are actually, finally, totally worthless.”
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