NFTs

The value of ApeCoin — a token that was recently airdropped to Bored Ape owners — has plunged over the past 24 hours, and is down 8% at the time of writing.

While the prospect of putting NFTs on your TV may seem a little stupid at first, it actually makes sense — not least because many of us have a TV at the focal point of our living room.

Over the past 30 days, testimonials about Storybook Brawl have been "overwhelmingly negative" — with just 17% of 725 reviews saying something nice about the title.

CoinMarketCap and Nansen look at some of the most exciting events in the NFT space — from Cool Cats signing a deal with a Hollywood agency, to Madonna entering the metaverse with a Bored Ape.

The crypto collectibles were seized because they are proceeds of criminal offenses, and they belonged to two men suspected of selling private data.

Pudgy Penguins is a collection of 8,888 unique NFTs on the Ethereum blockchain, each featuring a cute and quirky penguin with randomly generated traits.

Buckle up and prepare yourself for some NFT myth-busting!

Also today, a report claims Instagram can become a bigger NFT marketplace than OpenSea — even if just 2% of users get involved.

If just 2% of Instagram's users start owning NFTs, that would create a user base of 44 million — "significantly higher" than OpenSea's 1.4 million.

And that's not all. Records also show that a Mutant Ape belonging to cchan.eth was sold for 25 DAI at the same time — $25 — well below the current floor price of $76,000.

One of the NFTs shows Chris Rock wincing in the immediate aftermath of Will Smith's slap, along with the word "NGMI" — Crypto Twitter slang for "not gonna make it."

Initially, NFTs documenting the first three days of the invasion are going to be sold on March 30. Their price has been set at 0.15 ETH, which is worth about $500 at the time of writing.

Also this week, Diplo is planning to share streaming royalties from his newest single with fans through NFTs — and why crypto transactions are about to get more expensive in India.

The multimillionaire, who has more than 138 million followers, is joining DigitalBits as he takes advantage of a "major opportunity to create new experiences for my fans online."

Ethan Nguyen and Andre Llacuna were on the brink of launching another set of NFTs called Embers — and estimates suggest this would have generated another $1.5 million in proceeds.

The Grammy-winning artist is releasing Don't Forget My Love through the Royal platform, which allows fans to "own their favorite music."

As well as one-of-a-kind non-fungible tokens of the men's squad, LFC is offering a limited-edition collection that will cost fans $75 and offer a range of exclusive perks.

CoinMarketCap and Nansen looks at some of the most exciting events in the NFT space — from GameStop's NFT marketplace with Loopring, to UMG purchasing a Bored Ape for its virtual band.