John Cena calls his own NFT sales a 'catastrophic failure'
World Wrestling Entertainment offered 500 gold tier packages with Cena's NFT for $1,000, but only a fraction of them sold. Professional wrestler and actor John Cena said fans only purchased 7.4% of his World Wrestling Entertainment, or WWE, nonfungible tokens (NFTs) that he made available last month.Speaking at Florida Supercon 2021 on Sept. 12, Cena said it was a mistake to market his WWE NFTs as part of a package with physical collectibles — a hat, shirt, wristbands, belt, towel, autographed picture, and the digital collectible. The organization offered 500 gold tier packages with the....
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SuperRare is airdropping new governance tokens to platform users, Bacardi is tokenizing its new rum line and the WWE is launching John Cena NFTs. World Wrestling Entertainment (WWE) announced on Aug. 16 that it will be dropping nonfungible tokens (NFTs) depicting WWE Hall of Famer John Cena. Last week the beloved wrestling organization dropped its first NFT collection featuring The Undertaker, with the highest-selling NFT going for $100,000 through auction. The latest NFT release will see the first tier consisting of a one-of-one “John Cena Platinum NFT” that will be opened up for a....
John Crudele has written a piece on the NY Post calling Bitcoin a "Confidence Game" while being insulting towards Bitcoin enthusiasts. His apparent lack of knowledge in the Bitcoin market has BitcoinTalk members calling him out on that. For those of you who do not know what a confidence game is, Dictionary.com defines a "Confidence Game" as "any swindle in which the swindler, after gaining the confidence of the victim, robs the victim by cheating at a gambling game, appropriating funds entrusted for investment, or the like." John Crudele of the NY Post Calls Bitcoin a "Confidence Game". In....
The disgraced founders of Three Arrows Capital spoke comprehensively about the catastrophic failure of their once-flying hedge fund after five weeks of hiding out. They said that they had received threats to their lives, which is why they remained under the radar. Bloomberg reported on Friday that Su Zhu and Kyle Davies, both 35 years […]
Until now, Colombians have had to rely on foreign services and exchanges in order to buy and sell Bitcoins. The problematic nature of this was illustrated best by the failure of Tokyo-based exchange Mt. Gox many moons ago. Regardless of whether you trust a foreign exchange are not, in the event that you lose your money, your options for recuperation are limited. Enter CriptoBanco, a trading platform launched by Merkabahnk with the help of Mimetic Markets. It has a wallet hosted by the world leader in cryptocurrency security, BitGo, who, as we recently reported, now offers the additional....
After non-fungible token (NFT) sales soared during the month of August, the first week of September’s NFT sales has been awful. Statistics show the number of sales in mid-August tapped a high of 193,693 sales but plummeted 86% to 27,053 sales on September 10. Metrics from the most used marketplaces show that volume has slid considerably following the same fallout cryptocurrency market have felt during the last four days.
NFT Sales and Trade Volumes Plummet
So far, September has not been the best month for NFTs and sales in this space. Last month, non-fungible token (NFT)....