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Some pundits have argued the trader mistakenly put up a bid for 100 ETH which was quickly snapped up, while others believe the sale was a wash trade. A nonfungible token (NFT) trader has seemingly fat-fingered a trade for a free NFT, buying it for 100 Ether (ETH), currently valued at $191,239, representing a 250,000% increase on the floor price of 0.04 ETH. The token was part of NFT marketplace OpenSea’s Gemesis NFT collection — free NFTs intended to commemorate the launch of OpenSea Pro on April 4. OpenSea Pro is a Marketplace aggregator tailored to professional users by providing them with what OpenSea calls “a vastly improved” suite of Features such as live cross- Marketplace data and advanced orders. A record of the transaction on an Ethereum blockchain explorer. Source: Etherscan While some have argued the sale was wash trading, Twitter user “0xSun” believed the sale — which occurred on the NFT marketplace Blur — happened because the trader wanted to bid $100 as an amount, but a...

A community member believes that the move will enhance user experience in the space, while another thinks that OpenSea “failed to rock the boat.” In another attempt to win back its users from its budding nonfungible token (NFT) marketplace competitor Blur, OpenSea rebranded Gem v2 into OpenSea Pro, triggering mixed responses from the community.  On April 4, OpenSea launched its advanced NFT marketplace aggregator, OpenSea Pro. The platform introduced new features and tools and allowed users to list in OpenSea through the new platform with 0% fees for a limited time. Many were excited about the new platform and expressed their sentiments on Twitter. A community member congratulated the NFT Marketplace and said it would enhance users’ experience within the NFT space. Another user said they’ve always liked Gem as an NFT aggregation platform. The community member added that they like it more now because OpenSea is giving it the proper priority. Related: Blur runs after OpenSea market sh...

The conference known as “Proof of Conference” was slated to run in May has been canceled due to “less interest than anticipated,” according to co-founder Kevin Rose. ‘Less interest than anticipated’ — PROOF cancels NFT event Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds has confirmed that their flagship conference “Proof of Conference” scheduled for May has been canceled, citing “less interest than anticipated.” We made a tough decision today, I want to apologize to everyone that planned on making the trip out. Full ETH refunds have been processed, hotels are refundable, and contact us about flights. (details below) https://t.co/tV4ba85648 — KΞVIN R◎SE (,) (@kevinrose) February 20, 2023 The Conference was first announced in early November. It was scheduled to run on May. 11 to May. 13 in Los Angeles. However, Rose explained in a Feb. 20 letter to ticket holders that it wasn’t “the right time” for the conference: “As you know, in the world of NF...

NFT marketplace tokens are gaining the market’s attention and Blur’s recent airdrop could extend the trend. Cumulative NFT trading volume trended higher in January and data from a recent Delphi Digital report showed monthly volumes reaching an eight-month high above $1 billion. The key factor that influenced NFT trading was Blur token airdrop on Feb. 14. Since its launch last year in Q3 2022, Blur has rewarded users with “care packages,” which can be redeemed for tokens starting Feb. 14 at 12 p.m. EST. Many users have tried to farm these airdrops, increasing the platform's trading volume. Since the start of 2023, Blur’s trading volume has surpassed that of OpenSea, the market leader in the NFT trading space. NFT Marketplace market share by 7-day volume. Source: Dune Airdrops often create excitement in the market of thrilled users who receive free money and FOMO from those who missed out. It’s likely that the next step for the Blur team will be to launch new liquidity mining campai...