Prices of bonk-inu themed Bonkz NFTs, created by OMNIcreative_ , surged 10 times since their initial mint on Tuesday, attracting over $900,000 in trading volume after all 15,000 collectibles were sold. By shauryamalwa.
Each NFT sells for over $280 worth of solana at writing time. All BONK used to purchase these NFTs were burnt – a term referring to when tokens are permanently taken out of supply – meaningBonkz prices surged over 10 times since their initial issuance on Tuesday. Magic Eden said it had utilized its Open Creator Protocol for the mint, which enforces royalties on all collections that adopt the protocol and allows creators to ban marketplaces that have not enforced royalties on their collection.
“We utilized OCP for this mint, so any transfers between wallets should be done on Magic Eden in"My Items" versus directly in wallet,” a note on Bonkz listing on Magic Eden said. This effectively means Bonkz will not be listed on marketplaces that don’t kick back royalties to the creators. That move attracted brickbats from the Bonk Inu community, including its developers. “BONK is meant to be open source for everyone to build upon. We are disappointed to see an exchange limit trading using OCP,” developers said in aBonkz’s creators alsoMeanwhile, BONK tokens prices remained unchanged over the past 24 hours and are nearly 70% down from lifetime peaks.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bonk Inu to Mint NFTs on Solana-Based Marketplace Magic Eden. But There's a CatchSolana-based token Bonk_Inu (BONK) will offer over 15,000 NFT collectibles on solana-based marketplace MagicEden on Tuesday. By shauryamalwa.
Read more »
Solana, Cardano Tokens See Price Bump Amid Strong Transactional ActivityActivity on decentralized applications (dApps) built on Cardano and Solana grew over the weekend and the tokens of the protocols outperformed the broader crypto market. By shauryamalwa
Read more »
Solana (SOL) on Move, Up 21% as It Looks to Reenter Top 10Solana eyes top 10 comeback as price jumps 21% SOL $SOL SolanaCommunity Crypto2023 Cryptocurrency
Read more »
Solana soars 22%, and court docs reveal DOJ seized FTX-linked Robinhood shares: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, George Kaloudis, a research analyst for CoinDesk, discusses the findings of a report highlighting crypto's progress last year and how the FTX collapse impacted markets.
Read more »
Solana Foundation Run RPCs Go Offline, Exec Weighs InThe bug only impacted the nodes run by the foundation.
Read more »
Solana (SOL) and What May Help Altcoin Maintain Bullish PerformanceIn addition to BONK, learn what may help Solana rise in 2023
Read more »