This week, Bitcoin NFTs are having their moment, placing them just behind Ethereum NFTs in terms of sales. Meanwhile, NFT lending platforms and loan services are also gaining momentum. Blur’s Blend is dominating with 82% of the NFT lending market share, while Binance has released its own NFT loan service that allows holders to use their blue-chip NFTs as collateral to secure ETH loans.
Also, Nike’s .SWOOSH platform released its first collection of digital sneakers, which netted over $1 million in sales so far, though the mint process was not a walk in the park for eager buyers that faced numerous delays and technical difficulties.
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