Premier League ditches ConsenSys, picks Sorare for NFT launch
The Premier League planned to launch the scheme with New York-based ConsenSys but now looks likely to ink a £30M per-year deal with Sorare.
The Premier League planned to launch the scheme with New York-based ConsenSys but now looks likely to ink a £30M per-year deal with Sorare.
Despite previously fetching hundreds of millions of dollars, many NFT collections are now finding it difficult to attract any serious bids.
Three days ago Starry Night Capital began to transfer millions of dollars of NFTs, including Pepes, CryptoKitties, and Beeples.
Crypto millionaire Martin Mobarak burned a potentially fake Frida Kahlo drawing for an NFT project. Mexican authorities are investigating.
Transaction volumes within the top 18 collections of virtual land NFTs are down 98% from their highs and floor prices have cratered.