Bybit Launches NFT Ticket Marketplace for Robbie Williams’ Virtual Concert and Highlights Other Major NFT News

The NFT market is off to a strong start this month, with positive trends dominating the headlines. Sales volume has surged by nearly 11%, reaching $34,925,836.

Both buyers and sellers have increased by 1%, and transactions have seen a notable 14% uptick. In terms of specific collections, the top spot, often held by Froganas and CryptoPunks, has been overtaken. The recently launched Tenjin quickly claimed the first position with a substantial volume of $1.8 million in just a few hours. CryptoPunks follow closely with an impressive 937% increase, totaling $1.68 million.

However, two collections, Uncategorized Ordinals and Froganas, are experiencing declines today, with -31% and -52%, respectively.

In today’s NFT news highlights:

  1. Bybit has become the Official NFT Marketplace Partner for Robbie Williams’ 25th Anniversary Virtual Concert. Collaborating with Hape2.0-LightCycle, the official partner of the concert, Bybit Web3 will serve as the exclusive NFT marketplace for ticket and collectible sales. The partnership introduces three Web3 innovations, combining memorabilia, concert tickets, and metaverse passports, aiming to redefine the connection between entertainment and blockchain.
  2. Ronin, the Ethereum-based network, has witnessed a remarkable 300% increase in sales volume in a single day, making it the top performer among the top 10 blockchains by NFT sales volume. Sky Mavis, the company behind the popular NFT game Axie Infinity, developed the Ronin blockchain. The network recently announced a substantial update to its official wallet and launched the seventh in-game competitive season in Axie Infinity Origins – ‘Epic Era,’ Season 7.

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