NFT index grades the trading performance of collectors’ wallets
1 min read
As trading becomes increasingly difficult during the bear market, a nonfungible token (NFT) platform aims to lighten the load on traders and help them get a closer look at the strategies of successful collectors.
In an announcement sent to Cointelegraph, NFT platform Upshot said that it launched Upshot GMI, a tool that scores and classifies wallets based on their NFT trading performance. Taking inspiration from the crypto slang
Meanwhile, as the metaverse continues to get developed, touch and smell seem to be the next big thing integrated into virtual reality (VR). At the Consumer Electronics Show (CES) 2023, various metaverse-focused firms showcased their new products that add new features that tap into the sense of smell and touch to the VR experience.
In other news, as the crypto winter continues, NFT marketplace SuperRare announced a layoff, cutting 30% of its staff. The firm’s CEO John Crain explained that the firm has over-hired in the previous bull run.
