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Former web3 gaming founders raise $2.5M for their NFT marketplace to retain users even when there ‘isn’t money to be made’
Even though NFT sales volume is still down 88% from 2022 all time-highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT
So, even in instances where the “number doesn’t always go up,” the marketplace wants to make users feel like they’re progressing and doing meaningful, fun things with their NFT collections. But when it comes to the largest blockchains in the NFT space, Ethereum, Bitcoin and Solana lead the pack with over $1.3 billion in sales volume during the last 30 days, according to CryptoSlam data. Over the past few weeks, Wang says there’s been a growing interest in art NFTs, collectables that aren’t throwbacks to the whole Bored Apes PFP phenom, although PFPs still have their fans as well.
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