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OpenSea’s partnership with Coachella is a sign that NFTs can be more than profile pictures
The NFT sector has not yet returned to the glory of its 2022 heydays but that hasn’t stopped the evolution of the tech. For instance, OpenSea has
For instance, OpenSea has partnered with the music and arts festival conglomerate Coachella to release three NFT collections that offer both virtual and tangible real-life VIP experiences and merchandise. NFT-based music and ticketed collections are one of the “best ways” for the crypto subsector to gain mainstream adoption, Devin Finzer, CEO and co-founder of OpenSea, said. In the past month, OpenSea ranked as the fourth largest by volume with 10% of the market share, or $222.65 million, behind Blur, Magic Eden and OKX, in that order, Tiexo data showed.
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