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Retail is Here for NFTs as Google Searches See New All-Time High

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The number of NFT and Buy NFT Google searches have reached new peaks, suggesting that retail investors are present.

The growth of the non-fungible token sector continues, with the most recent data showing that the number of Google searches has reached a new all-time high.

At the same time, the trading volume on the leading NFT marketplace – OpenSea – saw a massive uptick following several weeks of decline.

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NFT Google Searches Through the Roof

Aside from the massive price records charted by the likes of BTC, ETH, SOL, BNB, etc., and the enhanced institutional and mainstream adoption, 2021 will go down in history as NFTs’ breakout year.

Although non-fungible tokens were not invented this year, they managed to garner the attention of people and companies from all types of industries – from musicians and athletes to investors and even politicians.

The ability to allow famous individuals to strengthen their relationships with fans brought countless new participants to the NFT space, including retail.

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This narrative received further confirmation by Google trends, which is typically a good indicator of retail investors’ behavior.

The number of “NFT” queries on the world’s largest search engine reached its previous peak in March, which was later duplicated in late August and early September. After a brief decline, the searches started to increase again in October and have seen a new record now.

Worldwide NFT Google Searches. Source: Google Trends
Worldwide NFT Google Searches. Source: Google Trends

The situation with “buy NFT” searches is rather similar as they have reached a new peak as well.

Worldwide Buy NFT Google Searches. Source: Google Trends
Worldwide Buy NFT Google Searches. Source: Google Trends

OpenSea’s Trading Volume

OpenSea is among the leading NFT marketplaces that exemplify the growth of the entire sector quite distinctively. Its total trading volume for the whole of 2020 was just 21 million, while the metric skyrocketed to $1 billion by April this year and reached $10 billion earlier in November.

Its daily peak came on August 29th with more than $300 million, according to DuneAnalytics. Since then, though, the trading volume was gradually declining aside from a few sudden and brief spikes.

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Such was the case during the weekend when the trading volume went from below $50 million to north of $100 million. This was mainly because of an increase in sales volumes for Bored Ape Yacht Club NFTs, which went up by nearly 1,000% in a day.

OpenSea Daily Volume (Ethereum). Source: DuneAnalytics
OpenSea Daily Volume (Ethereum). Source: DuneAnalytics

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Duelist King to Conduct Its Second NFT Card Sale on Dec. 15

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Duelist King, a novel play-to-earn ecosystem, shares the details of its second NFT card sale campaign.

Duelist King is a cross-chain NFT-powered card game launched simultaneously on Binance Smart Chain (BSC) and Cardano (ADA). It also supports Fantom, Polygon, and Crypto.com’s Cronos. Now, the team has shared the details of its second NFT sale.

Duelist King will release 20,000 NFT boxes on Dec. 15, 2021

According to the official announcement shared by the Duelist King team, on Dec. 15, 2021, its second NFT cards sale will be open to all cryptocurrency enthusiasts.

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This release will boast 20,000 NFT boxes, or 40% of the number of boxes sold in the first round three months ago. The team will offer new cards in various rounds, and each round will have its own design.

In all, NFTs will be distributed in 25 phases with 20 card designs released in every phase. The Duelist King team reiterates that not all cards from previous rounds will make a return in the latest distributions.

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Every NFT box will include five cards of random rarity levels: the randomness of this distribution will be guaranteed by the purpose-built on-chain mechanism by Duelist King.

Duelist King CMO Nicole Nguyen stresses the importance of this round for building the Duelist King community in 2022:

By adding a new variety to our existing characters as well as our integration of Fantom enabling faster and more secure transactions, we believe this has paved the way for even more community members to get their hands on our new batch of cards as well as appeal to our existing members who are looking forward to power up their decks for the soon-to-be-launched game.

New use cases for native token DKT

To join the club of Duelist King GameFi players, a crypto holder should own at least 22 NFT cards. These cards can be obtained from both distributions on native platforms and secondary sales campaigns on Refinable, OpenSea and, very soon, on Binance’s NFT platform.

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Players can take part in online tournaments and challenges in order to win stablecoins and DKT, a core native utility and governance asset of the platform.

Also, DKT token can be used by Duelist King newbies to participate in the second sales campaign.

As covered by U.Today previously, the Duelist King private sale raised $1 million from a clutch of high-profile VCs.

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Breaking: Convicted Silk Road Founder Announces NFT Auction Dates

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Ross Ulbricht, the convicted mastermind behind now-defunct dark web marketplace Silk Road created quite a stir on crypto Twitter with his NFT auction dates. A Twitter account run by Ulbricht’s supporter announced that the auction for his collection of NFTs will begin in two days. The NFT collection titled “the Ross Ulbricht Genesis Collection” will be available on the Superare NFT marketplace from 2nd December to 8th December.

The auction will see 11 of Ulbricht’s personal and hand-drawn art collections minted into NFTs go under the hammer. The artwork comes from different stages of Ulbricht’s life and the proceeds of the auction will be used to create a fund to support his efforts to get free. The Crypto community encouraged the decision despite many claiming it would dent his fanbase. A popular crypto influencer who goes by the name of Crypto Cobain lauded the effort and called out those with a negative take. He also said that Ulbricht has probably done more for the Bitcoin community “than all of the laser eye cult combined. ”

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Ulbricht is currently serving two consecutive life sentences plus 40 years in prison for his role in creating and operating the infamous Silk Road marketplace. The darknet marketplace was a free market where a buyer and seller connected anonymously to make the trade. The Silk Road started in 2011 and was eventually busted and shut down by authorities in 2013 post-Ulbricht’s arrest. In its two years of online activity, Silk Road saw total transactions of $1.2 billion.

Many people believe Ulbricht’s two life sentences were too harsh of a punishment for a non-violent crime and have been rallying support to get him free for years. His supporters also rallied for him to get pardoned by former President Donald Trump.

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Silk Road Bitcoin (BTC) Connection

Silk Road is also credited for popularising the use of Bitcoin (BTC) on the darknet and that gave the digital currency and early traction and also helped it get into mainstream news.

The notion that Bitcoin is a perfect tool for criminals mainly comes from its early use on Silk Road. However, the Bitcoin community couldn’t be more thankful and has always rallied in support of Ulbricht.

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WonderHero Announces Mystery Box Sale on Binance NFT

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Novel GameFi ecosystem teases Mystery Box sale on Binance to celebrate alpha testnet conclusion

To highlight the latest crucial accomplishments, WonderHero RPG announces a Mystery Box sale on the non-fungible token marketplace by the world’s largest centralized exchange, Binance.

Mystery Box sale by WonderHero launches ahead of beta testing

According to the official announcement shared by the WonderHero team, starting from Nov. 30, 2021, GameFi enthusiasts will be able to purchase one of 40 “Mystery Box” variations.

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In total, 5,000 boxes will be available for purchase. Out of this quantity, 120 Mystery Boxes will have a five-star rating. As such, a participant has a 2.4% chance to obtain top-ranked super-rare boxes.

Every box includes five NFTs: one hero, his/her weapon and three in-game equipment assets. The net price of these assets totals 500 Binance USD (BUSD) while, during the Mystery Box Sale, it will be available for 150 BUSD only.

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To start playing the game, players need one hero and one weapon. Therefore, “Mystery Box” is an optimal starter pack for newbie GameFi enthusiasts.

Staking NFTs for WND rewards

In December, the WonderHero team is going to enter an open beta testing phase and launch an NFT staking module, NFT marketplace and its core gameplay mechanisms.

WonderHero is available on mobile for both Android and iOS devices. Right now, the application allows its users to trade, exchange and earn NFTs.

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WonderHero is among the first GameFi products that allow it to stake its NFTs for periodic WND rewards. In turn, WND tokens can be used for governance and purchasing in-game assets in WonderHero.

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