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NFT Update: NFT-backed loans from Binance; Magic Eden launches promo trading fee; plus Worldcoin raises $115m

1 min read  ·  25 May 2023

Ania Catherine and Dejha Ti, the Berlin-based art duo known as 'Operator'.


  1. Binance has announced it is launching an NFT-backed loan product.
  2. Renowned photographer Chen Man has released her first NFT collection through the LiveArt platform.
  3. Crypto-friendly browser Brave has launched a new NFT-gated feature for Video Calls.
  4. Art Blocks Curated project ‘Human Unreadable’ by Operator sold out yesterday and has risen to a floor price of over 2.8 ETH.
  5. Solana-based NFT marketplace Magic Eden has launched a promo “0.25% maker fee” which effectively pays traders to buy and sell NFTs on its platform for a limited time.
  6. The developer of crypto project Worldcoin, co-founded by OpenAI CEO Sam Altman, has raised $115m in a Series C funding round led by Blockchain Capital.


  1. The Top 3 NFT Sales over the past 24 hours were DeGod #9560 for 88 ETH ($160k), CryptoPunk #1101 for 60 ETH ($107k), and Bored Ape Yacht Club #2002 for 59 ETH ($106k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were Milady Maker with $4.4m (+10%), Mutant Ape Yacht Club with $2.4m (+31%), and Pudgy Penguins with $2.1m (+12%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $16.3m (-12%), OpenSea with $6.4m (+51%), and Immutable X Marketplace with $923k (-1%).
  4. The Total Crypto Market Capitalisation is $1.15t, a 0% change over the past 24 hours.