Marketplace NFT Rarible has temporarily canceled orders for OpenSea and today sent out a series of tweets describing how it plans to help tackle what it has called “risky sell orders” on OpenSea with a new order management tool.
The tool is designed to help users differentiate their active and inactive orders to prevent their NFTs from being sold in error, even if they cancel an OpenSea order by transferring the asset to another wallet.
Part of Rarible’s business model is to aggregate OpenSea orders on its platform.
âWhen you move your item, the order can no longer be fulfilled. But when the item returns to your wallet, the order is active on the channel again. The safe way to delete an ad is to chain it.
The Rarible tool displays the commands either active Where Inactive to alleviate confusion about which assets are actually for sale. Rarible said in a Tweeter, “Active orders are pending at the moment and require most of your attention”, while “Inactive orders are orders that will become active in case the NFT returns to your wallet”.
Rarible is currently the ninth NFT marketplace according to DappRadar.
Buy a LAND near The Sandbox’s new mega-city
The Sandbox (SAND), a metaverse platform and decentralized virtual gaming world has announcement it will create a megalopolis with an emphasis on contemporary cultural icons and the expansion of Hong Kong culture in the metaverse
A slew of new and well-known LAND owner partners in Hong Kong have signed up including tycoon Adrian Cheng, investment leader Sun Hung Kai & Co, professional services firm PwC Hong Kong, investment firm and blockchain asset management manager TIMES CAPITAL, director, producer and actor Stephen Fung, actress Shu Qi, musician Dough-Boy, IP game Little Fighter and local illustrator Dreamergo.
The sandbox has a LAND sale scheduled for January 13 to allow users to purchase LAND outside of Mega City hubs.
The CEO of The Sandbox’s main funder, Animoca Brands, Yat Siu, said:
“The sandbox and virtual lands really caught the imagination and attention of people in this region.”
Real world and virtual world house auctioned
A collaboration between ONE Sotheby’s International Realty and Voxel Architects will see a real house sold in tandem with a virtual copy in The Sandbox.
The real home in Miami, USA will be an 11,000 square foot house with seven bedrooms and nine bathrooms on one acre of land. The homes are still under construction and are expected to be included in a Sothetby’s auction in 2022. The price range has not yet been determined.
CoolWallet Pro supports NFTs
CoolbitX, maker of the CoolWallet Pro crypto wallet, announced at CES 2022 that its crypto wallet has added NFT support.
Integrated NFT support will be usable with the OpenSea and Rarible NFT marketplaces. The brand hopes to attract new users to the crypto space and introduce them to the metaverse and Play to Earn. CoolBitX Founder and CEO Michael Ou said:
âSupport for NFT on CoolWallet will help seamlessly blend the physical and virtual worlds of our users, allowing them to manage and protect both their crypto assets and digital collectibles with confidence. “
NFT sales exceed $ 530 million in 7 days
Data Not fungible shows that the NFT market continues the wild growth that started in 2021 with the first week of 2022 totaling $ 530 million in sales and the highest average price per asset ever at $ 5,215. Last year, more than $ 23 billion worth of NFT was sold according to a DappRadar report.
More good news
Digital asset custodian Metaversal closed a $ 50 million funding round to help expand its NFT portfolio and investment capabilities in the Metaverse and NFT spaces. The roundtable was led by Coinfund and Foxhaven.
Golf startup LinksDAO has raised $ 10.5 million to fund its desire to buy golf courses and develop LINKS cryptocurrency. The funds were raised through an NFT sale of over 9,000 âleisure subscriptionsâ and âglobal subscriptionsâ.