Newsletter Subject

The bullish sentiment returns as NFT volumes explode

From

bitcoin.com

Email Address

exchange@bitcoin.com

Sent On

Sun, Sep 5, 2021 01:00 PM

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Dear Trader, August has been the best month for NFTs in history, with the volume on opensea, the mos

[Bitcoin.com Exchange]( Dear Trader, August has been the best month for NFTs in history, with the volume on opensea, the most prominent NFT marketplace, surpassing $3 billion and with 1.6 million users making at least one transaction. But, directly buying jpegs and gifs is just one way to invest in the digital token space. Another way to ride the wave is, investing in token companies that provide infrastructure and platforms for NFTs such as [Rarible]( (RARI) or [SuperBid](. This app combines the idea of social auctions and influencer-generated NFTs. The boom might have helped bring back bullish sentiment, as it helps bring new awareness to the space. Bitcoin is back trading close to $50,000, Ether has breached $3,500, and Cardano has made its way to the top 3 currency by market cap. The rise of Cardano is potentially fuelled by investors’ hopes that smart contracts will finally come to fruition in the middle of September. At least, the bets on Polymarkets agree that by 1st October, the peer-reviewed blockchain will get working smart contracts. For traders looking to invest in more niche assets, we listed 2 on our exchange this week, one of them an alleged “Ethereum-killer (IOST) while the other one makes the creation of digital assets easy (Ravencoin). Listings [RVN Listing ]( Ravencoin is a hard-fork of the Bitcoin blockchain that introduced various changes to create a reliable, secure network for immutable issuance and transfer of assets. When creating a new token on Raven, the native currency RVN is burned. Tokens can be anything backed by real-life assets such as gold or digital assets. The native currency RVN is now trading with the [BTC]( pair. [IOST Listing]( IOST is a blockchain protocol based on Proof-of-Believability that makes it highly scalable, efficient while remaining decentralized. The team behind IOST consists of experts with tech, crypto, and finance backgrounds. The native currency IOST is used to pay for services on the network and can now be bought and sold on our exchange, with the [BTC]( and [USDT]( pairs. AMAs On Tuesday, August 31st at 17:00 UTC we welcomed Jonas Rey, CEO of LITI capital to our Telegram channel to learn more about Litigation Financing, the idea for Liti, and the plans for the future. Thanks to all participants and congratulations to our winners of the best question. You can catch up on the most important things discussed, such as their upcoming lawsuit against one of the biggest exchanges worldwide, [here](. [Liti Capital AMA Recap]( Upcoming: BoringDAO AMA Despite the name, BoringDAO is anything but boring. The platform provides a secure way to bridge non-ERC assets to the Ethereum ecosystem. On Thursday, September 9th we’re welcoming Enki Yan and Dewei Liu, Boring DAO’s Co-founders to our [telegram channel]( for our next AMA. Get your questions ready and join us. Thanks for being a part of The [Bitcoin.com Exchange](. Sincerely, Your Bitcoin.com Exchange team [Bitcoin.com Exchange]( [Facebook]( [Twitter]( [LinkedIn]( [Unsubscribe]( - [Unsubscribe Preferences](

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