x2y2

ChainCatcher news, the NFT trading platform X2Y2 announced on social media that after three years of glory and $5.6 billion in trading volume, X2Y2 will officially close as an NFT marketplace on April 30, 2025.The X2Y2 contract will remain active, but the platform itself will cease operations. The CEO of X2Y2 stated, "NFT trading volume has shrunk by 90% since its peak. The life and death of a market platform depend on network effects, and after three years of striving for the top, it’s time to let go and build something with more lasting value. But this is not a farewell------it’s a transformation. Over the past year, we have deeply explored the field of AI, studying how it intersects with cryptocurrency in powerful new ways.We are building something entirely new: a decentralized way to provide returns, driven by AI. It is decentralized, innovative, and aims to create value in a cyclical manner------not just chasing trends. The X2Y2 token is closely related to our NFT vision, and I won’t sugarcoat the reality------this change may impact its price. But I believe our next chapter will create something that is more valuable in the long run."

ChainCatcher message, according to on-chain information monitoring, Azuki #2736 was sold for 28 ETH on the X2Y2 platform, worth approximately $109,100.32, with the buyer being dontpanic.eth.

ChainCatcher news, according to Cryptoslam data, about 1 hour ago, Bored Ape BAYC #7940 was sold for 588 ETH on the X2Y2 platform, approximately $1,433,582, with the seller being an address starting with OxBcd8.It is reported that BAYC #7940 is one of the more unique and aesthetically pleasing golden apes in the entire Bored Ape series.

ChainCatcher news, according to the official Twitter, the NFT marketplace Rarible announced that it will permanently support royalties, so after September 30, Rarible will stop aggregating orders from OpenSea, LooksRare, and X2Y2.In addition, it stated that the principle of royalties is at the core of decentralization, continuously affirming the value of creators in every transaction.

ChainCatcher message, BAYC #1734 was sold for 600 ETH on X2Y2 at 02:19 on July 14, approximately 1.2 million USD.

ChainCatcher news, according to monitoring by Spot On Chain, the address oilysirs.eth exchanged 3.292 million X2Y2 for about 80 ETH (approximately $150,000), and then purchased ARB and BLUR. Specifically, the address exchanged 40 ETH for 61,721 ARB, with an average purchase price of $1.2, currently holding a total of 1.125 million ARB, which has not been sold; exchanged 40 ETH for 131,984 BLUR, with an average purchase price of $0.56, marking the first repurchase of BLUR after closing positions 16 days ago.It is reported that oilysirs.eth previously used 302 ETH to buy 1,025,387 BLUR at an average price of $0.46, later selling at $0.94 to gain a profit of $1 million. On March 24, this address used 696 ETH to buy 1.05 million ARB at an average price of $1.35. (source link)

ChainCatcher news, the NFT market X2Y2 announced that a large amount of Token will be unlocked within 24 hours, including 12.5 million X2Y2 allocated to the treasury and 25 million X2Y2 allocated to the team, totaling 37.5 million Tokens, which accounts for 3.75% of the total supply. The X2Y2 team stated that there are currently no plans to sell any Tokens that are about to be unlocked or have already been unlocked. (source link)

ChainCatcher news, during the AMA held by X2Y2 last night, X2Y2 CEO TP stated that X2Y2 has almost secured a $10 million financing, with investors including some well-known public chain investment funds; the tokens given out in the financing are a portion of the daily reduced output, with a four-year lock-up period, and they will not participate in dividends.In addition, he mentioned that there are considerations to change X2Y2's economic model, but the form and timing are uncertain, and all economic models will consider incorporating Ajin. Moving forward, the direction will be towards becoming a platform that provides NFT derivatives. (source link)

ChainCatcher news, X2Y2 announces it will enforce royalties on all collections. An hour ago, X2Y2 removed the "flexible royalty" setting for all newly listed NFTs using OperatorFilter. To achieve a more unified and smoother user experience, royalties are also applied to already listed NFTs. (Source link)