Search
NFT Sales Continue to Decline, With ETH-Based NFTs Seeing a 20% Drop in the Past Week
31.12.2022
Non-fungible token (NFT) sales over the last seven days are ending the year 13.97% lower than the week prior. During the last week, statistics show that $147,054,554 in NFT sales were recorded across 334,668 NFT buyers. NFT Sales Continue to Slip: 13.97% Decrease in Last Seven Days NFT sales...
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022
26.12.2022
Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales...
Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage
16.11.2022
During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten days show the floor value of Cryptopunks NFTs remained above the 60 ether zone, while BAYC-based...
Veve Partners With Marvel to Drop Limited Edition NFT Covers Featuring Spider-Man, Black Panther
29.8.2022
On August 29, the digital collectibles company Veve announced that the platform has launched digital variant non-fungible token (NFT) covers from three Marvel comic book artists. Veve and Marvel detailed that the NFT drops called the Marvel Artworks collection will be limited edition, 1-of-1...
Fractional NFT Markets Slide 76% in Value in 7 Months, Diced-up Doge NFT Still Leads the Pack
10.8.2022
When non-fungible token (NFT) collectibles became popular, the fractionalized NFT market grew past the $200 million range seven months ago in December 2021. Since then, the fractionalized NFT market has lost more than 76% in value, dropping to an overall market capitalization of around $50 million....
Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors
28.2.2022
Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also...
Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application
16.1.2022
According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital...
2 Mirrored, Copycat Bored Ape NFT Projects Cause Copyright Infringement Controversy
1.1.2022
In the midst of the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectibles, two NFT projects have appeared offering near-identical or mirrored versions of the original BAYC NFTs. The NFT marketplace Opensea has removed the NFT projects from the market for breaking...
Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn
24.11.2021
The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn...
Q3 NFT Report Shows Non-Fungible Token Markets ‘Are in Phase of Dynamic, Unstoppable Growth’
6.11.2021
Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of...
Valve Bans Games Built on Blockchain, NFTs, and Cryptocurrencies From Steam Gaming Platform
17.10.2021
This past week, Valve, the parent company of the video game digital distribution service Steam updated its distribution onboarding guidelines. According to the newly updated rules, the company is banning any “applications built on blockchain technology that issue or allow exchange...
Alibaba’s NFT Marketplace Allows Content Creators to Copyright Work via Blockchain IP Service: Report
17.8.2021
The Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell...
British Auction House Christie’s to Auction Cryptopunks, Meebits, Bored Apes NFTs
7.8.2021
The well known luxury auction house Christie’s has announced the company’s first non-fungible token (NFT) art sale in Asia on September 17. According to the announcement, the NFTs will feature Cryptopunks by Larva Labs, Meebits, and Bored Apes. Christie’s Reveals First NFT Auction...
‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
5.8.2021
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights...
NFT Marketplace Backed by Mark Cuban Raises $13 Million in Series A
1.7.2021
The Mark Cuban-backed non-fungible token (NFT) marketplace Mintable has raised $13 million in a Series A funding round, according to an announcement on Thursday. The Singapore-headquartered Mintable, plans to use the funds to expand its offerings, as the application already features 700,000 NFTs...
Musician Grimes’ debut NFT auction generates $5.8M in 20 minutes
2.3.2021
Acclaimed musician Grimes has made $5.8 million in 20 minutes after auctioning eight tokenized artworks in her first NFT drop