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Nalezeno "What are NFTs": 3361

The Glenlivet Distillery Utilizes NFTs and AI to Market $43,000 Whisky


Scotland-based distillery The Glenlivet is using NFTs and AI in its marketing strategy to sell whiskey from a 50-year-old collection. The Glenlivet announced on Monday it was planning to auction off the bottles, which have been maturing at its Speyside distillery in Scotland since 1974. Discover...

Chamber of Digital Commerce Backs Hermés in Landmark “MetaBirkins” Case


Blockchain and digital asset trade association, the Chamber of Digital Commerce (CDC), filed an amicus curiae brief on February 9 in support of French design house Hermès in the company’s landmark MetaBirkins case. Here’s why it matters: Hermés, designer of the legendary Birkin bag,...

Tom Brady NFT Fetches $40K as Super Bowl Legends Hype Digital Collectibles


The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably,...

NFT Sales Surge 16.8% This Week, Ethereum Dominates With Top Volumes


This week, sales of non-fungible tokens (NFTs) surged by 16.8% over last week, as per the most recent statistics on digital collectibles. The Ethereum blockchain led the charge among 21 blockchains, capturing the top spot with sales totaling $148.49 million, marking a substantial increase...

Stephen Chow’s “Nobody” NFTs Reach 10,000 ETH in Trading Volume


Hong Kong movie director Stephen Chow launched an NFT collection titled “Nobody” on February 1 which has already reached nearly 10,000 ETH in trading volume on Opensea. At the time of writing, the collection has experienced trading activity of over 9,878 ETH (~ $22.8 million) with a daily volume...

OKX Breaks Into Argentina With Wallet And Crypto Exchange


OKX launched localized trading services in Argentina on February 7 to provide Argentinians access to the non-custodial OKX Web3 Wallet. This development will establish a secure gateway for managing DeFi, trading NFTs, accessing dApps, and more in one of Latin America’s largest crypto markets...

Promising new NFTs: DogeBirds, Moonbirds on Dogecoin


Dogebirds: Going to fly to the moon? Dogebirds is a new collection of Moonbirds registered on the Dogecoin blockchain. It’s a winning combo. Its launch is eagerly awaited, and is scheduled for early February on the reference site drc-20.org: https://drc-20.org/launchpad  You can find their...

Artists Ordered to Pay $9 Million in BAYC Copyright Dispute


Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...

NFT Collections Drive Market Recovery With a 3.74% Increase in Weekly Sales


NFT sales have experienced a 3.74% increase compared to the previous week, totaling $236,234,800 over the past seven days. The latest rise defies the pattern of consecutive weeks marked by declining NFT sales. NFT Sales Climb Higher, Defying Recent 2-Week Downtrend The top-performing NFT collection...

Bitcoin Ordinals Will Play a Pivotal Role in 2024 + More NFT News


This non-fungible token (NFT) day starts with a drop in the sales volume. It is down 10% over the past 24 hours to $31,192,652, according to CryptoSlam. NFT buyers are down 9% and sellers 5%. Transactions have also dropped by 5%. Among the top ten collections by sales volume, AINN BRC-20 NFTs...

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