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Fractional NFT Markets See Significant Growth in 2021 as Market Cap Surpasses $200 Million
13.12.2021
While the non-fungible token (NFT) economy has exploded in value, another sector of the NFT industry called fractionalization has seen immense growth. A bunch of projects today are dealing with fractional NFTs, which are basically NFT assets chopped into a number of pieces and shared among...
4 Reasons Why Museums Aren’t Cashing in on NFTs yet
12.12.2021
Brian Mittendorf, Fisher Designated Professor of Accounting, The Ohio State University, and Sean Stein Smith, Assistant Professor of Economics and Business, Lehman College, CUNY.
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Read More: 4 Reasons Why Museums Aren’t Cashing in on NFTs yet
Makersplace Plans to Drop World’s First 2pac NFT Collection Authorized by the Shakur Estate
10.12.2021
On December 15, the non-fungible token (NFT) market platform Makersplace will drop an assortment of NFTs based on Tupac Shakur’s most well-known jewelry pieces. Makersplace and the NFT artists and curators Impossible Brief and Digital Arts & Sciences worked closely with Shakur’s...
Aces, Jokers, and NFTs: Playing Card Manufacturer Bicycle Launches NFT Genesis Collection
10.12.2021
The well known playing card manufacturer Bicycle has announced the launch of the company’s first non-fungible token (NFT) collection. The NFT card collectibles called the “Genesis Collection” were designed by the artist Adrian Valenzuela and the first drop of NFTs were...
India's Bollywood-Worthy Twists & Turns as Gov't Set to Make Key Crypto Decisions
10.12.2021
India’s protracted struggle with crypto-related legislation has taken yet another confusing turn, while a range of options appears to be on the table for a key meeting to be held today – with the crypto-skeptic Prime Minister Narendra Modi set to make a decisive call in the next...
Ross Ulbricht NFT Collection Raises Over $6 Million in Ethereum, Free Ross DAO Wins Auction
10.12.2021
The Ross Ulbricht Genesis non-fungible token (NFT) collection auction has come to an end and the auction winner was the “Free Ross DAO,” backed by the Pleasrdao project. The NFT collection raised 1,446 ether or $6.27 million at the time of settlement. Free Ross Decentralized...
Pepsi-Cola Celebrates the Soft Drink’s Birth Year With 1,893 Generative NFTs
9.12.2021
The carbonated soft drink manufacturer Pepsi has revealed the company is stepping into the world of blockchain with its first collection of non-fungible token (NFT) assets. Pepsi introduced the “Pepsi Mic Drop” genesis NFT collection on Thursday, which features 1,893 generative NFTs...
Busy Day For Ledger as It Announces Crypto Debit Card, NFT, Coinbase, and FTX News
9.12.2021
Major hardware maker Ledger said it aims to launch a crypto debit card, start supporting non-fungible tokens (NFTs), and announced partnerships with two major exchanges, Coinbase and FTX.
The company made multiple announcements today, during the Ledger Open conference in Paris....
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Beeple’s Latest NFT ‘Human One’ Sells for $29M, Artist Plans to ‘Enhance the Displayed Artwork’ During His Lifetime
9.12.2021
This year the American artist Michael Winkelmann, otherwise known as Beeple, made history when he sold his non-fungible token (NFT) artwork “Everydays” for $69.3 million on March 11. Beeple’s latest NFT called “Human One” is a life-sized NFT sculpture that sold...
Video Game Giant Ubisoft Launches NFT Platform, Software Firm’s Blockchain-Tech Runs on Tezos
8.12.2021
The French video game manufacturer based in Montreuil, Ubisoft Entertainment SA, has announced the company has launched a blockchain-based platform called Ubisoft Quartz. According to the company, the platform will enhance specific games with playable and energy-efficient non-fungible token (NFT)...
Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service
8.12.2021
Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry.
In an announcement, the payment network acknowledged that "digital currencies are taking greater...
Pak’s NFT Collection Breaks an Art Auction Price Record
7.12.2021
Popular digital artist Pak has sold some 250,000 non-fungible tokens (NFTs) for a total of USD 91.8m on the NFT marketplace Nifty Gateway - now considered to be the highest original price to be paid at an auction for the work of a living artist.
The art collection, Merge, was sold between...
Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year
6.12.2021
During the last seven days, virtual lands sold in the metaverse have outpaced a great number of non-fungible token (NFT) sales. Moreover, metaverse native crypto tokens like axie infinity, sandbox and decentraland and play-to-earn digital assets in general have jumped significantly in value this...
Only 1 in 4 NFTs Bought During Minting Result in Profit - Chainalysis
6.12.2021
Data acquired from the major non-fungible token (NFT) marketplace OpenSea reveals that merely 28.5% of NFTs purchased during minting lead to a profit. On the other hand, more than 65% of NFTs bought from other users on the secondary markets result in profit.
NFTs "are far from a surefire...
Binance Smart Chain, Animoca To Bet USD 200M On Crypto Gaming Startups
6.12.2021
Binance Smart Chain (BSC) has unveiled a USD 200m investment program developed in partnership with Animoca Brands, a company focused on non-fungible token (NFT) and gaming digital property rights - aiming to finance early-stage blockchain-based gaming startups.
BSC is a blockchain network built...
Ross Ulbricht Genesis Collection NFT Auction Sees Millions of Dollars in Ethereum Bids
5.12.2021
Two days ago on December 2, the Ross Ulbricht Genesis Collection auction of non-fungible token (NFT) assets kicked off at Art Basel Miami via the Superrare platform. The Ulbricht NFT collection auction ends on December 8, and so far the auction has seen a bid of 666 ether or roughly $2.6 million....
Virtual Land Adjacent to Snoop Dogg’s Sandbox Estate Sells for $450K in Ethereum
4.12.2021
The popular American rapper Snoop Dogg revealed at the end of September that he acquired land in the blockchain-based virtual metaverse The Sandbox and had plans to recreate his mansion. On December 2, The Sandbox held a “Snoopverse Land Sale,” which allowed participants to purchase...
MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG
4.12.2021
PRESS RELEASE. MetaGods, the world’s first play-to-earn 8-bit action role-playing game built on the blockchain, has raised $3 million USD in funding from supporting investors. Numerous investors and partners have partnered with the initiative to combine blockchain technology and the fast...
Crypto Exchanges in 2022: More Services, More Compliance, and Competition
4.12.2021
For many people, exchanges are pretty much the core of the crypto market and industry. They facilitate the all-important trades in the world’s virtual currencies, and by doing so, they reveal which are likely to become the biggest in the future....
Read More: Crypto Exchanges in 2022: More...
British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes
4.12.2021
The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your...