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NFT Criticism Heightens: Skeptic Calls Tech a ‘House of Cards,’ Claims NFTs Will be ‘Broken in a Decade’
21.3.2021
On the week of March 7 through the 13th, the term “NFT” touched an all-time record high in terms of popular search queries according to Google Trends (GT). The highest score is 100 and this week, GT shows interest has dwindled a hair down to 97. Meanwhile, while the NFT hype affects...
Video Game Companies Keep Coming Up With New Ways To Take Our Money
19.3.2021
Video games are expensive. They have been expensive for a very long time, and they keep getting more expensive. To an extent, it makes sense: Game developers need to eat! But after a certain point, it gets excessive. Loot boxes, gacha, and now NFTs are signs of that excess. On this week’s...
World’s Fourth Oldest Auction House Sotheby’s Joins the NFT Ecosystem With a Mysterious Artist
18.3.2021
Following the $69 million non-fungible token (NFT) digital art auction at the world-famous auction house Christie’s, the British-founded American multinational corporation Sotheby’s is joining the NFT hype. Sotheby’s is partnering with a popular digital artist dubbed...
Want to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT Assets
17.3.2021
Non-fungible token (NFT) assets have taken the world by storm, as popular NFT artists are making millions from their blockchain-backed designs, music, and collectibles. As the trend continues to become more popular by the day, swarms of people are wondering how they can create their...
Meet Qonos- A Purpose-Built Digital Frame for NFT Art and Collectibles
15.3.2021
The non-fungible token (NFT) artwork and collectible ecosystem has exploded in recent months and just last week, a Beeple-crafted NFT sold for $69 million at the world-famous auction house Christie’s. As the NFT space swells, a new product has been launched called “Qonos,”...
A Variety of Popular Celebrities Are Selling NFT Collections and Raking in Millions
15.3.2021
In 2021, celebrities have been flocking to the cryptocurrency space in great numbers, and the non-fungible token (NFT) asset craze has swelled with luminaries as well. During the last few weeks, musicians, artists, professional sports players, and more have dipped their toes into the NFT ecosystem....
Game Artists Not Happy That Developer Is Selling Their Nearly Decade-Old Work As NFTs
12.3.2021
The question at the heart of this week’s incessant NFT debate is one of ownership: How, in the digital age, can one really own anything? And when somebody purchases a glorified gif or jpg for mind-boggling amounts of money, what do they even own? Not rights. Not the sole copy of the image. So what?...
Crypto Art Belongs In The Trash
11.3.2021
The blockchain, at best a scam and at worst an impending environmental disaster, has lately been upending everything from currency exchange to basketball collectibles. But one area it’s had a particularly sudden—and divisive—impact is the world of art.Read more
Multi-Platinum Recording Artist Lil Pump to Drop ‘Digital Jewelry’ NFTs
10.3.2021
On March 10, the hip-hop artist Lil Pump announced the multi-platinum-selling artist has partnered with the non-fungible token (NFT) platform Sweet. The American rapper will drop three unique NFT collectibles in total and he’s also releasing a one-of-a-kind “digital jewelry collectible...
'Ecological nightmare' backlash forces ArtStation to drop NFT plans
10.3.2021
The announcement ArtStation was launching NFT artworks did not sit well with the platform’s artists, who called for a boycott and threatened to leave the platform
OpenSea collector 'pulls the rug' on NFTs to highlight arbitrary value
9.3.2021
The most expensive single NFT ever sold went for $6.6 million in February
Burned Banksy NFT Sale Captures Close to $400K, Critics Claim Buyers Are ‘Morons’
8.3.2021
On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69 ethereum or $394k using today’s...
A Group of Crypto Proponents Burned an Original Banksy ‘Morons’ Print and Turned It Into an NFT
4.3.2021
Original artwork crafted by the pseudonymous England-based street artist and political activist Banksy has been burned in order to turn the art into a non-fungible token (NFT). The screenprint was one of only 500 made and was authenticated by Banksy’s verification company Pest Control....
Famed NFT Artist Bosslogic to Create 2500 Exclusive Pieces for Ethernity Community
4.3.2021
Top-selling non-fungible token (NFT) artist Bosslogic has partnered with art collective Ethernity to deliver a 2500 piece collection of unique art. The Ethernity Chain community members can take part in an NFT auction via an online competition. Bosslogic Collaboration Decision Dovetails Surging...
Beeple NFT sells for record $6.6M as bidding for 'Everydays' at Christie's hits $2.2M
26.2.2021
Beeple’s Crossroads NFT has been resold for $6.6 million, more than 100 times its original price, and smashing the previous record of $1.5 million for an individual NFT
Topps Garbage Pail Kids Blockchain Collectibles Can Be Found at Target and Walmart
23.2.2021
The popular trading card company Topps has just launched the “2021 Garbage Pail Kids Food Fight” series today, and the trading card packs are being sold at Target and Walmart stores. Not only will the Garbage Pail Kids (GPK) series provide people with collectible cardboard trading...
Blockchain-Backed NFT Market Value Grew 299% in 2020
18.2.2021
A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published...
Sandbox Games and NFTs: Microsoft and Enjin Issue Minecraft-Compatible Blockchain Collectibles
12.2.2021
Players who enjoy the best-selling video game Minecraft will be able to transfer blockchain-based non-fungible token (NFT) assets into the game. Microsoft and the company Enjin have issued Minecraft-compatible NFTs in order to celebrate the International Day of Women and Girls in Science....
Linkin Park’s Mike Shinoda Auctions his First Non-Fungible Token
8.2.2021
Musician Mike Shinoda, guitarist and founding member of the American rock band Linkin Park, has auctioned his first non-fungible token (NFT) for a charitable cause. The NFT, a piece of digital media titled ‘One Hundredth Stream,’’ raised over $30,000 Musician Mike Shinoda...
Blockchain Firm Labs Group Taps Enjin to Tokenize Real Estate Assets
6.2.2021
The year has started with a batch of announcements regarding tokenization in various sectors. On this occasion, a blockchain gaming platform announced its collaboration with Labs Group to issue non-fungible tokens (NFTs) of real estate assets. Global Real Estate Market Is Valued at $228 Trillion...