Digital art is a billion-dollar business, with everyone from Paris Hilton to Damien Hirst trading in ‘non-fungible tokens’. But are NFTs just a get-rich-quick scheme masquerading as culture? Rosanna McLaughlin Amotley crew of celebrities have tried selling digital art, including Snoop Dogg,...
This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion in...
Seoul will follow FATF guidance on the matter of NFTs and its regulation. South Korea’s Financial Services Commission (FSC) reaffirmed its view that non-fungible tokens (NFTs) generally do not fall under the definition of virtual assets and will not be regulated as such, according to a...
Nov 1 (Reuters) - The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led by SoftBank’s Vision Fund 2, the company told Reuters on Monday. The latest fund raising came a little over a...
Play-to-earn games like Axie Infinity allow users to make real money by earning tokens, creating NFTs, and selling them. Axie Infinity "GameFi" could transform gaming business models and power the digital economy, according to Huobi's Jeff Mei. Investors are fired up by the rapid use case of...
Two Latinos are giving the venerated Mexican tradition a modern, cryptocurrency twist, with digital art that's transcending the way the Day of the Dead is celebrated. The Mexican tradition of Día de los Muertos is usually celebrated with colorful ofrendas, or altars, that families create to...
SINGAPORE,Oct. 28, 2021/PRNewswire/ --At the Inauguration Dinner of the newly established Blockchain Infrastructure Alliance (BIA) Alchemy Pay announced the launch of its first series of thirty-six Limited Edition Crypto-Linked Virtual Cards in partnership with "Forbes 30 under 30" blockchain...
From Manhattan to Manila, players are turning their backs on Wall Street careers and medical school toseek theirfortune in an online arena. Photographer: Steph Davidson To understand why Mark Zuckerberg thinks “the metaverse” is the next frontier, consider the case of Sam Peurifoy. The...
Manchester, England--(Newsfile Corp. - October 30, 2021) - Cadalabs is proud to announce the Cadalabs NFTs & Crypto Collectibles Market. It is an NFT and digital collectibles DeFi platform, existing on the Cardano Blockchain. It is the first DeFi platform to accept a native token which...
Interpol returns to collaborate with David Lynch on an NFT featuring updated versions of their past work together.Non-fungible tokens (NFTs) have taken the music industry by storm in recent months. In the modern age, they represent a new way for fans to collect things from their favorite...
A half-billion-dollar NFT “sale”? On-chain analysts say it may have just been an elaborate publicity stunt. Crypto Twitter was briefly set ablaze Thursday night as a CryptoPunk non-fungible token (NFT) was purchased for a staggering half-billion dollars – a figure that would have made the...
The company changed its name to Meta in a further sign of its metaverse ambitions. Facebook said Thursday the company’s metaverse will support non-fungible tokens (NFT) in a possible boost to the Ethereum protocol, where the digital collectibles format has thrived. “This will make...
The Content Credentials panel in Photoshop.Image: AdobeAdobe is launching a system built into Photoshop that can, among other things, help prove that the person selling an NFT is the person who made it.It’s called Content Credentials, and NFT sellers will be able to link the Adobe ID with...
MUMBAI, Oct 24 (Reuters) - Indian celebrities from the world of Bollywood and cricket are increasingly launching digital memorabilia through non-fungible tokens (NFT), hoping to rake in thousands of dollars by cashing in on growing interest in such assets. NFTs are a type ofdigital assetwhich...
Image Credits:Parallel It’s no secret that NFTs have been a hot space for crypto speculators in the Ethereum ecosystem to diversify their holdings, and while some see a golden opportunity to shill bad art to suckers, others believe that NFT-based gaming is destined for the mainstream and that...
JD Technology is offering free collectibles to people who sign up for its conference. JD.com’s tech arm revealed its non-fungible token (NFT) plans, following on the heels of rival Alibaba. JD Technology is offering seven free limited-edition NFTs commemorating its annual...
Concept Art House helped Frank Miller with his NFT art. Image Credit: Concept Art House Concept Art Houseisn’t just a little art house anymore. The creator of art for video games and nonfungible token (NFT) collectibles has raised $25 million. The San Francisco company is taking part in the...
NFTs aren't just valuable economically. They're also revolutionary when it comes to branding. Projects such as CryptoPunks, Bored Ape Yacht Club (BAYC), Koala Intelligence Agency, Art Blocks, CyberKongzand many more are changing brand-building approaches.The days of physical brand building, which...
Non-fungible token marketplaces are incredibly popular in the blockchain and cryptocurrency world today. Although OpenSea is the current market leader, competition emerges across different ecosystems. Therefore, it is always worthwhile to explore alternative NFT marketplaces, as they may...
(Image credit: Behaviour) Non-fungible tokens are basically digital items that use blockchain technology to grant "ownership" to those who pay for them. Ownership is in scare quotes, because you really only own a sort of receipt that says a non-unique digital file is yours. It's an...
The designer has teamed up with fashion technology platform BNV to give away 10 non-fungible tokens of the iconic look seen on the cover of Dazed’s 30th anniversary issue Canvas and cotton joint dress custom made Jawara Alleyne x Raw Materials, tights Emilio Cavallini, patent leather pumps...
Pak,Rubik's Lure, 2020.Courtesy Sotheby'sLast Friday, Sotheby’s launched its NFT exclusive marketplace, Metaverse. It’s the first of its kind among blue chip auction houses, and all NFT sales at Sotheby’s will now take place on this cutting-edge platform. Yesterday, the platform began...
Steam banned blockchain games; Epic Games welcomed them Illustration by Alex Castro / The Verge Today, let’s talk about a fault line that’s beginning to open up in the gaming world, one I suspect will soon be coming to most platforms and app stores. It’s a divide that begins with a simple...
Image:Epic Games / Kotaku Epic Games and itsCEO Tim Sweeneyare open to letting games that use blockchain technology and NFTs onto its PC store,even as NFTs continue to be criticized for being a giant,planet-burning scamfilled with grifters.This follows Valve’s decision to remove and ban all...
Coinbase Global Inc.’snot-yet-launchedmarketplace for nonfungible tokens is already a hot spot. There were more than one million signups on the crypto exchange’s NFT waitlist on the first day it opened, a person familiar with the situation said late Wednesday. It wasn’t clear whether some...
McDonald’s China has released a collection of NFTs to celebrate31years since its first fast food restaurant opened on the mainland. The “Big Mac Cube” — named after the chain’s most famous burger — is also a nod to the company’s shiny new headquarters that have opened in Shanghai. A...
Coinbase launching NFT marketplace The cryptocurrency exchange says it will 'make minting, purchasing, showcasing and discovering NFTs easier than ever' Coinbase Global Inc. is on a mission to make it a breeze to create, buy, advertise and learn about nonfungible tokens – and the company aims...
Amico console currently has no release date, but you can no buy physical games for it TheIntellivision Amicois a retro-inspired android-based console that was supposed to be out October 20, 2020 but has suffered numerous delays since then. And now, even before the console has shipped to...
Just over 24 hours into its open beta,Visionrare, which launched an NFT marketplace for “fantasy startup investing,” is temporarily shutting down and refunding users who purchased shares, saying it will relaunch soon as a free-to-play game. The platform allowed users to bid on auctions of...