The premiere drop features brands including McLaren and Aston Martin. The company hinted at future releases inspired by other iconic toy brands. Hot Wheels NFT (Mattel) Global toy company Mattel has launched its own non-fungible token (NFT) marketplace on Mattel Creations, the company's...
The value of non-fungible tokens, or NFTs, is plummeting amid renewed questions about what cryptocurrencies are worth. The crypto world suffered a major blow last week whenFTX Trading declared bankruptcyamid a $8 billion shortfall. The fallout is now affecting the digital collectibles realm, said...
Here are the NFT-related rules of thumb to consider when filing your 2022 taxes. To date in 2022, the NFT market has seen more than 8.61 ETH in trading volume across 2.7 million wallets. According to CoinMarketCap, the sectorâs total market cap amounts to over $13 billion. And yet,...
General view of the atmosphere during day 2 of the 2013 Coachella Valley Music & Arts Festival at the Empire Polo Club on April 13, 2013 in Indio, California.Christopher Polk/GI for CoachellanoneThe crypto world was rocked last week by the stunning implosion of FTX â the second-largest...
The UK Court of Appeal has ruled in favour of Amir Soleymani's dispute against Nifty Gateway over a$650,000NFT The decision is a ground-breaking moment for UK consumer rights The ruling protects British internet users from the imposition of automatic foreign arbitration Nifty...
Sinking ETH value and potential panic-selling pushes the NFT âblue chipâ downânow 82% off its peak price from April. Yuga Labs is the company behind the Bored Ape Yacht Club NFT collection. Image: Shutterstock Crypto prices aredown across the boardthis week amid news ofFTXâs...
The on-chain tool will blacklist collections from being resold on marketplaces that donât enforce royalties and will only apply to new collections listed on the platform. Non-fungible token (NFT) marketplace OpenSea joined the ongoing NFT royalty debate this weekend with ablog postannouncing...
A growing list of marketplaces are seeing the impacts of platforms ceasing to require buyers to pay royalties on collections. Experts arenât optimistic about what this means for the market. (Getty Images) In late August,non-fungible token(NFT) marketplaceX2Y2 stopped requiring buyers to pay...
Instagram said that starting this week it will begin allowing a select group of digital creators to mint and sell non-fungible tokens (NFT) directly from the social media platform. The image-focused apprecently launched its Digital Collectibles featurein 100 countries, allowing users to...
The project aims to create a âdecentralized art ecosystemâ using NFTs and complex tokenomics. Another day, another buzzy non-fungible token (NFT) mint â this time forArt Gobblers, a collection created by television director and voice actor Justin Roiland with backing from Web3...
Cruz fans wanted to know, "Who is that sitting behind him?" Left: U.S. Sen. Ted Cruz (R-TX) addresses the Faith and Freedom Coalition's Road to Majority Policy Conference. (Photo by Chip Somodevilla/Getty Images); right: the logo for NFTmotel.io. Remember that time Ted Cruzaccidentally...
Tezos price has made a strong recovery in the past few days as investors focus on its vibrant NFT ecosystem. XTZ jumped to a high of $1.50 in October, which was about 18% about 18% above the lowest level during the month. Tezos NFT ecosystem is growing Tezos is a leading blockchain project that...
Three million users have created Reddit Vaultsâthe companyâs name for a blockchain walletâsince the service was created a few months ago. Examples of Reddit Avatars. Courtesy of Reddit.Quietly, and seemingly overnight, Reddit has become one of the biggest crypto-art marketplacesâand it...
AptoSea, Next Gen NFT marketplace on a mission to facilitate a âDAO Powered NFT Marketplace on Aptos Blockchainâ has kicked off the initial$APS Pre Sale Roundfor early adopters. As DeFi, GameFi and NFT projects are now leaning towards being run as a DAO, which in recent times has risen to...
A new report by Activate Technology reveals that thenon-fungibletoken (NFT) and metaverse hype is over, and that both sectors will need targeted corporate interest going forward. The future holds new use cases for NFTs to aid companies in building brand loyalty, while the metaverse will need...
LooksRare joins the lineup of NFT marketplaces that have abandoned default creator royalties but says its replacement solution is âcompetitive.â LooksRare joins the lineup of NFT marketplaces that have abandoned default creator royalties but says its replacement solution is...
Quick take: Reddit NFTs have hit $10 million in transaction volume. Despite the market downturn, the collection took just 3 months to reach the milestone. The social news aggregator platform is celebrating the success of its NFT journey by releasing 5000 NEW Reddit Collectibles into the...
ClubNFT CEO Jason Bailey. MATTHEW J. LEEâTHE BOSTON GLOBE/GETTY IMAGES Welcome to âThis week in the metaverse,â where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. [email protected] tips. Carlos...
The good news is thatApple(AAPL-1.32%)is now supportingnon-fungible tokens(NFTs) in its App Store. Given Apple's massive influence in the tech world, this would seem to signal the future mass-market adoption of NFTs. The bad news is that Apple's new NFT rules are potentially so restrictive and...
While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT...
Different companies and organizations are incorporating non-fungible tokens into users' daily lives, not speculating. (Getty Images) With an increasing number of financial and political crises in recent years, Latin American citizens have found in crypto a powerful tool to cope with the...
Curated NFT marketplaces only sell NFTs by artists whitelisted on their platforms. This approach builds communities aligned with certain types of art and leads to higher average sale prices. A curated NFT marketplace is one where the access to sell an item is restricted. Only creators that are...
Takeover opens up possibilities for blockchain, other features Tesla CEO Musk has sent mixed signals concerning crypto After months of dramatic back-and-forth, Elon Musk hastaken control of Twitter Inc., igniting emotions ranging from hope to anxiety among users who are bracing themselves for...
As NFT trading slows, generative art projects and renewed interest by traditional auction houses continue to grow. (Art generated by CoinDesk using QQL algorithm) Amid thefrigid conditionsof the ongoing crypto winter,non-fungible token(NFT) trading volume hasdecreased substantiallysince the...
The platform's non-fungible-tokens are booming despite the bear market, the report said. (Shutterstock) Reddit non-fungible tokens (NFT) have dominated conversation in cryptocurrency markets this week after they generated $2.5 million in daily trade volume and prompted 3 million people to sign...
The treatment of non-fungible tokens wasnât fully resolved by Brusselsâ landmark Markets in Crypto Assets regulation. The European Parliament could prove key to new NFT rules for the EU. (FrankyDeMeyer/Getty Images) Further European Union legislation on non-fungible tokens could be issued...
Bored Ape Yacht Club creator Yuga Labs has earned the most in royalties to date, with over $147 million in payouts. (Passakorn Prothien/Getty Images) More than $1.8 billion in royalties have been paid to creators of Ethereum-basednon-fungible token (NFT)collections thus far, according to...