Illustration by Alex Castro / The Vergenone One of the big promises ofNFTswas that the artist who originally made them could get a cut every time their piece was resold. Unfortunately, thatâs not the case anymore. OpenSea, the biggest NFT marketplace still fully enforcing royalty fees,said...
A group of investors is suing Sothebyâs Holdings Inc. and others over a 2021 auction and promotion of Bored Ape Yacht Clubnon-fungible tokens(NFTs) following a collapse in prices for the celebrity-endorsed collectibles. The four named plaintiffs in the class action lawsuit allege that the...
Coca-Cola Releases âMasterpieceâ NFT Collection on Layer-2 Base Coca-Cola Has Unveiled Its NFT Collection Coca-Cola has unveiled its "Masterpiece"NFTcollection, displaying a fusion of traditional and modern artwork onBase, Coinbase's Ethereum Layer 2 network. This launch is a...
The football club has been keen on creating nonfungible token collections for much of the past year. Spanish soccer club FC Barcelona hassecureda 120 million euro ($132 million) investment from Libero Football Finance AG and Nipa Capital B.V. for its Web3 initiative, Barça Vision. According to...
Data NFTs can revolutionize the data brokerage industry by offering transparency, control and monetization possibilities for users. Reshaping the way data brokerage worksWhat are Data NFTs?Data NFT-FTFor enterprises: Unlocking new possibilities with Data NFTsFor creators and consumers:...
(- USA Art News) The world's most expensive painting is due to be transformed into an NFT (non-fungible token). Salvator Mundi, which has been attributed to Leonardo da Vinci, sold for $450.3m with fees at Christie's New York, the highest price ever paid at auction. the controversial painting ,...
Payouts to NFT content creators sank 98% from a peak in 2022 Exchanges for NFTs chopped royalty rates amid a bear market Players compete in the final of the Guandan competition at the Xuyi County Stadium in Huaian City, Jiangsu Province on June 18.Photographer: Costfoto/NurPhoto/AP PhotoAn...
Despite a surge in Ether gas prices in May, NFT marketplaces only accounted for 3% of the entire Ethereum gas consumption. Despite a surge in Ether gas prices in May, NFT marketplaces only accounted for 3% of the entire Ethereum gas consumption. Ethereum gas consumption bynonfungible tokens...
Yuga Labs will acquire Roar Studios as it looks to onboard talent for its still-in-development Otherside metaverse. Yuga Labs accelerates Otherside plans Nonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as i looks to...
Reddit has released its latest NFT avatar collection aimed at inspiring "warm, fuzzy feelings of nostalgiaâ among collectors, while Amazon added new blockchain tools to its Amazon Web Services cloud platform as it continues its Web3 expansion. Also, we chatted with Web3 influencers to...
HUMAN ONE, Beeple, 2021.Courtesy M+, Hong KongnoneThis Friday, visitors of theCrystal BridgesMuseum in Bentonville, Arkansas, will have the opportunity to seeHuman One(2021), the first sculpture made by digital artist Mike Winkelmann, otherwise known as Beeple. The opening marks the first...
From Vintage to MNTGE: Digital Fashion Brand to Release NFT Patches Linked to IRL Rewards The patches were designed by 11 artists, including Jen Stark, Nyan Cat creator Christopher Torres and Bored Ape Yacht Club artist Seneca, and are embedded with NFC chips. MNTGE Patchwork (MNTGE)...
The very first tweet of Jack Dorsey, whosenon-fungible token(NFT) was sold for a whopping $2.9 million in 2021, now has a paltry price of less than $2,000. Iranian-born crypto entrepreneur Sina Estavi bought Twitter founder Dorsey's first-ever tweet that read "Just setting up my twttr" as an NFT...
The new feature allows collectors to trade NFTs directly with each other as well as add WETH to âsweeten the deal.â Deals (OpenSea.io) Letâs make a deal⌠for NFTs. Non-fungible token (NFT) marketplace OpenSea announced Thursday it's rolling out âDeals,â a...