Tag: non fungible tokens

Top NFT Tokens This Week: In the NFT Ecosystem, top tokens, ApeCoin has taken a jump of 4.77% in the last 24 hours. Flow, has risen by 5.51%. Chiliz soared...

Despite the market uncertainty, cryptocurrency developments continue to grow. This time, it is Instagram making buzz on the cryptocurrency spectrum with the announcement of new exciting features to help its content creators to grow and make money on the platform. In its latest Creator Week 2022 event last Wednesday, Instagram, the seventh most valuable brand worldwide, announced that it would facilitate its fraternity...

Troubled blockchain platform Terra releases a step-by-step tutorial on YouTube for developers to mint non-fungible tokens (NFTs) on the Terra blockchain. The firm aims to help as many developers as possible to build on the Terra blockchain and drive back the utility. Meanwhile, Terra (LUNA) price soars over 3% in... Read more

With the rise in non-fungible tokens (NFTs) popularity, the space has seen the sale of some interesting things and pieces on the blockchain. In Feb. 2022, an artist blew up a Lamborghini Huracan and sold the charred remains as NFTs. British artist Damien Hirst burned hundreds of physical artworks after selling them as NFTs on the blockchain. Now, citizenships are being sold and...

The NFTs (non-fungible token) market in 2021 was valued at $11.3 billion, according to the assessment of Verified Market Research (VMR), a global research and consulting company. For the next eight years, the industry is predicted to grow tremendously in terms of value, having a compound annual growth rate of almost 34%. VMR assessed...

PUBG creator Brendan Greene plans to launch a game powered by blockchain, NFTs, and the metaverse. The next game called Artemis will allow players to make and play anything they like in the Earth-sized virtual and open world environment. The evolving market of blockchain, metaverse, and NFTs picks pace as... Read more

Chinese regulatory scrutiny of cryptocurrencies has since made its way into the NFT space, as expected. However, what started out as just a regular deterrent to citizens from investing in NFTs has spread to the platforms that offer such services. One of the platforms that came under fire was Huanhe, an NFT marketplace that was launched by Chinese social media giant Tencent. Now,...

NFT trading volume had seen a wild uptick back in the bull runs of 2021. By the start of 2022, the market had begun to reach its peak as interest blossomed. However, after hitting an all-time high in January of 2022, the volume had begun to dwindle. The following months would see lower values and by June, it was down 93% from its...

Major NFT collection, Doodles, announced the launch of Doodles 2 at the NFT.NYC conference. Doodles also named popular music producer Pharrell Williams as their Chief Branding Officer. Doodles saw its sales volume skyrocket almost 400% and its floor price by 11%, both in the last 24 hours. Meanwhile, the NFT.NYC conference failed to generate enthusiasm...

China’s largest messaging application, WeChat has come forward to introduce rules to strengthen supervision over non-fungible tokes (NFT). As per reports, the platform has prohibited the NFT related public accounts in order to comply with new rules. WeChat issues new rules WeChat, which has more than 1.1 billion daily users, issued new rules regarding the...

The Theta Network (THETA) has emerged as one of the top gainers among the top cryptocurrencies. Its token prices have jumped by a whopping 20% in the past 24 hours. THETA to drop Sony NFTs As the global crypto market records some recovery, Theta Network announced its partnership with Sony Electronics. The tech giant will...

Prices of popular NFT collection Mfers plummeted after the founder "Sartoshi" announced their retirement and handed the collection to the community. The floor...

Hong Kong’s Securities Regulatory Commission warned investors of the risk related to investment in non-fungible tokens (NFTs). The Securities and Futures Commission’s (SFC) this move has amid the recent increase in the hacks and frauds in the NFT...

Gaming retailer GameStop has revealed a new Ethereum crypto and NFT wallet that users can download a beta of starting today. GameStop Launches Beta Version Of A New Wallet For Storing Ethereum Tokens And NFTs As announced by the company in a tweet, the retailer's wallet is now online and users can download it from their...

The Dubai airline Emirates plans to accept Bitcoin payments in the future, as well as launch NFTs on the website, as per a report. Emirates Airline Plans To Add Bitcoin As A Payment Service As reported by Arab News, one of the world's largest airlines has shown intent to add crypto payments and offer NFTs for trading on the company's website. The...

Per data from Token Terminal, OpenSea generated almost as much revenue from transaction fees as the Ethereum blockchain during the period. Even more impressive is the fact that OpenSea achieved the feat without a token or token incentive, the crypto market data aggregator noted. OpenSea competing with Ethereum in fee revenue The total revenue OpenSea...

Recent U.S. trademark data showed that interest in Non-Fungible Tokens is still elevated in 2022. The number of NFT trademark applications filed so far this year has already surpassed all of last year's applications. 1967...

Spotify plans to add Non-Fungible Tokens (NFTs) along with blockchain technology. The objective is to grow artists' income through appending NFTs technology in streaming activities. The proposed actions could bring enthusiasm to both the music and crypto industries. For...

Non-Fungible Tokens (or NFTs) have become a sensational topic of discussion and exploration in the world of both finance and virtual reality. Ever since blockchain technology has taken the world by storm with its application and scalability, alternative uses of blockchain have been constantly evolved and evaluated....

The OpenSea vulnerability which analysts first got wind of a few days ago appears to have not been fixed. According to new...