Tag: non fungible tokens

Amid the growing craze for...

Non-Fungible Token (NFT) unsophistication, elements of fun, and attendant market depth are making the broader NFT space expand immensely. However, one unique quality which at the same time is a limitation is the difficulty to exchange NFTs. As such, this 'positive' shortcoming is the reason they are so difficult to price. To counter the seeming disadvantage of the...

Entertainment giant and media house Fox makes a blockbuster entry to the non- fungible tokens (NFTs) market by launching a $100 million creators fund in partnership with Bento Box entertainment. This mammoth investment comes...

In a major crackdown on the new-age cryptocurrencies, the Thai Securities and Exchange Commission (SEC) has banned all local exchanges from trading exchange-issued tokens, meme coins, fan-based tokens, and other non-fungible tokens (NFTs)....

Mark Cuban, the billionaire investor and owner of NBA Team Dallas Mavericks has been recently in the news after...

The price has Polygon's native crypto MATIC has skyrocketed 32% today making its move above $2.0 At press time, MATIC is trading at $2.13 with a market cap of $13.1 billion. The recent price rally comes as tech billionaire Mark Cuban...

Amid the recent crypto market volatility and the rising dominance of Ethereum (ETH), the debate of ETH vs BTC has sparked with some big players joining the discussion. Wall Street banking giant Goldman Sachs recently published its Global Macro...

From NBA sneakers to legal lingo, and a little bit of everything in between, it's been a busy week in the constantly evolving world of non-fungible tokens. Let's take a look back at some of the week's biggest headlines in the NFT space. This Week's Non-Fungible Token News Floyd 'Money' Mayweather Wants More Boxing icon Floyd 'Money' Mayweather wants his legacy to include...

CryptoPunks are one of the first Ethereum-based non-fungible tokens. These are algorithmically generated unique digital works of art of 24×24 pixel size. There are only 10,000 unique CryptoPunks. Most of the punks are human characters, i.e., 6039 are males and 3840 are females NFTs. Some special categories like Zombie (88), Ape (24), and Alien (9) are...

In the last six months, non-fungible tokens (NFTs) have outgrown almost all other cryptocurrency segments. The world observed digital art being sold for eye-popping sums. For instance, Mike Winkelmann, a digital artist with the pseudonym Beeple, sold his artwork called "Everydays: The First 5000 Days" for $69 million at Christie's. CryptoPunks, another digital art collection created by Larva Labs, is white hot with...

Billionaire Mark Cuban is going big in the crypto game these days! After disclosing his love for...

Non-fungible tokens are not just limited to art and collectibles. They can be applied to anything to make it unique, and movies could be next on the list. On April 14, the Polygon Layer 2 scaling network, previously known as Matic, announced that movies could soon be coming to the platform in the form of non- fungible...

World Wrestling Entertainment (WWE) has finally decided to dabble into the rapidly emerging world of non-fungible tokens (NFTs). As per the latest development, WEE shall be releasing NFTs for its most popular wrestler the Undertaker by this...

It seems many people still do not understand what an NFT is. Some people think it’s artwork, other people think it’s an extreme environmental hazard. We have seen many over-simplified explanations and many overly complicated ones. So we thought we might step in and put it in layman's terms. You keep hearing that phrase, “non-fungible tokens(NFTs)”. It makes you wonder why crypto people...

After digital artwork and the sports entertainment industry, it's the luxury fashion industry excited to dabble in the game of non-fungible tokens (NFTs). As per the recently published article by Vogue Business, luxury fashion...

Ethereum rival Enjin is facing the prospect of posting a massive breakout rally ahead, according to a classic technical indicator and a crucial network update. The mid-cap blockchain project, active since 2009, provides services for building gaming communities and products for game developers. It offers a suite of tools based on a web interface that enables Ethereum digital assets in the form of...

The growing popularity of NFTs is also attracting some of the legacy blockchain platforms in the market. Klaytn, the public blockchain platform by South Korean internet giant Kakao has recently announced its integration with the largest NFT...

One day after testing the waters of selling an NFT song as an NFT, Elon Musk is having a change of heart. The Tesla and SpaceX CEO has decided to drop off...

The suspense behind who's the real buyer for Beeple's Digital artwork NFT that sold for a staggering $69 million, is finally out. Metakoven, the pseudonymous founder of Singapore-based NFT fund Metapurse is...

A day after Beeple's digital artwork sold for a record $69 million, America's...