Tag: nonfungibletokens

Dec 01 2021

Deloitte Predicts That Sports NFT Sales Will Double In 2022

We have seen non-fungible tokens (NFTs) make big moves in the sports industry this year. And multinational professional services network Deloitte has said that sports NFTs are not going anywhere. According to predictions that the consulting giant released on Wednesday, sports-related NFTs will account for more than $2 billion in transactions next year. This amount roughly doubles the 2021 figure. Related...

Nov 25 2021

South Korea Financial Regulator May Impose Tax On NFTs

Amid the ongoing controversy surrounding virtual asset taxation in the country, South Korea's Financial Authority recently proclaimed non-fungible tokens (NFT) as taxable. On Tuesday, The Financial Services Commission (FSC) of South Korea, announced that it would start taxing NFTs. According to The Korea Herald, from January next year, this tax law amendment would impose a 20% tax on...

Oct 24 2021

Baseball Legend Willie Mays Drops First NFT To Celebrate 90th Birthday

On Friday, October 22, the Costacos Collection announced the upcoming release...

Oct 23 2021

This Bitcoin Meme Elon Musk Reposted Sold As An NFT For Almost $20k In WETH

Oct 23 2021 Published at Bitcoinist.com under tags  bitcoin btc elon musk elonmusk memes

Tech CEO Elon Musk is a well-known meme fan. In fact, some would call him a meme-lord. He even acknowledged it in his tweet from last summer. Who controls the memes,controls the Universe -- Elon Musk (@elonmusk) June 26, 2020...

Oct 16 2021

Why Steam Banned Crypto Transactions and NFT Games from Its Platform

Earlier today, video game developer Valve banned all NFTs and cryptocurrency related games from its Steam platform. Steam is one of the world’s largest video game platforms, featuring a catalogue of thousands of games alongside 25 million daily concurrent players. Steam Removes All Crypto...

Sep 14 2021

Trippy Bunny NFT Donates $220k Mint Proceeds To Suicide Prevention Foundation

Trippy Bunny NFT, a new Solana-based nonfungible token project, decided that it would donate 100% of its mint sale proceeds to the American Foundation for Suicide Prevention. Trippy Bunny made this announcement on Twitter on Suicide Prevention Day. World Suicide Prevention Day (WSPD) is an awareness day observed on September 10th every year. Since 2003, it has focused on providing worldwide commitment and...

Sep 02 2021

Crypto Exchange OKEx Launches Own Marketplace Following Second NFT Boom

Without a doubt, August was one of the most consequential months for the non- fungible token (NFT) space. NFT prices and trading volume were bleeding out as Ethereum (ETH) continued to pull back from all-time highs throughout the summer. However, with the resurgence in the crypto markets, the very concept...

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