Non-fungible tokens (NFTs) are increasingly gaining popularity, despite their current market downturn, with many investors taking NFT flipping as a “trading strategy” to generate revenue. DEXterlab, the blockchain monitoring Software Company, conducted an online survey on Twitter which involved more than 1,300 people to determine the NFT buying behavior from late May 2022 to early… Continue reading Survey Finds NFTs Flipping Is Less Profitable For Over 50% Of Investors
Tag: business
What Is NFT Music?
The explosion of the world of nonfungible tokens (NFTs) has now grown beyond GIFs, art, virtual real estate, video game items, and collectibles to include NFT music. Today the musicians joining the space are standing to make millions of dollars by selling digital versions of their music and art. When it comes to the NFT… Continue reading What Is NFT Music?
Web3 Increased Funding Is A Boost To The NFT Market
In recent months, more institutions and individuals seem to be betting their money on Web3 which appears to be helping the NFTs sector thrive further. KuCoin crypto exchange’s venture capital arm and nonfungible token (NFT) marketplace has confirmed their launch of a $100 million “Creators Fund” to assist in bootstrapping early-stage NFT projects at the… Continue reading Web3 Increased Funding Is A Boost To The NFT Market
NFTs Reform Photography Art Marketing Strategies
Any photographer with an internet connection now has the same opportunity to create and monetize artworks with the aid of the new non-fungible token (NFTs) technologies. In this case, more professional and amateur photographers are likely to join the budding space, willing to set floor prices for their artwork. For the photography arts to remain… Continue reading NFTs Reform Photography Art Marketing Strategies
How NFTs Revolutionize The Way Photographers Create Content
The continuing growth of the non-fungible tokens (NFTs) and Metaverse sectors is gradually affecting several art industries. Photography NFTs, which have been relegated to the secondary role since 2021’s generative art craze, are slowly regaining much traction lately. Since their explosion last year, NFTs are becoming prime areas for innovation and entertainment, with many now… Continue reading How NFTs Revolutionize The Way Photographers Create Content
Ukraine Unveils NFT Museum ‘To Keep The Memory Of War’
The Ministry of Digital Transformation in Ukraine has launched an online nonfungible token (NFT) museum. This museum strives to preserve the timeline of major events beginning with the Russian military invading the nation. In a March 25 tweet, Ukraine’s minister of digital transformation Mykhailo Fedorov stated that the government launched an initiative with nonfungible token… Continue reading Ukraine Unveils NFT Museum ‘To Keep The Memory Of War’
Sham NFTs Cause Marketplace Shutdown – Experts Weigh In
The nonfungible token (NFTs) platform famous for minting Jack Dorsey’s first tweet has suspended all NFT operations amidst forging and illegal activity claims. Rampant issues that are related to minting phony nonfungible tokens (NFTs) have forced the popular marketplace Cent to stop some of its operations. Launched in 2017, Cent started as a “social network… Continue reading Sham NFTs Cause Marketplace Shutdown – Experts Weigh In
Notable VCs Rush Into Crypto And NFT Funding In The Past Few Weeks
Venture capital firms seeding into the crypto industry indicate no signs of slowing in 2022, with major investors continuing to endorse promising startups in niche industries spanning the metaverse, non-fungible tokens (NFTs), and play-to-earn (P2E) decentralized applications “GameFi.” Animoca Brands Leads $7.5M NFT3 Raise Animoca Brands, a Hong Kong-based blockchain game and virtual property developer,… Continue reading Notable VCs Rush Into Crypto And NFT Funding In The Past Few Weeks
FarmVille Developer Zynga To Unleash First NFT Game In 2022
Mobile gaming behemoth Zynga has now outlined plans for the nonfungible token (NFT)-based games and Web3 acquisitions coming later in the year. San Francisco-based game developer Zynga, mostly known for the FarmVille and CSR Racing series, has announced its plans to release its first blockchain and NFT-based games this year. This billion-dollar game studio first… Continue reading FarmVille Developer Zynga To Unleash First NFT Game In 2022
GameStop Thriving On Rumors Of Microsoft NFT Game Partnership
The executives from Immutable X and Microsoft seem to have hinted that the software behemoth may also be teaming up with GameStop for NFT games. In the wake of that information, the stock price of the popular video game store chain GameStop (GME) gained around 13% within a day. These gains came amid rumors circulating… Continue reading GameStop Thriving On Rumors Of Microsoft NFT Game Partnership