Sotheby’s has been dominating the NFT auction space in recent years. In that context, the 275-year-old auction house has launched its secondary NFT marketplace within its metaverse. This platform is a home for fine art nonfungible tokens (NFTs). It marks the firm’s additional expansion into the digital asset space. This development has now set Sotheby’s… Continue reading Sotheby’s Metaverse Introduces Innovative On-Chain NFT Marketplace
Tag: NFT marketplaces
NFT Market Seems Out Of Balance As Sellers Dominate
Since the beginning of April, there has not been one day where the total sellers on the NFT market have not surpassed the total number of buyers. Recent market data has shown that throughout this month, the nonfungible token (NFT) market has constantly seen many sellers, without a single exception so far. Based on data… Continue reading NFT Market Seems Out Of Balance As Sellers Dominate
Microsoft Edge Joins The NFT World With Built-In Wallet
Microsoft’s Edge browser is scheduled to soon feature a built-in wallet for crypto and nonfungible tokens (NFTs). A pseudonymous insider by the name “Albacore” leaked screenshots that showed the new functionality in the past week on Twitter. Since then, the tech giant is yet to make an official comment, but it does appear like the… Continue reading Microsoft Edge Joins The NFT World With Built-In Wallet
Adidas Originals Unveils ‘Virtual Gear’ NFT Wearables
Adidas Originals has confirmed the release of its latest nonfungible token (NFT) offering – virtual wearables. The brand refers to the new product as “Virtual Gear” – an interoperable NFT fashion experience. This launch is a leap forward for the brand with the three stripes as it expands its web3 community and metaverse strategy. Adidas… Continue reading Adidas Originals Unveils ‘Virtual Gear’ NFT Wearables
Industry Executive Highlights Why NFT Fraud Protection Falls On Brand Not Marketplaces
Brands that issue nonfungible tokens must hold the biggest responsibility to protect themselves and their investors from NFT fraud, according to an NFT security executive. Nonfungible token (NFT) marketplaces need to commit to fighting fraudulent NFTs. However, brands should be held as far more responsible for protecting NFT investors. BrandShield CEO Yoav Keren said that… Continue reading Industry Executive Highlights Why NFT Fraud Protection Falls On Brand Not Marketplaces
TON Foundation Allocates $250M To Fund DEX And NFT Tools On TON Blockchain
The TON Foundation, an organization focused on building the Telegram-initiated blockchain project, The Open Network, has successfully launched a new ecosystem fund, “TONcoin Fund,” to support its blockchain-based projects. Their official launching came the same day some countries from Western Africa, including Cameroon, the Democratic Republic of Congo, and the Republic of Congo, announced ready… Continue reading TON Foundation Allocates $250M To Fund DEX And NFT Tools On TON Blockchain
NFTs Help In Addressing The Gender Gap
In recent months, nonfungible tokens (NFTs) have received lots of media attention. However, experts and analysts agree that their effects and impact will spread beyond selling digital artwork and tweets. It is expected to change the way people communicate their ideas forever. Despite the promise of breaking the mold, the global NFT market appears to… Continue reading NFTs Help In Addressing The Gender Gap
NFTs Are The ‘Future Of Digital Assets’ In Sports – PwC Report
Non-fungible tokens (NFTs) have attracted more use cases in the sports industry in the past few weeks, with a new report now suggesting that a lot of people use them to track how fans use various sports and interact with their favorite teams. Price Waterhouse Coopers (PwC), an American-based advisory and consultancy firm, has published… Continue reading NFTs Are The ‘Future Of Digital Assets’ In Sports – PwC Report
Crypto Industry Needs Dynamic NFTs – Vivid Labs CEO, Halsey Minor
Just like many other industry leaders, analysts, and investors who continue sharing their thoughts for the crypto sector, Halsey Minor, the CEO of non-fungible tokens (NFTs) platform provider Vivid Labs (VID), has also joined the big team and shared his views for the crypto industry. In a short interview on February 17, Halsey acknowledged the… Continue reading Crypto Industry Needs Dynamic NFTs – Vivid Labs CEO, Halsey Minor
Top NFT Marketplaces That May Rival OpenSea In 2022
NFT marketplaces have been buzzing with lots of digital collections from different collectors and artists. The hype is never complete without OpenSea, which has grown to become the most popular place to sell, buy, and trade these nonfungible tokens. So far, the platform managed to gain $3.25 billion in volume in the past month, as… Continue reading Top NFT Marketplaces That May Rival OpenSea In 2022