Fanatics, a top sports merchandise brand, announced on January 5 that it is divesting its 60% stake in its nonfungible token (NFT) firm – Candy Digital. This radical decision comes through owing to the downturn of the sector in the bear market. The Michael Rubin-led firm held the most stake in the sports NFT platform.… Continue reading Fanatics Offloads 60% Of Its Stake In NFT Company Candy Digital: Why?
Tag: NFT sales
Major NFTs See Sales Explode But ETH Remains Unchanged Amid Bear Market
Many major nonfungible tokens (NFTs) recorded a surge in sales and transaction volumes on December 11, with at least one gaining more than 1000%. Sales and transactions of major NFTs hit a surge even though the price of Ether remained mostly unaffected. The recent rally in nonfungible tokens comes amid weakening prices of digital assets… Continue reading Major NFTs See Sales Explode But ETH Remains Unchanged Amid Bear Market
Hilma af Klint Artwork NFTs Result In Foundation Protest
Swedish artist Hilma af Klint’s Foundation erupted in a huge protest when the late artiste’s artwork sold as NFTs on the GODA marketplace. Digital art firm Acute Art and Stolpe Publishing uploaded more than 160 Hilma af Klint artworks as nonfungible tokens (NFTs). These artworks are a part of Hilma’s “Paintings For The Temple” series.… Continue reading Hilma af Klint Artwork NFTs Result In Foundation Protest
Automobili Lamborghini – Drop 3: World Tour
On October 20, Automobili Lamborghini presented their much-expected NFT drops from their ‘The Epic Road Trip’ collection. The incredible NFTs are the latest in the innovative series from the legendary car manufacturer. For clarity purposes, these nonfungible tokens will enable collectors to experience an incredible Lamborghini metaverse road trip on a world tour this month.… Continue reading Automobili Lamborghini – Drop 3: World Tour
Japanese Gaming Behemoth’s Hiring Spree Ahead Of NFT Marketplace
Konami, a Japanese entertainment and video game firm, posted new job openings to grow its Web3, nonfungible tokens (NFTs), and metaverse offerings. The firm is now looking to expand its crypto-versed talent pool while it focuses on the development of Web3 and metaverse “experiences” and an NFT marketplace. This gaming giant company is now the… Continue reading Japanese Gaming Behemoth’s Hiring Spree Ahead Of NFT Marketplace
Catheon Gaming Has 25 Blockchain Games, 50 Million Downloads, And Huge Plans
Catheon Gaming is a blockchain gaming ecosystem with a portfolio of 25 games that have already been downloaded more than 50 million times. Reports suggest that the project is now getting ready to level up. This ecosystem insists that play-and-earn represents “the next wave of disruption” in the $250 billion sector. Catheon Gaming states that… Continue reading Catheon Gaming Has 25 Blockchain Games, 50 Million Downloads, And Huge Plans
Frank Confirmed DeGods Network Is Going 0% Royalties
DeGods, the most successful Solana project up to today, is now updating all of its nonfungible tokens (NFTs) to 0% royalties. Founder Frank DeGods published the announcement through Twitter, making waves among NFT collectors. That controversial decision also raised questions about what NFT royalties are and their importance in the NFT industry. The NFT project… Continue reading Frank Confirmed DeGods Network Is Going 0% Royalties
House Of Lobkowicz Reinstalls Czech Art Financed By NFTs
With the help of NFTs, a Czech noble family by the name of the House of Lobkowicz has unleashed and reinstalled more than fifty priceless works of art in their exhibition spaces in the Czech Republic. In October 2021, they developed and exhibited the Lobkowicz Collections as a component of a Non-Fungible Castle event. Due… Continue reading House Of Lobkowicz Reinstalls Czech Art Financed By NFTs
‘Blue-Chips’ Halve In Value, Free-To-Mint Goblintown NFT Volume Grows
Data collected on the most well recognized nonfungible token (NFT) projects show that critical metrics have dropped with floor prices and market capitalization in the past month. “Blue-chip” nonfungible token (NFT) collections have now seen their floor prices and market capitalization slide over the last 30 days, with some of the well-recognized projects halving in… Continue reading ‘Blue-Chips’ Halve In Value, Free-To-Mint Goblintown NFT Volume Grows
What Is The Wanderers NFT?
The Wanderers is a nonfungible token (NFT) collection that is stored as ERC-721 tokens on the Ethereum blockchain. This collection was launched on August 15, 2021, by Emerald (the programmer), Landon (the sound designer), Nick (the animator), and Wyatt (the illustrator). In case you do not have an idea, Jack Dorsey auctioned off his first… Continue reading What Is The Wanderers NFT?