The thriving global food & beverage NFT market is expected to record extensive growth in the coming years. This sector is expected to grow into a $2.1 billion industry by 2032 according to a report. The massive growth trajectory is mainly supported by the adoption of blockchain technology and the intensive demand for traceability and… Continue reading NFTs In Food And Beverage Market Increase Appetite
Tag: NFT use cases
Croatian Web3 Startup Gives Lifetime Spotify And Netflix Membership Through NFTs
On July 8, Web3 subscription and ticketing provider Revuto stated that a novel subscription model for Spotify and Netflix would go into operation using a nonfungible token (NFT) solution. The subscription-based unique nonfungible token is capped at 10,000 and the buyers would get a digital debit card together with the NFT to pay for their… Continue reading Croatian Web3 Startup Gives Lifetime Spotify And Netflix Membership Through NFTs
What Is The Future Of NFTs?
Nonfungible tokens (NFTs) felt like all the rage in 2021. Celebrities like Reese Witherspoon and Snoop Dogg came in sporting 6-figure JPEGs as their profile pictures. In the meantime, Beeple’s “Everydays: The First 5,000 Days” NFT sold for over $69 million at Sotheby’s auction house. Additionally, the NBA and Dolce & Gabbana dived into the… Continue reading What Is The Future Of NFTs?
Anonymous Fox On: NFTs For Good
New does not always mean that the new product is evil. It is not even essentially true when the new product (NFTs) in the market is underpinned by profit motives and centralized institutions. Nonetheless, every tool, every person, every resource (and everything generally) exists on some form of spectrum. On one side, there is the… Continue reading Anonymous Fox On: NFTs For Good