The NFTs dream is not dead, but it has taken a big non-fungible beating. The market shone gloriously in 2021 as crypto-rich speculators spent billions of dollars on risky assets, pumping up prices and profits. Six months into 2022, it is looking ugly. Monthly sales volume on the biggest NFT marketplace, OpenSea, dropped to $700… Continue reading The Bonfire Of The NFTs
Tag: nonfungible token (NFT)
Annual NFT Event “NFT.NYC” Kicks Off, Expected To Host Over 15,000 Attendants
The annual NFT conference NFT.NYC, one of the largest non-fungible token events, kicked off its fourth anniversary, celebrating the diversity of NFTs across 16 sectors, including art, film, sports, and ticketing. NFT.NYC is a three-day conference that started on June 20 will end on June 23, 2022, and will serve as a global melting pot… Continue reading Annual NFT Event “NFT.NYC” Kicks Off, Expected To Host Over 15,000 Attendants
Prada Launches New Fashion NFT, As P2E Gaming Grows In India And Hong Kong
The non-fungible token (NFT) space continues thriving despite the recent general crypto market dump, with Prada Timecapsule, Eurovision Winner Kalush Orchestra, and RTFKT, among others, announcing crypto developments this week. Mid this week, Prada, an iconic fashion brand, launched its first independent NFT, featuring the Prada Timecapsule. The recent development appears a few months after… Continue reading Prada Launches New Fashion NFT, As P2E Gaming Grows In India And Hong Kong
Steve Irwin’s Family Zoo Unleashes NFTs To Conserve Wildlife
As the crypto and NFTs markets continue expanding every day, more organizations, personalities, and corporations are increasingly joining the space. The latest entrant being the Australian Zoo, “Home Of The Crocodile Hunter,” now planning to launch NFTs to safeguard wildlife. On May 10, 2022, the Australian Zoo “Home of The Crocodile Hunter” announced a successful… Continue reading Steve Irwin’s Family Zoo Unleashes NFTs To Conserve Wildlife
Casino Royal Takes NFT-Powered Gambling To Higher Levels
In case you ever wanted to own a virtual casino, the Casino Royal NFTs are here to make it happen. The ambitious project strives to revolutionize virtual gambling by empowering its community. From the passive earnings to charity contributions and IRLs, Casino Royal has spent a lot of utility in the Metaverse and IRL. The… Continue reading Casino Royal Takes NFT-Powered Gambling To Higher Levels
World’s First Supercar Ownership NFT Unveiled In Dubai
The first supercar ownership non-fungible tokens (NFT) series in the world was launched in Dubai on April 22. Interestingly, the first three NFTs sold within minutes. During the unveiling ceremony, buyers purchasing the NFT got physical and digital artworks by Idriss B coupled with a month of owning and driving a Mercedes – AMG GT… Continue reading World’s First Supercar Ownership NFT Unveiled In Dubai
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
Neon CEO Narrates The Birth Of First NFT ATM In New York
Jordan Birnholtz, the co-founder and chief marketing officer of Solana-based non-fungible marketplace Neon, has shared the story about the birth of the first-ever NFT ATM in the financial district of New York. In a March 2 short interview, Birnholtz explained how the first-ever automated teller machine (ATM) for non-fungible tokens (NFT) came to life in… Continue reading Neon CEO Narrates The Birth Of First NFT ATM In New York
Ethlas To Unleash Jam-packed Utility F2P, P2E NFTs Games This Week
Ethlas, a free-to-play and play-to-earn blockchain game finance (GameFi) Metaverse on Polygon chain, is set to release a range of NFT-powered (non-fungible token) games later this week, with the gaming platform aiming to offer the nascent crypto space the first taste of free-to-play (F2P) and play-to-earn(P2E) gaming. Notably, cryptocurrency gaming has rapidly changed the public… Continue reading Ethlas To Unleash Jam-packed Utility F2P, P2E NFTs Games This Week
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