NFT News
What is NFT?
NFT stands for non-fungible token; wherein, non-fungible means unique and irreplaceable. Being a digital asset with one-of-a-kind identifying code, an NFT represents real-world objects like videos, music, arts and in-game items. Purchased and sold online using cryptocurrency, majority of the NFTs are part of the Ethereum blockchain.
Been around since 2014, their craze has evolved in the past few years with more & more celebs and artists trying their luck and building a fortune out of them. It won’t be wrong to say that non-fungible tokens are becoming an increasingly popular way to buy and sell digital artwork. Furthermore, they give the artists and creators ownership of their work. The market for NFTs was worth a staggering $41 billion in 2021 alone, an amount that is approaching the total value of the entire global fine art market. Moreover, about $174 million has been spent on them since November 2017.
Keep up with the latest news related to the NFT marketplace with us. Here, you will find updates and details about anything and everything happening in each and every kind of NFT. We follow the NFT market very closely and ensure our readers remain in touch with news that makes headlines in the NFT streets.
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SNEAK PEEK Neo introduces NEP-24, a groundbreaking NFT royalty standard enhancing transparency and fairness in secondary sales. With NEP-24, creators …
Cryptocurrency News
SNEAK PEEK Ethereum reigns supreme in the daily NFT market, registering over $7.13 million in sales and maintaining its market …
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SNEAK PEEK Bored Ape Yacht Club introduces a feature for members to download customizable 3D avatars. This new capability allows …
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SNEAK PEEK Sky Mavis announces the Bounty Hunter Flash Cup, exclusively for players who excelled in last week’s Axie Classic …
Cryptocurrency News
SNEAK PEEK Shiba Inu introduces cutting-edge fully homomorphic encryption to its blockchain, significantly boosting data security and privacy. Strategic partnerships …
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SNEAK PEEK Telegram’s founder, Pavel Durov, outlines the integration of The Open Network blockchain to enhance user privacy and freedom. …
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SNEAK PEEK Yuga Labs has sold the intellectual property for HV-MTL and Legends of the Mara to Faraway. The move …
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SNEAK PEEK Bored Ape Yacht Club’s NFT floor price has plummeted to its lowest level since August 2021, indicating a …
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SNEAK PEEK NASA introduces virtual reality training for astronauts destined for Gateway, the lunar space station. Gateway, essential to the …
Cryptocurrency News
SNEAK PEEK StepN announces a generous $30 million airdrop to its community, offering 100 million FSL points exchangeable for GMT …
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SNEAK PEEK TNSR’s launch skyrockets to $640 million in volume, redefining market engagement. Community benefits from over $200 million in …
Cryptocurrency News
SNEAK PEEK Witness a persistent downturn in NFT sales volume, marking a significant 14% drop this week. Contrast this with …
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SNEAK PEEK Today unveils a unique gaming landscape with tradeable digital assets and dynamic, AI-empowered characters. Players craft personalized islands …
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SNEAK PEEK Upland announces the launch of its innovative airdrop series at NFTNYC, offering unique NFT game pieces and exclusive …
Cryptocurrency News
SNEAK PEEK Binance NFT Marketplace announces the discontinuation of trades and deposits involving Bitcoin NFTs. Users are urged to withdraw …