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 Megadeth’s NFTs redefine music fan engagement, bridging real and virtual realms for a groundbreaking experience. Exclusive content and …
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SNEAK PEEK Thirdweb, a provider of crypto development tools, has disclosed a significant vulnerability in their smart contracts, impacting the …
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SNEAK PEEK Tiger Global’s NFT portfolio slashes reflect crypto market caution amid volatility. Coatue Management marks down OpenSea investment by …
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SNEAK PEEK Adam Weitsman’s acquisition of Gold Mega Koda #9969 signals his deep commitment to NFTs and Web3 gaming. Weitsman’s …
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SNEAK PEEK RARI Chain’s creator-centric approach guarantees fair royalties, reshaping NFT economics. Rarible’s stance on creator rights led to a …
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SNEAK PEEK New research studies offer fresh insights into the NFT market, emphasizing the roles of personal experiences, luck, scarcity, …
Cryptocurrency News
SNEAK PEEK Bioniq emerges as a key player in cryptocurrency with a Bitcoin NFT marketplace The platform uses Internet Computer …
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SNEAK PEEK Mad Lads, a Solana-based NFT, reaches a new floor price of 123 SOL or over $7,100. In November, …
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SNEAK PEEK A Bored Ape Yacht Club member named Crumz narrowly escaped a sophisticated scam disguised as an interview opportunity …
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SNEAK PEEK Pudgy Penguins, an Ethereum-based NFT giant, is launching an exclusive ‘Influencer Box’ through Walmart on Cyber Monday. Priced …
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SNEAK PEEK Azuki DAO rebrands to “Bean,” marking a significant shift in strategy. The DAO drops a lawsuit against NFT …
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SNEAK PEEK Square Enix, known for the Final Fantasy series, is venturing into the NFT space with its blockchain game …
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SNEAK PEEK Cool Cats NFTs make the mainstream leap with Macy’s Parade debut and YouTube Shorts series. Blue Cat NFTs …
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SNEAK PEEK Matr1x secures $10M for innovative NFT gaming, led by Folius Ventures and SevenX, signaling a significant industry shift. …
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SNEAK PEEK CoinGecko acquires NFT data platform Zash to expand its data services. The integration of Zash’s NFT data into …