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 LockDealNFT leads with a remarkable $617,880 in sales, firmly dominating the daily NFT market. Solana Monkey Business and …
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SNEAK PEEK Sandbox launches ‘Rise of the Memecoins’ contest, offering 10,000 $SAND for meme-inspired avatars. The contest runs until August …
Cryptocurrency News
SNEAK PEEK SND Genesis Battle Pass topped NFT sales with $1.39 million on Ethereum. Pudgy Penguins gained exposure through VanEck’s …
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SNEAK PEEK Gate.io exits the Japanese market to comply with domestic regulations, halts new registrations, and phases out services. Japanese …
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SNEAK PEEK Solana Monkey Business leads NFT sales with $875K, pushing its all-time volume to $212.48M. gETH Locked Deposit and …
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SNEAK PEEK ApeCoin DAO plans a Bored Ape-themed NFT hotel in Bangkok with a $356K funding request. The proposal includes …
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SNEAK PEEK Trump announces a fourth NFT collection due to strong demand and past success. His campaign raised $3M in …
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SNEAK PEEK Project Dragon launched by Yuga Labs on July 27, 2024, will present a 3D action game with massive …
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SNEAK PEEK PIXFI token surged nearly 50% post-airdrop, reaching a $200M market cap before a slight pullback. Pixelverse airdropped 10% …
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SNEAK PEEK Azarus will enhance Evo 2024’s Twitch streams with real-time viewer interaction using web3 overlay technology. Evo 2024, from …
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SNEAK PEEK Pixelverse integrates Pudgy Penguin to boost Web3 gaming appeal amid NFT market fluctuations. Pudgy Penguins maintains NFT sales …
Cryptocurrency News
SNEAK PEEK Trump plans a fourth NFT launch, citing huge demand and past success in crypto transactions. Emphasis on US …
Cryptocurrency News
SNEAK PEEK Guernsey Post introduces its inaugural crypto stamp series paired with NFTs, targeting collectors and digital enthusiasts. Each crypto …
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SNEAK PEEK Celsius and KeyFi resolved their legal battle with a transfer of valuable digital assets and notable NFTs. Included …
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SNEAK PEEK Eric Wall’s Orb Land project was unable to attract user interest. The Harberger Tax proved impractical in the …