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 GoDaddy teams up with Ethereum Name Service (ENS) to connect ENS names with GoDaddy domains for easy crypto …
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SNEAK PEEK Taproot Wizards’ Quantum Cats NFTs triumph over technical glitches, amassing $11.3M in Bitcoin. 2,681 Quantum Cat NFTs snapped …
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SNEAK PEEK Court rules against Ryder Ripps and Jeremy Cahen, ordering nearly $9 million payment to Yuga Labs. Decision underscores …
Cryptocurrency News
SNEAK PEEK Bitcoin Ordinals sales experienced a sharp 61% decline in January, falling to $335 million from December’s record high. …
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SNEAK PEEK Art Blocks acquires NFT marketplace Sansa to enhance its ecosystem and establish a premier destination for generative art. …
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SNEAK PEEK Astar Network plans to launch Astar zkEVM Powered by Polygon’s mainnet in February 2024, offering a Layer 2 …
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SNEAK PEEK OKX boosts focus on Bitcoin NFTs due to rising market interest. Expansion to include Atomicals, Runes, and Doginals …
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SNEAK PEEK Bryan Johnson enters the NFT world with a unique collection created by artist Degen Poet. The Blueprint project …
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SNEAK PEEK Darewise Entertainment partners with DFZ Labs, creator of Deadfellaz, in a strategic move to enhance Web3 gaming. The …
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SNEAK PEEK Cristiano Ronaldo surprises NFT holders in a thrilling football showdown. Binance-backed NFT event showcases Ronaldo’s dedication to his …
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SNEAK PEEK Nifty Island beckons with cross-chain integration, promising exciting quests and rewards, drawing gamers into its nostalgic virtual universe. …
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SNEAK PEEK The 1990s classic game Doom is now playable on the Dogecoin blockchain, marking its 30th anniversary. Developer Mini …
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SNEAK PEEK Web3Intelligence secures a notable $4.5 million in funding, gearing up to launch its innovative token, DOPE. The new …
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SNEAK PEEK Magic Eden, the renowned NFT marketplace, announces collaboration with Non-Fungible DAO to introduce a new crypto token, “NFT”, …
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SNEAK PEEK Rario, a cricket-themed NFT platform, announces the closure of its current product amid management and industry challenges Plans …