NFTs have skyrocketed in value since their rise to fame in 2021. Despite fluctuations, the massive price of many NFTs has made them secure collateral when looking for crypto loans. The case of one NFT collector, in particular, has drawn attention, they used two rare CryptoPunks as collateral to [...]
CryptoPunks are one of the most unique and popular collections of NFTs on the art market. A rare CryptoPunk just broke records after being sold for $24 million during the weekend. The transaction is at an all-time high and is almost double the price of the previous record holder. [...]
Nike just filed a lawsuit in one online marketplace for allowing the launch of NFTs based on their brand of shoes. NFTs are an emerging trend, making many people question and discuss the role of trademark law and copyright within society. The marketplace in question is StockX which resells [...]
Ubisoft has tried to enter the world of NFTs and the metaverse with full force but is facing a massive struggle by internal opposition to the change. Earlier this week, an internal message board tried to make another convincing case but failed to win over employees. NFTs and cryptocurrencies [...]
NFTs can be seen everywhere nowadays. From the art market places for which they were designed to their implementation in car companies, gaming companies and even real estate. Many critics have made sharp comments about the actual value of NFTs. Some skeptics claim that NFTs are just empty documents [...]
The infamous OnlyFans is just one of many companies jumping into the most popular trend that has swept the internet by a storm. Тhe intention of the company is to use NFTs in their profile pictures system. The announcement comes with an announcement from the CEO, Ami Gan, which [...]
Facing massive backlash, the World Wildlife Fund (WWF) is stopping the sale of its NFTs. The pushback they received came from environmentalists concerned that the NFT industry, no matter the technology, will leave a significant carbon footprint. The cancellation of the NFT project follows the announcement that came earlier [...]
NFTs are entering every market you can think of, and real estate is no exception. Propy, the real estate startup, has sold its first property backed by an NFT. The property in question is a 2,164-square-foot house located in Gulfport, Florida. The property went through a lackluster auction and [...]
Two historical glass plate photographs of artist Charles Goldie, known for his vivid and beautiful portrayals of New Zealand's Maori people, have been paired with two NFTs. The twist? The auction house in New Zealand that is offering the pieces has suggested the original should be destroyed so they [...]
OpenSea is set to keep on track with its records in January by generating a total volume of more than $5 billion. The company has generated $ 1.3 billion in the last seven days. Still, the number of users actively trading on the platform has decreased by almost 30%, [...]
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