Search results for "NFT"

5 Best Solana NFT Marketplaces of 2022

Since the beginnings of cryptocurrencies and blockchain technology, one of the most unexpected developments has been the advent of non-fungible tokens (NFTs). Today, people are jumping at any opportunity to cash in on this expanding sector by creating, buying, and flipping NFTs, with Solana NFT marketplaces being among the most popular platforms for doing so. Solana […]

Why NFT Avatars have Dominated the Marketplaces

The online community of today is nothing without avatars. Their popularity has increased dramatically after Twitter NFT avatars were introduced. Avatars are now often used on a variety of social networks, gaming websites, forums, and chat applications like Discord. Avatars give each user a distinct personality and help them stand out, and in a digital […]

Chinese Tech Giants Vow to Stop NFT Secondary Trading -State Media

Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and “self-regulate” their activities in the market, Chinese state media reported on Thursday. The companies were among 30 firms and institutes that have agreed to the “Digital Collectible Industry Self-Discipline Development Initiative” in which […]

Most Common Uses for NFTs in Everyday Life

When talking about Non-Fungible Tokens – NFTs – many imagine ugly pieces of art sold for millions of real-world dollars. The disruptive and transformative potential uses for NFTs goes far beyond a picture of a Greedy Goat or a Perky Penguin with the promise of riches, passive income, or what have you. What an NFT […]

Binance Scores Cristiano Ronaldo as Partner for NFT Push

Binance, the world’s biggest cryptocurrency exchange by trading volumes, said on Thursday it has signed a partnership with Cristiano Ronaldo for the promotion of non-fungible tokens (NFTs). As part of the multi-year agreement, the Portuguese soccer star and Binance will create a series of NFT collections for sale on the company’s platform, the cryptocurrency exchange […]

The Downfall of NFTs: The End or Just the Beginning?

Is this it? Are we seeing the downfall of NFTs? Is the craze over? Can teenagers go back to working part-time instead of netting fortunes flipping Devious Ducks and Greedy Gorillas? Can the world return to normal, please? Well, the answer is a little bit more nuanced than a simple yes or no, but mostly, […]

Crypto exchange Coinbase opens up NFT marketplace to all users

Coinbase Global Inc is opening up its non-fungible token (NFT) marketplace to all users, the U.S. cryptocurrency exchange said in a Twitter post on Wednesday, a platform which it had earlier rolled out for select users in the United States. Coinbase said its NFT marketplace is in the beta stage and the company is still […]

Shanghai Residents Turn to NFTs to Record COVID Lockdown, Combat Censorship

Shanghai residents are turning to the blockchain to preserve memories of the city’s month-long COVID-19 lockdown, minting videos, photos and artworks capturing their ordeal as non-fungible tokens to ensure they can be shared and avoid deletion. Unable to leave their homes for weeks at a time, many of the city’s 25 million residents have been […]

Buying an NFT for the First Time? Here's What You Need to Know  

Newcomers to the crypto and NFT space often overestimate how complicated it is to participate in the buying, selling, and trading of cryptographic tokens. Although each investment is unique, the basics of investing are usually the same. Whether it’s a piece of art, stocks, cryptocurrency, or buying an NFT for the first time, you need […]

Why do so Many NFT Projects Fail?

Almost one if every 100 starups usually fail to take off. NFT projects are no different, except that number actually jumps up concerningly. For every Bored Ape or Crypto Punk there are hundreds of failed NFT projects that never saw the light of day or fizzled out into obscurity. What are the common denominators that […]