Digital assets have never seen a higher rise in popularity than last year, with 2021 being defined by influential shifts in the cryptocurrency market. Artists, musicians, and creators of all sorts, talented or otherwise, are finding additional ways to monetize their works with the advent of these new technologies and the communities that arise from […]
NFT
Non-Fungible Tokens’ (NFT) fame is exponentially growing, with various artists and cryptocurrency exchanges adopting the decentralized innovation to release blockchain-based fundraising campaigns to promote gender equality. The hype around NFTs has taken a different turn, with artists worldwide adopting the technology to break the societal wealth gap – or at least try to – in […]
The whole 30,000 of Adidas’ “Into the Metaverse” NFTs were sold in a couple of hours after putting them on sale Friday. Each NFT cost 0.2 ETH, which currently equates to about $765, and the company sold 29,620 NFTs (“Adidas and partners” held onto 380 for “future events”), meaning the company earned more than $22 […]
Former first lady Melania Trump revealed on Thursday plans to join the non-fungible token (NFT) hype by selling its “Melania’s Vision” watercolor painting. The NFT, which also plays an audio recording of Mrs. Trump’s voice, says: “My vision is, look forward with inspiration, strength, and courage.” In her statement of micro-blogging platform, Twitter, the former […]
Collins Dictionary has chosen the term NFT as its word of the year after surging interest in the digital tokens that can sell for millions of dollars brought it into the mainstream. NFT is short for non-fungible token. Collins defines it as “a unique digital certificate, registered in a blockchain, that is used to record […]
Famous gaming platform Epic Games plans to open its doors to blockchain-based payments on its store, following its rival’s announcement to ban blockchain technology and NFT assets on its platform, The Verge reports. Epic is considering the implementation of cryptocurrency technology into its platform, in addition to blockchain-based assets on its game store. The multinational gaming company […]
Non-fungible tokens (NFT) marketplace, OpenSea has finally anchored its platform by fixing any vulnerabilities that could potentially expose accounts to NFT hacks on digital wallets and drain it, Check Point Research finds. NFT’s fame spread on all fronts as a crypto trend that transforms any digital asset into a distinctive blockchain asset or provides users […]
Famous Non-Fungible Tokens (NFT) crypto marketplace OpenSea reported on Wednesday that one of its leading executives has been exploiting the platform’s insider information to cannily market digital collectibles from his wallet. OpenSea disclosed that one of its employees was indulging in a trading scheme conducted by utilizing private crypto wallets to buy and sell NFT collectibles on its site and revealed that […]