In this week’s newsletter, read about some of the most popular nonfungible token (NFT) collections and top metaverse properties taking massive price hits in...
NFT News
NFTs (Non-Fungible Tokens) are making waves in the digital world, transforming industries and creating new possibilities. In the art market, NFTs enable artists to tokenize and sell their digital creations, blurring the lines between traditional and digital art. Sports and entertainment industries are leveraging NFTs for exclusive collectibles and fan engagement. Virtual real estate in blockchain-based virtual worlds is gaining popularity as users buy, sell, and develop virtual properties. Concerns about the environmental impact of NFTs are being addressed through energy-efficient alternatives. NFTs are also expanding to tokenizing real-world assets, opening up new opportunities for ownership and investment. The future of NFTs holds immense potential for innovation and disruption.
The CEO of Pudgy Penguins, a nonfungible token project that recently launched a line of “phygitals” on Amazon despite the bear market, has advised upcoming...
The non-fungible token (NFT) project Pixel Penguin has recently been accused of being a “charity project rug” by blockchain investigator ZachXBT...
In a significant move towards the integration of cryptocurrency in mainstream gaming, Nike’s non-fungible token (NFT) platform, .Swoosh, is set to be...
Evertas, an insurance company that specializes in digital assets, has recently announced an expansion in coverage limits and the inclusion of mining operations...
The cybersecurity unit of the Hong Kong Police Force has launched CyberDefender, a new metaverse platform designed to educate the public about the potential...
Rumors circulate that Grand Theft Auto VI may incorporate cryptocurrencies, sparking expectations that the highly anticipated game will feature digital assets...
Social platform Reddit is close to breaching 10 million holders of its collectible avatars, or “Reddit NFTs,” nearly 11 months after its launch in July 2022. ...
NFT royalties provide creators with a sustainable source of income for their art and digital content. This model can benefit multiple creators, as payments can...
