With professionals stepping into the NFT space, the market is set to mature, making digital art a part of traditional collectibles. Art has been serving as the ultimate source of inspiration to many people throughout all of history. In the era of cryptocurrencies and the digitized world, trends change faster than ever. For years, numerous…
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Winner of landmark auction breaks down his investment thesis on NFTs. Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan. The pseudonymous art patron, who was recently revealed to be blockchain entrepreneur Vingaresh Sundaresan, bought the NFT of Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS” for $69 million dollars…
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The NFT exhibition will be part of the “Hermitage 20/21” project. Russia’s State Hermitage Museum, the second-largest art museum in the world, is preparing to host a digital art exhibition involving non-fungible tokens. Scheduled to take place in 2021, the Hermitage’s NFT project will be Russia’s first exhibition in the field of NFT art, the…
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“NFTs are a super exciting way to forge deeper bonds with my supporters,” said musical artist Alex Mansoor. Cryptocurrency exchange Crypto .com will be launching a non-fungible token platform this Friday featuring content from major artists, athletes, and musicians. In an announcement today, Crypto .com said it would be introducing a non-fungible token, or NFT,…
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The TIME NFTs will be auctioned individually and as a collection on SuperRare through March 24. Time magazine is embracing the blockchain digital art movement by auctioning three nonfungible tokens, or NFTs, inspired by some of its most iconic covers throughout the decades. The American news magazine announced Monday that the three NFTs will be…
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Nifty News is a round-up of all the NFT news that’s fit to print. Today: Ja Rule flogs Fyre Festival painting, dance moves are tokenized, and a new record price recorded for licensed NFT sports memorabilia. The latest celebrity to suddenly realize the immense artistic significance of tokenized art (or ‘cash in on’ depending on…
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Brooklyn 99 star Terry Crews is launching his own cryptocurrency, $POWER, where people can own a piece of him and spend it at the local grocery store. Actor Terry Crews, known for his prominent character in the Brooklyn 99 TV series, is launching his own social currency, $POWER, through social crypto platform Roll. I have…
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The satirical piece by Banksy pokes fun at the shallow, bloated art industry… So, what would he think about NFTs? An original artwork by anonymous British street artist Banksy has been burned and turned into a nonfungible token. The NFT will be auctioned next week on the blockchain-based Rarible platform, where users can create and…
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Under the new collaboration, BossLogic will create 2,500 NFTs exclusively for the Ethernity Chain community. Ethernity Chain, a community-oriented nonfungible token platform, is partnering with graphic artist BossLogic to launch an exclusive line of tokenized art pieces for the community. Under the new agreement, BossLogic will create 2,500 NFTs exclusively for the Ethernity Chain network.…
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Async Art is looking to lead the programmable art movement with a new funding round. Async Art, a Silicon Valley nonfungible token platform, has secured over $2 million in seed funding from at least 10 investors, highlighting the growing value proposition of programmable art. The company announced the new raise on Wednesday, highlighting Async’s rapid…
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