The Russian protest group Pussy Riot is auctioning four non-fungible tokens tied to a new single in order to support a shelter for victims of domestic violence. Russian punk feminist group Pussy Riot has released a new music video and is auctioning a series of four, non-fungible-tokens to accompany its release and raise funds for…
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Nonfungible token projects continue to rally as big-name players dabble in digital assets and the pace of cryptocurrency’s mainstream adoption increases across multiple sectors. Nonfungible tokens (NFT) have risen in popularity over the past couple of months as stories of record-setting multi-million dollar auction sales begin to emerge on a daily basis. While projects like…
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NFTs are coming under scrutiny as more attention is drawn to the carbon footprint of PoW blockchains. The recent boom in non-fungible tokens, or NFTs, has been accompanied with controversy and concern over the technology’s environmental impact due to the computational power required. Out of all transaction types on a blockchain, NFTs are some of…
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Kings of Leon generated $1.45 million to $2 million in sales from their new NFT releases and will donate some of the proceeds to Live Nation’s Crew Nation Fund. The Kings of Leon’s tokenized album and NFTs sale that began on March 5 has generated at least $1.45M, or 820 Ether, in sales in its…
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The announcement ArtStation was launching NFT artworks did not sit well with the platform’s artists, who called for a boycott and threatened to leave the platform. Prominent online art portfolio platform ArtStation has caved in to pressure from artists and environmentally-conscious users hours after announcing a series of non-fungible token, or NFT, drops from several…
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The most expensive single NFT ever sold went for $6.6 million in February. A crypto artist known as “Neitherconfirm” recently listed 26 nonfungible tokens, or NFTs, for sale on OpenSea’s digital marketplace. Things took an unexpected turn earlier Tuesday, however, after the artist changed the images associated with each token from computer-generated portraits into photos of literal carpets. It’s…
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Billionaire investor Mark Cuban is set for a virtual sit down to discuss what he finds exciting in the crypto space, perhaps over a few beers. And it’s live on Cointelegraph’s Twitter feed. “Shark Tank” star and Dallas Mavericks owner Mark Cuban will appear on tonight’s episode of Blockchain & Booze. Cuban is expected to…
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A tokenized version of a destroyed Banksy painting sold for nearly $400,000 on NFT marketplace OpenSea. A non-fungible token, or NFT, depicting an incinerated painting created by renowned British street artist, Banksy, has sold for nearly $400,000. On March 8, the token was sold on NFT marketplace OpenSea for 228.69 Ether — worth roughly $382,000…
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Nonfungible tokens are all the rage right now, but how long will the fanfare last? Nonfungible tokens, or NFTs, have gained significant traction in the crypto space in recent months, with some tokens selling for millions of dollars. Even though the current excitement over NFTs will eventually simmer down, the concept will live on, according…
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Audius price hit a new all-time high after the decentralized music streaming platform surpassed 3 million active users and developers hinted at future NFT integrations. As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today’s most used technologies is bound to increase. This means that it’s only a matter of time…
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