The NFT craze has reached the NBA, with digital collectibles grossing $230 million in sales, according to Dapper Labs. Dapper Labs, the creator of the CryptoKitties game, is helping the National Basketball Association, or NBA, become a magnet for digital collectibles. NBA Top Shot, a marketplace for non-fungible tokens, or NFTs, has generated over $230…
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The NFT market continues to expand, with upcoming tokens based on a mainstream TV show. Curio, a platform which sells non fungible tokens, is helping to bring to life NFTs based on the TV series American Gods. The show is based on a novel of the same name by author Neil Gaiman. “We are working with…
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The innovative NFT includes a special link that is accessible only by its owner, conferring rights to use audio files for their own purposes. NFTs are being used to explore a new business model that puts music makers back in control of sales and copyright issues. Grammy winning producer Illmind released what he calls the…
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Beeple’s Crossroads NFT has been resold for $6.6 million, more than 100 times its original price, and smashing the previous record of $1.5 million for an individual NFT. Buzzy digital artist Mike Winkelmann, aka Beeple, made NFT history yesterday with his piece, “Crossroads”, netting $6.6 million on the secondary market via Nifty Gateway. Like many…
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The growing popularity of NFTs and recent exchange listings helped lift Enjin Coin to a new all-time high. Non-fungible tokens (NFT) are rapidly becoming a focal point of the cryptocurrency market as evidenced by stories of millions of dollars being raised in minutes for one-of-a-kind tokenized art pieces and rare collectibles that traders rush to…
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Former baseball player Micah Johnson sold $2 million worth of NFTs depicting his sculpture. Micah Johnson, a former MLB player-turned artist, sold a whopping $1 million worth of tokenized art in just one minute on the Winklevoss-owned NFT marketplace Nifty Gateway. The auction, which launched on Feb. 21 and lasted for 28 hours, generated $2…
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NFTs are pumping right now, with a new report identifying more NFT sales in the last 24 hours than during the entirety of 2020. Canadian-based analytics company NonFungible has released a report predicting that 2021 is poised for “a new Bull Market in the NFT industry.” Although NFTs have been around since ERC-721 was invented…
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The virtual world is celebrating in style with “live” DJ sets and a new club reveal User-owned virtual world Decentraland is celebrating its one-year anniversary true to form with a virtual party open to all. “Relive the past 12 months of events, competitions, exhibitions, gatherings and more with messages from the community and the results…
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With a charity and some slapdash art theory as a cover, a copycat makes off with 512 ETH in NFT sales. As the Crypto Twitter community debates the fair value of Cryptopunks and other NFTs rising to sky-high valuations, there’s at least one clear sign of the digital collectibles market growing irrational: An individual posing…
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IOST price has increased by 650% in 2021, propelled by DeFi integrations, NFT functionality and staking support from major exchanges. Keeping up with the latest trends in cryptocurrency is a must for projects that want to stay relevant and continue to gain market share. The hype is currently swirling around decentralized finance (DeFi) and nonfungible…
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