The sale of the DOG tokens representing ownership of the legendary Doge meme non-fungible token (NFT) raked in USD 45m in a recently completed auction. Meanwhile, current DOG token prices on decentralized exchanges values the NFT at USD 500m. The famous NFT, which was purchased by the digital art collective PleasrDAO for USD 4m in…
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The original Doge meme non-fungible token (NFT), which sold to the NFT collective PleasrDAO in June for ETH 1,696 (USD 4m at the time, more than USD 6m today) today becomes available in “billions of pieces” for anyone interested in owning their share of the iconic internet meme. The distributed ownership of the meme NFT…
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Rakuten CEO Hiroshi Mikitani. Some of Japan’s biggest crypto players are gearing up to make new non-fungible token (NFT) and blockchain moves – with Rakuten, Line and Coincheck preparing new projects. Rakuten, which operates one of the country’s biggest e-commerce platforms, as well an e-pay service, a crypto exchange and content streaming platforms, has announced…
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Four non-fungible token (NFT) projects stood out since their very recent launches: 0N1 Force, CyberKongz, Generativemasks, and Pudgy Penguins, per the latest report by data aggregator and analysis firm DappRadar. The first three have all been launched in August, while the last one was launched in the second half of July – all already recording…
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The majority of ethereum (ETH) from primary non-fungible token (NFT) sales, at 52.3%, continues to circulate among non-entity wallets, while a notable amount of revenue from primary sales is reinvested into NFTs, according to a recent analysis by blockchain analytics platform Nansen. Entity wallets are wallets that Nansen has labeled and attributed to a specific…
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An apartment in Kyiv, Ukraine, that once sold for crypto is set to go under the hammer once again – but this time it will be sold at a non-fungible token (NFT) auction. Per an announcement from the deal’s broker, the crypto- and blockchain-powered real estate sales platform Propy, the apartment in question is none…
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The Texas-based, stock exchange-listed gaming retailer GameStop (GME) has rolled out a website to promote a forthcoming non-fungible token (NFT) platform. Per the website copy, the firm is “building an [NFT] team,” and added that it was now recruiting “engineers (Solidity, React and Python), designers, gamers, marketers and community leaders.” The Read more »Pay, Trade,…
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A leading Asian digital artist named Cody Choi has slapped a 70,000 ethereum (ETH) price tag on a digital artwork being made available as a non-fungible token (NFT) in a move aimed to point out the idiosyncrasies of the NFT market – which he claims “is a mess.” Choi, aged 60 and also a renowned…
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Japan’s most vocal pro-crypto MP has spoken out about his vision for Japan’s crypto regulation – and claims backing non-fungible tokens (NFTs) could help create a new growth engine for cultural exports. The comments came from Shun Otokita of the Japan Innovation Party, the third most-represented party in the Japanese lower house, the House of…
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Dan Larimer, former CTO of Block.one, during the announcement of Voice in June 2019. Block.one, the developer of EOSIO, an open-sourced blockchain software, has decided to close its decentralized social media platform Voice to the public for several months to upgrade it from a fungible to a non-fungible token (NFT)-based social platform, the company said.…
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