Increasing volume and TVL on QuickSwap, along with steady growth in the number of projects joining Polygon have analysts suggesting that MATIC price is undervalued. Recently layer 1 solutions like the Solana (SOL) and Cosmos (ATOM) have grown in prominence thanks to each network’s faster transaction times and lower fees when compared to the Ethereum network.…
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NFT collectibles are blowing up, but are they a bubble waiting to pop or a revolution waiting to explode? Unique items have long been attracting collectors who are willing to pay top dollar to get them. Paintings, baseball cards, stamps, vintage cards and rare coins have all been sold at huge premiums to collectors in…
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Are there any pitfalls in NFT taxation according to the current U.S. laws? Seems like we now all have stories starting with, “What I did during the pandemic…” Most begin with cleaning out the closet and, hey, guess what? That’s where my story starts, but I bet you can’t guess where it ends! Let’s start…
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Among the digital artwork is a piece created as a tribute to late actor Chadwick Boseman, with the proceeds from the auction benefitting the Colon Cancer Foundation. A project will be distributing nonfungible tokens, or NFTs, in the gift bags of 25 actors, actresses, and directors nominated for their roles in feature films. According to…
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Solana price is pushing toward new highs as an increasing number of DApps, DeFi projects and stablecoins build platforms on the network. The arrival of institutional investors and the rise of decentralized finance (DeFi) has been an incredible boon for the entire cryptocurrency sector but it has also highlighted a number of persistent limitations that…
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The new marketplace is said to provide a more affordable option for artists launching digital artwork and other rare collectibles. It also lets them donate a portion of their proceeds to charities. NFTb, a nonfungible token platform built on the Binance Smart Chain, is launching a new version of its marketplace focused on supporting social…
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Why do artists need NTFs, and what can be done with such tokens, besides buying and selling? Here is the future of NFTs and blockchain. The beginning of 2021 was marked by an unprecedented high interest in nonfungible token, or NFT, technology in various fields, the peak of which occurred in March. Nowadays, news about…
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The highest bid is currently $8,988, with 12 people having made an offer for the musical NFT. The Rolling Stones lead singer Mick Jagger is jumping into the nonfungible token craze to help independent music venues that have been adversely affected by the pandemic. In an announcement from the music legend on Thursday, Jagger said…
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The indie NFT platform is bringing an artist-first ethos to its design and events. Not all NFT platforms are for newly-rich crypto investors to flaunt their wealth, as one project is proving. As the calls from artists and activists grow louder to reduce the carbon footprint of NFTs, one indie platform on environmentally-friendly proof-of-stake blockchain…
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Crypto YouTuber EllioTrades and law professor Edmund Schuster debated the value of NFTs and the role of blockchain in digital collectibles. At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens with Edmund Schuster, associate professor of law at the…
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