Tag: NFT

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3 reasons why Elrond (EGLD) price soared above $245

Elrond price rallied to a record high as the project’s pivot toward NFTs and DeFi attracts new users and investors. As mainstream cryptocurrency adoption increases and more users start transacting on blockchain networks, the need for fast, scalable protocols becomes even more apparent as transaction costs and confirmation times continue to increase.  One protocol that…
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Nifty News: Kevin Smith sells horror flick rights as NFT, Megadeth’s ETH, farming MEMEs …

MEME NFT farming platform launches the new and improved v2, Megadeth NFT nets $18K, and Kevin Smith tokenizes the rights to “Killroy Was Here”. Filmmaker Kevin Smith is releasing his latest horror anthology “Killroy Was Here” as a non-fungible token.  The owner of the NFT will secure the rights to exhibit, distribute, and stream the…
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NFTs by mail? US Postal Service plans to support postage tokens

The government agency reported $73.1 billion in revenue from postage and other services in the 2020 fiscal year. The United States Postal Service will soon be stepping into the nonfungible token market. Not to release artwork or music, but rather to help customers purchase postage. In an announcement on Tuesday, communications-as-a-service platform CaseMail said the…
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Boson Protocol raises $25.8M via public token sale

The new BOSON token will enable users to access the decentralized commerce ecosystem. The project has so far raised $36 million through public and private sales. Boson Protocol, a project that aims to connect physical commerce and smart contracts, has concluded a $25.8 million public token sale ahead of listings on several exchanges, including Bitfinex,…
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NFT gaming and a tsunami of trading volume lift Waves to a new all-time high

Waves price swelled to a new all-time high as NFT airdrops and exchange listings attracted new users to the project’s growing ecosystem. Nonfungible tokens (NFT) have handsomely rewarded early investors over the past few months, especially as they gained mainstream attention thanks to record-breaking digital art sales and well-known influencers like Paris Hilton throwing their…
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Ether price takes on Bitcoin — What’s behind the sharp rise in demand?

Ether remains close to the $2,000 mark after breaking its all-time-high at around $2,150, but what has driven its growth? Breaking new all-time highs, the recent price action of Ether (ETH) took the crypto market by storm and signaled an official start to alt season. Several analysts are predicting that Ether will surpass its previous…
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The chicken or the egg: Why NFTs could be fungible after all

Not to derail the hype train, but NFTs might not be as nonfungible as you think. Among the many offshoots produced as a bi-product of the ongoing cryptocurrency experiment, nonfungible tokens have turned out to be one of the most explosive. In a few short months, over half a billion dollars worth of NFTs changed…
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Mark Cuban says NFTs could disrupt electronic signature firms

The billionaire has proposed using NFTs during Dallas Mavericks games and is a major investor in the marketplace Mintable. Dallas Mavericks owner and Dogecoin proponent Mark Cuban says nonfungible tokens may have the ability to disrupt and even transform industries dealing with digital identity verification and electronic signatures. In an episode of the Unchained podcast…
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Are we just scratching the surface when it comes to what NFTs are capable of?

Counterfeiting, piracy and copyright infringement are all big problems in the digital realm. Could turning products into NFTs help solve some of these issues? Since bursting into mainstream consciousness in 2021 — and even being the subject of a parody on Saturday Night Live — nonfungible tokens have become best known for serving as a vehicle…
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India’s largest crypto exchange launches NFT marketplace after 2,000% token surge

India’s WazirX has launched an NFT marketplace for the exchange of digital assets. The launch comes after a strong month for the exchange’s in-house WRX token. India’s largest cryptocurrency exchange, WazirX, has launched a nonfungible token marketplace for the exchange of digital art, assets, intellectual property and more, reports India’s Economic Times. The launch comes…
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