NFT – Page 164 – Ƀitsell X

William Shatner-backed firm teams up with Mattereum for NFT provenance tracking

March 23, 2021

Mattereum and William Shatner’s Third Millennia are collaborating to combat counterfeiting in the expanding nonfungible token space. Blockchain authentication outfit Third Millennia — founded by science fiction icon William Shatner — has partnered with Mattereum, a London-based “digital twin” trading platform, to launch an initiative focused on nonfungible token provenance. “Digital twins” refer to real-world…
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Time magazine to auction 3 NFT covers based on iconic ‘Is God Dead?’ design

March 22, 2021

The TIME NFTs will be auctioned individually and as a collection on SuperRare through March 24. Time magazine is embracing the blockchain digital art movement by auctioning three nonfungible tokens, or NFTs, inspired by some of its most iconic covers throughout the decades. The American news magazine announced Monday that the three NFTs will be…
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China social media star Bart Baker to drop 8 NFTs with DeFine Art

March 22, 2021

NFT mania is reaching Asia as one of the region’s most popular social media influencers is set to tokenize a series of videos. Baker, who has around 24 million followers across multiple Chinese social media platforms, will auction eight unique NFTs as part of the collaboration. One of the NFTs, called The Bart Baker Experience,…
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Painting by avant-garde master Baranoff-Rossine to be auctioned as a NFT

March 21, 2021

Mintable will be hosting the high-priced auction alongside more approachable pieces An early 20th century master who boasts a permanent installation at the Museum of Modern Art is about to get new life on the blockchain. In collaboration with NFT marketplace Mintable, the family of Wladimir Baranoff-Rossine will be releasing a collection of the esteemed…
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Flow’s fully diluted market cap tops $40B as non-fungible tulips go on sale

March 19, 2021

NFT related tokens are surging as digital tulips make an appearance. The NFT craze is showing no signs of slowing down with a newly launched NFT tulip collection epitomizing how some view the current state of the crypto art ecosystem. The NFT collection appears to be an ironic reflection of the tulip mania-like status of…
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Nifty News: Tony Hawk’s ‘final’ ollie, man auctions farts, Star Wars and Marvel NFTs

March 19, 2021

Tony Hawk auctions tokenized ollie, NY man sells NFT farts (with low ‘gas fees’), Star Wars and Marvel NFTs to be burned by the artist and Ripple wants to cash in on the NFT craze. Retired pro skateboarding icon Tony Hawk is the latest celebrity riding the NFT boom, announcing the imminent release of a…
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Andreessen Horowitz leads $23M round for NFT marketplace OpenSea

March 18, 2021

Will this new funding round pave the way for OpenSea to become the Amazon of NFTs? OpenSea, one of the largest digital collectible marketplaces, has secured backing from venture capital firm Andreessen Horowitz, or a16z, and others in a new funding round. According to Andreessen Horowitz, the firm is leading a $23 million Series A…
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Going to pieces: Fractionalized NFT projects gather steam

March 18, 2021

Two new projects aim to bring NFTs to the masses by breaking them apart. Non-fungible tokens and crypto art have taken the industry by storm in 2021 and a number of projects aim to fractionalize pieces of NFTs to give collectors’ partial ownership rights. Projects that break apart, or fractionalize, non-fungible tokens are gaining interest…
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NFTPs hitting bottom? Charmin joins in on the latest crypto craze

March 17, 2021

Who knew we’d still be competing to buy toilet paper in 2021? The non-fungible token market isn’t limited to digital sports collectibles and art connoisseurs — big brand names are getting in on the action too. Toilet paper manufacturer Charmin listed five different versions of its non-fungible toilet paper, or NFTP, for sale on Rarible’s…
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US-based crypto users likely still have to pay taxes on NFTs, says CNBC

March 17, 2021

“If you exchange crypto for any other asset, you immediately recognize a capital gain or loss,” said Robert Frank. Tax season is almost upon crypto users based in the United States, and even if they plan on keeping their assets digital, nonfungible token — or NFT — buyers might not get off scot-free. According to…
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