From NBA TopShots to Hashmasks to CryptoPunks, collectible NFTs are selling like hotcakes. Non-fungible token sales are booming and top marketplaces are seeing record volume levels. The milestone was noted by crypto asset investment firm Paradigm co-founder Matt Huang, who posted a screenshot from NFT marketplace and data tracker CryptoSlam. CryptoSlam also reported that a…
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Nonfungible token art lacks the provable scarcity of “real art.” Non-fungible tokens are currently a major topic of discussion within the crypto space with creators and collectors alike jumping on the bandwagon. However, Litecoin (LTC) creator Charlie is of the opinion that the hype is unsustainable. Tweeting on Monday, Lee said that, unlike ‘real art,’…
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Digital land is breaking new ground in terms of the price it can fetch, sometimes beating out the real thing. A non-fungible token, or NFT, representing digital plots of land has sold for a record $1.5 million in the crypto-tamagotchi virtual ecosystem, Axie Infinity. The platform offers NFTs for ‘Axies’, fantasy creatures that inhabit a…
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Striving to become Ethereum’s DApp hub, MyEtherWallet users can now search for and access the entire suite of Ethereum DApps within their MEW app. Ethereum wallet and interface MyEtherWallet, or MEW, has brought decentralized applications to its 1.3 million monthly users through a new “DApps Browser” feature in the MEW mobile app. The collaboration with…
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“The possibilities of the NFT domain are endless,” said Jehan Chu. In a single purchase, Jehan Chu, co-founder of Hong Kong-based crypto investment firm Kenetic Capital, has bought the ability to issue a seemingly unlimited number of “NFT” subdomains on the Handshake blockchain. According to Kenetic, Chu purchased the .NFT domain extension for $84,000, or…
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Early adopters have scooped up over 15,300 Hashmask NFTs as one “card” has gone on sale for 97 ETH. Hashmasks, a new non-fungible token project has raised over 7,600 ETH (about $10 million) from the sale of more than 15,300 digital collectible cards. The owner of Hashmasks #1 has sold his card named after former…
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While apes rejoiced at the sight of DeFi bags in Cuban’s addresses, he might be preparing for a bearish future. Shortly after a limited edition non-fungible token release, entrepreneur and Dallas Mavericks owner Mark Cuban has called into question the valuations in the NFT space, as well as those in half a dozen other asset…
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The platform stated it would offer “several original artworks” from Justin Roiland as part of his NFT collection. The Winklevoss-owned Nifty Gateway has announced the auction of a crypto art collection from the voice actor and co-creator behind Adult Swim’s cult animation series Rick and Morty. According to a tweet from Nifty Gateway today, the…
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When NFTs and crowdfunding meet, game developers and players can both win On December 6th, just two days after the start of a NFT-backed “card pack” sale for their blockchain-based video game Alien Worlds, the 15-man team behind development studio Daococo sold out of packs after having successfully raised $250,000. While a quarter million might…
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A Malta-based progressive house producer has sold an NFT granting 50% of streaming royalties from an exclusive single to the token buyer. The crypto-powered music streaming platform Rocki has sold its first “royalty income right NFT” — a token granting its owner a 50% share in all royalties generated by a specific track’s streams on…
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