Auction house Sotheby’s has revived its “Glitch: Beyond Binary” NFT auction after facing backlash over lack of diversity with the initial launch. The art sale will open on April 19 and feature 34 lots of digital art from different artists involved in the “glitch art” movement, the auction house said in a tweet last week. ……
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According to Quaison Carter, the co-founder and CMO of the location-based NFT platform Lostworlds, non-fungible tokens (NFTs) are still not widely used due to what he called “user friction.” Carter, however, insists that the value of NFTs will persist for “as long as there are communities willing to use them.” The Role Played by PFP…
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Donald Trump, the 45th President of the United States, has raked in up to $1 million from the sales of his digital trading cards. According to a filing with the US Office of Government Ethics, the former US president earned between $100,001 to $1 million from CIC Digital, the company behind the sale of NFTs featuring…
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According to Mastercard, the payments giant has launched non-fungible tokens (NFTs) that grant access to the Mastercard Artist Accelerator program, designed to support emerging musicians. Developed in collaboration with Polygon, the NFT project highlights Mastercard’s intent to embrace Web3 technologies. Mastercard Launches Second NFT Offering In January, Mastercard announced its partnership with Polygon to support…
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Ken Timsit, is Head of blockchain startup accelerator Cronos Labs and Cronos Chain.__________ Non-fungible tokens (NFTs) were perhaps the most publicly followed hype cycle, with celebrities from Justin Bieber to Madonna dropping NFT collections for their fans over the past couple of years. Without an understanding of the potential benefits of NFTs as powered by…
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Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the last seven days. NFT sales rose 7.28% and transactions grew by 2.29% during this period, but the number of digital collectible buyers decreased by 4.34%. NFT Sales Improve This Week, Rising 7.28% Higher Sales of non-fungible tokens (NFTs) have trended…
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Fabian Vogelsteller, the visionary behind the LUKSO project, aims to establish an all-encompassing ecosystem for creative professionals by “constructing a comprehensive toolset, ecosystem, and marketplace centered around NFTs, grounded on a universal profile.” Renowned for developing the ERC-20 and ERC-725 token standards for Ethereum (ETH), Vogelsteller has been instrumental in formulating a rule set for…
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After the Ordinal inscription process gained significant traction on the Bitcoin blockchain with more than 800,000 inscriptions to date, a new trend of non-fungible token (NFT) technology has emerged called Bitcoin Stamps. The image-storing technique is a new way of storing images on Bitcoin, and so far, more than 8,000 stamps have been minted. From…
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Sales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen its strongest quarter since early last year, reaching a trading volume of $4.7 billion, despite a weaker March. Trump NFTs Spike as Former President…
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Digital trading cards tied to Donald Trump, the 45th President of the United States, have seen a spike in price following news that a grand jury in Manhattan voted to indict him. According to NFT data aggregator NFTPriceFloor, the floor price of Trump’s NFTs currently sets at 0.499 ETH, or over $900 at current rates. In…
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