Tag: Non-Fungible Tokens

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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 come to Saturday Night Live in rap sketch

“Everyone’s making so much money — can you please explain what’s an NFT?” asked Pete Davidson’s Eminem. The craze behind non-fungible tokens, or NFTs, has seemingly reached peak parody after NBC’s famed Saturday Night Live sketch comedy featured it in a skit with United States Treasury Secretary “Janet Yellen.” In last night’s show hosted by…
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Could LEGO be hopping on the NFT train?

A mysterious, since-deleted tweet from the toymaker has piqued the interest of NFT collectors. The LEGO Group, a toy manufacturer best known for its popular interlocking plastic bricks, hinted it may be getting into the latest craze in the crypto space. On Wednesday, the official LEGO Twitter account posted (and then quickly deleted) a message…
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New tech allows crypto users to mint NFTs with ‘proof of presence’

IoTeX’s project uses “verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time,” said Larry Pang. The latest product from IoTeX, a privacy-focused platform for the Internet of Things, reportedly brings the concept of a smartphone’s trusted execution environment with real-world data to the crypto space. Head…
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Crypto .com launching NFT platform with exclusive content from artists

“NFTs are a super exciting way to forge deeper bonds with my supporters,” said musical artist Alex Mansoor. Cryptocurrency exchange Crypto .com will be launching a non-fungible token platform this Friday featuring content from major artists, athletes, and musicians. In an announcement today, Crypto .com said it would be introducing a non-fungible token, or NFT,…
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NFTPs hitting bottom? Charmin joins in on the latest crypto craze

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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True or false? A single NFT can power a European household for 1.5 months

NFTs are coming under scrutiny as more attention is drawn to the carbon footprint of PoW blockchains. The recent boom in non-fungible tokens, or NFTs, has been accompanied with controversy and concern over the technology’s environmental impact due to the computational power required. Out of all transaction types on a blockchain, NFTs are some of…
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NFT representing incinerated Banksy painting fetches nearly $400k

A tokenized version of a destroyed Banksy painting sold for nearly $400,000 on NFT marketplace OpenSea. A non-fungible token, or NFT, depicting an incinerated painting created by renowned British street artist, Banksy, has sold for nearly $400,000. On March 8, the token was sold on NFT marketplace OpenSea for 228.69 Ether — worth roughly $382,000…
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New report predicts NFTs will explode in popularity during 2021

NFTs are pumping right now, with a new report identifying more NFT sales in the last 24 hours than during the entirety of 2020. Canadian-based analytics company NonFungible has released a report predicting that 2021 is poised for “a new Bull Market in the NFT industry.” Although NFTs have been around since ERC-721 was invented…
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‘Why I spent $111K on a digital F1 Car’ — NFT collector

The buyer of last year’s most expensive NFT has finally come forward. In May 2019, a non-fungible token representing the first digital F1 car minted for the blockchain game F1 Delta Time was sold for a record breaking $110,000. The winner of the auction has just come forward, revealing why he brought the elusive NFT.…
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