Tag: Nonfungible Tokens

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Theta token price sinks 25% overnight after mainnet delay

Theta lost a quarter of its value in a flash dip following the delay of its mainnet launch. After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months.…
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Time magazine to auction 3 NFT covers based on iconic ‘Is God Dead?’ design

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

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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Actionists reinventing art: As it ever was, so shall it ever be (even in crypto)

Tokenizing art could make paintings a more liquid vehicle for investment, engaging people who don’t have access to the high-end art market. Art trumps money. Always. It is important to remember this amid the current crypto art hype. Nonfungible tokens have given digital art the benefit of provable ownership, scarcity and programmability, allowing digital creators…
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Andreessen Horowitz leads $23M round for NFT marketplace OpenSea

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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Not just for gamers and fanboys: Why investors should take NFTs seriously

Some people are making a mint out of NFTs, and almost everyone can try their luck and experience the emerging niche. If you’ve been following the crypto industry, you might have noticed just an ever-so-slight buzz around nonfungible tokens, that is unless you’ve been locked down in an NFT-proof bunker for the last year. Originally…
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Acclaimed digital artist & Beeple collaborator Alberto Mielgo announces NFT drop

Known for his work with the Gorillaz, Spider-Man, and LOVE DEATH AND ROBOTS, the Emmy award-winning artist is preparing a NFT drop You might not know his name, but you’ve probably seen his work. For years Alberto Mielgo has been producing digital art for movies, television, and commercials. Notable works include an episode of Netflix’s…
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Ultra (UOS) hits a new all-time high as blockchain gaming and NFTs boom

Ultra gains momentum as the popularity of NFTs and cross-chain interoperability help propel the UOS token to new highs. Video games and online gaming have become some of the largest industries on the planet over the past 30 years as digital technology and the internet have interconnected people from around the world and transformed us…
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‘I can’t believe you morons actually buy this shit’: Banksy art burned and tokenized

The satirical piece by Banksy pokes fun at the shallow, bloated art industry… So, what would he think about NFTs? An original artwork by anonymous British street artist Banksy has been burned and turned into a nonfungible token. The NFT will be auctioned next week on the blockchain-based Rarible platform, where users can create and…
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Litecoin creator draws parallels between 2021’s NFT and 2017’s ICO mania

Litecoin creator Charlie Lee continues to criticize the NFT industry, seeing the hallmarks of a mania similar to 2017 and even 2013. Charlie Lee, the creator of major cryptocurrency Litecoin (LTC), believes that the ongoing spike in popularity of the nonfungible token, or NFT, industry has much in common with the 2017 initial coin offering,…
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