***** + Non-Fungible Tokens (NFTs)

Think Everyone Is Getting Rich Off NFTs? Most Sales Are Actually $200 or Less, According to One Report

A common refrain, amid the ongoing market frenzy surrounding sales of art-related NFTs or non-fungible tokens, has been that they are empowering artists otherwise shut out of the system. Many are jumping in. Following Christie’s record sale of Everydays—The First 5000 Days, a $69 million NFT by the artist known as Beeple, the response from top […]

!!!* NFTs Are Taking Off in the Music Industry. What’s an NFT?

Trying to understand cryptocurrency and non-fungible tokens (NFTs) can be annoying AF, but the amount of cash being made and spent in the crypto space can’t be ignored. Artists and musicians have been independently making millions of dollars by selling digital versions of their art, music, video clips, photos and pretty much any other kind […]

!* Binance Continues Crypto Dominance With New NFT Marketplace

NFT mania has just gone bigger, with Binance, one of the world’s largest cryptocurrency companies, announcing its intention to launch a marketplace for the new species of digital assets. Dubbed as Binance NFT, the platform will see its first light of the day in June. The Malta-based company stated that the new marketplace would bring […]

Emily Ratajkowski getting last word in art controversy with NFT sale

Model Emily Ratajkowski has figured out a timely way to take a dig at artist Richard Prince. Prince used images from public Instagram posts of Ratajkowski and others for his 2014 “New Portraits” series, and the images were printed mostly unaltered — save for a comment Prince added. Ratajkowski tried to buy the piece of her posing nude […]

The Weeknd Makes $2.9 Million on His First NFT Auction

Abel Tesfaye, the platinum-selling R&B artist, also known as The Weeknd, raised over $2.9 million from his first non-fungible token (NFT). He sold the pieces through Gemini-owned Nifty Gateway, an NFT marketplace that sold tokenized work by some very well-known artists.  In addition, the collection will be put together alongside visual artist Strange Loop Studios […]

The future of NFTs: A hype or hope for crypto-economy?

If you’ve heard about Cryptopunks, Hashmasks, NBA Top Shots, or even celebrity tweets being sold for millions, then you’re likely already aware of the craze around NFTs – Non-Fungible Tokens. What is NFT? NFTs are not cryptocurrencies. Cryptocurrencies, such as Bitcoin or Ether are the native payment currencies of a blockchain, a chain of blocks […]

All Your Questions About NFTs, Answered

You’ve likely heard the term NFT being thrown around in recent months. The mysterious blockchain assets have become popular collector’s items, with several artists digitizing their works and offering them up for sale at hefty prices as NFTs. Celebrities have also gotten in on the action — Twitter CEO Jack Dorsey is auctioning off his […]

Digital authentication opens new doors for art, sports collectors

Fans have been flocking by the thousands to the Top Shot online platform to buy short videos of dramatic sequences from professional basketball games, as a new virtual market enjoys astonishing success among collectors, sports fans and art lovers. To the untrained observer, one video clip showed NBA superstar LeBron James in one of his […]

Telos to Launch New Version of De-Fi NFT Bonds

Telos, self-described as “one of the most active blockchain platforms in the world,” has revealed the launch of its T-Bond NFTs, a self-described “new fusion of DeFi and NFTs as a tool for unlocking liquidity,” according to a press release from the group. These bonds are “an innovation in DeFi that allow tokens to be locked […]

Was 2020 a ‘DeFi year,’ and what is expected from the sector in 2021? Experts answer

Experts in blockchain technology and the crypto space take on the question: What impact has DeFi had in 2020, and what can we expect in 2021? Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start […]

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