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Tag Archives: Non-Fungible Token (NFT)

Celebrating May The 4th: StarColl NFT Collection Includes Over 800 Star Wars Collectibles

The mania of non-fungible tokens has intertwined with another massively popular trend for the past nearly half a century – Star Wars. Fans of the iconic space franchise will be able to interact with over 800 collectibles built as NFTs called StarColls. May The Force Be With NFTs QANPlatform – a hybrid DLT platform enabling the development of dApps, DeFi projects, and NFTs – announced plans to connect the world of non-fungible tokens and the Star Wars universe. In a press...

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NFTs and Taxes: What You Should Know

While many are just trying to wrap their head around what NFTs are, crypto art sales have boomed in the last couple of weeks. NFTs, or non-fungible tokens, have created a vast new market of blockchain-based digital assets to buy and sell. However, most buyers and sellers are probably not aware of what that might mean in regards to NFTs taxation. This topic is especially important in the light of the tax proposal made by US President Joe Biden. How are NFTs taxed in the United...

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Tom Brady Football Card Sold For $1.7 Million in Litecoin

An anonymous buyer purchased a signed football card of Tom Brady for about $1.68M worth of LTC at an auction presented by Goldin Auctions. The company revealed that this is the most expensive item to be paid in cryptocurrency since it started accepting such payments. LTC in Exchange for a Football Card Cryptocurrencies have intertwined with American football as Goldin Auctions revealed a massive purchase at their auction with one of the most popular digital assets. The...

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Justin Sun’s JUST NFT Fund Has Released the First-Ever Picasso NFT

NFT fans will be able to enjoy digital visualizations of Picasso’s work as non-fungible tokens courtesy of Justin Sun’s JUST NFT Fund. This initiative is Sun’s latest attempt to bridge the gap between traditional art and its digital counterparty. JUST NFT to Introduce Picasso’s Work To take advantage of the growing demand for non-fungible tokens, Justin Sun, TRON’s founder and BitTorrent’s CEO, introduced a new development last month called JUST NFT Fund. Shortly after, Sun...

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Hip Hop Titan Eminem Announced an NFT Collection

15-time Grammy award winner Marshall Bruce Matters III – better known by his stage name Eminem – has officially joined the NFT craze by dropping a collection of his own. The digital set, dubbed Shady Con, comes after a partnership with Nifty Gateway. Stans Preparing to Buy Shady Con CryptoPotato speculated with the idea of Eminem getting into the NFT game last week after a mysterious tweet by the legendary hip-hop artist. While the odds seemed somewhat slim, the Real Slim...

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NFTs: Trend is Cooling Off, Will it End Like ICOs in 2018?

Following the peak in May, the global Google searches for “NFT” have been gradually decreasing. With the numerous assumptions that the NFT market is in a bubble state and the comparisons with the ICOs from 2017/2018, the question arises if non-fungible tokens could be bursting soon. NFT Searches Drop Sharply What was 2020 for decentralized finance is 2021 so far for non-fungible tokens. Although NFTs were not invented this year, their popularity saw a massive boost in the...

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Snoop Dogg Celebrated DOGE Day With a Humurous Galactic-Themed Video

It seemed somewhat inevitable that the hip hop legend Snoop Dogg will get involved with DogeDay on 4/20 (April 20th). The famous rapper posted a video that included Shiba Inu – the dog bread that inspired the meme coin – and thanked Elon Musk for providing him with a spacesuit for a trip to the moon. Snoop Dogg’s DogeDay Video on 4/20 Taking advantage of the massive popularity boost of Dogecoin, the community started a trend a few weeks back, indicating that 4/20 (April 20th)...

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IBM is Working to Turn Patents Into NFTs With the Help of a “Patent Troll”

IBM does not want to give up when it comes to the application of Distributed Ledger Technologies for corporate purposes, and although its blockchain division did not live up to the expectations, this time, they are hoping to achieve success through the application of business use cases for NFTs. According to a Press Release shared on April 20, IBM is teaming up with patent marketplace provider IPWe to tokenize patents in the form of NFTs and put them on a marketplace that...

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Will The Real Slim Shady Get an NFT? Eminem Curious About an NFT-Related Video on SNL

NFTs are undoubtedly one of the hottest trends in the cryptocurrency industry and have expanded to sportspeople, artists, and musicians. In fact, musicians were among the first to interact with non-fungible tokens and, according to a recent mysterious tweet, Eminem could be next in line. Is Eminem Looking to Get on the NFT Wagon? What do The Undertaker, Tom Brady, Pelé, Justin Sun, Lindsay Lohan, the Winklevoss twins, Logan Paul, Paolo Maldini, and William Shatner, among...

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FIFA World Cup Champion Pelé NFT Collection to Drop on Ethernity Chain

The sector of non-fungible tokens has reached the living soccer legend, Pelé. The Brazilian will have his own NFT collection honoring his legacy, dropping on May 2nd on the popular Ethernity Chain platform. 90% of the proceeds will be donated to the Pelé Foundation. Pele’s Legacy to Live as NFTs Edson Arantes do Nascimento, better known in the soccer world as simply Pelé, is the latest celebrity to embrace the rapidly growing world of non-fungible tokens. According to a press...

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