Tag Archives: Non-Fungible Token (NFT)

The NFT marketplace of the leading cryptocurrency exchange will host the digital collections of soccer legends such as Alessandro Del Piero, Christian Vieri, and Gabriel Batistuta. With the growing demand for non-fungible tokens, Binance launched such a marketplace earlier this year and has already become the home of many digital collections, including some from the soccer space. The company announced the latest NFT set to go live on its platform in a press release seen by...

The leading non-fungible token (NFT) peer-to-peer marketplace – OpenSea – crossed the mark of $10 billion in all-time trading volumes. Interestingly, this number stood at “only” $1 billion in until August this year. $10 Billion And Counting Non-fungible tokens have become highly popular throughout the ongoing year, especially during its second half. Following the developments in the space, OpenSea – the hegemon in the NFT universe – has recently surpassed $10 billion in total...

SushiSwap, the popular decentralized exchange that saw the light of day last year, will enter the non-fungible token and metaverse spaces. It will do so by releasing a platform aiming to combine the best from both worlds and the initial v0 campaign will go on for ten weeks. Shoyu Comes to Life The press release shared with CryptoPotato informed that the name of the new initiative is Shoyu and the official launch date is November 3rd. This comes just five months after the...

The metaverse is where all the rage is now, and Enjin has ambitious plans to support projects in its ecosystem designed towards a decentralized metaverse. Consequently, the blockchain-powered gaming platform announced the formation of a $100 million fund on November 4th. Dubbed ‘Efinity Metaverse Fund,’ the main objective behind it is to support its partners in the ecosystem partners and foster the development of a decentralized metaverse. Everything about Enjin’s Efinity...

Quentin Tarantino – one of the greatest filmmakers of all time –  recently announced that he would auction seven “secret NFTs” featuring uncut Pulp Fiction scenes. As the first of their kind, these non-fungible tokens feature content viewable only by their owners, making them extra special and valuable. Tarantino’s NFT Collection Tarantino’s collection will be distributed on SCRT Labs’ “Secret Network,” a layer 1 blockchain-focused on privacy. The director’s NFTs will utilize...

The American entertainment company, primarily known for professional wrestling – WWE – joined forces with Blockchain Creative Labs to launch a non-fungible token marketplace. The digital collectibles will capture iconic moments from grand events like Wrestlemania and SummerSlam and will have an eco-friendly focus. ‘If You Smell… What WWE… Is Cooking!’ Despite retracing a bit from the record trading volumes in August, the NFT craze is still a tempting industry in which many...

The cryptocurrency space has seen numerous prominent individuals who went from criticizing it to joining it years later. Jordan Belfort, who used to bash bitcoin but later predicted it will tap $100,000, is now a keen supporter of the non-fungible token industry. NFTs have garnered the attention of numerous celebrities outside of the cryptocurrency space in the past year. Individuals like Tom Brady, Steph Curry, Eminem, and Paris Hilton, to giant organizations like Marvel...

It appears that everything related to the Shiba Inu (SHIB) cryptocurrency is appreciating in value over the past couple of weeks. Now, the Shiboshis are also seeing a strong wave of demand. As CryptoPotato reported earlier in October, Shiboshis represent the native non-fungible tokens (NFTs) of the Shiba Inu ecosystem. These are 10,000 digitized creatures that were set for sale about ten days ago and caused a serious wave of demand. Based on the official post, the NFTs cost...

A new report has revealed that a significant portion of all Ethereum-based non-fungible tokens (NFTs) is in the possession of a small number of addresses on the network. The report, which was published on October 21 by the open-source blockchain analytics firm, Moonstream, focused solely on NFTs with the ERC 721 token standard. It was conducted on more than 7 million NFT transactions on the Ethereum blockchain between April 1 and September 25, 2021. Inequality in NFT...

British motor racing team, McLaren Racing, has recently announced the launch of its non-fungible tokens (NFTs) platform, where fans and digital art collectors can purchase its digital collectibles. The new endeavor will be built on the popular Tezos blockchain. McLaren Joins the NFT Craze According to a press release shared with CryptoPotato, the NFT platform, which is dubbed “McLaren Racing Collective,” will serve as a way for the team’s fans and other enthusiasts “to own a...