Tag Archives: Non-Fungible Token (NFT)

Amid the recent boom within the NFT Industry, a new study reveals that not all of the hype around the digital assets may be legitimate and could even show signs of wash trading. Nansen’s Analysis of the Industry The non-fungible token sector took the cryptocurrency world by storm this year and quickly expanded beyond it. NFTs reached mainstream media, businesses, prominent sportspeople, musicians, actors, and more. The rapid growth resulted in skyrocketing trading activity....

The cryptocurrency space has repeatedly taught us that with time anything can be valuable, even a collection of ordinary, digital rocks with no “real” value or purpose. For the past few months, the entire industry has been raving about non-fungible tokens (NFTs), which are digital collectibles stored on the blockchain and can represent anything from art to music and real-world assets. The craze has seen Investors pay mad money just to acquire NFTs like the infamous Beeple’s...

SOL has been among the best crypto performers in the past month and has entered the top ten after a new all-time high of roughly $65. This comes amid numerous developments and records from the Solana blockchain, including ATH for transactions and a fresh NFT collection drop that raised quite a few eyebrows. What Happened With Solana Lately? Dubbed as the (next) “Ethereum killer,” Solana describs itself as a “high-performance blockchain supporting builders around the world...

Marvel fans will be able to enjoy a new set of NFTs focusing on their favorite superheroes. The new digital collection will include some of the most iconic participants, including Captain America, Bucky Barnes, and the Red Skull. CryptoPotato reported last week Marvel Entertainment’s first endeavor into the world of non-fungible tokens. Through a partnership with the VeVe marketplace, the comic book giant launched a digital collection for Spider-Man. It seems that the first...

The team behind the Binance Smart Chain has decided to launch another season of the Most Valuable Builder program. It aims to accelerate the developments in several sectors, including DeFi and GamingFi, and ten projects will have the chance to receive funding. BSC MVB Program Season Three Ever since the launch of the Binance Smart Chain, the project has strived to help emerging protocols receive support and funding through its Most Valuable Builder program. A recent press...

With the increasing interest in blockchain gaming, the popular blockchain platform, TRON, has recently announced the launch of a new $300 million fund dedicated to supporting GameFi projects. TRON Launches $300M Fund to Support Game Developers In a press release shared with CryptoPotato, TRON noted that the fund dubbed TRON Arcade was launched in collaboration with the leading NFT project, APENFT, and the DeFi project, WINKLink. TRON Arcade is geared toward supporting...

The blockchain-based digital collectibles marketplace VeVe will begin selling Spider-Man non-fungible tokens this weekend. The initial series of NFTs will include five variations of the Marvel superhero, costing between $40 and $400. NFTs Caught in The Cobweb The comics book giant Marvel Entertainment partnered with the VeVe marketplace to launch the first official Spider-Man NFTs. The collectibles will be available to the fans of the superhero from Saturday, August 7th....

Argentinian football legend Lionel Messi has partnered with Ethernity Chain to launch an NFT collection named Messiverse, a set of digitized drawings authenticated by Messi himself. The Messiverse Collection Messi announced the Messiverse on August 4th through a short video on his Instagram profile. “Soccer is like art: It’s timeless,” he says, followed by invitation to his audience to “discover his first collection of NFT’s on Ethernity.” The superstar’s collection, as...

In recent months, the NFT market has witnessed significant growth in the number of investors getting on board, allowing artists and art enthusiasts to gain access to the global digital art market. Although non-fungible tokens are a relatively new asset class in the crypto space, they have continued to outlive the hype as millions of dollars are being poured into the market daily. OpenSea’s Trading Volume Hits Record High Over the last 48 hours, trade volume on OpenSea, the...

Sweet, an enterprise NFT solutions provider, has recently partnered with the American professional basketball team, New York Knickerbockers, popularly known as the New York Knicks, to create a limited edition NFT pack. According to the official announcement, the New York Knicks will be commemorating the 2020–2021 basketball season with a collection of 5 Limited Edition 3D Knicks NFT tickets. Embedded in the non-fungible tokens are selected rare moments from Game 1 of the NBA...