Tag Archives: Non-Fungible Token (NFT)

The boxing icon Floyd Mayweather plans to join the NFT craze by launching his digital collection on May 26th ahead of his fight with Logan Paul. IronBend combined forces with Reality Gaming Group and Zytara Labs in order to release the Mayweather non-fungible tokens. Floyd Mayweather Joined The NFT Club Floyd Mayweather – one of the greatest fighters of all time – partnered up with IronBend, Reality Gaming Group, and Zytara Labs to release an exclusive NFT collection ahead of...

E-commerce giant eBay has become the first in its industry to catch the non-fungible tokens (NFT) mania, as the company is now allowing the sale of NFTs on its platform. According to Reuters on Tuesday (May 11, 2021), eBay said that it would enable the sale of NFTs for digital collectibles such as video clips, images, or trading cards on its marketplace. Meanwhile, the ability to list and sell NFTs would be open only to whitelisted sellers. This could mean that the platform...

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...

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...

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...

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...

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...

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...

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)...

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...