Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
Despite delays and technical challenges that impeded the user experience, Nike has sold over $1 million of its first non-fungible token (NFT) sneaker collection through the .SWOOSH Web3 platform. Nike’s much-anticipated virtual creations didn’t go on sale until May 15, over a week after their initial May 8 launch date.
As of right now, users of Binance NFT will be able to borrow cryptocurrency using their NFTs as security. Users will be able to swiftly and simply access liquidity by borrowing ETH against their NFTs thanks to the loans, which will be made available with a few high-profile NFT projects
Seoul, South Korea – Leading Korean advertising agency Daehong Communications has recently joined forces with Chainlink Labs, a major Web3 services platform Chainlink developer. This strategic partnership aims to support the Lotte Group, a renowned Korean conglomerate. This helps Lotte Group for its ambitious Web3 initiatives, particularly in non-fungible tokens
The new “Phygital” Toy Collection & Experience for the popular NFT collection Pudgy Penguins on the online retail behemoth Amazon has resulted in skyrocketing curiosity and sales. Over 20,000 Pudgy Penguins were sold in the first two days, resulting in sales of over $500,000, as reported by Luca Netz, CEO
On Friday, Sotheby’s completed the auction of many rare non-fungible tokens (NFTs) confiscated from the extensive collection of defunct crypto hedge firm Three Arrows Capital (3AC), netting $2,482,850. The Grails collection of NFTs, developed as part of 3AC’s asset portfolio which began in 2021, was the focus of the auction
DIBA, the “first Bitcoin NFT marketplace” utilizing RGB smart contracts, launches on the mainnet. The platform aims to facilitate NFT migration from Ethereum to Bitcoin more than Bitcoin Ordinalds has. Digital Bitcoin Art and Assets, or DIBA, a US-based company, announced that it is launching “the first Bitcoin NFT marketplace,”
On May 19th, Jay Yao, a consultant working on the Paraspace NFT protocol, resigned from his job in the firm amid the ongoing controversy about the locations of the protocol’s funding. The missing funds and a storm of CEO and consultant charges against one another made headlines last week over
Bitcoin Frogs, a pepe-themed NFT collection, has made a significant splash in the industry, particularly amidst the ongoing hype surrounding Bitcoin Ordinals. The most recent data reveals that Bitcoin Frogs, a series of NFTs associated with Bitcoin, has outperformed the Bored Ape Yacht Club in terms of transaction volume, making
The latest data indicates a significant expansion in Solana’s (SOL) NFT ecosystem over the past week, with a notable increase in both the number of buyers and sellers involved in Solana NFT transactions. There is a surge of over 100% in both buyers and sellers of Solana NFTs. In addition
Mattel, the legendary toy manufacturer, will release the newest version of its Hot Wheels NFT Garage Series. Based on the worldwide blockbuster series on May 22. Coinciding with the premiere of the eighth installment of the Fast & Furious film franchise. Cars from the movies, such as Suki’s (Devon Aoki,
