OKHotshot stated most NFT trader trade at a loss. NFT analyst said celebrity NFT projects are notoriously bad investments. Blockchain researcher and Non-Fungible token (NFT) expert OKHotshot tweeted about 18 most uncomfortable facts to its 45K followers regarding the NFT sector on Saturday. In a long thread, the analyst highlighted
This comes at a time when Japan is enforcing more rules on the cryptocurrency sector. The current corporation tax rate is set at 30% on all cryptocurrency profits. Animoca Brands, a juggernaut in the crypto gaming and web3 investing space based in Asia, is expanding into Japan with the help
This unparalleled performance is being created in collaboration with Yuga Labs. The statement claims this to be the first-ever performance. MTV has picked up on the NFT trend. This Sunday at the MTV Video Music Awards, hip-hop superstars Eminem and Snoop Dogg will perform a live, Otherside-themed event. This unparalleled
What is an NFT Community? NFT communities often provide a sense of digital identity and belonging. These online groups aim to draw like-minded individuals from around the world to back a single project. What unites the community is a shared goal or particular set of values. From the outset, the
The NFT age, which aims to compete with and against the traditional art sector, is just starting. However, the younger generation is leading the charge by democratizing this new method of purchasing video games and artwork. For example, nearly half (49%) of young adults between 18 and 24 are open
Only 10,000 of the NFT-branded candy gift boxes and jars will be available. The M&Ms Celebratory Gift Box is available for the price of $59.99 USD. According to the candy manufacturer, limited quantities of M&Ms will soon be available with Bored Ape Yacht Club NFT artwork. Mars and Universal Music
Uniswap is in discussions with 7 NFT lending firms, to establish NFT financialization. The platform has recently acquired the NFT marketplace aggregator, Genie. The major cryptocurrency exchange platform, Uniswap is currently showing an interest in the NFT financialization. As per the recent tweet from Uniswap’s head of NFT product, Scott
Conflict in Europe and skyrocketing interest rates in the US have put cryptocurrencies in the midst of one of the worst market crashes in the technology’s history. Bitcoin and Ethereum dropped more than 70 percent since the peak of last year’s bull run, while several high-profile crypto companies shut their
Built on the Rootstock, WakeUp Labs has collaborated with Kilimo, a leading digital platform for irrigation management in agriculture, to create a system for issuing non-fungible tokens (NFTs) in the form of water-saving certificates. This implies that businesses who wish to offset their impact on water resources may purchase NFTs
Video content creators using the app may monetize their work by selling it on Creator Cuts. The owners of video NFTs will engage in the producers’ 10% daily portion of the GARI revenue. Today, Chingari, the world’s fastest-growing on-chain social app, announced the release of its groundbreaking new product: Creator
