NFTs are the first generation of blockchain-based digital collectibles that change how the world thinks about art, investing, and ownership. But the sheer number of NFT projects and collections combined with the complexities of analyzing their value, have made it difficult for investors to make decisions based on anything more than hype. The first NFTs were launched in 2013 though NFTs first came around in 2012. The hype around them was intense, but it took a few years for the market to reach its current size and maturity. Despite being…
Tag: NFT
Opensea Marketplace Announces New Security Features to Protect Users From NFT Scams
OpenSea has announced a new feature that will automatically hide any suspicious NFT transfers from view on the marketplace to prevent scams. OpenSea, one of the most used NFT marketplaces, has recently been criticized for stolen and plagiarized NFTs. Due to the increase in the number of NFT scams and thefts, the popular NFT marketplace has announced the launch of a new feature which will hide suspicious NFT transactions from view on the marketplace. This new feature will help protect users from falling victim to scams while ensuring that only…
A Manhattan Landlord Listed His Office Building in ETH as an NFT. Then Its Price Dropped $12M
The owner, Chris Okada, says the building will be relisted in the coming days to adjust for ether’s 40% price drop. Source
Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy – Press release Bitcoin News
press release PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological stack, access to independent infrastructure, nodes, developers’ community, and funding. The project is guided by principles of security and ownership, made possible with a combination of decentralization and encryption. Since 2021, the role of NFTs has transformed dramatically: from mere cultural assets to building blocks that allow developers to incorporate utility in the next generation of decentralized applications and Web3 NFT-based…
ICI Bucharest to use Elrond blockchain to develop decentralized domains and an institutional NFT marketplace
On Tuesday, Romania’s National Institute for Research and Development In Informatics, also known as ICI Bucharest (ICI), announced that it would be building an institutional nonfungible tokens, or NFTs, marketplace and a decentralized Domain Name System. Both services will be built on the Elrond (EGLD) blockchain, which is known for its ability to speed up transactions via sharding. ICI was founded in 1970 and is currently the most institution for government-sponsored research in the field of information technology in Romania. It currently supervises the Romanian National Register for Domain Names. …
NFT ticketing may catch on faster in France after UEFA championship debacle
The disorder before the UEFA Champions League final game may lead to the widespread adoption of nonfungible tokens (NFTs) for ticketing at sports events in in France. The country previously stated that it intends to use NFT tickets during the 2023 Rugby World Cup and 2024 Paris Olympics. Mass ticket counterfeiting was one of the causes of the chaotic scene at the May 28 soccer championship. It turned into a major embarrassment for the country after police used tear gas to restore order and the match between Liverpool FC and…
Top 7 – Trending White label NFT marketplace in 2022
We all know what an NFT is. We all know they’re awesome (yes, it’s a fact. Deal with it.). But we’re not here to talk about NFTs. The topic of this blog, as you can see in the title, is the top 7 white label NFT marketplaces in 2022. But first, what exactly is an NFT marketplace, and what does the term “white label” mean? An NFT marketplace is usually a website, app, or both, which serves as a place to find, purchase, sell and trade NFTs. Although you can…
NFT Floor Prices Plunging Amid Ongoing Crypto Market Pandemonium
The crypto markets has plunged by 14% over the past 24 hours, including the double whammy of Ethereum’s loss of 18% and Bitcon’s dip by 16% while NFT sales are also suffering from the crypto market crash but primarily because of ETH prices plummeting. On a lighter note, NFT trading volume has incremented over the 24 hours by 54%, which is an excellent opportunity for collectors to hoard prized NFT collections. The prices of high-end and popular nonfungible token collections like Bored Ape Yacht Club have also plunged; its lowest…
NFT trading volume surges amid market and floor price crash
NFT trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it. A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Crypto Punks, and Sorare have all seen more than 100% increases in 24-hour trading volumes as investors look to snap up cheaper NFTs as floor prices tumble. According to data from CryptoSlam, eight of the top 10 NFT projects in terms of 24-hour sales volume have…
Legend Animator from Japan to Launch Identity Defining NFT Brand “BOSO Tokyo” – Press release Bitcoin News
press release PRESS RELEASE. BOSO TOKYO announce the launch of NFT project “BOSO TOKYO” , an identity defining brand in the Metaverse To commemorate its launch, BOSO TOKYO has launched a giveaway campaign for their NFT. Check out the details here for a chance to win a BOSO TOKYO NFT by completing a few simple tasks. ABOUT BOSO TOKYO BOSO TOKYO is an NFT brand that aims to build avatars that can be used as a common identity in multiple metaverses. As a generative NFT, BOSO TOKYO uses algorithms to…