The beneficiary of the Ocean Front NFT sale will be The Open Earth Foundation. Graphic designer and Non-Fungible Token (NFT) artist Mike Winkelmann also known as Beeple has sold yet another artwork for $6million. The work that was as an NFT is dubbed “Ocean Front” and aims to speak to the current earth’s climate change challenge, and it features a tree sitting on an image of trailers and shipping containers sitting atop a platform on an ocean floor. The artwork which was reportedly part of Beeple’s “Everydays” series had the…
Tag: NFT
TRON Partners with MixMarvel to Integrate Cross-Chain NFT Marketplace
Justin Sun, the founder of TRON and CEO of BitTorrent, celebrated the partnership with MixMarvel, and looked forward to bringing its NFT marketplace to the TRON blockchain. Cryptocurrency network TRON (TRX) has entered into a strategic partnership with MixMarvel, a blockchain-based global game publishing platform, to develop NFT capabilities on the smart contract blockchain. The partnership is expected to see MixMarvel’s Non-Fungible Token (NFT) features brought to the TRON blockchain as part of the latter’s ongoing expansion into decentralized finance. The integration will also see MixMarvel’s blockchain protocol made compatible…
Top Six Brands that Joined NFT Trend
Procter and Gamble’s Lavatory Paper, through its brand, Charmin announced its interest in the NFT bandwagon by introducing a Non-Fungible Toilet Paper. NFT is a short term for Non-Fungible Tokens. Fungible tokens can directly be substituted or exchanged as they all belong to the same asset class. Typical examples are cryptocurrencies such as Bitcoin, Ethereum, and fiats such as USD, EUR, etc. Non-fungible assets are non-equal assets designed on the blockchain. An example is a movie ticket (which is meant for a specific movie). Today, many brands or companies are…
NFT market’s RARI token sees 100% gain after CoinFund investment
New York-based crypto investment firm CoinFund has made an undisclosed investment into the digital art-focused non-fungible token (NFT) marketplace, Rarible. According to a September 8 announcement from Rarible, funds from the pre-seed round will be used to develop a “community-governed” NFT marketplace. The Rarible platform launched earlier this year and began issuing its RARI governance token this week — with RARI doubling in price since trade commenced on Uniswap 24 hours ago. Rarible predicts that the NFT sector will see a 50% growth in capitalization to tag a $315 million…