NFT sales have spiked 21,000% in a year

The nonfungible token (NFT) marketplace is booming with sales jumping by more than 200 times in 2021, according to a new report which also highlights how NFTs have become precisely that, a marketplace. Sales of NFTs jumped 21,000 percent to more than $17.6 billion (almost €16 billion) in 2021, up from $82 million (€74 million) […]

Gunna Makes The $305k Bored Ape Purchase And Tattoos It On His Leg.

Gunna is the latest rapper to tap into NFTs with his recent Bored Ape Yacht Club purchase. The Atlanta native revealed on Instagram that he purchased the NFT through the MoonPay cryptocurrency platform for $300K. “I Bought A @boredapeyachtclub NFT worth 300K No Cap!” Gunna wrote on IG. “His Name is BUTTA Thanks @moonpay!” The […]

TOP 5 Crypto Wallets for NFT transactions

Choosing the best NFT app would usually depend on two factors. First, whether you’re a creator or collector. Second, the devices you have at your disposal. For Creators Creating NFT art typically involves regularly connecting to marketplaces like OpenSea, Rarible, Nifty Gateway etc. Creators usually have to upload their files and enable other functionalities. Such […]

NFL Dabbles With NFT Ticket Collectibles on Polygon

The NFL (The National Football League) is experimenting with NFTs (non-fungible tokens). According to a press release, The NFL said that it’s pairing tickets purchased at select games with “Virtual Commemorative Tickets” sent as NFTs to eligible Ticketmaster wallets. In September The National Football League partnered with Dapper Labs to create its own NFT collectible […]

A LeBron James Top Shot moment that honored Kobe Bryant sold for nearly $400,000

NFT stands for non-fungible tokens, which are built on blockchain technology. Whereas a fungible commodity is replaceable by another identical item, non-fungible items are unique and have no identical substitutes. One of the biggest appeals of NFTs is that anyone can create one. All that’s needed is a digital wallet, a small purchase of Ethereum, […]

Animoca Brands raises $5M for the NFT marketplace

Animoca Brands, a Hong Kong-based game developer and investor in NFT (non-fungible tokens), has raised $5 million for NFT marketplace, Quidd ( marketplace built for the buying and selling of limited digital collectibles). The token sale took place on Polkadot project incubator Polkastarter on November 18. 2 million QUIDD tokens at a price of $0.25 […]

The NFT market is now worth more than $7 billion

NFTs (non-fungible tokens) use blockchain technology to record the ownership of digital items such as images, Gifs, tweets, videos, collectibles, and even land in virtual worlds. NFT (non-fungible token) trading volume surged in the third quarter of 2021 to $10.67 billion. That’s an almost 704% increase in the last few months. On the biggest NFT […]