NFTs

Crypto Markets React to Influencer Tweets Amidst Volatility Concerns

Crypto Markets React to Influencer Tweets Amidst Volatility Concerns

Over the last few months, the crypto and NFT worlds have exploded. This entire frenzy was ignited by just a single tweet from the very influential crypto celebrity, Kekalf. This episode highlights the extraordinary, unregulated power that individuals like Leonard Cohen have to influence the entire market sentiment and lead...

Experience NFTs Revolutionize Event Access and Exclusivity

Experience NFTs Revolutionize Event Access and Exclusivity

NFTs as access keys NFTs are changing the game for how events provide access and premium experiences. There was some unprecedented excitement around digital assets, especially with Coachella’s 2022 NFT ticket debut. They provide NFT holders more than just access—they deliver one-of-a-kind experiences or thrilling benefits. Blockchain Magazine further discussed...

Musician's NFT Misfortune Drives Investors to Solana-Based Altcoins

Musician's NFT Misfortune Drives Investors to Solana-Based Altcoins

Climate musician Jonathan Mann, musician known for his ‘Song a Day’ project, recently made waves. As it turned out, he would lose massively on his futuristic speculative NFT bet. Additional background Mann once sold $3 million worth of NFTs. He soon faced a brutal reality when a market crash and...

CryptoPunks Find New Home as Yuga Labs Transfers IP to NODE

CryptoPunks Find New Home as Yuga Labs Transfers IP to NODE

Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) and Otherside metaverse, has transferred the intellectual property (IP) of CryptoPunks, one of the most valuable NFT collections, to NODE, a California-based nonprofit organization dedicated to preserving digital art. Funding long-term preservation of the entire CryptoPunks collection. With this...

NFT Healthcare Market Set for Exponential Growth, Reaching $934.1 Million by 2034

NFT Healthcare Market Set for Exponential Growth, Reaching $934.1 Million by 2034

The potential Non-fungible Tokens (NFT) market within the healthcare system is anticipated to reach $53 billion by 2030. So by 2024, it’ll have grown to a USD 177.3 million valuation. Revenues are projected to continue the same robust growth trend, bringing anticipated revenues to USD 934.1 million by 2034. That...

Cardano's Midnight May Offer Free NFT Trades

Cardano's Midnight May Offer Free NFT Trades

Charles Hoskinson, the founder of Cardano, has teased the chance at something pretty special. He proposes that Midnight, a privacy-preserving blockchain platform, would be able to provide free transactions by using NFTs. This Allied concept provides users with a fixed number of fee-free transactions per day. That’s the same thing...

Yuga Labs Acquires CryptoPunks IP, Expanding NFT Portfolio

Yuga Labs Acquires CryptoPunks IP, Expanding NFT Portfolio

NFT giant Yuga Labs – the founder of Yuga and controlling owner of Yuga – recently purchased the intellectual property (IP) of CryptoPunks, the first well-known Ethereum-based NFT collection. Both CryptoPunks and the Infinite Node Foundation publicly acknowledged the transaction on X.com. This announcement is arguably the biggest news yet...

Al Ahly SC Makes History as First African Club to Join FIFA Collect

Al Ahly SC Makes History as First African Club to Join FIFA Collect

Leading African football powerhouse Al Ahly Sporting Club (SC) is set to become the first African football club to participate in FIFA Collect. This FIFA-backed global football non-fungible token (NFT) marketplace kicked off with FIFA collectibles and fan tokens. This partnership marks a significant step in Al Ahly SC's digital...

USDT vs. USDC Stablecoin Giants Clash in Market Dominance

USDT vs. USDC Stablecoin Giants Clash in Market Dominance

USDT and USDC are currently the two dominant stablecoins in the cryptocurrency market. They both intend to maintain a one-to-one peg with the U.S. dollar, but they approach transparency, regulatory compliance, and market approach in strikingly diverse ways. USDT first launched in 2014, providing it a robust first-mover advantage. USDT...

Crypto Developments Unfold Globally Amid Leadership Shifts

Crypto Developments Unfold Globally Amid Leadership Shifts

Ripple's financial contributions to Donald Trump, Russia's interest in crypto trading platforms, and crypto firms' pursuit of U.S. banking licenses highlight the evolving landscape of digital finance. A leadership shakeup in the popular DeGods NFT project is bringing new trade to life NFTs. At the same time, Kyrgyzstan has partnered...