We released our platform on the production environment on 22/2/22 and start with a beta phase and will continuously develop the application. In the current beta phase, artwork can be uploaded, edited, created and tokenized. All this with just a few mouse clicks. So next we will release our auction house. The auctions will run…
“More than $2.2m worth of NFTs were stolen from the New York-based art collector and gallerist, Todd Kramer, according to a series of now-deleted tweets.” Read more: https://www.theartnewspaper.com/2022/01/05/i-have-been-hacked-collector-loses-more-than-dollar2m-of-nfts-overnight
“An upstart NFT platform called LooksRare has gone live today, as more marketplaces continue to crop up to try to take on market leader OpenSea. LooksRare claims to be a community-focused marketplace that will develop new features based on what its users want.” Read more: https://www.theblockcrypto.com/post/129677/nft-marketplace-looksrare-goes-live-with-vampire-attack-on-opensea
“GameStop Corp. GME -6.81% is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships, according to people familiar with its plans, pushing the company into much-hyped areas as it tries to turn around its core videogame business.” Read more: https://www.wsj.com/articles/gamestop-entering-nft-and-cryptocurrency-markets-as-part-of-turnaround-plan-11641504417
“Binance NFT, the NFT marketplace of Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has today announced the launch of the Subscription Mechanism feature. With this new feature, all participating users stand a fair and equal chance of successfully purchasing an NFT during NFT primary sales.” Read more: https://nftnewstoday.com/2022/01/10/binance-nft-marketplace-introduces-subscription-mechanism/
“An online marketplace OpenSea says it is now worth $13.3bn (£9.8bn) following a new investment of $300m. The platform enables trade in NFTs (non-fungible tokens), unique pieces of digital code that can be associated with a digital asset such as a work of digital art. Some NFTs have sold for millions of dollars.” Read…
“The electronics behemoth Samsung has taken its second major step into the world of the metaverse and non-fungible tokens (NFTs) in the space of a week, unveiling a new temporary store in the virtual world of Decentraland (MANA).” Read more: https://cryptonews.com/news/samsung-opens-limited-time-store-decentraland-lures-metaverse-visitors-with-rewards.htm
“Institutional investors are increasingly entering the NFT space, particularly interested in providing original lending solutions. This loan is notable not just for its amount but for solely using nonfungible tokens (NFTs) as collateral instead of including broader liquid collateral. Meta4 operates as an NFT VC backed by Andreessen Horowitz, specializing in acquiring presumed rare and…
In the third quarter of 2021, the overall trading volume of NFTs reached $10.67 billion, which is an increase by 38,000% in comparison to 2020. However, looking for information about trends in the blazing-hot non-fungible token (NFT) market calls for expertise. But not only artists and creators themselves are important, but so are celebrities, curators, marketplace owners, and…
Non- Fungible Tokens (NFTs) transform digital artwork and other collectibles into unique, verifiable assets, which can be traded on the blockchain. Digital Assets (NFT Utility Value), which are tokenised on the blockchain, provide a distinct (decentralised) indication of the ownership of an asset, the owner’s identity as well as governance & access rights. As a matter of fact, buying an…