Search results: NFT

The Rise and Rise of NFTs | Interview with Charles d’Haussy

Growth drivers of the NFT ecosystem The growing popularity of NFTs is stunning, having risen from several hundred million dollars in sales when the market first started, to around US$20 billion in 2021. We believe the exponential growth seen around the world can be explained by the product-market fit: NFTs have effectively provided a bridge […]

Blockchains and NFTs

The world’s first NFT dates back to 2014, when New York artist Kevin McCoy’s animation known as Quantum was originally minted on Namecoin, a blockchain forked from Bitcoin. Quantum eventually sold for US$1.47 million at a Sotheby’s auction in June 2021, but its host blockchain is buried deep in the history of NFTs, rarely visited […]

NFT Marketplace Competition Heats Up

Opensea, an NFT marketplace on the Ethereum blockchain founded in 2017, currently dominates the NFT landscape with a market share of over 80% as of February 2022. OpenSea’s monthly trading volume on Ethereum soared to a new record high of US$5 billion in January 2022, surpassing its previous peak of US$3 billion reached in August […]

NFT Marketplace Rivals’ Arrival | Interview: Zach Burks

The NFT marketplace landscape is getting more and more competitive. What are your thoughts on staying ahead in this competitive landscape? The NFT space is definitely the hottest industry on earth right now and it is the fastest-growing industry. There’s a lot of competition. At Mintable, we’re also growing very quickly. In order to continue […]

NFTs Behind the Pictures | Interview: Reeve Collins

1. What are programmable NFTs?  Programmable NFTs are completely customizable digital objects that can be programmed to change their appearance and purpose over time, allowing for the creation of unique objects and collectibles that can change in response to future events.  Picture a massive multiplayer online role playing game like World Of Warcraft, where you […]

Decoupling of NFTs from Cryptocurrencies

NFTs are increasingly being seen as an asset class that is distinct from cryptocurrencies, and this is reflected in the rising valuations and trading volumes in recent months. For instance, sales of Bored Ape Yacht Club tokens doubled from December 2021 to a record US$313 million in January 2022, according to CryptoSlam data. In contrast, […]

NFT Hacks and Scams

As NFTs continue to draw new users, hacks and scams have begun to surface in the nascent industry. According to blockchain analytics company Chainalysis, the two most popular NFT-related crimes are money laundering and wash trading. The amounts involved are, however, relatively small with Chainalysis estimating that such criminal activities generated illicit profits of US$10 […]

NFT Avatars — A New Identity

NFT avatars are digital portraits, often illustrating animated or pixelated characters. Avatars are algorithmically generated to give each NFT unique identifiable traits, such as a particular hairstyle, mustache, glasses, or even laser eyes — a social trend Bitcoiners cite to support the cryptocurrency’s climb to US$100,000. In many instances, the ownership of these avatars represent […]

Trends Driving NFTs Growth

Avatars accounted for most of the growth in the NFT space in 2021, but diverse use cases are starting to emerge. More niche products are also emerging, including fractionalized property ownership, and DeFi products made specifically for the NFT ecosystem are expected to grow this year. Such developments were discussed in detail during interviews with […]

Asia Primed For NFT Growth

Asia looks set to become the next big market for NFTs, with some experts predicting the region may surpass the West as early as this year. Global Google search interest for the term “NFT” surged past “crypto” in January, with the search engine’s data showing growth originating in the East. Data from Taiwan, Japan and […]

Metaverse Set to Boost NFTs

NFTs are widely expected to gain increased popularity as the metaverse becomes more established, thanks to the technology’s ability to provide indisputable proof of ownership. Ownership of virtual real estate, which involves the use of NFTs, has grown rapidly. In Decentraland, one of the most popular metaverses, property prices have risen 400-500% in the months […]

State of the NFT Market

NFTs serve as the bridge for millions of users who are beginning to move to Web3.0 through digital collectibles. New use cases outlined in the report have the potential to disrupt traditional industries such as music, art, ticketing and even education. Global sales of NFTs reached US$18.5 billion in 2021, which was 570 times higher […]

Apes Gone Wild! BAYC ‘selling like crazy’ amid otherwise sluggish NFT market

Strong sales from leading NFT series may be a sign the market is maturing as investors become more discerning, observers say.

Malaysia’s crypto proposal; Hong Kong’s 11-yr-old NFT coder

A Malaysian minister has proposed making Bitcoin a legal tender. Meanwhile in Hong Kong, an 11-year-old programmer makes his way into the NFT business.

How an 11-year-old programmer created his own NFT minter

Inspired by the success of Beeple, Miguel Wang created CryptoTigers to generate pixelated tiger images for the Year of the Tiger.

Singapore’s crypto future; Korea “White Day” NFTs a hit

Singapore’s image as a “crypto hub” may soon change as the country doubles-down on it’s stance that crypto currency is “not suitable for the general public”. Meanwhile, Korean convenience store giants CU launch their White Day NFT competition.

Why NFT scams are on the rise — and how to stop them

‘Lazy minting’ may seem affordable but heightens the risk of NFT theft, writes Anthem Blanchard of Herasoft. Is storing NFTs on-chain the solution?

Metaverse NFT projects boom as Meta ignores blockchain

It’s been a booming time for the NFT market, and as data from CryptoSlam shows, there has been particular interest in metaverse projects recently.

Why Are NFTs Worth Anything At All?

How do NFTs create value? The answer is not as complex as it seems.

NFTs Explained in Less than 4 Minutes

When 3D artist Beeple sold a digital piece of art for a record $69 million through Christie’s, the world went NFT crazy. But what exactly is an NFT?

Korea’s KB embraces crypto; China’s NFT fever

NFTs hit resale market in China despite criticism over speculation. Meanwhile, South Korean financial giant plans crypto funds.

Jump in NFT demand reflects crypto prices, right? Wrong

An asset bought and valued in crypto becomes decoupled from crypto prices, a split that reflects the differences between crypto investors and NFT buyers.

NFTs can upend the music business. Artists should take note

Blockchain technology allows musicians to sell songs directly and earn more per song, writes Adi Ben-Ari of Applied Blockchain.

Buyers snap up Olympics panda NFTs

Animoca Brand’s nWayPlay sold out second batch of Bing Dwen Dwen mascot NFTs on Thursday as prices of first set fetched 900% in average resale value.
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HK watchdog’s NFT warning; DBS plans crypto expansion

HK watchdog’s sends out warning calling NFT a threat, meanwhile in Singapore DBS plans a crypto expansion

Alibaba and Canaan’s AI team up; Metahuman creates Valentine’s NFT

Chinese giant Alibaba and Canaan team up to work on AI. Meanwhile, Valentine NFTs are created by meta-human using auction data.

FastForkast headlines

BSN, China Mobile support local NFTs with new chain launch

Weibo launches NFT marketplace, allowing users to mint posts

4M trees required to negate the carbon emissions of CryptoKitties NFTs: report

Mutant Ape Yacht Club becomes 5th NFT collection to join the $1B club 

Zuckerberg confirms NFTs coming to Instagram

Vogue NFTs for humanitarian aid in Ukraine list on OpenSea

1 in 3 Filipino gamers would quit jobs to play NFT games: survey

Chinese video streamer MangoTV NFT sells out in seconds

LG first in S.Korea cosmetics industry to digitize beauty brand with NFTs

Ukraine to launch NFT ‘museum’ depicting Russian invasion

L’Dezen auctions physical and NFT earrings for owner and avatar

20,000 line up for S.Korean convenience store’s NFTs on White Day

NFTs subject to existing tax rules in Singapore, FM says

Third Chinese tech giant Baidu to open NFT marketplace

Alibaba NFT marketplace suspends users for massage gun rapid clicks

Fans celebrate NFT artist Alotta Money’s life at Cryptovoxels metaverse 

China plans crackdown on illegal fundraising in metaverse, NFTs

NFT startup Immutable valued at $2.5 billion in Temasek-led financing

S.Korean presidential candidate issues over 22,000 NFTs

Singapore prohibits crypto, NFT transactions in sanctions against Russia

Ukraine cancels crypto airdrop, promises NFTs

NFTs enter ‘mini-bear market’ as buyers drop to three-month low

Ukraine DAO NFT sells for $6.5M (2,173.6 ETH)

Ethereum reaches 1 million NFT buyers as gas fees sink

Top NFT game Axie Infinity generated $1.3B in revenue last year

BSN to integrate CasperLabs’ chain to support NFT issuance in China

Jupiter Meta launches fully curated NFT marketplace in India

Second K-pop agency taps Binance for NFT partnership

Alibaba to reward NFTs in its first blockchain game

Ant Group’s NFT arm punishes users for digital collectible resales

BAYC NFT owner sues OpenSea for $1M over hack

NFT credit card in the works for top S. Korean crypto exchange

Axie Infinity becomes first NFT series to break $4B in sales

CCTV NFTs hit resale market before transfer permitted

OpenSea CEO: $1.7M phishing not from the NFT marketplace

Azuki, CryptoPunks battle it out for week’s top NFT title

South Korean university to issue NFTs to all 2,830 graduates

NEO gets price bump after NFT integration on BSN

Indian media giant’s Fully Faltoo NFTs sell out in 48 hours

US NFT trademarks increase by 420-fold in 2021: report

State-backed newspaper is giving out NFTs amid unclear regulation

BSN to integrate Neo’s chain to bolster NFT issuance in China

S.Korean regulators to strengthen watch over NFTs and the metaverse

NFTs, metaverse listed as top ‘must watch’ security risks in Hong Kong

Samsung-backed university to issue NFTs to select graduates

Phillips to auction metahuman-made NFTs for Valentine’s Day