The Art of Investment: Enhancing Portfolio Resilience with Gold-Backed NFTs
The Non-Fungible Token (NFT) sector has experienced significant challenges due to the decline in the crypto market and economic uncertainty. Even traditional assets are losing their reliability. To address this global issue, combining NFTs with safe assets like gold could offer a potential solution. When the overall market experienced a downturn, renowned NFT collections suffered […]
Alcohol Brands Explore the NFT Space: Implications for Legal Compliance
The concept of non-fungible tokens (NFTs) has transcended its origins in the art and music domains and has now become prevalent among luxury fashion labels and renowned movie franchises. Recently, beverage alcohol brands have also joined the trend. For instance, Budweiser successfully sold all of its $500 NFTs in just one hour, while Glenfiddich introduced […]
Increasing Investor Enthusiasm, Bitcoin Outflow from Centralized Exchanges, and NFT Marketplace Face-Off
Market sentiment, correlations and volatility In February, the leading cryptocurrencies experienced a period of consolidation following substantial growth at the beginning of the year. By the end of the month, Bitcoin and Ethereum had only shown slight increases of 0.03% and 1.26%, respectively. During this time, there were several notable developments among the most active […]
Crypto Community Criticises Apple’s 30% Tax on NFT Purchases
Roughly a month after technology giant Apple hinted at imposing a 30% tax on NFT purchases, the company has updated its App Store guidelines to confirm the changes. The new rules provide a framework for how app-based non-fungible tokens (NFTs) and crypto purchases will be treated on App Store. In an update dated October 24, […]
What is ApeNFT (NFT)?
On March 29, 2021, APENFT was officially registered in Singapore in a bid to meet opportunities and address pain points in the industry. As an NFT-based project, they apply blockchain technology to the NFT world, thus expanding the use cases of blockchain. APENFT is known to buy well-known traditional NFT artworks as underlying assets, and […]
Importance of On-Chain IP Management Structure for NFTs
The outburst of non-fungible tokens (NFTs) makes it apparent that many innovations will happen in the crypto industry. It is an indication of the continuous global adoption of cryptocurrency and how individuals and organizations are leveraging cryptos to build new products and offer new services. But a genuine question holds to the buzz of NFTs […]
Wear-to-earn NFTs Disrupting the Fashion Industry and the Metaverse
The Metaverse and Web 3.0 will cause a lot of disruption across different industrial sectors. This will also happen in the global fashion industry scaled as a billion-dollar industry. It is no news that the world is taking a paradigm shift into the digital era from the physical world. Likewise, design in the traditional fashion […]
The Esports Universe: Blockchain Gaming, DAOs, Guilds, and Rage Quitting
The growth rate for E-sports is enormous, and the utilization of blockchain technology has resulted in innovations. Blockchain gaming is revolutionizing how gamers interact with games. Additionally, DAOs are developing new models for collaboration and economic engagement. In-game assets have been a part of video games for a while. From items such as coins and […]
Report: Crypto and NFTs are disrupting the charity industry
Giving Tuesday underwent a technological revolution this year, with multiple organizations embracing crypto and NFTs to attract donations from the spaces. A report unveiled this news yesterday, noting that these changes come after multiple leading crypto players announced support for charitable causes. An example is Gemini, a renowned crypto company founded by the Winklevoss twins. […]
Web 3.0 and Metaverse: Shaping the Crypto and Blockchain Revolution
The metaverse and Web 3.0 movement is booming, reinventing how people interact with the digital realm. The incorporation of blockchain technology and Web 3.0 in the development of the metaverse promises user-centric, transparent, and democratic platforms shy from corporate control. The metaverse, for instance, presents several possibilities that several Silicon Valley firms and CEOs have […]
Cardano and Solana Creating Innovative Paths for NFT “Explosive” Growth
The association of “digital ownership” to virtually anything is experiencing a hike in adoption as the exploding tokenization of securities and valuables happens each day. Although the concept and existence of non-fungible tokens (NFTs) have been in place, they didn’t gain popularity until last year. The Q3 of 2021 came with more than $10,000,000,000 NFT […]
Venture Capital vs. Decentralization: How Venture Capital Should Evolve for Adoption
This year alone, we witnessed a genuine spike in the adoption of crypto-based systems across different industries. These kinds of systems include decentralized applications (DApp), decentralized finance (DeFi), non-fungible tokens (NFTs), which include digital arts, and crypto-based gaming. Likewise, we saw that cryptocurrencies become investment tools and consumers use them as a payment option. Another […]
What is the Problem with Facebook’s Metaverse Evolution?
The pandemic has seen massive adoption in the metaverse concept. For some people, virtual and augmented reality is something they have lived on Zoom. Community-built and operated worlds like The Sandbox, CryptoKitties, and Decentraland use the gaming market, where people can buy or rent digital real estate, crypto-collectibles, and host online events. Virtual Reality platforms […]
Gaming Industry: Blockchain Technology Reformation and Revitalization
When you look into the gaming industry, you will accept that in-game purchases of items, tools, or weapons are a popular concept, and players have accepted them totally as a norm. This concept is known as microtransactions, and they have become a part of free-to-play games. With this, players buy virtual items to unlock new […]
What are play-to-earn NFT games?
Blockchain is a revolutionary technology that has applications in many industries including the gaming industry. By integrating blockchain-based NFTs into the traditional gaming industry, a new space called GameFi has emerged. Gaming enthusiasts can generate income by monetizing their game time and skills apart from playing for entertainment. By combining finance and gaming, NFT-based games […]
An ultimate guide to buying and selling NFTs
NFTs are becoming increasingly popular nowadays in the crypto industry. They are drawing attention from different parts of the world with the huge amount of purchases for digital arts. The NFT of the famous Beeple art was sold for $69 million dollars at Christie’s which positioned him among the top three most valuable living artists. […]
NFTb Gaming: A DeFi and NFT Platform Revolutionizing In-game Assets Value Recognition
Despite the growth of NFT in recent months, game creators are facing difficulties in launching new projects in the marketplace. This is due to the absence of interoperability in the industry. Recognizing this, NFTb—a multi-chain NFT and DeFi platform—is creating the first cross-chain project to eliminate this barrier and allow game creators to launch a […]
6 Ways to Evaluate an NFT Project Legitimacy: Important Things to Know
Today in the crypto space, non-fungible tokens (NFTs) are the latest trend in the industry. Daily, there are new audiences, and participants increase as they adopt this innovation. NFTs are becoming marketing campaigns and an integral part of business today because companies now seek business opportunities to explore the space. While this adoption and creation […]
18% DeFi Growth amidst New Blockchain and NFTs Disrupting the Space
As the crypto market experienced a quick recovery and NFT popularity is causing a booming market, the DeFi market is growing up to 18% this month. This DeFi market popularity reflects users’ understanding that smart contracts can replace the traditional loan system. This is observed from the adoption revelation happening with the private investors. They […]
NFT Storm: Snoop Dogg Claimed $17M NFT Collection while Hybrid NFT is Dedicated to a Feature Film
On September 21st, a hip-hop star—Calvin Cordozar Jr., also known as Snoop Dogg—revealed his anonymous identity behind a non-fungible token collection in a tweet. He claimed to identify as the individual behind the “Cozomo de’ Medici” NFT collection. Although he hasn’t further clarified his proclamation aside from the tweet, DappRadar revealed that the current wallet […]
