The NFT craze continues as a collection of carton apes nets $24M
Renowned auction house Sotheby’s completed the online sale of 101 non-fungible tokens (NFTs) from the Bored Ape Yacht Club collection yesterday. A report disclosed this news after the auction, noting that the collection, which features images of cartoon apes, fetched $24.4 million. This price exceeded Sotheby’s presale estimate of between $12 and $18 million, indicating […]
Exploding Tokenization Power of NFTs – How NFTs Is Tokenizing Everything
This disruptive blockchain innovation witnessed a great sales capacity by accounting for about five billion US Dollars NFT sales over the last month. This resulted from the adoption of NFTs across industries and how individuals—and groups—are joining the bandwagon. No one wants to be left out. However, NFTs are creating a wave that allows you […]
Why Copyright Policy Is Important for Non-Fungible Token (NFTs)
The massive adoption of non-fungible tokens (NFTs) into the blockchain society is a novel means for creators to reward their creativity. However, there is a looming problem resulting from the conflict of ownership and NFT copyright. Without a solution to this, NFTs won’t reach their full potentials. NFT Explosion in 2021 The first six months […]
