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Bored Ape Yacht Club to Launch Its Own Crypto Token

The NFT collection Bored Ape Yacht Club will be launching its own crypto token, in early 2022, according to the group on Twitter. The BAYC is a collection of 10,000-plus NFTs, that have generated nearly half a billion dollars in trade volumes. One of the biggest NFT collections, the BAYC Twitter handle has been posting…

Binance to list unique NFT marketplace token RARE starting today

Binance has listed SuperRare, an NFT marketplace to collect and trade unique, single-edition digital artworks with the token RARE. The pairs RARE/BTC (BTC/USD), RARE/BNB (BNB/USD), RARE/BUSD, and RARE/USDT are available for trading. Trading started at 06:00 (UTC) today, the biggest crypto exchange in the world reported on its website. Users could start depositing RARE in…

Animoca backs $1.5 million funding for NFT pawnshop for play-to-earn games – Ledger Insights

Non-fungible token (NFT) renting platform reNFT has announced it raised a $1.5 million strategic funding round led by Animoca Brands. Eight other venture capital firms, including Scalar Capital, SkyVision Capital and MetaCartel Ventures (a DAO), also participated in the funding, alongside five angel investors.  The concept behind reNFT is to use NFT technology to support renting tangible and…

Gaia EverWorld plans NFT sale, airdrop by the end of October

Gaia EverWorld is coming closer to its nonfungible token (NFT) sale, and the platform is planning an airdrop for the end of October 2021. Gaia EverWorld is a fully immersive blockchain-based video game that allows players to own in-game characters called Gaias, as well as other in-game items.The game is a multi-realm world where players…

Hollywood talent agency CAA signs NFT collector “0xb1”

advertisement Creative Artists Agency (CAA), a leading Hollywood talent agency with high-profile clients such as Beyonce, Shakira and Jennifer Aniston, has signed a deal with famous NFT collector known as “0xb1,” according to a report from The Hollywood Reporter.   The CAA will help the pseudonymous NFT collector monetize their pieces through licensing and brand partnerships, according…

Navigating the NFT minefield: It should be made easy for first-time buyers

Whether it’s baseball players or shiny Pokemon cards, collectibles have been a cultural mainstay in human behavior since the Renaissance. Memorabilia from famous films or items of clothing worn by a celebrity can be auctioned and sold for eye-watering amounts. Take the prototype Batmobile from the 1960s Batman TV show, it was sold for $4.2…

Polygon ($MATIC) Powered Debut NFT Collection by Dolce & Gabbana Sells for 1,885 ETH

Recently, Italian luxury fashion house Dolce & Gabbana (aka “D&G”) reported that “Collezione Genesi”, its debut NFT collection (which consists of both digital and physical works of art) had sold for over 1,885 ETH on Polygon-powered NFT marketplace UNXD, making this “the most successful digital fashion drop ever” (according to D&G). As CryptoGlobe reported on…

Auction House NIFTEE gears up to host Germany’s first-ever NFT sale

NIFTEE, an auction house that seeks to free art from the chains of the canvas, is preparing to host the first non-fungible token (NFT) auction in Germany later today. The auction house disclosed this news through a press release earlier today, noting the auction will commence at 5:00 PM UTC. Reportedly, NIFTEE will be auctioning…

From Taiwan First Gay NFT to Poland Removing Anti-LGBT Laws, This Week in Int’l LGBT News

This week read about Taiwan featuring a same-sex couple in a non-fungible token (NFT), and Poland removing anti-LGBT laws after European Union’s outrage. Meet Taiwan’s First LGBT-Themed NFT ACE Exchange’s LGBT-themed non-fungible token (NFT), which features popular Taiwanese pair CACA&BELLA, drew a lot of attention. The 100 NTF collectibles sold out in five minutes after…

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Don Diablo Sells World’s First Full-Length Concert NFT for $1.2 Million

Don Diablo’s Destination Hexagonia NFT concert hit the blockchain market on Friday, selling for a jaw-dropping $1.2 million in just four minutes. The hour-long performance film breaks records as the world’s first full-length concert NFT. In addition, the transaction smashes SuperRare‘s record for any single item NFT sale. Diablo describes Destination Hexagonia, a project he embarked on last…

Luka Garza’s NFT card goes for over $40,000

Earlier this week, former Iowa center Luka Garza announced that he would be the first college athlete to release his own NFT card. NFT stands for non-fungible token, which is a unit of data on a digital ledger called a blockchain, where each NFT can represent a unique digital item, and thus they are not interchangeable. On…

The Next Big Thing in NFTs: Breaking Them Apart

In briefInvestors are coming together to pool their funds and profit from high-value NFTs through fractionalization. But NFT fractions are a legal gray area and could be seen as securities. How can regular investors afford the eye-watering sums NFT (non-fungible token) artworks and other collectibles are commanding? And how can they ever hope to profit…

Kate Moss Moves Into NFTs With Three Short Videos

Kate Moss has become the latest big name to release their own NFTs, with the legendary model announcing a partnership with anonymous art collective Moments in Time. Moss’ NFT release will feature three single-edition short videos, each of which was filmed in Moss’ home, car and in her own clothes. This approach gives the videos…