fbpx

News

Recent Stories

Sapio Analytics partners WazirX to launch India’s first NFT on ancient artwork

Sapio Analytics, an artificial intelligence-based government support organization has joined hands with WazirX NFT marketplace to launch digital collectibles of rare artwork from ancient India. The company claims that this would be the first when ancient Indian artwork would to be converted into a non-fungible token (NFT). Ancient Artworks of India will now be available…

Understanding the Art of NFT Taxes

Opinions expressed by Entrepreneur contributors are their own. NFTs, or non-fungible tokens, are still a relatively new phenomenon. One could make the argument that they originated with the 2017 Cryptokitties project, but they didn’t grab the world’s attention until early 2021 when artist Mike “Beeple” Winkelmann sold an NFT through British auction house Christie’s for…

‘All My Apes Gone’: NFT Theft Victims Beg for Centralized Saviors

Bored Ape Yacht Club #9410On the eve of the new year, tragedy struck in Manhattan: Chelsea art gallery owner Todd Kramer had 615 ETH (about $2.3 million) worth of NFTs, primarily Bored Apes and Mutant Apes, stolen by scammers and listed on the peer-to-peer NFT marketplace OpenSea.Kramer quickly took to Twitter and begged for help…

Balmain Links With Barbie for New Collection and NFT Series

Balmain and Barbie have announced a multifaceted collaboration comprised of both an imminent collection and a series of exclusive NFTs, the latter marking the first instance of the Barbie brand engaging in the digital art space.The two familiar names are partnering on a ready-to-wear and accessories collection, which a press release revealed will boast more…

Decrypt New NFT Studio Generating 6-Figure Revenues

Decrypt Studios, the blockchain-centric production house launched by Decrypt Media, has traded almost 30 nonfungible tokens since its soft launch in July. In total, the venture has generated more than six figures in revenue, said founder Alanna Roazzi-Laforet, who also serves as the chief revenue officer and publisher of Decrypt Media. Source

Nas Is Selling Royalty Rights to 2 of His Songs As NFTs

Investment platform Royal has teamed up with Nas to release a portion of the streaming royalty rights to two of the rapper’s songs as NFTs. The platform’s first sale, beginning January 11, will allow the general public to own “limited digital assets” — Royal’s term for its NFTs — for his songs “Ultra Black” off…

NFT Platform Opensea Gets $13.3 B Valuation Following Series C Funding

OpenSea, one of the most popular NFT trading platforms, announced in a blog post on Tuesday that, after raising $300 million in Series C funding, the company was now valued at $13.3 billion. The company, which was founded in 2017, has grown rapidly over the past year amid an NFT boom. Despite best efforts to…

NFT market tops $40B in 2021 amid growing interest

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Source

On Trend

More Stories

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…