Playboy Suffers $4.9 Million Loss On NFT Payments

A recent filing to the US Securities and Exchange Commission (SEC) indicates that Playboy suffered a significant loss following a drop in the value of payments received for its NFTs. The losses result from the Ether (ETH) the company received after selling its “Rabbitars” NFTs. These non-fungible tokens were launched back in 2021, when the … Read more

Doodles Not an NFT Project, Says Co-Founder

The comments from Doodles co-founder Jordan Castro are sparking controversy among collectors. Doodles co-founder Jordan Castro’s recent comments are raising a few eyebrows. Doodles is one of the most successful NFT projects of all time. According to Coin Market Cap, the project is ranked 9th in the most traded NFT collections the last 30 days. Yet, … Read more

More Problems for Solana as Formfunction Announces Closure

Solana-based NFT marketplace Formfunction is set to shut down on March 29 after only 13 months of operation, amid a slump in Solana NFT prices and trading volumes. The decision to close the platform was reached after much discussion and careful consideration, although the specific reason for the closure was not disclosed. Formfunction’s head of … Read more

Beeple Unveils Revolutionary Digital Art Space to Cultivate NFT Artist Community

Renowned digital artist Mike Winkelmann, widely known as Beeple, has recently launched a groundbreaking digital art facility, Beeple Studios. This 50,000-square-foot establishment aims to foster a sense of community among non-fungible token (NFT) artists and enthusiasts. Beeple gained international recognition in March 2021, when his NFT artwork “Everydays: The First 5,000 Days” sold for a … Read more

ftNFT Opens Second Physical NFT Store 

Following the success of its first store at the Mall of the Emirates, ftNFT is opening another real-world NFT shopping experience at the Dubai mall. NFT enthusiasts can now walk in, purchase, and take home their own unique digital collectibles knowing they possess a piece of artwork like no other.  Furthermore, artists can easily share … Read more

Best NFT Portfolio Trackers

Portfolio trackers simplify the process of tracking NFT investments by providing comprehensive dashboards of your holdings.  The top-notch NFT portfolio trackers we introduce below allow you to effortlessly monitor price movements and evaluate the performance of your assets. Additionally, they court you with alert functionalities, enabling the discovery of new investment opportunities.  NFTBank  The machine … Read more

VeVe Announces Sesame Street NFT Drop 

One of the biggest platforms in the world for digital collectibles, Veve, is dropping an NFT collection based on Sesame Street. Major drops are nothing new to VeVe, and here’s another one. On March 19th, we’re going to see Sesame Street immortalized on the blockchain. Indeed, the Sesame Street NFT drop will be the first … Read more

The Most Valuable NFTs on the Market

Digital assets now attract millions of dollars at auctions and trades, exploding the non-fungible token (NFT) market. NFTs are distinct, one-of-a-kind digital assets that can symbolize anything from digital art to sports mementos and are verified on the blockchain. This piece will examine some of the most valuable NFTs currently available, ranging from iconic sports … Read more

An Introduction to the X2Y2 Marketplace

X2Y2 is a decentralized NFT marketplace that offers a range of features like bulk listing and batch buying for users to trade NFTs. It has quickly become one of the top 5 NFT marketplaces in terms of sales volume, the total number of unique users, and sales count.  In addition to being a leading NFT marketplace, X2Y2 also … Read more

Meta Says No More NFTs

After launching its NFT feature in May 2022, Meta will no longer feature NFTs on Facebook and Instagram. Meta is pulling the plug on non-fungible tokens (NFTs). The news was delivered by Stephane Kasriel, Meta’s head of commerce and financial technologies, via Twitter. This sudden u-turn by Meta comes only 10 months after the launch … Read more