NFT Market Rebound After Five Months of Declines
TL;DR NFT sales climbed to $430 million in May, breaking a five-month streak of consecutive market declines. The number of buyers jumped 50%, surpassing 936,000,...
Category : NFT
Latest news about NFTs
NFTs or Non-Fungible Tokens are pieces of digital art that have their ownership record on the blockchain.
In recent years their growth has been exponential and some are already being sold for several million dollars.
Almost any piece of art can be tokenized and become NFT: Images, Audios, Tweets, game objects, songs, etc.
In this section we will bring you the most important news about NFTs and their expansion.
Polygon’s Explosive $22M Week Leaves Ethereum Behind
TL;DR Polygon outpaces Ethereum: Polygon’s NFT sales hit around $22M, overtaking Ethereum’s nearly $19M, signaling a notable market shift. Courtyard fuels momentum: The RWA project...
Shaquille O’Neal to Pay Millions Over Failed NFTs
TL;DR Shaquille O’Neal has agreed to pay $11 million to settle a class-action lawsuit linked to the Astrals NFT project, built on the Solana blockchain....
Reservoir Closes $14 Million Funding Round to Expand Its NFT Infrastructure
TL;DR Reservoir, an NFT infrastructure provider, closes a Series A funding round for $14 million, led by Union Square Ventures (USV). The funding will be...
Mint Blockchain Secures $1.35 Million to Lead NFT Innovation
TL;DR Mint Blockchain secures $1.35M in OP tokens, the only Superchain approved by the OP Grants Committee. The funding will be used to attract developers...
Melania Trump Launches Fashion-Forward Necklace with Solana NFT Integration
TL;DR Melania Trump launched a necklace collection that includes an NFT on the Solana blockchain. Buyers receive a unique NFT as proof of digital ownership...
Trump’s Fourth NFT Collection Raises Over $2 Million
TL;DR Donald Trump launched his fourth NFT collection, “Series 4: The America First Collection,” on August 27, 2024. The collection has generated more than $2.17...
Boson Protocol and Superchief Gallery Drive Art Tokenization
TL;DR Boson Protocol and Superchief Gallery have tokenized an art collection valued at $5.1 million, using NFTs to represent the works and facilitate their purchase...
CryptoPunk #5822 Quietly Sold Amidst Declining NFT Market
TL;DR CryptoPunk #5822, sold in 2022 for $23.7 million, was transferred again without disclosing its price. The community speculates that the sale may have been...
Shaquille O’Neal Faces Lawsuit Allegations Over Astrals NFT
TL;DR A Miami court has dismissed the allegation that Shaquille O’Neal had control over the Astrals NFT project. The court found that O’Neal acted as...