DappRadar: NFT Prices Fall but Sales Rise
TL;DR DappRadar reported a 45% drop in NFT trading volume in the second quarter, while sales rose 78%. OpenSea led activity with a 156% increase in trades, driven…
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.
Why this topic matters
NFT coverage tracks digital collectibles, marketplaces, gaming assets, creator economies, intellectual-property disputes, token standards and Web3 culture. The hub focuses on both market activity and the infrastructure behind ownership and trading.
Common questions
What does NFT coverage include?
Collections, marketplaces, gaming assets, creator tools, token standards, legal disputes and Web3 culture.
Are NFTs only collectibles?
No. NFTs can also represent gaming items, access rights, digital identity, tickets and other tokenized assets.
What risks are important in NFTs?
Liquidity, copyright issues, scams, smart contract risk, marketplace rules and volatility.
More from this category
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…
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…
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…
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…
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…
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…
Unstoppable Domains and Farmsent Launch .farm: Empowering Farmers with Secure Digital Identities
TL;DR Unstoppable Domains and Farmsent launch new “.farm” domain to empower 20 million farmers with a secure digital identity. The “.farm” domain allows farmers…
Solana Leads Surge in NFT Sales as Ethereum Faces Decline
TL;DR NFT sales on Solana increased by 30% in the last 24 hours. The Ethereum network saw a 20% drop in the same period.…
Dolce & Gabbana Faces Lawsuit Over Failures and Delays in Selling Their NFTs
TL;DR Dolce & Gabbana faces a lawsuit from a customer over the unsatisfactory delivery of clothing NFTs in the Metaverse. During the delay, the…
NFT Crisis: Temporary Bump or the Beginning of Its Disappearance?
TL;DR The NFT market is experiencing a significant decline. 95% of assets have lost their value, raising concerns. There has been a 97% reduction…