News NFTs

NFT firm Dust Labs Raises $7 Million

Recently, an NFT firm by the name of Dust Labs raised a round sum of 7 million USD to build their $DUST ecosystem in their seed round. This investment has been carried out among several companies, namely Hyperspace, Hello Moon, Cymbal, Foundation Capital, Metaplex, Jump, FTX Ventures, Solana Ventures, and Chapter One. The investment is […]

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News NFTs

GameStop Launches NFT Marketplace Amidst the Ongoing Crypto Winter

GameStop, the American video games and consumer electronics retail chain, launched its non-fungible token (NFT) marketplace today. This marketplace will allow gamers, creators, collectors, and other GameStop community members to buy, sell and trade NFTs. This move is controversial because major cryptocurrencies crashed earlier this summer and are showing no signs of recovery. Coupled with […]

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News NFTs

What potential do NFTs have – and what are the risks?

Art, Music, Communication: Could NFTs Turn All of This Inside Out? Many are convinced of the new technology, but there are also critics. “STOP ASKING ME TO DO NFT’s,” US rap star Kanye West recently wrote on his Instagram profile. The hip-hop world can hardly be imagined without the topic: the Berlin rapper Kool Savas, […]

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NFTs

Nobody needs NFTs!

NFTs are all the rage in the tech and art worlds. They are hyped as the salvation of digital art and generate millions in profits. But are they useful? Does the world need NFTs? Do you help artists? No! A comment. $69.3 million for a Beeple digital artwork. $590,000 for the Nyan Cat meme. NFTs […]

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Metaverse NFTs

Video NFTs, Live Shopping & Co.: YouTube’s Plans For 2022

Video NFTs, live shopping and metaverse: In an official blog post, the streaming platform YouTube presents its current plans for 2022. We explain the background. On February 10, 2022, YouTube’s head of product Neal Mohan published a detailed post on the streaming platform’s official blog. Under the heading “Community, Collaboration, and Commerce” he presents YouTube’s […]

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News NFTs

Meta Introduces NFTs into Instagram

Instagram is starting to test NFT showcases across the platform. The early tests are limited to just sixteen accounts. But, Meta plans to build support across all its platforms down the line. This development is very significant in the growth of cryptocurrencies provided the influence Meta’s platforms as Facebook and Instagram have. Instagram stated on […]

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News NFTs

Tennessee Titans Might Become the Next NFL Team to Accept Bitcoin for Payment

NFL team Tennesse Titans have announced plans to accept bitcoin as a payment method. This increases crypto’s overall reach by a huge margin and pushes digital currency into yet another niche. Although this isn’t the first time crypto has infiltrated its way into sports, being accepted by a well-reputed team signifies a huge leap forward […]

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News NFTs

High-Definition Scan of Mandela’s 1961 Arrest Warrant Sold for $130,000 as NFT

Major anti-Apartheid leader, Nelson Mandela, has left a legacy in South Africa. In 1962, he was arrested from the Lilisleaf farm alongside other party leaders. The farm used to be the secret headquarters of the African National Congress. When government officials and the police came in search of Mandela and other party leaders, they hid […]

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News NFTs

PUBG Developer Krafton Joins hands with Solana for Blockchain And NFT Games

The ‘People’s Favourite’ gaming company behind the smash hit PUBG Series will launch an “assault” into the NFT battlegrounds. The world’s leading video game publishers are experimenting with Web3 gaming, utilizing NFT assets and cryptocurrency-based ecosystems in the process. A well-known gaming company with a tremendously successful brand is developing blockchain-based games — specifically, on […]

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News NFTs

Instagram is launching NFTs, Mark Zuckerberg confims at SXSW

Instagram is booming in the age of digitalistaion. The platform’s publicity keeps on increasing with the time due to continuity In bringing new features like Story, Igtv, reels and now NFTs. Yes, you heard it right Instagram is launching NFTs, Mark Zuckerberg comfirms this at SXSW. Non-Fungible Tokens are digital assets that contains ownership over […]

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