South Korea may soon turn into the blockchain industry hub once again as more of its people are increasingly adopting different crypto innovations such as use cases of non-fungible tokens (NFTs) at relatively tremendous rates. Recent data analysis confirmed that non-fungible token adoption has skyrocketed in South Korea this year, making it a leader in… Continue reading NFTs Adoption Increases In South Korea In 2022
Tag: adoption
NFTs Help In Addressing The Gender Gap
In recent months, nonfungible tokens (NFTs) have received lots of media attention. However, experts and analysts agree that their effects and impact will spread beyond selling digital artwork and tweets. It is expected to change the way people communicate their ideas forever. Despite the promise of breaking the mold, the global NFT market appears to… Continue reading NFTs Help In Addressing The Gender Gap
Crypto Industry Needs Dynamic NFTs – Vivid Labs CEO, Halsey Minor
Just like many other industry leaders, analysts, and investors who continue sharing their thoughts for the crypto sector, Halsey Minor, the CEO of non-fungible tokens (NFTs) platform provider Vivid Labs (VID), has also joined the big team and shared his views for the crypto industry. In a short interview on February 17, Halsey acknowledged the… Continue reading Crypto Industry Needs Dynamic NFTs – Vivid Labs CEO, Halsey Minor
Automakers Rush To Mint NFTs, Is There A Strong Use Case?
Nonfungible tokens (NFTs) seem to be taking over the crypto space as it happened in 2021. Would you be comfortable buying a car that you cannot drive? The latest NFT trend seems to be kicking in. However, some investors are divided on whether the hype will stick around in the long term. Just before the… Continue reading Automakers Rush To Mint NFTs, Is There A Strong Use Case?
OpenSea Monthly Volumes Surpass $5B As NFTs Go Mainstream
Most of the blue-chip NFTs are rallying week after week, closing out a major start to the year. But many now wonder, what is pushing these collections higher? In the past two weeks, Bored Ape Yacht Club, Azuki, Mutant Ape Yacht Club, and CloneX have recorded considerable gains in floor prices and total sales volume.… Continue reading OpenSea Monthly Volumes Surpass $5B As NFTs Go Mainstream
22-Year Old Indonesian Makes $1 Million Selling NFT Selfies On OpenSea
Ghozali is said to have spent up to five years clicking selfies in front of his computer. Later, he converted the selfies into NFTs and then uploaded them to OpenSea in December 2021. This Indonesian college student has now allegedly become a millionaire by selling nonfungible token (NFT) versions of his selfies on the OpenSea… Continue reading 22-Year Old Indonesian Makes $1 Million Selling NFT Selfies On OpenSea
Ubisoft New NFT Project Vid Plagued By 96% Dislike Ration
The top comment on the Ubisoft YouTube video that is introducing its nonfungible tokens (NFTs) has more likes than the real video. The comment slammed the company for ‘milking’ money from its clients. Ubisoft Entertainment SA’s, the French gaming giant, new nonfungible token (NFT) project Quartz is facing major pushback from the gaming sector. Ubisoft… Continue reading Ubisoft New NFT Project Vid Plagued By 96% Dislike Ration
NFTs Find Their Way Into Museums
In recent months, the nonfungible token (NFTs) market has grown exponentially spreading even into the gaming world. Now, the sector seems to be getting real-world use cases with its infiltration into the museum world. A study conducted by the International Council of Museums (ICOM) discovered that as a result of the COVID-19 pandemic, over 30%… Continue reading NFTs Find Their Way Into Museums
NFT Art Might Never Be Mass-Marker, NFT Licenses Might Gain Mass Adoption
NFT digital art sales generate many headlines. However, that is not the mass-market use of the nascent technology. In August, Visa got itself a fancy Twitter avatar. Although that avatar did not stay up for long, this 8-bit-styled picture of a visibly unamused woman with a stylish Mohawk still made many headlines. It was not… Continue reading NFT Art Might Never Be Mass-Marker, NFT Licenses Might Gain Mass Adoption
Wear-to-Earn NFTs Go For The Billion-Dollar Fashion Sector
NFTs seem to be taking over the world. The rise of Web 3.0 and the Metaverse are expected to disrupt many sectors of the global economy. The billion-dollar global fashion sector will not be spared. As the world shifts from the physical to the digital realm, traditional fashion designs can change into virtual wearables that… Continue reading Wear-to-Earn NFTs Go For The Billion-Dollar Fashion Sector