In 2023, Sotheby’s, the famous fine arts auction house, made an impressive impact in the digital art industry, with sales hitting $35 million. Based on a report by Michael Bouhanna, the company’s vice president and head of digital art, 2023 was one of the most exciting for digital art. First Live Digital Auction One of… Continue reading Sotheby’s Surges In Digital Art: $35M In 2023 Sales
Tag: NFT
Emerging Trends In Blockchain Gaming: 2024 And Beyond
Non-fungible tokens (NFTs) and blockchain gaming have experienced a surge in popularity. As we head into 2024, the trend shows no signs of slowing down. Looking into the future, NFTs are expected to be a driving force behind blockchain gaming adoption, and several notable trends are set to shape the exciting landscape. Play-to-Earn vs. Play-and-Earn… Continue reading Emerging Trends In Blockchain Gaming: 2024 And Beyond
Yuga Labs Metaverse Projects Dominant In Digital Land NFT Sales In 2023
The year 2023 ends this week, and the final list shows how strong Yuga Labs was with its projects regarding digital land NFT sales. Reports say that nearly 70-80% of the projects on the list belong to Yuga Labs. Projects in talks are Otherdeed for Otherside, and Otherdeed increased considerably. Otherdeed #67782 was sold for… Continue reading Yuga Labs Metaverse Projects Dominant In Digital Land NFT Sales In 2023
GoMining Unleashes Exclusive Christmas NFT Collection
The exclusive Christmas NFT series from GoMining, a leading mining firm that offers smooth access to Bitcoin (BTC) mining rewards by just holding NFTs, is now available for purchase. Based on a statement by the Gomining team, the distinct NFT drop features 50 unique NFT miners that are shaped like vibrant Christmas balls, each valued… Continue reading GoMining Unleashes Exclusive Christmas NFT Collection
Chinese Central Bank Encourages The World To Jointly Regulate Crypto And NFT
The People’s Bank of China recently addressed issues that are related to the regulation of cryptos, NFTs, and decentralized finance (DeFi) in its latest financial stability report. Interestingly, the People’s Bank of China (PBoC) has resolved issues related to crypto regulation and decentralization finance (DeFi) in its latest financial stability report, in which it now… Continue reading Chinese Central Bank Encourages The World To Jointly Regulate Crypto And NFT
The Sandbox’s Move For NFT Royalties Aims At Supporting The Creator Economy
Non-fungible tokens (NFTs) royalties are reshaping how developers benefit financially from their work, transitioning them from one-time sales to sustained earnings. The Sandbox has embraced the concept, innovating its marketplace to help facilitate a fair and automatic redistribution of royalties. The Mechanics Of NFT Royalties When an NFT is minted, the developers set a royalty… Continue reading The Sandbox’s Move For NFT Royalties Aims At Supporting The Creator Economy
Disclosure Introduces 1,000 Distinct AI-Generated NFTs With Beatport
With their latest venture, grammy-nominated electronic music duo Disclosure is breaking new ground in the music industry. They confirmed the release of 1,000 unique NFTs, each featuring an AI-generated version of their track “Simply Won’t Do” from the “Alchemy” album, which debuted in July 2023. Termed as the Disclosure Bronze Editions, this NFT collection is… Continue reading Disclosure Introduces 1,000 Distinct AI-Generated NFTs With Beatport
Farcana Secured $10 Million Seed Funding To Power MENA’s Web3 Growth
A third-person multiplayer shooter game, Farcana, secured $10 million in seed funding from a major consortium of investors. The lead backers of this project include Polygon Ventures, Merit Circle, Animoca Brands, and Fenbushi Capital, among others, representing a remarkable list that reflects the massive growth potential displayed in Farcana’s future. Farcana’s Gameplay Set in the… Continue reading Farcana Secured $10 Million Seed Funding To Power MENA’s Web3 Growth
Ubisoft Unveils Exclusive Drop Date for ‘Champions Tactics’ Ethereum NFTs – Your Free Pass to Digital Glory
A free mint is coming soon for Ubisoft’s first original NFT game. Let us look at the Champions Tactics: Grimoria Chronicles and its NFT plans. On December 13, 2023, Ubisoft announced the Ethereum NFT mint date for its first original blockchain game titled Champions Tactics: Grimoria Chronicles, highlighting that its “Warlords” will be available on… Continue reading Ubisoft Unveils Exclusive Drop Date for ‘Champions Tactics’ Ethereum NFTs – Your Free Pass to Digital Glory
FIFA To Unleash NFT Collection To Secure World Cup Tickets
World football governing body, FIFA NFT Collection on Polygon which can essentially grant access to the Club World Cup final is scheduled to drop soon. Based on the latest announcement, FIFA will launch a Non-fungible token (NFT) collection meant for FIFA Club World Cup Saudi Arabia 2023™ in partnership with a blockchain-inclined technology company called… Continue reading FIFA To Unleash NFT Collection To Secure World Cup Tickets