The NFT market seems to be heating up despite the general cool-off in the crypto space. In a surprising yet interesting turn of events, Pudgy Penguin’s latest venture into the physical toys world has exploded and taken the Amazon marketplace by storm. The launch of the Pudgy Penguins NFT-inspired toys sparked lots of interest and… Continue reading Pudgy Penguins NFT Toys Are Popular Now Selling Over $500K In 2 Days
Tag: nonfungible tokens
Art Blocks Introduces ‘Human Unreadable’ Expanding The Digital And Physical Art Sector
The latest reports reveal that Art Blocks is set to launch a new project in conjunction with the prize-winning duo, Operator, on May 24. Their release will integrate blockchain technology, coding, and choreography for a distinct generative art experience. Interestingly, the first 100 digital collectibles will become part of a live performance, as well. Here… Continue reading Art Blocks Introduces ‘Human Unreadable’ Expanding The Digital And Physical Art Sector
China Sets Strict Rules For The NFT Market
Nonfungible tokens have been on the recovery road since the start of 2023 after a severe bearish market. As a result, NFTs have caught the attention of Chinese authorities. China’s national agency that is responsible for legal prosecution, the Supreme People’s Procuratorate, recently published a document aimed at establishing a legal infrastructure for nonfungible tokens.… Continue reading China Sets Strict Rules For The NFT Market
Major Companies Scramble To File Web3 Patents
Fico, Haribo, Fujitsu, and many other firms are adopting proactive measures to help secure their intellectual property in the NFT and Web3 space using patents. In recent months, patents have become a trendy topic as firms look to gain a competitive edge in the quick-paced blockchain sector. By filing patents with relevant authorities, these firms… Continue reading Major Companies Scramble To File Web3 Patents
‘Brave New World’ NFT Book Lets Users Own A Piece Of Literary History
The publishers of the Sci-Fi book “Brave New World” said that the popular book will soon be transformed into nonfungible tokens (NFTs). The Algorand Foundation and Book.io are partnering to introduce 10,000 eBooks of Aldous Huxley’s classic to the blockchain. What is known about the “Brave New World” NFTs? This means that Aldous Huxley’s most… Continue reading ‘Brave New World’ NFT Book Lets Users Own A Piece Of Literary History
What Are xNFTs?
The Mad Lads trends within the nonfungible token (NFT) sector has introduced a new kind of NFT known as xNFTs. What are xNFTs? The ‘Executable NFTs’ are distinct digital assets that can run code. That makes them quite different from the traditional NFTs that have been mainly utilized as collectibles in music, art, and gaming.… Continue reading What Are xNFTs?
ESL Esports Joins Web3 With Runiverse
A leading metaverse gaming platform Runiverse has entered the world’s largest esports Tournament Platform ESL. This move is said to have revolutionized the web3 gaming experience by unveiling its app for the first time. They strive to bridge the gap that exists between the traditional gaming and web3 gaming industries. Runiverse also gives gamers a… Continue reading ESL Esports Joins Web3 With Runiverse
Sotheby’s Metaverse Introduces Innovative On-Chain NFT Marketplace
Sotheby’s has been dominating the NFT auction space in recent years. In that context, the 275-year-old auction house has launched its secondary NFT marketplace within its metaverse. This platform is a home for fine art nonfungible tokens (NFTs). It marks the firm’s additional expansion into the digital asset space. This development has now set Sotheby’s… Continue reading Sotheby’s Metaverse Introduces Innovative On-Chain NFT Marketplace
NFT Market Seems Out Of Balance As Sellers Dominate
Since the beginning of April, there has not been one day where the total sellers on the NFT market have not surpassed the total number of buyers. Recent market data has shown that throughout this month, the nonfungible token (NFT) market has constantly seen many sellers, without a single exception so far. Based on data… Continue reading NFT Market Seems Out Of Balance As Sellers Dominate
Amazon NFT Marketplace Introduces The Future Of Digital Collectibles
The much-expected Amazon NFT Marketplace is now scheduled to open on May 15, after a recent delay due to some technical issues that have since been resolved. This advanced and groundbreaking platform will allow users to sell, buy, and trade nonfungible tokens (NFTs) smoothly. Furthermore, various rumors in the NFT space indicate that clients may… Continue reading Amazon NFT Marketplace Introduces The Future Of Digital Collectibles