NFT Project with Random Numbers on Black Background Reaches $40 Million Market Value

With cryptocurrency gaining wide acceptance and popularity, non-fungible tokens have registered a successful presence among the younger generation of merchants. People are investing millions in pixel character images and jpegs, impressing a lot of people. But that’s not all. A lot of weirder things are happening. For an NFT project, which can be described simply … Read more

Ether Price Upcoming $4,000 as Upgrade Soon, NFT Momentum Gathers Pace

Ether briefly rose above $4,000 on Friday amid a month-long rise around a major update, and as demand for non-fungible tokens continues to increase. The second-largest cryptocurrency rose to $4,027 on Friday, before reducing earnings. The price was $3,914 at 12:06 pm on Saturday in Hong Kong, trading at levels only previously achieved in May. … Read more

Doge meme behind the Dogecoin phenomenon is sold as NFT for $5.5 million

A non-fungible token (NFT) from the original photo of the famous dog Shiba Inu, which appeared in the legendary 2010 Doge meme, sold for a record price of 1,696 ETH ($5.5 million or about Rs. 40 crores). In June of this year, the dog’s owner, named Kabosu, coined the canine’s original photo as an NFT … Read more

Bitcoin founder’s NFT, Satoshi Nakamoto, as Pepe the frog, earns $350,000 in sales

A non-fungible token modeled on the mysterious Bitcoin founder Satoshi Nakamoto as Pepe The Frog sold for $350,000 (about Rs. 2.5 crores). NFTs created around the meme Pepe the Sapo have been popular for some time. The meme, which is a viral phenomenon, has given rise to a series of ancient non-fungible tokens (NFTs). The … Read more

CryptoPunks becomes the second Ethereum-based NFT project to achieve $1 billion in lifetime sales

CryptoPunks – the popular non-fungible token (NFT) project – surpassed the $1 billion mark (about Rs. 7,330 crores) in sales of all time on August 28 to become only the second NFT project to have reached the done. CryptoPunks, which consists of 10,000 Ethereum-based NFTs, currently ranks second with an all-time sale of $1.16 billion … Read more

NFT sales rise as speculators pile up, skeptics see bubble

Sales of non-fungible tokens (NFT) surged in August, according to the biggest platform for the growing digital asset class, as speculators bet growing interest in the arts, sports and media worlds will keep prices rising. The niche cryptocurrency asset, which is a blockchain-based record of ownership of a digital item such as an image or … Read more

Facebook considers creating NFT features along with the digital wallet

Facebook is considering creating products and features related to non-fungible tokens, or NFTs, the digital assets that took off with the emergence of blockchain technology. “We’re definitely looking at a lot of ways to get involved with the space because we think we’re in a really good position to do that,” said David Marcus, a … Read more

Visa buys a CryptoPunk for $165,000, says it is entering ‘a new era of NFT commerce’

Visa – the global payments technology company – is the latest major company to join the growing non-fungible token (NFT) craze. It announced that it has purchased a CryptoPunk, one of thousands of NFT-based digital avatars, for nearly $165,000 (about Rs. 1.22 crores) paying just under ETH 50. An NFT is a unique digital asset … Read more

Vine co-creator’s new Supdrive project is all about NFTs that are real video games

Supdrive, an NFT video game project, is being run by Dom Hofmann, the co-creator of Vine, a popular short video sharing app that closed in 2017. Twitter user @jacksondame shared more on the microblog site about the which appears to be an out-of-the-box project. Sharing a screenshot of a communication received from Hoffmann, the user … Read more