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Nigerian artists are now increasing their net worth by leveraging the art world’s lucrative pivot to non-fungible tokens (NFT). According to reports, this move to NFTs is happening despite the Nigerian central bank’s renewed anti-crypto stance. NFT Bubble Concerns As a recent CNN report explains, growing interest in NFTs from Nigerian artists comes alongside warnings … Read more
Cryptocurrency exchange Binance launched its NFT marketplace on Thursday. The platform allows users, including artists, creators, and crypto enthusiasts, to mint and trade non-fungible tokens (NFTs). It employs Binance’s blockchain infrastructure and features various forms of digital artwork and collectibles. NFT Collection Brings Together Celebrated Artists in a ‘Genesis’ Auction The long-awaited Binance NFT Marketplace … Read more
CNN will drop NFTs depicting historic moments such as space travel, technological advancements, and presidential elections. Go to Source Powered by WPeMatico
Fox has announced a $100 million fund under its NFT firm Blockchain Creative Labs, and is set to launch a range of NFT content, digital goods, and assets. Go to Source Powered by WPeMatico
One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction the digitally represented items on Binance’s non-fungible token (NFT) marketplace. Uganda … Read more
Etherscan has enabled users to “track most NFT activity on Ethereum” after it revealed its new non-fungible token transfer tool on June 1. Go to Source Powered by WPeMatico
Gamestop may be working on its own NFT marketplace, while Rookie of the Year candidate LaMelo Ball is set to drop 500 Dynamic NFTs. Go to Source Powered by WPeMatico
The incredible momentum of the nascent non-fungible token (NFT) market has attracted significant attention from collectors and investors alike. Still, one group that is notably benefiting from this paradigm shift is the artists behind these creative works. New Era for Art Emerges as a Net Positive for Creators Over the last few months, much of … Read more
Avatar developers Genies are set to launch an NFT marketplace on Flow later this year after closing a Series B funding round with $65 million. Go to Source Powered by WPeMatico
A South African non-fungible token (NFT) marketplace, Momint has officially launched following the end of the two-week trial phase which saw the artwork of former rugby player Bryan Habana fetch over $10,000. More than 800 people from 25 countries took part in the auction. The Momint marketplace, which has been developed as a social media … Read more
