Non-fungible Token

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Blockchain-Backed Election Art Sells for $66K, Animation Changes After Electoral College Decision

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While Americans wait for the official outcome of the electoral college, a blockchain-backed non-fungible token (NFT) called “Crossroad” will change to one of two animations featuring the 45th U.S. President Donald Trump. The animated election-based “Crossroad” NFT recently sold for a whopping $66,666 to a user named “Pablo.” Non-fungible tokens have been very popular in … Read more

NFT Digital Art That Changes With Bitcoin Price Volatility Sold for Record $101,000

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Matt Kane’s “Right Place & Right Time,” a non-fungible token (NFT) digital artwork that changes every day with the bitcoin price volatility, claims the artist, has been sold for a record 262 ether or $101,100 on blockchain platform Async Art. According to a description of the artwork on Async Art’s website, a new composition for … Read more

NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week

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While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during the last seven days. When Satoshi Nakamoto … Read more