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Burned Banksy NFT Sale Captures Close to $400K, Critics Claim Buyers Are ‘Morons’

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On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69 ethereum or $394k using today’s ether exchange rates. However, not … Read more

A Group of Crypto Proponents Burned an Original Banksy ‘Morons’ Print and Turned It Into an NFT

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Original artwork crafted by the pseudonymous England-based street artist and political activist Banksy has been burned in order to turn the art into a non-fungible token (NFT). The screenprint was one of only 500 made and was authenticated by Banksy’s verification company Pest Control. The burning was a symbolic message of turning a rare piece … Read more

Flow NFTs Are Coming to OpenSea

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PRESS RELEASE. February 23, 2021 – OpenSea, the largest marketplace for blockchain-enabled non-fungible tokens (NFTs), is in the process of building support for Flow, a blockchain built for mainstream consumer scale originally created by Dapper Labs, the company behind CryptoKitties and NBA Top Shot, which has recently reached over $150 million in sales volume, becoming … Read more

NFT Craftiness: Mint a Non-Fungible Token Art Collectible in Less Than 15 Minutes

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In the last few months the non-fungible token (NFT) art space has exploded and data shows that there’s been over 4.9 million sales worth well over $128 million to-date. This week I decided to create an Ethereum-based NFT leveraging the application rarible.com, in order to show our readers how to issue an NFT collectible or … 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

Non-fungible Digital Artwork Sale Shatters Records, ‘Picasso’s Bull’ NFT Sells for $55K

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During the first week of July, news.Bitcoin.com reported on the growing sales of non-fungible token artwork being sold on marketplaces like Opensea, Nifty Gateway, and Makerplace. Just recently, the NFT market Nifty Gateway broke records selling a piece of digital artwork created by the artist Trevor Jones for $55,555. Non-fungible tokens (NFT) and digital artwork … Read more

‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art

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The non-fungible token (NFT) and blockchain-backed collectible economy continue to see demand and the digital art market Makerplace has seen enormous growth recently. A number of well known artists have started to participate, as work from the acclaimed comic book illustrator Jose Delbo and 4K video art from Terry Flaxton will be sold on the … Read more