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NON-FUNGIBLE TOKEN

 
A special type of cryptographic token that is a representation of a unique digital asset that is not interchangeable. This is in contrast to cryptocurrencies like Bitcoin, and many networks or utility tokens that are fungible in nature.

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Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction
Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.

The Thrill Behind Non-Fungible Tokens
A non-fungible token (NFT) is a digital asset whose ownership is blockchain-based, and its value is pegged on its uniqueness. Some of the most common use-cases of NFTs include event tickets, game items, digital collectibles, software licensing, digital certificates, in-game props, authentication certificates, and domain names.

Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity
Twitter CEO Jack Dorsey has capitalized on the non-fungible token (NFT) hype that has been going around.

NFT Mania Grips The Market As Hashmasks Emerge
While Bitcoin’s market capitalization passed $1 trillion for the first time ever on Feb.19, the Non Fungible Token (NFT) market has been growing at a pace like never before as well. A NFT is a special kind of crypto token which represents a wide range of tangible and intangible items from sports cards or collectibles, art and even real estate.

Beeple NFT Sells at Auction for $69.3M, The Biggest NFT Sale to Date
The world's most valuation NFT by Beeple has been auctioned at Christie's for an approximate sum of $69.3 million

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.

Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works
Sotheby’s auction house will be accepting Ethereum cryptocurrency during live bidding for its upcoming virtual exhibition where two of Banksy's artworks will be up for sale.

Game Developers Have Increasing Interest in Blockchain and NFTs Products, says Stratis Survey
A new survey report shows a sizeable number of respondents agreeing that blockchain technology will become prevalent in video gaming within the next two years.

Walmart to Launch its own Crypto and Collection of NFT
US retailer Walmart is actively engaging in Metaverse, with documents filed with the US Patent and Trademark Office late last month, showing that the company is preparing to create its own collection of crypto and NFTs.

Twitter Enables Bitcoin Tipping on Its Platform, Plans to Support Users to Unlock NFTs Services
Twitter has moved to let its users tip content creators using Bitcoin to help users earn money for the platform. The social media giant is also expanding its reach to support users to authenticate and showcase their NFT digital assets.

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says
William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future. The delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto.

Mozilla Foundation Backtracks on Accepting Cryptos after Backlash
Mozilla has reversed its stance on accepting cryptocurrencies after facing backlash over concerns about the impact cryptocurrency mining has on the environment.

UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs
To celebrate efforts of saving children's lives and defending their rights for seventy-five years, UNICEF intends to sell 1,000 data-driven NFTs.

Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
Crypto.com announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.

FTX US and DC Sports Leader MSE Establishes Multi-year Crypto Exchange, NFT Deals
Cryptocurrency exchange FTX USA announced on December 20 that it has become a cryptocurrency exchange and non-fungible token (NFT) partner with Monumental Sports & Entertainment (MSE).

Nike Acquires NFT Sneaker Collectibles Startup RTFKT
NFT platform RTFKT Studios, which integrates reality into fashion and games, announced on its official Twitter account on December 13 that it has been successfully acquired by sports brand giant Nike.

Ethereum's Revenue Hit $9.9B in 2021 as ETH Emerges as the Most Searched Project
Ethereum (ETH) scaled the heights in 2021 by generating revenue to the tune of $9.9 billion thanks to a couple of use cases on its network.

Polygon Launches New Division Polygon Studios, Focusing on Blockchain Games and NFT Fields
Ethereum layer 2 scaling solution Polygon today announced establishing a new division, Polygon Studios, to focus on blockchain games and non-fungible tokens (NFTs).

Bitcoin Celebrates 13th Birthday as the Cryptocurrency Era Continues to Tick
On January 3, 2009, Bitcoin’s genesis block was mined, setting the ball rolling on what the crypto space would offer.

Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals
Nvidia Corporation has set its eyes on adding more creativity in the metaverse based on various marketplace and software deals.

Ripple Reports Massive Sales Growth in Q3 Riding on Crypto Price Surge
Blockchain payments firm, Ripple Labs Inc has announced its sales record for the fiscal third quarter which comes in at $491.74 million.

WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan
Interactive game company WildWorks said it will enter the field of encrypted games and establish a new department focused on the development of the NFT virtual game community.

NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b
The non-fungible tokens (NFTs) sector continues to take the world by storm based on the massive growth experienced.

PwC Global Crypto Leader Henri Arslanian on the Future of the Crypto Ecosystem
Henri Arslanian, the PwC Global Crypto Leader, Chairman of the FinTech Association of Hong Kong, is the highest-profile FinTech consultant in Hong Kong according to Chambers Global. Blockchain.News interviewed Arslanian at the Asian Financial Forum held in Hong Kong earlier this month, where he was invited to speak on the development of FinTech. The Asian Financial Forum brought over 3,500 speakers and influential financial experts, policymakers, and business leaders.  

HolyShxxt!'s NFT and Future GameFi plans Shows HK's Potential
Hong Kong-based non-fungible token (NFT) and blockchain developer HolyShxxt!'s release of NFTs and their plan to launch a strategic football management simulation GameFi shows the potential growth of the fusion of gaming and blockchain-powered financialization in the city and globally.

New Art Landscape of NFT Shaping in Hong Kong
【Feature】Although Hong Kong's art scene is already booming lucratively with galleries and auction houses showcasing world-class art pieces, the city is on its way to adding another milestone on its journey with non-fungible tokens (NFTs).

TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse
It’s no secret that TRON has been eyeing a foray into NFTs and digital collectibles for some time; only last week, Justin Sun was pipped to the punch to purchase Beeple’s NFT art collection at Christie’s. The TRON founder placed a last-minute bid that fell just short of the $69 million the work eventually went for.

eBay Officially Launches NFT Sales on Its Platform
eBay has moved to get a piece of the pie in the NFT market share.

Pixlr to Launch NFT-based Art Gallery With a Collection of Unique AI-generated Art Pieces
Pixlr is launching Pixlr Genesis, a decentralized NFT-based art gallery on December 1, 2021, with a collection of 10,000 unique, AI-generated art pieces.

Colnago Deploys Blockchain-Powered Digital Passport for Seamless Cycling Experience
Colnago, a leading Italian road-racing bicycle manufacturer, has integrated blockchain technology into its new bicycles so that customers can get proof of validity and ownership.

WWE Plans to Release the Undertaker NFTs Ahead of WrestleMania 37
The World Wrestling Entertainment (WWE) has announced that it will release non-fungible tokens (NFTs) featuring the Undertaker ahead of WrestleMania 37, which will run today and tomorrow at Raymond James Stadium, Tampa, Florida.

Tron Foundation Launches its "Just NFT Fund"
The Tron Foundation has launched its" Just NFT Fund" to help bridge the gap between artists and the NFT metaverse.

The New York Stock Exchange to Mark Companies' Trading Debuts with NFT
The New York Stock Exchange is launching "NYSE First Trade NFTs" to mark the company's historic debut on the public bourse.

NFTs of Nobel Prize-winning inventions to be auctioned by UC Berkeley
UC Berkeley will sell data for immunotherapy and gene editing from the Nobel Prize winners to non-fungible tokens (NFT) next week.

US Filmmaker Kevin Smith Plans to Sell New Horror Movie "Killroy Was Here" As NFT
US filmmaker Kevin Smith wants to release a new horror movie as an NFT.

Metis Launches The First-Ever Community-Minted NFT
Blockchain company Metis has announced today a launch of the first-ever community-minted non-fungible token (NFT), called “Rebuilding the Tower of Babel.”

SolChicks- The Best Play-to-Earn Game on Solana.
SolChicks is the next best play-to-earn RPG battle gaming ecosystem. Real-time PvP, raids, tournaments, farming, and more.

Fundraising by Crypto Companies Accounts for $8.2B in Q3
A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare
Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

NFT platform Autograph Raises $170M in Series B funding
Another NFT platform succeeds in raising capital from investors; Autograph has raised $170 million in Series B funding, co-led by a16z and Kleiner Perkins.

New York Stock Exchange to Release NFTs For Six Stocks
The New York Stock Exchange has revealed that it will launch NFTs to celebrate the debut of six stocks recently listed on its platform - Roblox, DoorDash, Unity, Snowflake, Spotify, and Coupang.

Bitwise Adds Blue-Chip NFT Index Funds to its Big Bag
Bitwise has announced the launch of its Blue-Chip NFT Index Fund, a product it said will be available to accredited investors in the U.S.

Elon Musk Reverses Decision to Sell NFT, but not before Setting an Asking Price of 420M Dogecoins
Elon Musk expressed his wish to sell his NFT for 420 million Dogecoins. This would translate to a total profit of around $24.26 million. However, the Tesla CEO seems to have come back on his decision. What has happened to DOGE's price in the meantime?

Top 5 Technology Trends that Might Shape in 2022 and Beyond
One word that has been on the tip of the tongue of almost every second person on this planet especially since the last decade, and that has completely revolutionized the world in which we are currently living, is none other than technology.

What are NFTs?
A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.

Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High
The latest surge in the crypto market has made Ethereum’s perpetual swaps open interest to hit a record-high.

Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.

Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges
Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.

Crypto Review 2021: Full of Uncertainty and Volatility
Before the end of 2021, Blockchain.News summaries serval key events and milestones that the crypto sector has witnessed this year.

Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan
A decreased return in Ethereum's NFT market share is attributed to congestion and high gas fees.

Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially
Ethereum non-exchange whales have been accumulating more coins, which signifies a holding culture.

Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales
Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.

ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High
Ethereum (ETH) has been undergoing a mass exodus away from crypto exchanges recently, given that its balance dropped to a two-year low.

Ethereum-Based Products Hit a 72.8% Monthly Growth as the US Reigns Supreme in DeFi Adoption
Ethereum-based products skyrocketed to $13.8 billion after recording a 72.8% monthly growth.

Is Tezos' NFT Reawakening Enough to Sustain its Current Price Uptrend?
Tezos (XTZ) printed a new ATH over the weekend, rising on the back of its ongoing NFT rejuvenation.

Mark Cuban Discusses Dogecoin with Ellen DeGeneres as DOGE Adoption Surges
Mark Cuban has given Ellen Degeneres a brief rundown on Dogecoin and NFTs.

Solana Elbows Tether to 4th Position amid NFT Secondary Sales Clocking $500M
Days after flipping Cardano (ADA) to become the fifth top cryptocurrency, Solana (SOL) is not relenting in its quest to scale the heights because it has dethroned Tether (USDT) at the fourth position.

XRP Coin to Feature in DeFi With Proposed Wrapped XRP Coming to Ethereum
Starting from next month, blockchain cross-chain assets provider Wrapped.com will be launching wrapped XRP (wXRP), a 1:1 XRP asset on the Ethereum blockchain.

Publicly Traded Voyager Digital to Add Support for Avalanche Token
The Avalanche public blockchain network has continued to expand its ecosystem reach as a publicly-traded digital currency brokerage firm, Voyager Digital has announced it will be adding support for the AVAX coin.

Hong Kong-based Startup Animoca Brands Increases Shares in Kikitrade to Deepen Partnership
Following Kikitrade's plan to widen its participation in the blockchain gaming and non-fungible token market, Hong Kong-based startup firm Animoca Brands has increased its shareholding to become the second-largest shareholder.

OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount
OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had bought cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.

Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT
Toronto-based publicly-traded Blockchain technology company Tokens.com Corp has launched Hulk Labs, a platform focusing on Crypto gamefi and NFT investment.

GameStop Shares Surges 26% after Announcing Entry into NFT, Crypto Markets
GameStop said the company is entering the NFT market. Its shares on the Nasdaq exchange, GME, rose 26% in after-hours trading after the announcement.

Coinbase's NFT Platform to Allow Purchase With Credit & Debit Cards
Following its new partnership with Mastercard, Coinbase Global Inc will start allowing users to buy NFTs with credit cards and debit cards.

$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
American cryptocurrency exchange Gemini raised $400 million through growth equity financing, led by Morgan Creek Digital. Now it is valued at US$7.1 billion.

Google Partners With Dapper Labs to Aid the Growth of Web3.0
Google has inked a multi-year partnership with Dapper Labs to help scale the development of Web3.0.

Kraken Develops NFT Trading Platform, Offering Token-Backed Loans
Kraken joins the race of offering NFTs custodial services to take a piece of the pie in the $7 billion NFT market that continues soaring in popularity.

Iota Floats Smart Contracts Beta with Zero Execution Fee
The Iota Foundation has launched its smart contract functionality which it said is now available in IOTA 2.0 DevNet.

Alien Worlds Takes the Helm as the Top Blockchain Game, Approximately 11 Million Daily Transactions
Alien Worlds has emerged as the leading blockchain game with nearly 11 million daily transactions undertaken by more than 700,000 monthly active users.

Coinbase Q3 Financial Data Lower Than Expected, Stock Falls
Coinbase's Q3 financial data revealed that the total net income and the earnings per share owned by shareholders were lower than what analysts had expected.

4-Year-Old OpenSea Raises $300M in Venture Capital, Valuation Reaches $13.3B
OpenSea has raised $300 million in new venture capital, bringing the total valuation to a staggering $13.3 billion in just four years after it was founded.

Israel Incoming President Receives NFT Souvenir from his Father
Israel newly-inaugurated President Issac Herzog receives his gift of an NFT-formed oath archive from the parliament, signed by his father and the former president.

South Korea’s Presidential Nominee to Raise Campaign Funds by Using NFT
The campaign office of Lee Jae-myung, a South Korean Presidential aspirant, has announced the plans to raise funds through a blockchain-based digital platform with plans to issue a Non-Fungible Token (NFT) to donors afterwards.

OpenSea Desperate to Hire New Engineers to Relieve its Overwhelmed Staff
OpenSea is on the hunt for new staff members as NFT mania continues to grow

Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR
A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion.

Huobi Launches $100 Million Venture Unit for NFTs and Bolt-On Deals
Huobi Group announced that the company has launched an investment unit with $100 million, reserving part of their cash for non-fungible tokens (NFT).

OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization
Following an apparent phishing attack, OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) owned by New York-based art curator and NFT collector Todd Kramer.

Opensea NFT marketplace Accuses Senior Employee of Insider Trading
Opensea has confirmed an insider trading against the company’s head of product.

New KPMG Report Suggests Potentials for Increased Maturation of the Cryptocurrency Space
The latest bi-annual report released by KPMG highlights the growth of the crypto ecosystem and postulate the possibilities of trend sustenance.

Jack Dorsey Resigns as Twitter CEO, Paving Room for New Ventures to Crypto Business
Twitter co-founder Jack Dorsey has confirmed his resignation as the CEO of the company, leaving room for speculations on his next move and the role crypto will feature in it.

FATF Updates its Guidance to Service Providers to Include DeFi
The Financial Action Task Force (FATF) has updated its guidance governing Virtual Assets and Virtual Asset Service Providers (VASPs) with the inclusion of decentralized finance (DeFi).

The Next Big Cryptocurrency: 7 Altcoins Set to Explode in 2022
Being a PR head at ChangeNOW.io, I can share my view into what happens in the crypto industry and I will review 7 promising projects in 2022

Where's the Crypto Market Heading as We Near 2022? Top Most Promising GameFi Tokens
Crypto investors who pinned their faith on the prediction that Bitcoin would soar to $100,000 by the year-end now have to reconcile themselves to the reality that there won't be a Santa Claus rally before the year is out.

What Are NFTs? Learning How To Create And Sell NFTs
What is an NFT and how to create NFT artwork? Learn about NFT-artwork and how to turn artwork into NFT with 8biticon!

Wallet Code Bug Destroys $100,000 Worth of Ethereum on NFT Marketplace Opensea
A mysterious bug accidentally destroyed more than 42 NFT collectables worth $100,000 in the Opensea marketplace.

Rarible and Adobe Partners to Enhance NFT Security
Non-Fungible Token (NFT) marketplace Rarible has partnered with Adobe to improve the authenticity of digital arts created through Adobe Creative Cloud solutions.

NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says
Kevin O’Leary believes that NFTs have a bigger shot of surpassing Bitcoin because they can digitally show ownership of real-world things like flash cars or designer watches.

Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.
Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.

This CryptoPunk Owner Refuses to Accept a $9.5M Bid for His Rare NFT
A Twitter user with the handle @richerd has rejected a 2,500 ETH (approximately $9.5 million) bid for CryptoPunk #6046.

Oscar Actor Anthony Hopkins's New Production "Zero Contact" to Premiere on New NFT Platform Vuele
The famous Oscar actor Anthony Hopkins' new film called "Zero Touch" will premiere on the new platform Vuele in the form of Non-Fungible Tokens (NFTs). It will be the first feature-length movie sold in the form of NFT.

Pepsi Launches Genesis NFT Collection to Celebrate Anniversary
Beverage giant Pepsi announced the brand would launch nearly 2,000 NFTs to celebrate the anniversary.

Facebook Aims to Integrate NFTs in Novi Digital Wallet
Tech-giant Facebook is escalating its influence by integrating NFTs in its Novi Digital Wallet.

NFTs will be Everywhere in the Future because of Proof of Ownership, Expert says
Caroline Alexander, a finance expert at the University of Sussex, believes that non-fungible tokens (NFTs) will be everywhere in the future because anything that requires proof of ownership will be an NFT.

Reddit Might Gear up for NFT-Based Profile Pictures for Users
Following in the footsteps of Twitter, Reddit is eyeing to permit users to have NFT-based profile pictures through a feature that is being tested.

Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
As residents in Hong Kong struggle to purchase physical property, The Sandbox's virtual assets could be a lucrative investment opportunity for many.

NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators
California-based NFT decentralized platform NFT Oasis announced that it has received the first round of funding from $4.4M, aiming to combine VR and DeFi to art creators with more creative freedom, commercial control, and financial success.

NFT Marketplace Rarible Introduces No-Fee Minting Feature
NFT marketplace Rarible has introduced a new feature, the “lazy minting” feature, billed to lower entry barriers for all creators utilizing its platform.

Luxury Shoe Brand Jimmy Choo Floats First NFT Collection on Binance
Global luxury fashion brand Jimmy Choo has launched its first-ever Non-Fungible Token collection on the Binance NFT marketplace.

Tim Berners-Lee To Auction the Source Code for the World Wide Web as NFT
The source code of the world wide web will be tokenized and sold as an NFT.

Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M
Football start-up NFT platform Sorare reportedly will raise 450 million euros in the financing, led by SoftBank.

NFT Platform LÜM Cooperates with 25 World-renowned Musicians to Launch the "Access Pass" NFT
U.S.-based music blockchain NFT platform LÜM has announced a partnership with 25 world-renowned musicians to launch the “Access Pass” NFT.

Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12
Palm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12.

Twitter Launches Verification Mechanism for NFT Avatars; Bybit Demonstrates Ambition on NFT Marketplace
Twitter said it is rolling out an official verification mechanism for NFT avatars, allowing users to set the NFTs as their profile picture.

OKEx Launches DeFi Hub with Integrated NFT Marketplace
OKEx has launched a DeFi Hub with an integrated NFT Marketplace.

OpenSea Sets New Record for Monthly Ether Trading Volumes at $3.5B
PopularNFT marketplace, OpenSea, has printed a new All-Time High (ATH) in Ethereum trading volume for January as collectors showcase their willingness to break new records in this new year.

Asia's First NFT-backed ‘Crypto Keepers’ Drama Series Officially Launches
AMM Global announced a pairing partnership with Phoenix Waters Productions to launch Asia’s first NFT drama named ‘Crypto Keepers’.

Pope Francis’s Pontifex Carpet Gift Sold as NFT for Charity Purpose in Afghanistan
A Pontifex carpet gifted to Pope Francis by Sheikh Mohamad Bin Zayed Al Nahyan during his visit to the Vatican in Sept 2016 was sold as an NFT for 25 Ether, approximately $81,886.

NFT Platform Mintable Raises $13 million in Series A Financing and will Integrate with XRP Ledger
NFT platform Mintable has received $13 million in Series A financing and will be integrated with Ripple's XRP Ledger blockchain.

Binance Launches New Feature for Users to Buy NFT Collections
Binance NFT has announced the introduction of the Subscription Mechanism, a new feature that will help users to buy Non-Fungible Tokens projects easily and in a fair manner.

Top Tennis Player Andy Murray's Wimbledon NFT Sold for $177,777 at Auction
Scottish professional tennis player Andrew Barron Murray's 2013 Wimbledon championship moment NFT has been sold for $177,777 at the WEENEW auction on Monday.

NFT Boom: OpenSea is Recording More Daily Volume than its Total 2020 Volume
Popular NFT Marketplace, OpenSea now processes 650x the daily transaction volumes it did for the whole of 2020.

Slovenia Makes History as the First Country to Launch an NFT Product
Slovenia is on track to become the first country in the world to launch its first Non-Fungible Token (NFT) series.

NFT Trading Platform Giant MakersPlace Completes $30M in Series A Financing
Non-Fungible Token (NFT) trading platform MakersPlace announced the completion of a $30 million Series A financing jointly led by Bessemer Venture Partners and Pantera Captial.

Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio
U.S. media giant Fox Corp announced a $100 million strategic investment in Eluvio, a blockchain digital content management company to expand the Non-fungible token (NFT) business.

Spanish LaLiga League Joins Hands With Sorare to Launch NFTs for all Players
Spanish LaLiga league has teamed up with Ethereum-based fantasy soccer game platform Sorare to establish non-fungible tokens (NFTs) for all its players.

FTX Cryptocurrency Exchange Launches a Marketplace for Selling and Buying NFTs
FTX has launched a marketplace for non-fungible tokens. The development paves the way for users globally to seamlessly create, sell, and buy NFTs on the exchange.

S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs
Hybe, one of S. Korea's top K-pop management agencies, is planning to expand its marketplace for NFTs by collaborating with celebrities not managed by the firm.

DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding
American musician Justin Blau, also known as 3LAU, established the blockchain music investment company Royal, supported by a $16 million seed round.

HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs
Animoca Brands is partnering with Cube Entertainment to build a metaverse and non-fungible tokens as K-pop has been taking the world by storm.

Alibaba Launches NFT Marketplace for Copyright Trading
Alibaba has launched a new marketplace for trading copyright licenses.

Axie Infinity Sells a Genesis Virtual Land Slot for 550 ETH
The most expensive virtual real estate in the Non-Fungible Token metaverse worth 550 ETH has just been sold by Axie Infinity.

NFT Monthly Trading Volume Records $4B on OpenSea
Despite being the new kid on the crypto block, non-fungible tokens (NFTs) are stamping their authority as trendy digital assets based on increased adoption.

Twitter & Instagram Reportedly To Launch NFT Collectibles
Twitter and Instagram reportedly develop non-fungible tokens (NFT) feature on its app, a mobile developer reveals.

Vogue Singapore Ventures into the NFT Metaverse in September Issue
Vogue Singapore has now ventured into the NFT Metaverse with the introduction of two new NFT art covers.

Ape-Themed NFT CyberKongz Leads Top Protocols in Ethereum Burning Rate
CyberKongZ NFT project is stirring the highest burning rate in the Ethereum network, ahead of major platforms like OpenSea and Axie Infinity.

United Nations Showcases NFTs Meant to Foster Climate Change Awareness
The United Nations, through its UN-Habitat program, is taking advantage of NFTs to create awareness about the global climate crisis through an initiative called DigitalArt4 Climate.

NFT Trading Platform Giant OpenSea Raises $100 M in Series B Funding, Becoming Next Crypto Unicorn
The well-known NFT trading platform giant OpenSea announced the completion of a US$100 million Series B financing, joining the track of crypto unicorn officially.

NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing
Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.

Swiss Digital Asset Bank Sygnum Partnered with Artemundi to Issue Picasso NFT Painting for $6K per Share
The Swiss bank of digital asset management, Sygnum, announced that it has partnered with industry-leading art investment company Artemundi to sell the ownership stake in Pablo Picasso’s NFT painting at a price of $6,000 per share.

Fox Corp Puts $100M Creative Fund for NFT Project
U.S. media giant Fox Corp announced the company is raising a total of $100M creative fund for its NFT company Blockchain Creative Labs, aimed at inspiring content creators.

NFT Surpasses Crypto and Ethereum in Google Searches
To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends.

Dolce & Gabbana Bags $6M from Fashion NFT Collection “Collezione Genesi”
Leading Italian luxury fashion house Dolce & Gabbana sold a nine-piece collection of fashion NFTs dubbed Collezione Genesi for a whopping $6 million.

Dolce & Gabbana Launches First NFT Collection "Collezione Genesi"
Dolce & Gabbana is entering into the NFT metaverse with the launch of its 9 piece collection.

Coinbase Wallet Rolls Out Support for NFTs
Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include NFTs.

Total NFT Sales Hit $25B in 2021
The explosion in popularity of non-fungible tokens (NFTs) topped its sales to some $25 billion in 2021, data from market tracker DappRadar shows.

French Football Federation Explores Player NFT Cards in Partnership with Sorare
Sorare is building a digital collectible card for French National Team players.

Discovery Communications Releases Puppy Bowl NFTs to Benefit Ariana Grande's Animal Rescue Charity
Discovery Communications will be selling off 23 unique NFTs to commemorate this year’s Puppy Bowl competition.

Burberry Cooperates with Mythical Games to Launch the First NFT in Blankos Block Party Game
The famous British luxury brand Burberry cooperated with Mythical Games to launch its first non-fungible token (NFT) series that provide players with the verification of ownership and real rights.

Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT
Vodafone is making its entry into the NFT ecosystem by auctioning the world’s first Short Message Service (SMS), which reads “Merry Christmas.”

Ripple Floats $250M Fund to Power NFT Creativity on the XRP Ledger
Ripple Labs Inc has launched a $250 million fund designated to help power the growth and development of Non-Fungible Tokens (NFTs) amongst creators.

Alibaba's Largest E-commerce Platform Taobao Firstly Presents NFT Artworks in Festival Week
China's largest e-commerce website, Taobao, a subsidiary of Alibaba Group, exhibited artworks in the form of NFT for the first time in the recent Shanghai Taobao Maker Festival.

United Arab Emirates to Issue its First NFT-Backed Stamps
The United Arab Emirates, through the Emirates Post Group (EPG), is set to launch the region’s first Non-Fungible Token-backed postage stamps.

WWE Launches John Cena-Inspired NFTs Just in Time for SummerSlam
World Wrestling Entertainment (WWE) announced the creation of non-fungible tokens (NFTs) inspired by 16-time world champion John Cena.

YouTube to Explore NFTs, Head of Gaming Quits to Join Polygon
YouTube's CEO Susan Wojcicki has announced that the company plans on adding NFT features for its video creators. Meanwhile, YouTube’s head of gaming Ryan Wyatt is leaving to join Polygon Technology.

NFT Mania Slows with Tapering Transaction Volume on Top Marketplaces
NFT transaction volume is on the low, showing a broad disinterest in digital collectables.

Chinese State Media Agency Xinhua to Issue First News NFT Collectables
Amid the strict restriction of cryptocurrency activities in China, Chinese state media agency Xinhua will issue its first news NFT collectables on Friday at 8 p.m.

China Leads APAC Nations in Google Search Trend for NFT
The latest Google Trends data shows China is the country with the most interest for Non-Fungible Token (NFT) related searches in the APAC region.

Coca-Cola to Launch First-Ever NFT Collectibles to Honor International Friendship Day
Coca-Cola has partnered with Tafi, a leading designer of avatars and digital wearables, for the company’s first-ever non-fungible token (NFT) to celebrate International Friendship Day to be held on July 30.

Major Fat Finger Error as BAYC NFT Acquired for $3K Instead of $300K
A major “fat finger” transaction error in the growing blockchain world took place over the weekend with a Bored Ape Yacht Club (BAYC) NFT mistakenly listed for 0.75 ETH instead of 75 ETH.

John Lennon's Music Memorabilia to be Sold as NFTs
John Lennon and The Beatles music memorabilia will be auctioned off as NFTs on February 7th, at the Julien’s Auctions house.

Hip-hop legend Snoop Dogg’s first NFT drops on SuperRare
Hip-hop legend Snoop Dogg’s first NFT collaboration with digital multimedia artist Coldie was minted on SuperRare.

NFT Sales Sales Volume Hits Record High of $10.7B in Q3
Rising over eight times from the second quarter record, sales volumes of non-fungible tokens (NFTs) grow to $10.7 billion in the third quarter of 2021.

FC Barcelona Partners With Ownix to Create NFTs
FC Barcelona will start auctioning off Non Fungible Tokens (NFTs) based on photos videos featuring iconic moments from the club’s history available to fans.

Indian film studio Zee Studios has Partnered with Nftically to Launch the First NFT Drop on Polygon Blockchain
Indian film studio Zee Studios announced that it has partnered with the Software as a Service (SaaS) platform Nftically to launch its first-ever NFT drop on Polygon blockchain.

Ernst & Young’s Blockchain Technology to Create NFTs for Award-Winning Italian Film
Big-four accounting and auditing firm Ernst & Young’s blockchain-as-a-service dubbed EY OpsChain will create NFTs for the award-winning Italian film La Leggenda Di Kaspar Hauser.

Lamborghini Ventures into NFTs with New Collection
Italian luxury car manufacturer Lamborghini is launching its own Non-Fungible Token (NFT) collection to cement its foothold in the emerging digital art world.