What Are The Blockchains Used For NFT Development?
One of the most popular use cases of blockchain technology, non-fungible tokens (NFTs), is widely used to display and trade ownership of physical and digital objects and intellectual property. This article aims to fully explain the different blockchains used for NFT development. What distinguishes an NFT from a digital image is the use of metadata, […]
How Is The True Value Of An NFT Assessed?
Various factors such as ownership, utility, rarity, and social evidence are basically the most important metrics used to find out how valuable an NFT really is. There is no set of rules for assessing an NFT assessment. The metrics you use to value private companies or conventional investment vehicles like stocks simply don’t apply to […]
29 Moonbird NFTs were stolen in recent hack
A Proof Collective member has lost $1.5 million worth of Moonbird NFTs after clicking a malicious link sent by hackers. The recent hack sends a wake-up call to NFT investors to stay vigilant. A member of the Proof Collective was duped and lost 29 highly valuable Ethereum-based Moonbirds. The victim lost 29 Moonbird nonfungible tokens […]
eBay launches first NFT collection
eBay has officially launched its first NFT collection in partnership with OneOf. The collection according to the duo will bring NFTs and Web3 technology to non-crypto-native customers. eBay has officially launched its first NFT drop, with a series of tokenized items starring Wayne Gretsky of the National Hockey League (NHL) going online on May 23. […]
OpenSea launches Seaport protocol NFT marketplace
OpenSea NFT marketplace has just launched a new protocol for buying and selling NFTs dubbed ‘Seaport’ as revealed by the company in a blog post. The Seaport protocol enables users to acquire NFTs in a variety of innovative ways. The company verified the revelation in a blog post, which was initially revealed by an address […]