NFTs to look out for in 2022 ranked
With continued interest from investors in the NFT market, knowing which NFTs to look out for may just be one of the reasons you end 2022 being a millionaire. There are millions of NFTs for sale and thousands of new projects seem to be released every day. How can you cut through all the noise […]
Ukraine set to create an NFT Museum Symbolizing Russia’s Invasion
Ukraine’s Deputy Minister of Digital Transformation, Alex Bornyakov, says the government intends to preserve history by using NFTs to tell the world their story. Although, some citizens believe it is just another ploy to leverage digital assets to fund military activities in the ongoing war. Ukraine’s government intends to produce a collection of Non-fungible Tokens […]
Pixar pals NFT collection sells out within 24 hours of its launch on VeVe
Disney Pixar Pals NFT recently just launched on the Veve marketplace and have sold all of its 54,995 pieces, this is barely after 24 hours of its launch. It appears the collection sold for an equivalent of $3.3 million. Sheriff Woody, Mike Wazowski, Lightning McQueen, The House from Up, and Edna Mode were among the […]
Paradigm leads a $27M Series A funding for Magic Eden
Magic Eden a Solana NFT marketplace announced today that it has raised $27 million in the Series A round, which was led by Paradigm and had contributions from other VC firms. The fund according to the marketplace will be used to further its goals. Sequoia, Solana Ventures, Greylock, Kindred, Electric, and Variant were among the […]
How NFTs Are Made And How They Create Value
Unlike other asset classes, NFTs are an entirely new one. For a full understanding of NFTs, one must first consider what they are and the kinds of business prospects they open up for developers. NFTs’ uniqueness and restricted availability establish their authenticity and ownership. Any cryptographic asset on the blockchain that represents an intangible and […]