NFT ART WORLD
NFT Revival: The top 5 crypto projects connected with NFTs that can explode this year
NFTs make a comeback with Azuki NFT sales exceeding $1.1 million in a day. Traders diversify into KangaMoon (KANG), Internet Computer (ICP), Render (RNDR), Fetch.ai (FET), and Gala (GALA). Key catalysts fuel growth in the NFT market.
Crypto Gems: Top crypto assets to watch & buy in May 2024
Ondo Finance (ONDO) facilitates the tokenization of real-world assets such as real estate, commodities, and art. This allows investors to access fractional ownership of traditionally illiquid assets, diversifying their portfolio beyond typical crypto assets.
Understanding NFTs: A beginner's guide to non-fungible tokens
"Non-fungible" refers to something unique and irreplaceable, while "token" represents a digital certificate or proof of ownership. In essence, an NFT is a digital asset that represents ownership or proof of authenticity for a specific item, often in the form of digital art, music, videos, or other digital content.
Unlocking growth: Can Budget provide the path to a thriving crypto ecosystem in India?
Blockchain technology extends far beyond cryptocurrencies, encompassing smart contracts that automate and secure agreements, DeFi platforms that provide alternative financial services, and NFTs that revolutionise digital ownership.
Trends observed in Web3 industry in 2023 and outlook for 2024
Web3 has been riding high, powered by burgeoning investments, regulatory advancements, and the impending Bitcoin halving, historically synonymous with increased adoption for robust projects. These with a shift in perceptions that collectively steer us toward an exciting outlook for 2024 and beyond.
Den for the Gen NFT: Inside Zo House where Web3 creators huddle, work and play
Zo House BLR at Anaa Infra’s Signature Towers is a home away from home for an elite group of 405 members who hold nonfungible tokens (NFTs), including actor Lisa Ray, former Unacademy chief of design Abhinav Chhikara, and Polygon cofounder Sandeep Nailwal, among others.
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ETtech in-depth: Rario collapse, tax woes bring curtains down on Dream Sports’ venture arm
Going ahead, Dream Sports will scout for companies that widen the group’s sports offerings and are more strategic in nature, according to people familiar with the change in strategy.
NFTs, once hyped as the next big thing, now face ‘worst moment’
Nonfungible tokens, most popularly associated with the digital artwork and other collectibles recorded on crypto blockchains, have lost most of their value after once capturing the imagination of crypto enthusiasts as the next big thing.
Crypto: What governments around the world are doing to regulate the rapidly growing digital assets
Cryptocurrency is a modern-day juggernaut. Its global market was valued at $2,191.25 million in 2022 in the Cryptocurrency Market Report by Polaris Market Research, with an expected Compound Annual Growth Rate (CAGR) of 11.6 per cent from 2023 to 2032. Additionally, NFTs reached a global market size of $18.47 billion in 2021, with a projected CAGR of 34.1 per cent until 2030, in NFT Market Report by the same source.
Takashi Murakami loves and fears AI
Murakami, 61, has become a brand unto himself thanks to his loveable technicolour paintings that mix traditional Japanese art motifs with modern anime and manga.
Paris museum gives troubled NFT art scene a big showcase
Blockbuster multimillion-dollar sales helped fuel publicity in 2021, and prices soared amid a lack of regulation and general confusion over what the digital tokens were.
Delhi HC turns down Rario’s NFT plea against MPL-backed Striker
The court observed that the information used by Striker, which is player name and data of a player’s real-word match performance, is freely available in the public domain and can be used by anyone.
No payment gateway access for non-permissible online games; won’t forego margins for growth: TCS CEO-designate
As the online gaming industry and the government move closer towards implementing a self-regulatory mechanism for the sector, the Ministry of Information Technology (IT) is taking steps to prohibit non-permissible platforms which may be allowing illegal betting and gambling firms to operate.
Deep Dive: What's next for India’s NFT ecosystem as it shifts focus from filmi trifles to utility
The super-short history of NFTs has been chaotic — from the dizzying heights of hype to a bone-rattling decline in the wake of a crypto shakedown to a quick correction, a quiet realisation and, now, a pivot to utility.
In conversation with British visual artist Sacha Jafri
Jafri’s collectors include Bill Gates, the UAE royal family, the British royal family & more.
NFT owners have zero ownership of their digital arts: report
The non-fungible tokens (NFTs) owners have zero intellectual property ownership of their content and only one NFT collection in the top 25 platforms by market capitalisation has attempted to confer intellectual property rights to the purchasers of digital arts, says a report.
World's first NFT museum in Seattle aims to 'pull back the curtain' on blockchain art
Non-fungible tokens (NFTs) are a type of digital asset that has exploded in popularity recently, with NFT artworks selling for millions of dollars. NFTs exist on a blockchain, a record of transactions kept on networked computers.
Is NFT mania here to stay?
Many investors now deem NFTs as legitimate investments. But much of the NFT market lacks structure.
5 emerging trends in the NFT and crypto space to watch out for
With in-game NFT assets being developed by some of the top names in the gaming space, its no wonder GameFi (gaming and finance) is fast getting traction among users and developers alike.
Pandemic didn't put a dent in the art market. Auctions recorded $17.1 bn in sales in 2021
The figure marked a 60-percent increase on 2020, when sales were hit by the disruption of the pandemic.
Digital works in spotlight at Dubai's largest art fair as NFTs go on display
This year, in its 15th edition, the three-day fair hosted more than 100 local and foreign art dealers.
From screens to walls: Beeple exhibition features paintings on apocalyptic future where Amazon, Facebook are in rubble
Several advisers from the worlds of crypto and culture have also joined team Beeple.
That art file in your inbox is non-fungible, non-insurable
NFT is a unique digital non-fungible token which means it can secure digital ownership of an artwork (any digital or physical asset) in the blockchain network. In general, NFTs have a unique 'uniform resource identifier' (URI) that is linked to any online or offline item such as art, music, photography, or even real world tangible items like real estate, automobiles, fashion, wine etc.
Move over candy bars, New York vending machine now selling NFT art
FINANCE-CRYPTO-NEW-YORK-VENDING-Move over candy bars, New York vending machine now selling NFT art
After Pak and Beeple, NFT collectors looking to invest in something tangible - a traditional art made with a paintbrush
Art dealers and museums have long tried to woo Silicon Valley’s tech innovators as art aficionados.
People are spending a fortune on pricey NFT art, here's why
The market for NFTs exploded in 2021 with sales worth more than $40 billion.
NFT art world in a tizzy: Robness, an American artist, sells an image of a trash can at $252K
The image, called "64 gallon toter", depicts a large plastic trashcan with glitching effects.
NFT sales hit $25 billion in 2021, but growth shows signs of slowing
Prices of some non-fungible tokens, crypto assets representing a digital item such as an image, video, or even land in virtual worlds, rose so fast last year that speculators sometimes 'flipped' them for a profit within days.
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