NFT sales surpass $4 billion in the last month
    13 Jan 2022
    1,093 Views

    Despite a decline in the crypto markets, NFT marketplaces have made a tremendous surge in the previous month. According to data from Tradingplatforms.com, NFT global sales surpassed $4 billion in the last 30 days. “2021 will go down as the breakdown year for NFTs. The growth in their sales is due to two main factors,”…

    Art Dubai unveils in 2022 a new digital section with NFT and VR art
    13 Jan 2022
    832 Views

    Art Dubai announced on Sunday the list of participating galleries at its 2022 edition, which will be its most extensive to date. The fair will occur at Madinat Jumeirah, Dubai, from 11-13 March 2022, with previews on 9 and 10 March. The upcoming event marks the debut of Art Dubai Digital, an innovative new digital…

    NFT market passed $41 billion in 2021, rivaling the global fine art market
    08 Jan 2022
    1,080 Views

    Nearly $41 billion worth of cryptocurrency was sent to NFT marketplaces and collections from the beginning of 2021 through mid-December, according to a new estimate from blockchain analytics firm Chainalysis. NFTs are now inching closer and closer in value to the traditional art market.   By the end of 2021, the marketplace for non-fungible tokens…

    Crypto in 2022: 5 predictions for Bitcoin, NFTs and the future of money
    06 Jan 2022
    2,237 Views

    CNET’s experts reveal where cryptocurrency is headed in 2022. This story is part of The Year Ahead, CNET’s look at how the world will continue to evolve starting in 2022 and beyond. Cryptocurrency made many of the strangest headlines of 2021. Boosters touted digital currencies as a world-changing technology with the potential to create new…

    Dubai’s MetaTerrace lounge-restaurant opens the door to the metaverse
    01 Jan 2022
    770 Views

    ColossalBit, Dubai’s crypto consulting, advisory, design, and development company, launches MetaTerrace, a lounge restaurant in the Central Park Towers, Dubai International Financial Centre (DIFC). MetaTerrace is a unique establishment, which is mixing the digital and physical worlds, portraying the principle of the metaverse. Gulf Digital News announced that the launch of the ultra-modern space at…

    World’s first SMS auctioned as NFT for $150,000
    28 Dec 2021
    628 Views

    During the 2021 Paris Auction House event, Vodafone sold the world’s first SMS as a non-fungible token (NFT) for €132,680 (or $149,729). Vodafone proceeded the entire amount for charity to support the UN Refugee Agency (UNHCR). It was 1992 when the Vodafone’s programmer Neil Papworth made the cell phone of his colleague, Richard Jarvis, ring…